Global Diaper Market 2017-2021
A diaper is a linen or cotton fabric woven in a geometrical repeating pattern. It is fastened around the bottom or in between the legs to absorb solid waste or urine. Diapers are mostly worn by newborns and by children who experience bedwetting or have not been potty trained. They are also used by adults in advanced age, those suffering from incontinence and certain physical or mental disability, or those working in extreme conditions such as astronauts.
Technavio’s analysts forecast the global diaper market to grow at a CAGR of 5.60% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global diaper market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Diaper Market 2017-2021
Technavio recognizes the following companies as the key players in the global diaper market: Kao, Kimberly-Clark, P&G, SCA, and Unicharm.
Other Prominent Vendors in the market are: Cotton Babies, Covidien, Evergreen World, Fisher-Price, Hypermarcas, Medline Industries, Philips, Ontex International, GroVia, KCK Industries, First Quality, Drylock Technologies, Attends Healthcare Group, and Associated Hygienic Products.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is ultra-thin diaper design. Consumers are increasingly looking for diapers that are comfortable, rash proof, and easy to wear. One of the recent trends in the diaper market is the availability of ultra-thin diapers.”
According to the report, one driver in the market is rapid adoption of baby diapers in developing regions. The global diaper market is witnessing rapid growth due to high birth rates in developing countries like India, China, and the Middle East countries. The rise in awareness regarding baby health and hygiene and the increase in disposable income are the key aspects contributing to the growth of the market. Technological advances and innovations in the material and design of diapers have resulted in the introduction of several novel products with superior properties.
Further, the report states that one challenge in the market is raw material shortage. The manufacture of diapers requires materials like acrylic acid, which is used to produce superabsorbent diapers. Manufacturers source the material at high prices in order to meet the increasing demands of diapers from consumers. The shortage of raw materials causes financial problems for manufacturers. It restricts the growth of the manufacturers and reduces the profit margin of the vendors during the forecast period.
Clark, P&G, SCA, Unicharm, Cotton Babies, Covidien, Evergreen World, Fisher-Price, Hypermarcas, Medline Industries, Philips, Ontex International, GroVia, KCK Industries, First Quality, Drylock Technologies, Attends Healthcare Group, and Associated Hygienic Products.
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