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Asia-Pacific Baby Wipes Market Analysis, 2021 research report depicts a deep dive market analysis of statistics of Asia-Pacific Baby Wipes market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.
Market Opportunities
According to MarkNtel Advisors’ research report “Asia-Pacific Baby Wipes Market Analysis, 2021”, the Asia-Pacific Baby Wipes market is anticipated to grow at a CAGR of 14% during 2021-26F. The growth is attributed to rising prevalence of skin infection among babies, robust growth in infant birth rate in the countries such as India and increasing per capita income of women workforce. Besides this, upsurge in the demand for baby care product, introduction of organic and sustainable wipes by the market players along with burgeoning inclination of customer toward eco-friendly and biodegradable baby wipes and snowballing investment to bolster manufacturing capacities are anticipated to promulgate the growth of the market in the forthcoming timeline.
Impact of COVID-19
The COVID-19 pandemic has positively impacted the market growth due to a significant surge in the demand for affordable baby wipes. However, the panic buying behaviour among customer has increase the demand for bulk packaging with a large number of wipes. Besides this, upsurge in the number of childbirths has also been witnessed during this period, especially in India. Thus, this is further projected to escalate the market of baby wipes in the coming years.
Market Segmentation
Hypermarket/Supermarket Exhibits Fastest Growth
Based on Application, Hypermarket/Supermarket is grow at a robust rate in the Asia-Pacific Baby Wipes market in 2019. The easy availability of wide range of product, access to sample giveaways done of the companies and customer can avail various discount in these markets. However, the Online distribution channel robust growth in 2020 on account of COVID-19 outbreak as this shift the customer preference towards online buying due to lockdown imposition. Hence, this is further expected to propel the growth of Asia-Pacific Baby Wipes market in the coming years as revealed by the MarkNtel Advisors’ research report “Asia-Pacific Baby Wipes Market Analysis, 2021”.
Competitive Landscape
According to MarkNtel Advisors’, the key players with a considerable market share in the Asia-Pacific Baby Wipes market include Johnson & Johnson, Babisil Products Ltd., The Himalaya Drug Company, Farlin Corporation, Kimberly-Clark Corporation, Hengan International Group Company Ltd., Procter & Gamble Co., Pigeon Corporation, Unicharm Corporation etc.
Key Questions Answered in the Market Research Report:
Market Outlook, Segmentation and Statistics
Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on Asia-Pacific Baby Wipes Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Asia-Pacific Baby Wipes Market during 2021-26?
A. The growth rate of Asia-Pacific Baby Wipes Market during 2021-26 is forecast to grow at CAGR of 14%.
Q. Who are the key competitors or players operating in Asia-Pacific Baby Wipes Market?
A. Johnson & Johnson, Babisil Products Ltd., The Himalaya Drug Company, Farlin Corporation, Kimberly-Clark Corporation, Hengan International Group Company Ltd., Procter & Gamble Co., Pigeon Corporation, Unicharm Corporation etc., are few of the leading players in the Asia-Pacific Baby Wipes Market.
Q. Which distribution channel would emerge as an opportunity area for players in Asia-Pacific Baby Wipes Market?
A. Online segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which country would emerge as an opportunity area for players in Asia-Pacific Baby Wipes Market?
A. China grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Asia-Pacific Baby Wipes Market.
