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Bemax Release Highlights of Industry Report
GLOBAL BABY DIAPER MARKET EXPECTED TO REACH US$ 99 BILLION BY 2026: EXPERT MARKET RESEARCH
According to a new market research report published by Expert Market Research titled ‘Global Diaper Market Outlook’, The global diaper market size reached a value of about USD 70 billion in 2020. The market is further expected to grow at a CAGR of nearly 6% in the forecast period of 2021 and 2026 to reach a value of approximately USD 99 billion by 2026.
According to a new market research report published by Expert Market Research titled ‘Global Diaper Market Outlook’, The global diaper market size reached a value of about USD 70 billion in 2020. The market is further expected to grow at a CAGR of nearly 6% in the forecast period of 2021 and 2026 to reach a value of approximately USD 99 billion by 2026.
North America is the leading region for the global diaper market, accounting for the majority of the market share. The market is significantly being supported by the rising demand in the Asia Pacific region, especially India. The advent of biodegradable diapers impacts the diaper market further since they are environmentally friendly in nature as well as reduce environmental pollution. In addition, increasing online sales, combined with rapid urbanisation, will also foster the market growth in the Asia Pacific region. In India, the market for diapers continues to grow due to its advantages including comfort, hygiene, and a reduced risk of harm to the skin. In addition, an increase in the awareness of personal hygiene, changes in lifestyles, and a dramatic increase in consumers' purchasing power have led to consumers moving from conventional clothes to diapers.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the baby diaper can be segmented into disposable diapers, training diapers, cloth diapers, swim pants, and biodegradable diapers. On the basis of product types, the adult type is segmented into pad, flat, and pant type. On the basis of distribution channels, the industry is divided into supermarkets and hypermarkets, pharmacies, convenience stores, online stores, and others. The major regional markets for diaper are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market.
About Bemax Inc.
Bemax Inc. exports and distribute private label household products to the global emerging markets. www.bemaxinc.com.
Safe Harbor Statement
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
CONTACT INFORMATION
Bemax Inc.
Atlanta, GA
USA
Tel: 4044808372