Global Baby Diapers Market Size, Industry, Share, Growth, Trends, Research, Report, Analysis, Opportunities and Forecast 2013-2020
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Research Beam adds a report titled “Global Baby Diapers Market 2013-2020” that provides detailed information of the Baby Diapers.The report is an excellent piece of study for investors who are looking towards the market.
Increase in disposable income and rising health care expenditures have driven the demand for baby diapers. The key factors which drive the growth of baby diapers market include frequent use of diapers to maintain hygiene and prevent rashes in babies’ skin. Additionally, increasing birth rate, rapid urbanization and continuously improving economic conditions in developing countries have fueled the growth of baby diaper industry. The global baby diaper market is estimated to reach $59.4 billion by the year 2020. Developed countries have the largest market share; however, with the rise in disposable income, developing economies are expected to witness a significant growth during the forecast period. Disposable diapers’ market would garner substantial market share of about 63% of the estimated global market by 2020. The changing environmental needs would limit the use of disposable diaper in the future, promoting the usage of bio-degradable diapers.