The global diaper rash cream market size is expected to reach USD 2.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.6% over the forecast period. Increasing focus on health and hygiene of infants is expected to be a key factor boosting the industry growth. Moreover, increasing prevalence of skin related problems in infants and toddlers is expected to promote the industry growth.
Infant
products is expected to register the fastest CAGR of 6.7% from 2019 to 2025
owing to increasing consumer awareness regarding baby health and hygiene in the
developing countries including India, Indonesia, Vietnam, and China. In order to
cater the increasing demand for natural, organic, and chemical free baby care
products, manufacturers are launching new range of products in the region.
For
instance, in October 2016, Hindustan Unilever entered in the Indian baby care
products market by launching various products including diaper rashes cream and
lotion, baby wipes, shampoo, and soaps under the brand name ‘Dove’. These
innovative product launches will ensure the significant growth of the product
over the forecast period.
Europe
held the largest share of 31.5% in 2018. Over the past few years, major players
of the region have adopted marketing strategies including innovative product
launch and mergers and acquisitions in order to cater the increasing demand for
natural, organic, and free from harmful irritants and chemicals baby care
products.
For
instance, in September 2018, Beiersdorf Inc. launched a new innovative
multipurpose cream for the sensitive skin of the babies under the brand name
‘Nivea’. The product can be used for bottom care, face, and body cream.
Moreover, the product is free from mineral oil and contains natural almond and
sunflower seed oil, which provides essential nourishment to the infant skin.
Full Research Report On Diaper Rash Cream Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/diaper-rash-cream-market
Diaper Rash Cream
Market Report Highlights
- By product,
the organic segment is expected to exceed USD 740 million by the end of
2025
- Asia Pacific
is projected to register the fastest CAGR of 7.1% from 2019 to 2025
- Europe
emerged as the largest regional diaper rash creammarket, accounting for
31.5% share of global revenue in 2018
- Key players
include Bayer AG; Johnson & Johnson; Unilever; Beiersdorf Inc.; The
Himalaya Drug Company; Artsana USA, Inc.; Tubby Todd Inc.; Sebapharma GmbH
& Co. KG; The Honest Company, Inc.; and The Natural Baby Company
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Diaper Rash Cream
Market Segmentation
Grand View Research has
segmented the global diaper rash cream market on the basis of product, end
user, distribution channel, and region:
Diaper Rash Cream
Product Outlook (Revenue, USD Million, 2015 - 2025)
- Organic
- Conventional
Diaper Rash Cream
End User Outlook (Revenue, USD Million, 2015 - 2025)
- Infant
- Adult
Diaper Rash Cream
Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
- Offline
- Online
Diaper Rash Cream
Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- U.K.
- France
- Germany
- Asia Pacific
- China
- India
- Central & South America
- Brazil
- Middle East & Africa
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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