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Global baby diaper market to reach $60 billion by 2031: FactMR

  

As per a market research and competitive intelligence providerFactMR, the global baby disposable diaper market is anticipated to reach over$60 billion by 2031, progressing at a CAGR of 4 per cent over the period.

The market for super-absorbent baby disposable diapers expected to reach around $15 billion valuation by 2031. Ultra-absorbent baby disposable diapers projected to record above 2 per cent CAGR over next 10 years. The European market is expected to hold over 40 per cent share. Market in South Korea is expected to reach valuation of $7 billion by 2031.Market in Japan is expected to record 1.8 per cent CAGR over forecast period of 2021- 2031.

Diaper manufacturers are focusing on producing baby disposable diapers that are less harmful to the environment. Market participants are attempting to achieve this through various sales and marketing strategies, as well as mergers and collaborations with other players in the industry.

 
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