At 5.63% CAGR, Baby Wipes Market Size to Achieve $6957.7 Million in 2027, Market Research & Forecast – Indian Defence News

2022-06-18 20:06:39 By : Ms. Hathaway Wang

Global Baby Wipes Market is anticipated to be valued at US$ 6957.7 Million by 2027 growing at a CAGR of 5.63% during the forecast period. In 2020, global Baby Wipes market was worth US$ 4741.9 Million.

Baby Wipes Market Size/Value, Market Share, Market Dynamics & Industry Trends, Covid-19 Impact Analysis, Competitive Analysis, Market Segmentation Analysis, Y-o-Y & CAGR Analysis, Qualitative & Quantitative Analysis, Regional & Country Market Share, Historical & Forecast Analysis 2022 & Further, Finding & Conclusion.

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Baby Wipes are the piece of cloth made up of non woven fabric similar to dryer sheets & diaper used to cleanse the skin of infants. These baby wipes are saturated by solutions from gentle cleaning ingredient to alcohol based cleaners. Parents use washable baby wipes to save extra money that is pre soaked or wet as required. The wipes can be wetted by commercial solution, homemade solution and water but homemade solution & water are preferred by parents as ingredient can be controlled for child’s skin. The wipes are more effective at removing solid from skin due to its textured nature. The baby wipes are used at many places like feminine care, cooling off, etc. due to its soft & textual nature. The origin of baby wipes happened in 1950 & by 1990 many private manufacturers entered market. This is a hygiene product which has to pass many quality parameters leakage, tear strength, solution ingredient quality, and duration on shelf with any chemical reaction and etc. According to Times of India; the Baby wipe market doubles in every 5 years and with rising demand coupled with growing population will help market expansion in developing & under developed economies.

Increasing Women Workforce with Growing Disposable Income is the Major Factor Driving the Growth of Global Baby Wipes Market.

Companies operating in Baby Wipes Industry are-

Kimberly-Clark Announced Acquisition of Softex Indonesia for $1.2 Billion – September 4th 2020; Kimberly-Clark announced its agreement to acquire Softex Indonesia, a leader in personal care market in all cash transaction of $1.2 billion. This is strategic fit to accelerate the growth in developing & emerging markets & enhance company’s growth prospect with expanding portfolio. The diaper market of Indonesia is sixth largest in world estimated to $1.6 billion. Softex’s 80% sales come from diapers & it holds 2nd largest market share which is still growing.

Chapter 2– Global Baby Wipes Market Overview

2.3. Global Baby Wipes Market Classification

2.8. Porter’s Five Forces Analysis

Chapter 3 – Global Baby Wipes Market Overview

Chapter 4 – Global Baby Wipes Market Analysis: Segmentation By Types

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