The Global Baby Diapers Market size was valued at USD 45.08 billion in 2016 and is expected to reach USD 64.62 billion by 2022, according to a new report by Grand View Research, Inc.
Latest technological developments, such as higher absorption levels and reduced weight of final products, have helped the overall quality to a great extent. Various R&D initiatives aimed at developing bio-degradable diapers are projected to boost the market growth over the forecast period. The industry has witnessed several partnerships and M&A activities aimed at developing technologically advanced products. Growing demand for natural and hygienic products is forcing manufacturers to develop bio-based disposable diapers, which is also projected to propel market demand.
Some of the key companies in the global market are First Quality Enterprises, Inc.; Procter & Gamble Co. (P&G); Hengan International Group Company Ltd.; Kimberly-Clark Corp.; Unicharm Corp.; KAO Corp.; Philips Healthcare; Drylock Technologies NV; Cotton Babies; The Honest Co; and The Hain Celestial Group.
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