Transparency Market
Research “Baby Diapers Market - Asia Pacific, Middle East, Latin
America and South Africa Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 - 2021,” the market was valued at USD
20,755.4 million in 2014, which is expected to reach USD 34,872.0
million by 2021, growing at a CAGR of 7.6% from 2015 to 2021. In
terms of volume the baby diapers market in Asia Pacific, Middle East,
Latin America and South Africa was valued at 3,270.7 million units in
2014 and is expected to reach 5,967.2 million units by 2021, growing
at a CAGR of 8.8% from 2015 to 2021.
The Baby
Diapers Market is expected to
undergo several changes such as a result of increasing awareness
about hygiene among consumers. In recent times, the healthcare
facilities have improved considerably in the developing countries.
Due to this factor, the infant mortality rate has reduced
considerably. Apart from this, increasing environmental awareness
among the consumers is also expected to boost the demand for
biodegradable diapers. Besides, the manufacturers are focusing on
product differentiation in terms of price and style variations in
order to strengthen their customer base. By product type, the baby
diapers market has been segmented into cloth diapers, disposable
diapers training nappies and swim pants.
The baby diapers
market is primarily driven by factors such as high birth rate and
decreasing infant mortality rate. Moreover, rapid urbanization
coupled with increasing disposable income has also fuelled the growth
of baby diapers market. Apart from this, increasing awareness about
hygiene and sanitation is also expected to drive the demand for baby
diapers.
Asia pacific held
the largest market share of baby diapers market in terms of both
revenue and volume in 2014 and is expected to continue its dominance
throughout the forecast period. The region’s large population and
the growth of disposable income are major factors boosting the demand
for baby diapers in this region. The Asia Pacific market is expected
to be followed by Latin America in terms of both revenue and volume
throughout the forecast period.
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The disposable
diapers segment held the largest share of the baby diapers market in
Asia Pacific, Latin America, the Middle East and South Africa in
2014. Rapid industrialization and increasing disposable income are
some of the factors boosting the demand for disposable diapers.
Market participants
are striving to manufacture and market improved variants of baby
diapers to remain competitive. The key companies among
them are Indevco Group, Kao Corporation, Bumkins Finer Baby Products,
Inc., Hengan International Group Company Limited, Johnson &
Johnson, Unicharm Corporation, Wipro Consumer Care and Lighting Ltd.,
Kimberly-Clark Corporation, Procter & Gamble Company, and SCA
Hygiene.
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