Latin America Biodegradable Diapers Market To Be Driven By Increasing Adoption Of Eco-Friendly Diapers In The Forecast Period Of 2023-2028
The new report by Expert Market Research titled, ‘Latin America Biodegradable Diapers Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the regional biodegradable diapers market, assessing the market based on its segments like raw material, end-use, distribution channel, and major countries.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2020): USD 447.1 Million
- Forecast CAGR (2023-2028): 6.1%
- Forecast Market Size (2026): USD 644.1 Million
The market for biodegradable diapers in the Latin American region has been growing at a healthy pace, owing to several favourable factors, such as government regulations and laws, growing adoption of biodegradable diapers, and increasing penetration of online shopping. Innovations such as nanotechnology for manufacturing of biodegradable diapers to also upthrust the market.
The market is marked by presence of several brands in the region, which includes Eco Boom, Naty Baby, Bamboo Nature, and Attitude. Also, brands, such as Dyper are attracting parents by focusing on environmental benefits of using biodegradable diapers. Another brand, Biobaby® claims itself as the only diaper brand in the region that offers excellent quality diapers with 12 hours of absorption.
Latin America Biodegradable Diapers Industry Definition and Major Segments
A diaper is a piece of towelling or other absorbent material that is wrapped and folded up between the baby’s legs to allow easy urination or defecation without the use of toilet. Biodegradable diapers are made from renewable resources such as, cotton, corn and wheat by-products and are free from chlorine, tributyltin, dyes, and latex.
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Depending on the raw materials used for manufacturing biodegradable diapers, the market has been segmented into:
- Cotton/Wood Pulp
- Bamboo
- Starch
- Others
Based on end user type, the market has been bifurcated as:
- Baby
- Adult
Further, the market has also been segmented depending on the type of distribution channel as:
- Supermarkets and Hypermarkets
- Convenience Stores
- Pharmacies
- Online
- Others
The Expert Market Research report provides country analysis of the Latin America biodegradable diapers market for Brazil, Mexico, Argentina, and Chile, among others.
Latin America Biodegradable Diapers Market Trends
With the approval of national recycling laws in the Latin American countries like Peru, Brazil, Colombia, and Chile, greater number of parents are becoming aware about sustainably raising their child. Also, with new government laws, people are becoming more serious about sustainable packing which excellently compliments biodegradable diapers. For instance, in Colombia, the use of plastic bags has reduced by 27% since the introduction of plastic bag tax.
Also, market players are involving themselves to create diapers in the most sustainable manner and are inculcating sustainability at every step. For instance, Bambo Nature has planned to launch compostable paper bag for its biodegradable diapers in the coming period of 2021.
Key Market Players
The major players in the market are Kimberly-Clark Corporation, Hansen Kids LLC, ABENA Group, M K Health Care Products Ltd, Attitude, The Honest Company, DYPER Inc, Ontex BV and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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