The global baby wipes market size was USD 5.54 billion in 2019 and is projected to grow from USD 5.31 billion in 2020 to USD 8.50 billion in 2032 at a CAGR of 4.0% in the forecast period. The sudden rise in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over.

Stockpiling of Consumer Goods Due to COVID-19 to Favor Market Growth

Uncertainty over the future effects of the global pandemic has triggered fear amongst the consumers that are stockpiling essential goods across the globe. Owing to phases of lockdown, people want to ensure adequate supplies to avoid stepping out of the homes. This has led to a major spike in revenue of the consumer goods that include baby care products. This is likely to boost the adoption of baby wipes in the near future.

Baby wipes are sanitary products majorly adopted to cleanse the sensitive skin of infants. Owing to the growing demand for safe and sustainable baby products, leading manufacturers are focusing on developing eco-friendly products with sustainable formulations that suit the sensitive skin of the baby.

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List of the Companies Profiled in the Global Market for Baby Wipes:

• Procter & Gamble Co. (Ohio, U.S.)
• Johnson & Johnson (New Jersey, U.S.)
• Kimberly Clark Corporation (Texas, U.S.)
• Pigeon Corporation (Tokyo, Japan)
• Hengan International Group Company Limited (Quanzhou, China)
• Unicharm Corporation (Tokyo, Japan)
• CPMC Holdings Ltd. (Santiago, Chile)
• Nice-Pak International Limited (New York, U.S.)
• Beiersdorf AG (Hamburg, Germany)
• ALBAAD (Masu’ot Itzhak, Israel)

What does the Report Provide?

The market report provides an in-depth analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to announce partnerships, introduce new products, and collaboration that will further contribute to the growth of the market. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth between 2020 and 2027.

DRIVING FACTORS

Increasing Prevalence of Baby Skin Infections to Accelerate Market Growth