Global Diaper Market to Reach US$ 93 Billion by 2024

by Zayn Mathew Market Research Reports

According to the latest report by IMARC Group titled, “Diaper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the market reached a value of US$ 65 Billion 2018. Looking forward, the market is expected to reach a value of US$ 93 Billion by 2024, exhibiting a CAGR of around 6% during 2019-2024.

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A diaper is made of quick-absorbing materials and allows the wearer to excrete without the use of a toilet. It contains leakage protective materials which absorb the waste and prevent it from leaking and soiling the outer clothes. Diapers are worn by babies, adults with urinal incontinence, astronauts, divers and people on long duties. The increasing population and growing prevalence of urinary incontinence and other health problems have primarily driven the demand for diapers. In addition, increasing awareness among consumers about personal hygiene, growing women workforce and inflating income levels have further augmented the growth of the market.

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Breakup by Application:

Smart Devices
Cameras and Camcorders
Others

Regional Insights:

Asia Pacific
Europe
North America
Middle East and Africa
Latin America

Competitive Landscape:

The report has also examined the competitive landscape of global flash memory card market. Some of the major players in the market are SanDisk, IMEC, Corsair, G.SKILL International Enterprise, Mushkin, Kingston, Samsung, SK Hynix, Toshiba, Transcend Information, etc.

Key highlights of the report:

Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Competitive Structure
Profiles of Key Players

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