Diaper Packaging Machine Market with Applications, Industry Size, Share and Demand till 2027
The Diaper Packaging Machine Market sample report includes an exclusive analysis of COVID-19 pandemic on the market space under scrutiny. The sample represents the format of the overall study which is designed to provide clarity on the structure of the report and some data points demonstrated in an attempt to provide insights into the study quality.
According to our new market research study on “Diaper Packaging Machine Marketto 2027 – Global Analysis and Forecast – by Operation, Distribution Channel, Output Capacity, and Machine Type,”the market is expected to reach US$ 389.82 millionby 2027 from US$ 328.32 millionin 2019; it is estimated to grow at a CAGR of 1.9% from 2020 to 2027. The report highlights trends prevailing in the global diaper packaging machine market,and the drivers and restraints pertaining to the market growth.
The List of Companies – Diaper Packaging Machine Market
- COESIA S.P.A
- CURT G. JOA, INC.
- Delta SRL Unipersonale
- Edson Packaging Machinery Ltd
- Fameccanica Data SPA
- GDM S.P.A.
- Optima Packaging Group Gmbh
- Welldone (China) Industry Limited
- Qingdao Joinworld Machinery Manufacturing Co., Ltd.
- Zuiko Corporation
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Increasing Childbirth Count and Geriatric Population
As per the World Health Organization (WHO), ~140 million women give birth every year. With rising birth count, India and China are projected to dominate the demand for diapers, which would provide growth impetus to the diaper packaging market in the coming years. According to the PRC National Bureau of Statistics report, in 2019, China reported the total birth count of ~14.65 million. Asia Pacific accounts for the significant share of the global baby diaper sales due to the increasing number of employed women and disposable income.
Apart from this, growing acceptance of adult diapers due to the rising prevalence of bladder-related health issues among aging population would boost the adoption of the adult diapers during the forecast period. As per the WHO, by 2050, the world population with aged ≥60 is expected to reach 2 billion, and low- and middle-income countries would account for ~80% of the world’s elderly population. Japan’s 30% of the population is already over 60 years old. The geriatric population facing bladder leakage issues due to weakening of the bladder and pelvic muscles needs adult diapers for maintaining proper hygiene and elderly care. Further, wider distribution networks and easy availability of numerous brands have increased diapers’ adoption globally. Thus, the increase in demand for diapers is accelerating the growth of the diaper packaging machine market.
Baby DiaperPackaging Machines to Hold Larger Share of Overall Market during 2020–2027
Based on machine type, the diaper packaging machine market is segmented into baby diaper packaging, and adult diaper packaging. The baby diaper packaging segment held a larger share of the market in 2019, and it is expected to continue to be a larger shareholder in the market during the forecast period. Growth of the market for this segment is attributed to the escalatingdemand for baby diapers, increasing birth rates, and rising purchasing power in middle-income countries.
The global diaper packaging machine marketgrowth is mainly attributed to factors such asincreasing childbirth count and geriatric population, and advancements in diapers and diaper packaging machines.However,low diaper demand in price-sensitive marketshinders the market growth.
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Report Segments Diaper Packaging Machine Marketas Follows:
- Fully Automatic
By Distribution Channel
- Direct Sales
- Indirect Sales
By Output Capacity
- Less than 500 Units per Minute
- Between 500 to 1000 Units per Minute
- Above 1000 Units per Minute
By Machine Type
- Baby Diaper Packaging
- Adult Diaper Packaging
- North America
- Asia Pacific (APAC)
- South Korea
- Middle East and Africa (MEA)
- Saudi Arabia
- South Africa
- South and Central America (SCAM)
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