How Will the Global Baby Wipes Market Benefit from Different Distribution Channels The recently published market study by Fact.MR highlights the current trends that are expected to influence the dynamics of the Baby Wipes Market in the upcoming years. The report introspects the supply chain, cost structure, and recent developments pertaining to the Baby Wipes Market in the report and the impact of the COVID-19 on these facets of the market. Further, the micro and macro-economic factors that are likely to impact the growth of the Baby Wipes Market are thoroughly studied in the presented market study. For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=116 Baby wipes continue to be a distinct consumer goods item with immense market potential. In addition, demand for herbal or natural baby wipes products is anticipated to witness a healthy uptick over the next couple of years. Nonetheless, low product stability due to the absence of chemical preservatives remains a major limitation of natural baby wipes. At the same time, most of the baby wipes available in the market are priced quite high, which further dismays the consumer acceptance for such products. The recent report published by Fact.MR reveals that the global baby wipes market is set to exceed a valuation of US$ 6,271 Mn, reflecting a miniscule CAGR over the forecast period (2017-2022). The market remains more volatile in regions with large pools of price-sensitive consumers who usually restrain themselves form purchasing expensive products. For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=116 Manufacturers of baby wiper are concentrating of developing cost-effective and safer products that easily comply with the guidelines set by regulatory bodies. Even in developed regions, companies are finding it difficult to introduce premium products, as consumers are quite content with the cheaper and standard baby wipes varieties. Currently, baby wipes have a low market penetration as most consumers opt for traditional products. Factors as such is impact the adoption rate of baby wipes across developed and developing regions. That is why, companies are actively focusing on advertising, promotion and aggressive marketing of their products. Global Baby Wipes Market: Key Projections
Among regions, Europe is expected to remain the most lucrative market for baby wipes during the assessment period. Europe’s baby wipes market is anticipated to increase at a CAGR of 2.3% between 2017 and 2022.
On the basis of product type, the wet wipes segment is expected to retain its dominant position over 2022. Currently, this segment is commands for around 69% revenue share of the global market.
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By material type, the Cotton Terry Wipes segment is expected to surpass a valuation of US$ 1,976 Mn by the end of 2017. The Cotton terry wipes segment currently accounts for around 36% revenue share of the market. Modern trade is expected to remain the largest distribution channel for baby wipes in 2017 and beyond. This segment is projected to account for the largest revenue share of the market throughout the forecast period. By technology used, spunlace baby wipes and airlaid baby wipes segments collectively account for more than 70% revenue share of the market and the trend is likely to continue over the next five years. Demand for spunlace baby wipes and airlaid baby wipes is expected to surge owing to their high efficiency and affordability.
Competition Tracking The Fact.MR report also mentions key companies operating in the global market for baby wipes, which include Farlin Infant Product Corporation, The Procter and Gamble Company, Svenska Cellulosa Aktiebolaget SCA, Hengan International Group Company Limited., Linette Hellas S.A., The Himalaya Drug Company, Sebapharma GmbH & Co. KG, Torunskie Zaklady Materialow Opatrunkowych S.A., Kimberly Clark Corporation, Johnson & Johnson, Unicharm Corporation, Pigeon Corporation, Cotton Babies, Inc., Artsana S.p.A, and The Clorox Company. Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/06/1996513/0/en/Fact-MRProjects-Global-Sleep-Mask-Sales-to-Grow-at-4-CAGR-over-2019-2029-Wrap-aroundSleep-Masks-Emerging-Lucrative.html About Us: Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner. Contact: US Sales Office: 11140 Rockville Pike Suite 400
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