Product ID: SQSG30L2030
Global Baby Diapers Market Size, Share, Growth Analysis, By Product(Cloth Diapers, Disposable Diapers), By Distribution Channel(Offline, Online), By Type(Organic, Conventional) - Industry Forecast 2024-2031
Report ID:
SQSG30L2030 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|
Tables:
90 |
Figures:
76
Global Baby Diapers Market Insights
Baby 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).
The industry is expected to have increased demand in the upcoming years due to growing public awareness of children's health. The main factor driving up demand for biodegradable diapers globally is the growing trend toward high-quality, environmentally friendly infant items. Additionally, manufacturers are putting a lot of effort into creating baby diapers based on bio-ingredients, which is also expected to fuel baby diapers market expansion in the upcoming years. One-third of families in the United States struggle to buy adequate diapers for their kids. However, low-income families would be able to buy diapers for their infants and toddlers because of Sen. Tammy Duckworth's proposal of The End Diaper Need Act of 2021 in February 2021.
Between 2022 and 2025, social services will receive $200 million annually from the End Diaper Need Act, which would go toward diapers and other baby items. In addition, the plan would use Medicaid to pay for 200 diapers per month for "medically complex children." In the upcoming years, the growth of the baby diaper market in the United States may be significantly impacted by such initiatives. In comparison to other parts of the world, consumers in North America and Europe have relatively high purchasing power. They are able to spend more on high-end, luxury baby products thanks to their increased purchasing power. Therefore, there is a sizable demand for high-end baby care products in the aforementioned areas.
Due to the increased purchasing power of working mothers, nations with high rates of female labour force participation are expected to see high demand for baby products. The nations with the highest rates of female labour force participation as of 2021 were Rwanda, Madagascar, Nepal, Burundi, Tanzania, Zimbabwe, Cambodia, Vietnam, South Sudan, and Iceland. As a result, it is expected that in these nations, product demand will pick up steam in the coming years. Consumer adoption of these products is being boosted by elements like rising purchasing power, the high rate of female labour force participation, and growing hygiene awareness. Baby diaper usage has increased over the past few years, particularly in Asia Pacific. A factor boosting product adoption is Africa's high birth rate.
US Baby Diapers Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Baby Diapers Market Report Snapshots
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