US Diapers Market Set to Cross $ 9.8 Bn by 2021: TechSci Research Report
NEW YORK, June 10, 2016 /PRNewswire/ --
Growing Disposable Income Coupled With Increasing Product Innovations and Effective Marketing Strategies to Drive the Sales Of Diapers in the United States.
According to TechSci Research report, "United States Diapers Market By Product Type, By Adults Vs Kids, By Region, Competition Forecast and Opportunities, 2011-2021", diapers market in the United States is projected to cross $ 9.8 million by 2021. With anticipated revival in US GDP growth as well as consumer spending, the diaper market is expected to grow over the course of next five years. The market is expected to witness growth on account of rising expenditure on baby care, growing demand for adult diapers, coupled with quality product offerings from leading diaper players at competitive prices.
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Browse 20 market data Tables and 21 Figures spread through 109 Pages and an in-depth TOC on
"United States Diaper Market"
Disposable diapers accounted for a majority revenue share in the US diapers market in 2015, and the segment is anticipated to continue its dominance during the forecast period. However, a slight decline in the value share could be witnessed, on account of higher growth anticipated in adult diapers and bio-degradable diapers. Kids diaper held the majority value share in the US diapers market in 2015, and this trend is expected to continue over the next five years. Procter & Gamble and Kimberley Clark are the leading players in the country's diapers market, and both of them cumulatively accounted for more than three-fourths of the revenue share in the US diapers market in 2015.
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"Being a developed country with a large population base, United States is a huge market for diaper companies. A vast population of working women makes the country even more attractive marketplace for huge brands as well as private labels. Growing use of adult diapers as well as cloth diapers is also positively influencing the country's diaper market. Moreover, with diaper companies increasing their focus on introducing innovative product offerings and adopting aggressive marketing strategies, the US diapers market is expected to continue growing in the coming years.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"United States Diapers Market By Product Type, By Adults Vs Kids, By Region, Competition Forecast and Opportunities, 2011-2021" has thoroughly evaluated the future growth potential of US diaper market and provides statistics and information on market structure, size, share and future growth of the country's diaper market. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the United States diapers market.
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