NEW YORK, December 8, 2016 /PRNewswire/ --
Booming population, increasing disposable income, expanding women workforce and continuous product innovations to drive global baby diapers market
According to a recently released TechSci Research report, "Global Baby Diapers Market By Product Type, By Region, Competition Forecast & Opportunities, 2011 - 2021", the global baby diapers market is anticipated to cross US$ 68 billion by 2021. With anticipated increase in consumer spending, the global baby diapers market is expected to grow at a robust pace over the course of next five years. The market is expected to witness growth on account of growing expenditure on baby care, increasing demand for adult diapers coupled with quality product offerings from leading diaper players at competitive prices.
Browse 29 market data Tables and 55 Figures spread through 168 Pages and an in-depth TOC on
"Global Baby Diapers Market"
According to the International Monetary Fund (IMF), global growth was estimated at 3.1% in 2015, and it is projected to be 3.4% in 2016 and 3.6% in 2017. In developed economies, a modest recovery is expected to continue; while developing economies are forecast to register higher growth over the next five years, as indicated by the IMF. Hence, with improving economic scenario, the disposable income of consumers is anticipated to increase, and people will be more inclined towards purchasing products like baby diapers in the coming years.
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"On the basis of technology used, global baby diapers market has been broadly segmented into five categories, namely, Disposable Diapers, Cloth Diapers, Training Diapers, Swim Pants & Biodegradable Diapers. Among these categories, disposable diapers dominated the global baby diapers market in 2015. Asia-Pacific is the largest demand generator of baby diapers across the world, and the same trend is expected to continue over the next five years as well.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"Global Baby Diapers Market By Product Type, By Region, Competition Forecast & Opportunities, 2011 - 2021" has evaluated the future growth potential of global baby diapers market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities in global baby diapers market.
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