Published Date : Jan 27, 2016
Baby diapers have been experiencing a significant surge in their demand over the last few years. The increasing birth rate in developing nations has propelled the global baby diapers market to a great extent. The rapid urbanization and the growth in the disposable income across the world are also fueling the market significantly.
Additionally, the rising number of female workers, together with declining mortality rate of infants, is likely to trigger the demand for baby diapers market in the global arena over the next few years.
Asia Pacific to Surpass North America in Coming Future
North America has been leading the global baby diapers market at present. However, this regional market has reached its saturation point and is facing extreme competition, which is hampering the growth of the baby diapers market in North America. On the flip side, Asia Pacific is likely to surpass North America to acquire the leadership in the global baby diapers market in the near future.
Other regional baby diapers markets including Europe, Latin America, and the Middle East and Africa are also expected to show percentage growth in their valuation in the forthcoming years. Here is a snapshot of major market trends and their long terms impact on the global market for baby diapers.
Procter & Gamble, Unicharm, and Kimberly Clark are some of the major international baby diapers manufacturers.