Diaper Packaging Machine Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Operation, Distribution Channel, Output Capacity, and Machine Type
NEW YORK, Nov. 23, 2020 /PRNewswire/ --
The global diaper packaging machine market is expected to reach US$ 389.82 million by 2027 from US$ 328.32 million in 2019; it is estimated to grow at a CAGR of 1.9% from 2020 to 2027.
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The growth of the diaper packaging machine market is mainly attributed to the globally increasing childbirth count and geriatric population, and advancements in diapers and diaper packaging machines. However, low diaper demand in price-sensitive market s hinders the growth of the market .
The escalating demand for ecological packaging and adoption of advanced technologies in baby diaper manufacturing has led companies to offer advanced diaper varieties.Ongoing advancements in the comfortable diaper fabric, enhanced absorption capabilities, and user-friendly features are boosting the demand for new products.
Companies are undertaking various R&D initiatives for developing biodegradable diapers.For instance, in July 2019, Huggies introduced Huggies Special Delivery.
It has a liner and waistband made from plant-based materials.These diapers are free from parabens, fragrance, and dermatologically tested.
Packaging is crucial for the sales, durability, and handling of any product. It safeguards products from contamination and breakage and protects it during storage and transportation. Thus, packaging machinery play a vital role in the overall packaging process and enables product manufacturers to gain a competitive edge.
On the basis of machine type, the diaper packaging machine market is segmented into baby diaper packaging, and adult diaper packaging.The baby diaper packaging machines held a larger share of the market in 2019.
Further, the market for adult diaper packaging machines is anticipated to grow at a higher CAGR in the market during the forecast period.The diaper packaging machine market , based on output capacity, is segmented into less than 500 units per minute, between 500 to 1000 units per minute, and above 1000 units per minute.
On the basis of operation, the diaper packaging machine market is segmented into semi-automatic and fully automatic. The market , by distribution channel, is segmented into direct sales and indirect sales.
The World Health Organization (WHO), Federation of Indian Chambers of Commerce and Industry, Centers for Disease Control and Prevention (CDC), and International Trade Administration, along with company websites, are a few of the major primary and secondary sources cited while preparing this report.
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