Global Baby Diapers Market to Exhibit 3.7% CAGR till 2022, Forecasts Beige Market Intelligence in Its New Report Available at MarketPublishers.com29 May 2017 • by Natalie Aster
LONDON – The demand for baby diapers is dependent on 2 major factors: market penetration and fertility rates. The situation across different geographical markets varies considerably. In the African region, the fertility rate is very high, however, the market penetration is low, thus, the diapers sales in there are low. In the North American and European regions, the market penetration is high, but the fertility rate has declines over the recent time. At present, growth in the world’s baby diapers market is primarily fueled by the rising birth rates in APAC and Middle East.
Price is one of the major issues of concern for consumers of baby diapers, therefore, cloth diapers are more preferred than disposable. However, the market players are introducing low-cost disposable diapers to increase their affordability and, thus, boost their sales.
Awareness positively influences the overall demand of baby diapers. Furthermore, availability of different types, sizes and packs also drives the market penetration.
The world’s market for baby diapers is predicted to increase at a CAGR of nearly 3.7% over 2017-2022.
The new topical report “Global Baby Diapers Market - Strategic Assessment and Forecast 2017-2022” created by Beige Market Intelligence gives in-depth insights into the global market landscape as well as examines the current state of the key geographical markets. The report covers the main market growth drivers and restraints in detail, scrutinizes the major challenges, points out emerging opportunities and also includes the Porter’s five force analysis. The study contains profiles of the top players as well as estimates their market shares, and also highlights the competitive scenario. In addition, the research report discusses the prevailing market development trends and provides an all-round future outlook through 2022.
Visit the Beige Market Intelligence catalogue at MarketPublishers.com to find many other market research reports by the publisher.