Baby Diapers Import & Export Business - Opportunities by 2020
By 2020, the international baby diaper industry is expected to yield $59.4 billion and another estimation says that its Compound Annual Gross Rate will improve up to 6.0% during the 2017 to 2025. Besides the population growth of India and China, the entire world is experiencing a rapid population growth, which has become a driving factor for the development of the diaper market. Apart from the population explosion, the increasing health awareness, rapid urbanization, literacy rate, readiness for health care expenditure and persistent economic growth in the developing countries play the significant roles in fueling the baby diaper market. The disposable diaper industry offers different types of diapers like Ultra absorbent disposable diapers, super absorbent diapers, regular disposable diapers, swim pants and bio-degradable diapers. In 2013, the disposable diapers accumulated around 66% market share among all the other diapers. Super absorbent diapers are preferred for its