The Global Market for Baby Disposable Diapers is Projected to Reach US$54.5 Billion by 2024
Growing Awareness and Strong Emphasis on Baby Health,
Well-Being & Hygiene Drive the Global Market for Baby Disposable Diapers, According
to a New Report by Global Industry
Analysts, Inc.
GIA launches comprehensive
analysis of industry segments, trends, growth drivers, market size, share and
demand forecasts on the global Baby Disposable Diapers market. The
global market for Baby Disposable Diapers is projected to reach US$54.5 billion
by 2024, driven by rising birth rates in developing countries, increased
emphasis on baby hygiene, increasing number of women in the workforce, rise in
household incomes, and product innovations.
Since their emergence in
the late 60s and early 70s, disposable baby diapers have become an essential
purchase for parents of newborns and toddlers, owing to the huge convenience
and better hygiene offered when compared to traditional cloth diapers. The
market is replete with several diaper options and individual choices reflect
consumer preferences such as softness, absorbency, fragrance, comfort, cost,
lesser chemicals or eco-friendliness. However, the most important consideration
is its role in keeping the baby comfortable, safe and hygienic. The market is
characterized by maturing conditions in developed economies such as the US,
Europe, and Japan due to declining birth rates. Developing countries are
however forecast to witness rapid growth. The market is gaining impetus from
novel product variants as well as service offerings, such as weekly or monthly
subscription services, in addition to strong retail network, and expanding
online channel. The market is replete with several diaper options and
individual choices reflect consumer preferences such as softness, absorbency,
fragrance, comfort, cost, lesser chemicals or eco-friendliness. A strategic trend
witnessed in the diapers category is the growing preference for pull-up style
diapers.
The diapers market is home
to two of the largest players - Procter & Gamble (P&G) and
Kimberly-Clark. Competition is based on parameters such as price, quality,
brand recognition, product variety and vertical integration. While brand
loyalty is a key influencing factor, price has also come to play a critical
role in determining the consumers’ purchase decisions about disposable diapers.
Companies are focusing on increasing volumes through promotional pricing and
enhancing product performance, while simultaneously cutting costs through the
supply chain, augmenting productivity and material sourcing. Players operating
in the global baby diapers market are focused on cost effective manufacturing
strategies, as well as innovations centered around development of
environment-friendly and skin-friendly products. In case of premium diapers,
globally there is a shift in favor of carded air-through bonded or bicomponent
spunbonded with biocomponent fiber, so as to achieve ultra-softness along with
functional performance in apertured or lofty topsheets, and in quilted
cloth-like backsheet, and high-performance acquisition or distribution layers.
With diaper producers
undertaking aggressive campaigns to promote the functional and performance
properties of their products, nonwoven suppliers are under immense pressure to
provide fabrics that not only feature functional attributes but also have
aesthetic attributes, at lower prices. Cushioning and ultra-soft nonwovens are
generally preferred for backsheet and topsheet layers, while soft nonwovens
with effective fluid barrier properties are needed for leg cuffs.
As stated by the new
market research report on Baby
Disposable Diapers, Asia-Pacific represents the largest and the fastest
growing region for baby diapers. The steady rise in birth rate, favorable
economic environment, and rapid urbanization trend are aiding market growth.
Changing consumer preferences, transforming demographic patterns, and rising
disposable incomes are also contributing to sales growth across Asia-Pacific,
Middle East, and Latin America. China, in particular, is a high growth market
due to the huge population base, improving living standard, and the increasing
purchasing power of consumers. The low penetration offers significant potential
for the growth of diapers market. Further, the two-child policy implementation
in the country is expected to boost the consumption of diapers in the region.
Major players in the market
include Kao Corporation, Kimberly-Clark Corporation, Ontex International N.V.,
The Procter & Gamble Company, Svenska Cellulosa Aktiebolaget SCA (publ),
and Unicharm Corporation, among others.
The research report titled
“Baby
Disposable Diapers: A Global Strategic Business Report” announced by Global
Industry Analysts Inc., provides a comprehensive
review of market trends, issues, drivers, mergers, acquisitions and other
strategic industry activities of major companies worldwide. The report provides
market estimates and projections in US$ for major geographic markets such as
the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain,
Russia, and Rest of Europe), Asia-Pacific (China, India, Indonesia, South
Korea, Taiwan, Thailand, and Rest of Asia-Pacific), Latin America (Brazil and
Rest of Latin America), and Rest of World.
Global Industry Analysts, Inc. 6150 Hellyer Ave., San
Jose CA 95138, USA, All Rights Reserved.
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