The global baby diaper market is projected to grow at a CAGR of 5.5% between 2022 and 2030.
Pune, India, Nov. 10, 2023 (GLOBE NEWSWIRE) — According to our latest study on “Baby Diaper Market Size Report, Forecast to 2030 – COVID-19 Impact and Global Analysis – by Type, Distribution Channel, and Geography,” the baby diaper market is expected to grow from $47 billion in 2022 to $73 billion by 2030; it is estimated to grow at a CAGR of 5.5% from 2022 to 2030. The report highlights key factors driving the market and prominent players along with their developments in the market.
Baby diapers are essential products in infant care product categories. Baby diapers are used by infants and toddlers who are not toilet trained. Moreover, diapers are also used by children who experience bedwetting. Baby diapers are available in disposable and reusable formats. Disposable baby diapers are comprised of outer layers, inner covering layers, and an absorbent layer. Diapers are light, compact, easy to use, and prevent leakage. They are made using soft, comfortable, and breathable materials to ensure comfort for babies. Babies have very delicate and soft skin. Therefore, baby diaper manufacturers use super-soft and anti-microbial materials to prevent rashes and allergies on the baby’s skin. The rising urbanization and increasing awareness of baby hygiene are the key factors driving the baby diapers market growth.
Over the past few years, there has been a rising demand for baby care and baby hygiene products as parents are concerned about their health and safety. Parents, usually working parents, face the challenges of changing the nappies of babies multiple times due to their extended work schedules and lack of time. This factor significantly drives the demand for diapers as they are made with super absorbent material that keeps the baby dry, and the baby does not become immediately fussy.
Impact of COVID-19 Pandemic on Baby Diaper Market
Various industries, such as consumer goods and personal care, suffered from severe disruptions due to disturbances in supply chains and shutdowns of production plants amid the COVID-19 pandemic. The shutdown of various manufacturing plants and factories in regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa negatively impacted the supply chains, manufacturing, delivery schedules, and sales. Many businesses announced possible delays in product deliveries and slumps in their future sales. Thus, suspended operations in various industries negatively impacted the baby diaper market growth.
Initially, there was a surge in demand for baby diapers as parents stocked essential items due to the fear of shortages and lockdowns. However, the manufacturers faced challenges in meeting the demand due to the shutdown of manufacturing plants, which created a shortage. Prominent manufacturers with high inventory could meet the surge in demand. However, small-scale manufacturers faced significant losses. With physical stores closed, many consumers shifted to online shopping, accelerating the growth of online sales for baby diapers. The pandemic heightened hygiene awareness, leading to a continued focus on diaper quality and safety, which also influenced the buying decision. Thus, the rising hygiene awareness among parents positively influenced the baby diapers market growth. Further, in 2021, the governments announced a relaxation of restrictions due to the introduction of vaccines. This factor had a positive impact on the global marketplace. Manufacturers of baby diapers were permitted to work at full capacity, which helped them overcome the demand and supply gap. All these factors had a positive impact on the baby diapers market.
Based on type, the baby diaper market is segmented into disposable and reusable. Based on distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. By geography, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. The baby diaper market in North America is further segmented into the US, Canada, and Mexico. The European market is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The baby diaper market in the Asia Pacific is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the MEA is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The baby diaper market in South & Central America is categorized into Brazil, Argentina, and the Rest of South & Central America.
Repost: yahoo By: The Insight Partners