Asia, North America and Western Europe account for more than 70% of the baby diaper market.

LONDON, April 27, 2017 /PRNewswire/ -- The disposable diaper market is forecasted to grow at a compound annual growth rate (CAGR) of 6.86% by 2023, according to a report by Inkwood Research.

The report also highlights the following elements:

Size of the Global Markets

●     The baby diaper market reached $54.3 billion globally in 2015.

●     Asia-Pacific is the world's largest market, followed by Europe and North America.

●     Collectively, Asia, North America and Western Europe accounted for more than 70% of the market.

Several Factors Contribute to Growth

●     An increase in health awareness and a decrease in infant mortality are the main factors.

●     Other factors include a rise in women's literacy, a shift from rural to urban regions, and an increase in disposable and dual household income.

●     In the incontinence market, successful online specialized retailers and a growing geriatric population are contributing to growth.

To see the report summary on ReportBuyer's blog click here.

Intissar Guettou
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