Press release
Baby Diaper Market Size to Accelerate at a Rapid CAGR of 4.1% by 2024
In terms of value, the global baby diaper market is anticipated to expand at a CAGR of 4.1% during the forecast period and is expected to be valued at US$ 70.4 Bn by 2024 end. Among all product type segments in the baby diaper industry, disposable diapers are projected to be the fastest-growing segment over the forecast period (2016–2024). This segment accounts for approximately 49.0% of the global volume of diapers consumed; attributed to the availability of improved raw materials and technological advancements in markets in various regions across the globe.
Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/baby-diaper-market.asp
In Asia Pacific, disposable segment accounted for majority market share of 42.5% in 2015. Revenue contribution of this segment to the APEJ baby diaper market is expected to increase at a CAGR of 6.0% from 2016 to 2024. In North America, a market share of the cloth diaper segment is anticipated to fall from 11.2% in 2015 to 10.8% in 2024. This is due to the introduction of new baby diaper products with more efficient absorbency as compared to that of cloth diapers. In terms of value, the disposable segment in the Europe baby diaper market accounted for 49.4% share in 2015. Demand for baby diapers in countries in this region is primarily driven by increasing number of private labels and increasing the focus on raw material suppliers towards developing biodegradable materials.
In terms of volume, the global baby diaper market is anticipated to expand at a CAGR of 3.5% during the forecast period and is expected to account for 379,907 units by 2024 end. Among the various regional markets, the market in Asia Pacific accounted for 41.0% volume share in 2015.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/11566
Primary factors driving growth of the global baby diaper market include increasing promotion and advertising of various baby diaper brands and improved raw materials, and technological advancements. In addition, growing affluence and increased per capita spending on personal hygiene products and increasing birth rates in developing countries are other factors expected to drive growth of the global baby diaper market over the forecast period. Demand for baby diaper across the globe is growing steadily and can be attributed to the various associated benefits such as ensuring increased hygiene and low risk of skin damage.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/baby-diaper-market/toc
One of the major restraints for a growth of the global baby diaper market is a significantly slow rate of degradation of baby diapers. Diapers rank among the third-largest consumer item to be disposed of in landfills and represent 30% of non-biodegradable waste volumes. Moreover, disposable diapers contain dioxin, which is an extremely toxic by-product of the paper-bleaching process. This factor is anticipated to restrain the growth of the global baby diaper market over the forecast period.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Baby Diaper Market Size to Accelerate at a Rapid CAGR of 4.1% by 2024 here
News-ID: 642434 • Views: …
More Releases from Persistence Market Research
Spectroscopy IR Detector Market Anticipated to Hit USD 1,370 Million by 2032
Overview of the Spectroscopy IR Detector Market
The global spectroscopy IR detector market has experienced steady growth in recent years, driven by technological advancements and increasing demand across various industries. Valued at US$ 211.0 million in 2024, the market is projected to reach US$ 825.8 million in 2025 and is anticipated to grow further to US$ 1,370 million by 2032, registering a robust CAGR of 7.5%. Rising environmental concerns and the…
Spectrum Analyzer Market Anticipated to Hit USD 2,138.2 Million by 2032
Overview of the Market
The global spectrum analyzer market is poised for steady growth, with its valuation reaching US$ 1,762.4 million in 2025. Driven by increased adoption of wireless communication systems, rising demand for precise signal analysis, and rapid technological advancements in electronics testing, the market is expected to achieve US$ 2,138.2 million by 2032, registering a CAGR of 2.8% during the forecast period. Spectrum analyzers are crucial for testing, designing,…
Speaker Driver Market Expected to Grow at a CAGR of 2.3% Through 2032
Overview of the Speaker Driver Market
The global speaker driver market has witnessed steady growth in recent years, driven by surging demand for high-quality audio devices across consumer electronics, automotive, and professional audio segments. Valued at US$ 26.4 billion in 2024, the market is projected to reach US$ 26.8 billion by 2025 and expand to US$ 31.4 billion by 2032, registering a CAGR of 2.3% during the forecast period. The market…
Signalling Devices Market Expected to Grow at a CAGR of 6.7% Through 2032
Overview of the Market
The global signalling devices market is poised for steady growth, driven by rising demand across industrial, transportation, and residential sectors. Valued at US$ 2,181.20 million in 2024, the market is projected to reach US$ 3,643.90 million by 2032, reflecting a CAGR of 6.7% during the forecast period of 2025-2032. Increasing awareness about safety protocols and technological advancements in automation and IoT-enabled devices are major factors propelling market…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
