The baby diapers market was projected to have collected around USD 35.7 billion in 2011. It is predicted to expand from 2011 to 2017, at about 6.7 percent CAGR. The market is anticipated to attain about USD 52.3 billion by the end of the forecast phase mentioned above. It is fragmented on the basis of products and geographies.
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The products baby diapers market is sliced into swim pants, cloth diapers, training nappies and disposable diapers. In 2013, disposable diapers of the products sector accounted for around 66 percent of the baby diapers market. The geographies sector is sliced on the basis of North America, Europe, Asia Pacific and rest of the world. Asia Pacific is projected to expand most quickly in the future.
This region is likely to register a CAGR of about 8 percent during the coming years. The baby diapers market is propelled by increasing births and growing consciousness with regard to cleanliness and health in the emergent regions of the world. Augmented disposable earnings, modifying client preferences and flow in demographic patterns have also added income to the baby diapers market.
Boost in medical expenses and growing demand for cleanliness and no skin rashes in babies also drive further demand for the baby diapers market. Fast industrialization and constantly enhancing financial statuses in emergent markets have also augmented the demand for the baby diapers market. Developed nations occupy the biggest share.
With increase in disposable earnings, the emergent baby diapers market regions are predicted to notice substantial expansion through the forecast phase.
Baby Diapers Market Share
Information Source: Radiant Insights