Global Diaper Market Forecast: The Future of Adult and Baby Diaper Markets
Apr. 18, 2018 Hits： 1112
According to the news provided by Research and Markets，We know that The global diaper market reached a value of more than US$ 54 Billion in 2016, the market is expected to reach a value of more than US$ 71 Billion by 2022, exhibiting a CAGR of around 5% during 2017-2022.
With the rising adult population across the globe, the prevalence of urinary incontinence has also increased. This has, in turn, augmented the demand for adult diapers while acting as a primary factor for the growth of the diaper market. Another factor is the development of absorbent core technology which removes the fluff pulp thereby, enabling the production of thinner diapers. Moreover, the rising trends of online purchase of baby diapers and delayed toilet training of children have also contributed towards the growth of the market.
The report has segmented the market on the basis of type into baby and adult diapers. The baby and adult diapers have further been categorised as disposable diapers, training diapers, cloth diapers, baby swim pants and biodegradable diapers; and pad type, flat type and pant type, respectively. Currently, disposable diapers account for the majority of the total market share of baby diapers, whereas pad type represents the largest adult diaper type.
This is good news for diaper manufacturers, distributors and agents. The diaper market is still expanding and the future diaper market will be better.