The ‘South Korea Baby Diapers Market share Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the South Korea baby diapers market, assessing the market on the basis of its segments like age group, size, product type, and distribution channels.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
South Korea Baby Diapers Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 355.50 million
- Forecast CAGR (2023-2028): 4.2%
- Forecast Market Size (2028): USD 543.70 million
The increase in the urban population and growing prevalence of nuclear families in South Korea are driving the growth of the baby diaper market in the country. Rising female employment rates, increasing literacy rates, and rising levels of disposable income are further contributing to the growth of the South Korea baby diapers market.
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As parents understanding of the importance of child and baby hygiene increases, the use of baby diapers is becoming more popular. Diapers and baby wipes are two essentials for everyday infant care that lower the risk of bacterial illness and provide comfort. Due to growing awareness of diaper rashes, which are typically brought on by wet or infrequently changed diapers, the demand for premium baby diapers is increasing. The growing customer demand for premium diapers in the country is leading to more companies expanding their offerings.
The busy schedules of working parents, whether they work from home or in an office, is also aiding in the expansion of the South Korea baby diapers market. Good quality baby diapers help working parents in providing care to their babies without taking too much time. Consequently, over the course of the projected period, the market for baby diapers is anticipated to rise rapidly.
South Korea Baby Diapers Industry Definition and Major Segments
A baby diaper is a type of underwear or nappy that is tied around the bottom and between the legs of a baby. The diaper allows babies to urinate or defecate without using a toilet as the diaper absorbs or contains waste products while preventing the soiling of outer clothing or the surroundings.
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Based on age group, the market is segmented into:
- Infant (0-6 Months)
- Babies and Young Toddlers (6-18 Months)
- Toddlers (18-24 Months)
- Children Above 2 Years
On the basis of size, the market is divided into:
- Small and Extra Small (X and XS)
- Medium (M)
- Large (L)
- Extra Large (XL)
Based on product type, the market is bifurcated into:
- Disposable Diapers
- Cloth Diapers
On the basis of distribution channels, the market is categorised into:
- Supermarkets/ Hypermarkets
- Convenience Stores
South Korea Baby Diapers Market Trends
Government organisations in South Korea have also started health awareness initiatives In order to educate young parents about the health and cleanliness of their children, which is propelling the South Korea baby diapers market growth. With increasing public awareness of the harm that disposable diapers cause to the environment, rising demand for cloth diapers and sustainable baby diapers is a key trend in the baby diapers market in South Korea.
Competition among key players is on the rise as a result of ongoing developments in diaper fabric quality, absorption ability, and user-friendly features. Manufacturers have created bio-based disposable diapers in response to growing consumer desire for sustainable hygienic products, which is also projected to increase the market demand. Development of smart diapers, which require fewer changes than traditional baby diapers, are a key trend in the South Korea baby diapers market, appealing to busy parents.
Online distribution channels for baby diapers are witnessing an increase in demand as a result of rising internet usage and the accessibility of the numerous baby care items through online retailers. E-commerce is rapidly developing as a popular distribution channel for baby products, including diapers. Market players are investing in e-commerce websites and mobile shopping applications to boost customer awareness of their brands, further aiding the South Korea baby diapers market.
Key Market Players
The major players in the South Korea baby diapers market report are:
- Kimberly Clark Corporation
- The Procter & Gamble Company
- Unicharm Corporation
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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