Baby Diaper Market to Reach US $70.4 Bn by 2024
The global baby diapers market anticipating a steady growth as disposable diapers continue to dominate owing to the considerable higher preference for superabsorbent materials among consumers.
New York, NY -- (SBWire) -- 11/23/2016 --After going through dozens of books as well as a few "what to expect and when" illustrations regarding the parenting chores that help manage their newborn, mothers from all corners of the world are now looking to ease their stress and spend more time adoring the innocent smiles. Recent developments in manufacturing of baby diapers are indicating a major inclination towards production of disposable diapers. The reason being: wasting time of cleaning the conventional cloth material becomes tedious for mothers who are expected to be around their child 24/7. With the prevalent burden of household chores already distressing them, disposable diapers are saviors for mothers as they aren't compelled to leave their out of sight; even for a moment.
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Every mother expresses deep gratitude to Scottish innovator and housewife Valerie Hunter Gordon, who recently passed away on October 16 at the age of 94. The development of disposable diapers can be dated back to early 50s when the mother-of-six launched "Paddi", a two-part disposable diaper consisting a garment made by covering cotton wool over cellulose tissue wadding, which initially replaced nylon parachutes.
Nearly 70 years later, the global market for baby diapers is currently dominated by disposable diapers. In 2016 and beyond, the disposable diapers segment is slated to account for approximately 50% share of the global market value. According to a report developed by Persistence Market Research, titled "Global Market Study on Baby Diaper: Rise in Production of Novel Hygiene Products is Expected to Fuel Demand for Baby Diapers," the global market for baby diapers is slated to record sales of 379,907 units in volumes by the end of 2024. Over the forecast period of 2014 to 2024, the global baby diapers market is projected to attain a market value of over US$ 70 billion.
In terms of demand, disposable diapers will continue witnessing a major influx as opposed to swim suits, training nappy, cloth and other baby diaper products. Global leaders in consumer goods such as Procter and Gamble and Johnson & Johnson, among others, are instating higher production of disposable diapers to increase their presence in the global baby diapers market. Besides them, Unicharm Corporation, Kimberly-Clark Corporation, Nobel Hygiene Pvt Ltd., Bummis, Fujian Shuangheng Group Co., Ltd., Kao Corporation, Svenska Cellulosa Aktiebolaget SCA, and Bumkins Inc., among others, are recognized as some of the key participants contributing to the growth of global baby diapers market.
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In the report, the growth of global baby diapers market is fragmented on the basis of type of diapers such as tape style and pant style, and distribution channels namely, retail store, maternity specialty store, convenience store, supermarket, hypermarket, and online stores. A regional classification of the global baby diapers market has indicated Asia-Pacific as the largest market after procuring a 42.5% of global market share in 2015. Cloth diaper products in North America will incur a decline due to higher consumption of disposable diapers with superabsorbent polymer materials. Europe's baby diaper market will witness nothing less than 50% prominence from disposable diapers segment throughout the forecast period.
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