DUBLIN, May 30, 2022 (GLOBE NEWSWIRE) – “Global Diaper (Adult & Baby Diaper) Market : By Product Type, Distribution Channel, Regional Size and Impact on COVID-19 Trend Analysis and Forecast to 2026.” Offers ResearchAndMarkets.com. The global diaper market was valued at $83.85 billion in 2021 and is likely to reach $127.54 billion by 2026. Around the world, the diaper industry is growing due to increased awareness of personal and baby hygiene. Currently, high birth rates in emerging economies and growing population aging in developed countries are driving demand for diapers.
The popularity of diapers is growing primarily due to increased female labor force participation and increased awareness of personal and child hygiene, especially in North America. The disposable diaper market is expected to grow at a CAGR of 8.75% during the forecast period 2022-2026.
Drivers of Growth: Increasing the number of women in the workforce gives countries the opportunity to expand their workforce and achieve greater economic growth, so disposable income will increase, thus driving the growth of the diaper market. Moreover, over the past few years, the market has expanded due to factors such as population aging, urban growth, high birth rates in developing countries, and delayed toilet training in developed countries.
Challenges: Increasing health concerns due to the presence of harmful chemicals in baby diapers are expected to hold back the growth of the market.
Trend: Growing environmental concerns are a key factor driving demand for biodegradable diapers. Biodegradable diapers are made from biodegradable fibers such as cotton, bamboo, starch, etc. These diapers are eco-friendly in nature and safe for babies as they contain no chemicals. The demand for biodegradable diapers will drive the overall diaper market in the coming years. It is believed that new market trends will drive the growth of the diaper market during the forecast period, which may include ongoing research and development (R&D), an increased focus on ingredient transparency, and “smart” diapers.
COVID-19 Impact Analysis and Way Forward: The impact of the COVID-19 pandemic on the global diaper market has been mixed. Due to the pandemic, there has been an increase in demand for diapers, especially in the baby diaper market. The long lockdown has led to a sudden gap between supply and demand in the diaper industry.
COVID-19 has brought attention to sustainable products and has changed the definition of adult diaper use. The market is expected to grow at a faster pace in the coming years and return to pre-crisis levels. As awareness of the benefits of adult diapers continues to grow, a large number of private companies have entered the adult diaper industry and marketing methods in the industry have changed. Competitive Landscape and Recent Developments: The global paper diaper market is highly fragmented. However, the diaper market is dominated by certain countries such as Indonesia and Japan. Participation of leading players in the consumer goods market, which identified the huge potential of the market and controlled the majority of the revenue share.
The market is expanding and transforming in response to customer demand for hygienic and quick-drying, wicking and leakage technology advancements as the market provides businesses with opportunities to secure sales from a more diverse range of consumers. Established companies are inventing new technologies and experimenting with natural substances to gain significant market share.
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