Report ID: SQSG30L2030
Report ID:
SQSG30L2030 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|
Tables:
90 |
Figures:
76
In 2021, North America had a revenue share of over 31.6% and dominated the baby diaper market. Regardless of price, consumers can purchase highly effective baby products thanks to their high affordability and purchasing power. Due to the growing demand in the US for natural and organic products, businesses are putting more of an emphasis on natural ingredients, performance enhancement, and aesthetic improvement to appeal to modern parents. From 2021 to 2028, Asia Pacific is expected to experience the fastest CAGR of 5.1%. Manufacturers are concentrating more and more on the Asia-Pacific region, where strong demand is expected from nations like Thailand, Indonesia, and India. Due to a growing population of wealthy parents in these nations, the adoption of baby diapers is expected to rise in the upcoming years. From 2021 to 2028, Europe is expected to experience a CAGR of 4.6%. Demand for baby products is increasing in Europe's developing baby diapers market as women's awareness of infant hygiene increases. Due to growing environmental concerns, consumers have demonstrated a growing preference for eco-friendly baby care and wellness products in recent years. Manufacturers have been compelled by this trend to concentrate on biodegradable baby products.
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REQUEST FREE CUSTOMIZATIONBaby Diapers Market size was valued at USD 76.82 billion in 2019 and is poised to grow from USD 82.59 billion in 2023 to USD 111.6 billion by 2031, growing at a CAGR of 4.9% in the forecast period (2024-2031).
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Report ID: SQSG30L2030