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Baby Cloth Diaper Market Analysis, Growth Drivers and Opportunity Assesment Till 2022

 

Rockville, MD -- (SBWIRE) -- 03/28/2018 -- The global baby cloth diaper market research report contains various aspects which influence the market growth. There are several benefits of using baby cloth diapers, to name a few, the cloth diapers are good for the skin of babies, they are also good for the environment as they can be reused and do not overflow the landfills. They are much cheaper than disposable baby diapers and have longer life. These benefits are raising the bar and the adoption of the baby cloth diapers thereby contributing to the growth of the global baby cloth diaper market. Other factors impacting the growth of the baby cloth diaper market include convenience and higher disposable income that the population. People would not want to compromise on quality and on health of baby and can afford to purchase cloth diapers owing to enormous benefits that they offer. The Asia-Pacific excluding Japan (APEJ) region is expected to be a lucrative region for baby cloth diapers. The global baby cloth diaper market is anticipated to grow at a CAGR of 2.1% over the forecasted period of 2017 to 2022.

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The baby cloth diaper market is thoroughly analyzed by including all the major segments involved in the market. A detailed segmentation is shown below which will give a brief idea about the essentials included in the comprehensive baby cloth diaper market research report.

APEJ Region to Dominate the Global Market

The APEJ (Asia Pacific excluding Japan) region is anticipated to portray a CAGR of 2.2% over the forecasted period of 2017 to 2022 and thereby is expected to be the dominating region among other regions. This region shows good market attractiveness in terms of usage of baby cloth diapers and is expected to rise by 2022. This growth can be attributed towards the rising population in the Asian countries and the increased disposable income, and hence higher adoption of baby cloth diapers in this region.

HM/SM Segment in Sales Channel to Exhibit Higher Market Share, Outpaces Other Segments

The HM/SM segment in sales channel is poised to grow at a moderate growth rate and has a higher revenue market share. It is expected to gain 31 BPS by 2022. The online segment is an upcoming one and also expected to grow at a higher pace. It reflects a CAGR of 2.5%, a bit more than the HM/SM segment and is poised to gain BPS by the end of 2022. The drug store market shows sluggish growth and also loss in BPS, as per market observations. Even the convenience store segment is expected to gain BPS and has a nominal market share by revenue.

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The Age Group of 0-6 Months Segment to Experience High Growth

The age group of 6-18 months shows slow growth and has moderate market share by revenue. It is, however, expected to lose BPS by the end of 2022. The 0-6 months age group is growing at a higher pace to reflect a CAGR of 2.4% and also anticipated to achieve a gain in the BPS. It has the highest market revenue share as compared to all other segments in the age group type.

Competition Tracking

The research report includes a section on competitive intelligence where it provides details about the key market players in the global baby cloth diaper market. The key players included in the market are Kao Corporation, Kimberly Clark Corporation, Ontex Group NV, The Procter and Gamble Company, Domtar Corporation, The Hain Celestial Group Inc., Johnson &Johnson, Unicham Corporation and First Quality Enterprises Inc.

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