Will the Diaper Packaging Market Shine or be Spoiled? - FMI
Takes a Swipe. Popularity of eco-friendly materials and the
development of fast packaging machines are two of the significant
trends.
NEWARK, Del., May 9, 2024
/PRNewswire/ -- The diaper packaging market is estimated to be
worth USD 3,443.8 million in
2024. Diaper packaging is receiving more attention from packaging
companies as the number of children that come into the world
multiplies at a rapid rate. The number of adults resorting to
diapers, as the stigma around it is lifted, also helps the diaper
packaging market lunge forward.
Through the year 2034, diaper packaging demand is set to
progress at a CAGR of 5%. The use of eco-friendly material
in the packaging of diapers is set to offer a multitude of
opportunities to manufacturers. As diapers themselves get more
eco-friendly, the packaging for them too is transforming. Thus, the
use of materials like paperboard is climbing in diaper
packaging.
By 2034, the market value is forecasted to reach USD
5,630.9 million. The diaper packaging sector is set to
benefit from streamlining production processes. The advent of
automatic packaging machines, shortening production times, is set
to add considerable value to the market.
Request a sample report!
https://www.futuremarketinsights.com/reports/sample/rep-gb-19587
The market, however, is not without its foul tidings. While
sustainable packaging is becoming more prominent, the continued use
of non-recyclable plastic is earning the market detractors. The
ability of diapers to lead to rashes and infections is also leading
to hesitancy on the part of consumers, which negatively affects the
market.
"Despite some significant setbacks, the diaper packaging
market is set to advance at a normal rate over the ensuing decade.
The rising popularity of sustainable material as well as fancy
design on packaging is expected to lead to significant growth
opportunities," Says a Lead Consultant Ismail Sutaria in Packaging at Future Market
Insights (FMI).
Key Takeaways from the Diaper Packaging Market
- The diaper packaging market is anticipated to be USD 3,443.8 million in value in 2024.
- Multipacks are the predominant type of product in the market.
In 2024, multipacks are penned in to have a market share of
29%.
- The packaging is primarily applied for children's diapers. In
2024 children diapers' application is slotted in to have a market
share of 45%.
- South Korea is a promising
country for the market. The CAGR for South Korea over the forecast period is
projected to be 5.4%.
- India is a country poised to
be lucrative for the market. For the 2024 to 2034 period, the CAGR
for India is pegged at 5.3%.
- The market is expected to register a CAGR of 4.6% in the
United Kingdom over the forecast
period.
Request Customization of Report!
https://www.futuremarketinsights.com/customization-available/rep-gb-19587
Competition Analysis of the Diaper Packaging Market
The diaper packaging market sees a few dominant forces battle
for the high ground. However, that does not mean companies of a
smaller scale do not have scope to grow. Sustainable packaging is
set to be a defining point of the market in the years to come. Some
of the prominent companies in the market include Faber Castell, Kokuyo Camlin, 3M, and Rifle Paper Co.
Leading Diaper Packaging Brands
- Amerplast Ltd.
- Kimberly Clark
- Berry Global
- Huhtamäki Oyj
- Napco National
- Amcor Plc
- Mondi Group
- Borealis AG
Recent Developments in the Diaper Packaging Market
- In June 2023, Hong Kong-based company Charlie Banana's new diaper designs were
launched with recyclable packaging.
- In June 2023, Dyper launched a
new diaper with recyclable packaging for both single and
multipacks.
Country-wise Insights:
Countries
|
CAGR 2024 to
2034
|
India
|
5.3 %
|
Japan
|
5.2 %
|
United
States
|
4.9 %
|
South
Korea
|
5.4 %
|
United
Kingdom
|
4.6 %
|
Get in Touch with Our Sales Team to Secure Your Copy of the Report
Now!
https://www.futuremarketinsights.com/checkout/19587
Key Segments of Market Report
By Application:
Based on application, the diaper packaging market can be
bifurcated into children diapers and adult diapers.
By Type:
Based on type, the diaper packaging market is divided into
multipacks and single pack.
By Packaging Type:
Based on packaging type, the diaper packaging market is
categorized into shrink wrap packaging, plastic clamshell
packaging, and box packaging.
By Region:
The sector has been analyzed in North
America, Latin America,
Europe, South Asia, East
Asia, Oceania, and the Middle
East and Africa.
About the Packaging Division at Future Market
Insights
The packaging team at Future Market Insights offers expert
analysis, time efficient research, and strategic recommendations
with the objective to provide authentic insights and accurate
results to help clients worldwide. With a repertoire of over 100+
reports and 1 million+ data points, the team has been analyzing the
market lucidly in 50+ countries for over a decade. The team
provides a brief analysis on key trends including competitive
landscape, profit margin, and research development efforts.
Authored by:
Ismail Sutaria (Lead
Consultant, Packaging and Materials) has over 8 years of experience
in market research and consulting in the packaging & materials
industry. Ismail's strength lies in identifying key challenges
faced by the client and offering logical and actionable insights to
equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational
consulting assignments. His key skills include competitive
benchmarking, opportunity assessment, macroeconomic analysis, and
business transformation advisory. Ismail is an MBA holder in
Marketing and has a Bachelor's Degree in Mathematics.
Have a Look at Related Research Reports on Packaging
Domain:
The global diaper packaging machines market size is expected to
reach US$ 418 million in 2032. The
diaper packaging machines market is projected to expand at a rapid
pace, and the demand for diaper packaging machines is likely to
spike during the forecast period, owing to the rising population
and demand for advanced technologies.
The global plastic molded inserts market presents significant
prospects for industry stakeholders, with substantial growth
anticipated in the coming years. Projections suggest that the
market is positioned to achieve a valuation of USD 366.9 million by 2024, with further expansion
expected to drive its value to USD 559.1
million by 2034.
The gable box market, by the end of 2034, is slated to generate
an overall value of USD 15,975.8
million. This development is attributed to the growing
demand from the global food and beverage industry and the shift in
consumer preference toward take-outs.
Sales of plastic jerry cans in Malaysia are estimated to be valued at
USD 252.7 million in 2024 and are
anticipated to reach USD 347.3
million by 2034. Revenue in Malaysia is projected to rise at a CAGR of
3.2% through 2034.
The dunnage tray market is expected to experience significant
growth, with sales projected to increase from USD 2 billion in 2024 to USD 2.9 billion by 2034. This growth is
forecasted to occur at a CAGR of 3.6%. Several manufacturing
industries have actively contributed to the market's growth in
recent years.
The flow pack machine market size is reported to reach a
valuation of USD 5.3 billion by 2034.
Expansion is estimated at a 2.5% CAGR between 2024 and 2034. This
industry is currently valued at USD 4.2
billion in 2024.
The global glass container market size is estimated to be around
USD 63.8 billion in 2024 and is
anticipated to reach a value of USD 89.3
billion by 2034. Sales are projected to rise at a CAGR of
3.4% over the forecast period.
The gusseted bag market valuation is US$
4.4 billion in 2024. Growing sustainability trends have
created huge growth in the packaging sector, ensuring prominence in
the coming years, with an estimated value of US$ 6.1 billion by 2034.
The global continuous motion cartoner market is estimated to
reach US$ 3,581.5 million by 2024.
Industry 4.0 could enable continuous motion cartoners to interact
with other production-line equipment and systems, allowing them to
integrate with Industry 4.0.
The dairy container market size is likely to reach a valuation
of US$ 38.4 billion by 2034, as
sustainability makes headway. With on-the-go consumption getting
more evident, the demand surge is estimated at a 3.3% CAGR until
2034.
The global drum filling machine market is poised for remarkable
growth in the near future, with immense opportunities on the
horizon. Projections indicate that the market will reach a value of
US$ 553.0 million by 2024, with
further substantial growth anticipated to elevate it to
US$ 728.9 million by 2034.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the
Stevie Award, and a member of the Greater
New York Chamber of Commerce) offers profound insights into
the driving factors that are boosting demand in the market. FMI
stands as the leading global provider of market intelligence,
advisory services, consulting, and events for the Packaging, Food
and Beverage, Consumer, Technology, Healthcare, Industrial, and
Chemicals markets. With a vast team of over 400 analysts worldwide,
FMI provides global, regional, and local expertise on diverse
domains and industry trends across more than 110 countries.
Contact Us:
Nandini Singh
Sawlani
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware -
19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn | Twitter | Blogs | YouTube
Logo:
https://mma.prnewswire.com/media/1197648/3531122/FMI_Logo.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/diaper-packaging-market-innovation-driven-by-rising-consumer-concerns-and-sustainable-materials-reach-at-a-usd-5-630-9-million-by-2034--fmi-302141233.html