The global diapers market is extremely competitive and consolidated in nature with a few number of players dominating the overall market, states a research study by Transparency Market Research (TMR). The prominent players operating in the global diapers market, namely Kao Corporation, Kimberly Clark, Unicharm, Procter & Gamble, and Hengan are expected to collectively account for a large share of the overall market in the next few years. These players are making remarkable efforts to expand their product portfolio in order to enhance their presence across the globe and create a brand name in the next few years. In addition, a significant rise in the number of players estimated to enter the global market is predicted to generate promising opportunities in the coming few years.
According to the research study by Transparency Market Research, the global market for diapers is anticipated to reach a value of US$63.2 bn by the end of 2017. This market is projected to register a progressive growth rate throughout the forecast period.
Increasing Disposable Income of Consumers to Bolster Asia Pacific Diapers Market
From a geographical viewpoint, the Latin America market for diapers is anticipated to witness a strong growth throughout the forecast period. According to the research study, this region is expected to register a progressive growth rate in the coming years. On the other hand, North America and Europe are predicted to grow at a steady rate in the near future. The Asia Pacific market for diapers is expected to grow significantly, thanks to the rising disposable income of consumers. In addition, the rising preference of consumers for convenience and the enhancing lifestyle, especially in developing economies are anticipated to encourage the growth of the Asia Pacific market in the near future.
On the basis of product type, the disposable diapers market is estimated to lead the global diapers market in the next few years. The high growth of this segment can be attributed to the easy availability of these diapers across the globe. In addition, the high level of convenience offered by disposable diapers and the emergence of biodegradable diapers are estimated to fuel the growth of this segment in the next few years. The growth rate and the size of each segment have been provided in the research report.
Rising Rate of Working Female Population to Bolster Global Diapers Market
The growing geriatric population and the rising disposable income of consumers are anticipated to encourage the growth of the global diapers market throughout the forecast period. In addition, the robust growth rate of urbanization and the increasing female workers are predicted to accelerate the growth of the overall market throughout the forecast period. The introduction of innovative products and biodegradable diapers is likely to offer several opportunities for players operating in the global diapers market.
Furthermore, the rising expenditure on new product development and the improvement of the distribution network are projected to supplement the growth of the global market in the coming years. The lower infant mortality rate is considered to contribute significantly towards the development of the market in the near future.
Declining Birth Rates to Impede Growth of Global Diapers Market
The global diapers market, on the other hand, is expected to face several challenges in the coming years. The declining birth rates in developed economies and the rising environmental concerns are projected to restrict the growth of the global diapers market in the forecast period. In addition, the reducing men to women ratio is another major factor predicted to hamper the growth of the market in the near future. Nevertheless, the rising popularity of innovative and environmental-friendly diapers is expected to supplement the growth of the global diapers market in the coming years.
This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Diapers Market - Global Industry Analysis, Market Size, Share, Growth And Forecast 2011 - 2017.”
The global diapers market has been segmented as below:
Global Diapers Market, by Product
- Cloth Diapers
- Flat Cloth Diapers
- Fitted Cloth Diapers
- Pre-fold Cloth Diapers
- All-in-one Cloth Diapers
- Disposable Diapers
- Ultra-Absorbent Diapers
- Super-Absorbent Diapers
- Regular Diapers
- Biodegradable Diapers
- Training Diapers
- Swim Pants
Global Diapers Market, by Demography
- Baby Diapers
- Adult Diapers
- Male Diapers
- Female Diapers
- Common Diapers
Global Diapers Market, by Geography
- North America
- Asia Pacific
- Rest of the World
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