Baby Diapers Market Size, Share & Trends Analysis Report By Product, By Type, By Distribution Channel, By Region And Segment Forecasts, 2023 - 2030
Baby Diapers Market Size, Share & Trends Analysis Report By Product (Disposable, Non-disposable), By Type (Organic, Conventional), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2023 - 2030
New York, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Baby Diapers Market Size, Share & Trends Analysis Report By Product, By Type, By Distribution Channel, By Region And Segment Forecasts, 2023 - 2030" - https://www.reportlinker.com/p06377996/?utm_source=GNW
Baby Diapers Market Growth & Trends
The global baby diapers market size is expected to reach USD 121.15 billion by 2030, registering a CAGR of 4.9% over the forecast period. The growing awareness among new and working parents regarding the use of diapers to maintain hygiene and avoid skin rashes is expected to drive the demand for baby diapers made from comfortable and protective materials. A number of consumers are also inclined towards products that have no chemical or synthetic materials. An increase in the number of working mothers has led to a rise in disposable income primarily in the emerging economies of Asia Pacific, Central & South America, and the Middle East & Africa.
Thus, the growing participation of women in the workforce has been widening the growth opportunity for the industry.The disposable diapers product segment held the largest share in 2022 and is expected to maintain its dominance over the forecast period.
The demand for disposable diapers is particularly high among working parents as these products help save a lot of time and effort.The offline distribution channel segment accounted for the majority of the industry share in 2022 and will expand further at a steady CAGR from 2023 to 2030.
Offline stores, such as hypermarkets, supermarkets, convenience stores, and pharmacy stores, are among the major product distributors.
These stores make a significant contribution to the overall sales in this industry.Some of these stores, such as Walmart, offer delivery services to expand their consumer bases.
The organic baby diaper product segment is estimated to register the fastest growth rate during the forecast period.The growing demand for paraben-free, chemical-free baby diapers that are made from natural or ethically sourced materials is anticipated to fuel the growth of this segment.
Furthermore, the increased focus of key manufacturers in the development of organic products will increase the penetration of organic products. The industry is consolidated with the presence of a large number of international players and a few regional players.
Baby Diapers Market Report Highlights
• Asia Pacific is estimated to register the fastest CAGR from 2023 to 2030 owing to improving standards of living and increasing awareness regarding child health & hygiene
• Moreover, constant technological advancements in this region are likely to propel regional expansion
• The non-disposable product segment is projected to register the fastest CAGR during the forecast period due to the growing environmental concerns
• The offline distribution channel segment is expected to register a significant CAGR during the forecast period
• Instant availability and physical verification of products are the two major factors propelling the segment’s growth. Services, such as consumer assistance and guidance, also encourage consumers to buy products from offline stores
• Conventional baby diapers are expected to maintain dominance over the forecast period due to increased demand for baby diapers from the growing parent population across the globe
Read the full report: https://www.reportlinker.com/p06377996/?utm_source=GNW
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
__________________________
CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001