How is the future of the global diaper market
Apr. 20, 2018 Hits： 1320
As we mentioned in Global Diaper Market Forecast, we can see that the market for diapers is very impressive. Today we will share with you more details.
Key Findings of the Global Baby Diaper Market Report:
The global baby diaper market is expected to reach USD 71.4 billion by 2023
Based on the product, the disposable diaper segment held the major share of the global market in 2016, and is expected to retain its dominance during the forecast period
On the basis of type, the high absorption segment is projected to hold the major share of the global baby diaper market in the forecast period
Europe holds the largest share of the global baby diaper market in 2016
The Middle East & Africa region is expected to witness highest CAGR during 2017-2023
Key players dealing in the baby diaper market are Procter & Gamble, Kimberly-Clark Corporation, Unicharm, KAO Corporation, Svenska Cellulosa Aktiebolaget, Hengan International Group, Bumkins, The Honest Company among others
Increasing Usage of E-Commerce in Baby Diaper Market
The huge impact that e-commerce has made in the global baby diaper market is evident from the rising number of consumers purchasing baby diapers online. Convenience and price comparison benefits are some of the factors driving the trend. The rise in disposable income and improving infrastructure in developing countries has brought more buyers online. E-commerce has also provided new market players the opportunity to start off their business online. The Honest Company and Parasol started their businesses off on the internet. E-commerce has provided these firms a cheaper and more efficient distribution channel. Internet outlets have made parents switch to online delivery and subscription services as opposed to physical stores.
Baby Diaper Market - Regional insight
Europe holds the largest share of the global baby diaper market in 2016 in terms of revenue, mainly due to higher prices in the region. Asia-Pacific is projected to achieve high growth rate during the forecast period and gain the largest share of the the global baby diaper market by 2023. Factors driving growth in the region are increasing disposable income and rising awareness towards baby care products. Middle East & Africa is expected to show highest CAGR during 2017-2023, owing to rapid urbanization and high birth rate in the region.
About Chiaus (Fujian) Industrial Development Co., Ltd
Founded in 2006 by a private HK capital, Chiaus (Fujian) Industry Development Co., Ltd is specialized in manufacturing baby diapers & pants, adult diapers, wipes and other baby care products.
After 11 years of striving and achieving, Chiaus is nowadays broadly recognized as the leading brand in Chinese diaper market. In this fiercest competition market, Chiaus stands out and wins mommies' favor and loyalty by it's innovative, high standard and reliable products and excellent services.
Chiaus, a powerful combination of the massive production capacity,latest diaper technology, strong R&D, world-standard quality control system and a team full of expertise, passion and enterprise, is committed to serve customers world-wide with versatile products, customization, ODM and OEM services. Chiaus is striding forward to involve into an international brand and delivering the best care for all babies. Win with customers! Win with Chiaus!