Diaper Market

Disposable Diapers are fueling the growth of Diaper Market

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The global Diaper Market is estimated to be valued at US$ 93.4 Bn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview: –

Diapers are absorbent garments worn by infants and toddlers to take care of their potty needs. They also prevent leakage from soiling clothes and surroundings. Disposable diapers dominate the market as they are more convenient and provide longer protection compared to cloth diapers.

Market key trends: –

One of the key trends fueling the growth of diaper market is increasing birth rates globally. According to United Nations Population Division, global birth rate is estimated to be around 20 births per 1000 people. Moreover, growing focus towards infant hygiene by parents along with convenience of usage is rising the demand for disposable diapers. Emphasis on advanced materials and smart sensors to alert wetness or soiling is another trend expanding market opportunities. However, eco-friendly variants made with natural fabrics are gaining popularity due to environmental concerns.

Segment Analysis:-

The global diaper market is segmented by product type, age group, and distribution channel. Based on product type, the market is divided into disposable diapers and training diapers. Disposable diapers are the largest and fastest growing segment as they offer convenience to parents and are available at affordable prices. Based on age group, the market is categorized into babies (infants and new borns), toddlers, and adults. The babies segment dominates as diapers are essential for babies who cannot control bladder and bowel movements. Based on distribution channel, the market is classified into supermarkets and hypermarkets, pharmacies, convenience stores, and online. Supermarkets and hypermarkets dominate as they offer a wide range of diaper brands and options under one roof.

Key Takeaways:-

The Global Diaper Market Demand is expected to witness high growth, exhibiting CAGR of 8.4% over the forecast period, due to increasing awareness about hygiene and health of infants and toddlers. The global diaper market size for 2023 is US$ 93.4 Bn.

Regional analysis – Asia Pacific dominates the global diaper market and is expected to grow at the fastest rate due to rising birth rates, increasing disposable incomes, and growing working women population in countries such as China and India.

Key players operating in the diaper market are Svenska Cellulosa AB, DSG International Ltd., First Quality Enterprises, Inc., Kimberly-Clark Corporation, Abena A/S, Attends Healthcare Products, Inc., Unicharm Corporation, Kao Corporation, Ontex Group, Chiaus (Fujian) Industrial Development Co Ltd and others. Key players are focusing on product innovation, expanding their product portfolios, and strengthening distribution networks to gain higher market shares.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it