The Asia-Pacific Baby Wipes Market is projected to grow at a CAGR of 14% in the forecast period of 2022-27, cites MarkNtel Advisors in their recent research report. The market growth attributes to the swift improvement in the economic conditions of the people & their focus on buying high-quality products for infants, demonstrating a rise in the demand for baby wipes to maintain hygiene.
In addition, the rapidly growing population of babies across different countries in Asia-Pacific is also a prominent aspect stimulating the demand for baby products and showcasing an upsurge in the need for baby wipes. It, in turn, is generating growth opportunities for the key players to widen their production & distribution capacities & cater to the burgeoning requirements of baby wipes throughout the region.
Moreover, a swift elevation in the number of baby care centers & healthcare facilities is also upsurging the need for baby wipes & contributing to the overall market expansion through 2027, further states the research report, “Asia-Pacific Baby Wipes Market Analysis, 2022.”
Widespread Establishment of Hypermarkets/Supermarkets to Drive the Baby Wipe Market
Based on the Distribution Channel, the Hypermarket/Supermarket is projected to acquire a significant share of the Asia-Pacific Baby Wipes Market and generate lucrative opportunities for the leading players during 2022-27. This growth attributes to the local establishment of these stores, becoming the primary place for shopping by consumers.
In addition, the easy availability of an extensive range of products entwined with the convenience of choosing baby wipes from diverse brands is significantly catalyzing the sales of baby wipes & positively influencing the overall market growth. Besides, strategic marketing & advertisements by companies entwined with exciting offers, discounts, & bulk purchase deals, among others, are the other aspects attracting a substantial consumer base toward hypermarkets/supermarkets. The same aspect is further driving the market through 2027.
High Birth Rates in China & India Shaping the Baby Wipes Industry through 2027
On the geographical front, China & India are anticipated to make substantial contributions to the Asia-Pacific Baby Wipes Market and present lucrative opportunities for the players during 2022-27. It owes principally to the high birth rates in the region, improving economic conditions of the people, and easy availability & awareness of baby wipes, across different channels, stimulating the industry.
Besides, a swift rise in the working female population and a rise in the emergence of baby care facilities are also augmenting the demand for baby wipes for hygiene and convenience. It, in turn, is catalyzing its demand and generating growth opportunities for the leading players to increase their production & distribution capacities and cater to the burgeoning needs across China & India through 2027.
The leading players in the Asia-Pacific Baby Wipes Market are Johnson & Johnson, Babisil Products Ltd., The Himalaya Drug Company, Farlin Corporation, Kimberly-Clark Corporation, Hengan International Group Company Ltd., Procter & Gamble Co., Pigeon Corporation, and Unicharm Corporation.
Key Questions Answered in the Research Report