The global baby swim pants diaper market is influenced by several factors which fuel the growth of the market. The swim pants or swim diapers or swim pant diapers are specially designed and to be used in ocean or in the pool to ensure the safety of baby and its bum is covered and contained. Several aspects such as baby swim pants diapers prevent the occurrence of bathroom accidents in the pool, baby swim pants diapers reduce the spread of fecal bacterial contamination significantly and they prevent the waste from spreading bacteria. Moreover, these swim pant diapers do not swell as normal diapers do during pool time, they are easy to use, they are available in different sizes, add good appeal by inducing cuteness in the appearance, provide safety to the baby as well as human beings surrounding the pool from bacteria and are reusable and disposable. These factors drive the global baby swim pants diaper market. According to market observers, Asia-Pacific excluding Japan is poised to dominate the global baby swim pants diaper market.
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4 Forecast Highlights on Global Baby Swim Pants Diaper Market
1) The HM/SM segment by sales channel shows a higher market share by revenue and a moderate growth rate during the forecasted period 2017 to 2022. However, the online segment is poised to reflect a higher CAGR of 3% during 2017-2022, and a rise in the BPS, but has a low market revenue share
2) The 18-48 months segment is expected to grow at a higher rate, as compared to the 0-6 months and 6-18 months segments. The 6-18 months segment show loss in the BPS and a low market share than 18-48 months segment. The 18-48 months segment is the fastest growing segment to reach a CAGR of 2.9% during the forecasted period
3) The research report’s regional analysis reflects that APEJ (Asia-Pacific excluding Japan) is the most lucrative region for the global baby swim pants diaper market. It has a high market attractiveness quotient, and possess all favorable aspects which drive the adoption of the baby swim pants thereby reflecting a higher growth rate followed by Europe, North America and Japan, thereby reflecting a CAGR of 2.7% during the forecasted period of 2017 to 2022. The prevalence of high disposable income and huge population number are the main factors impacting the growth of the baby swim pants diaper market in the APEJ region in a positive manner
4) The super-absorbent segment by product type is expected to grow at moderate rate, but higher than the ultra-absorbent segment during the period of forecast. According to the research report, it is expected of this segment to gain a higher market share by revenue and the number would reach US$ 5,706.4 Mn and the percentage share in the market would increase even further as compared to the market share in 2017
Super-Absorbent Segment Surpasses the Ultra-Absorbent Segment
The global baby swim pants diaper market involves segmentation by product type, in which the super-absorbent segment is expected to show higher growth rate than the ultra-absorbent segment. The super-absorbent segment surpasses the ultra-absorbent segment in every aspect including the market share by revenue as well as annual growth rate in 2017 and is poised to show the same trend through the entire forecasted period, 2017 to 2022. It is anticipated that the super-absorbent segment by product type will reflect a market share by revenue of almost 65% and will grow at a steady CAGR throughout the forecasted period.
18-48 Months Segment to Grow at Moderate Rate
The 0-6 months segment by age group is supposed to grow at a very slow rate, impacting the global baby swim pants diaper market. However, the 18-48 months segment shows promising rate growing at moderate CAGR though the forecasted period 2017 to 2022. There is a big chance that this segment will reflect a higher market revenue share of 51.7% by the end of 2017 and is expected to gain a higher BPS by the end of 2022. The 6-18 months segment remains in between these two segments as far as growth is concerned. However, it shows a higher market revenue share than the 0-6 months segment and is poised to grow at a steady pace.
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HM/SM Segment Anticipated to Register Higher Market Share
The HM/SM segment by sales channel is expected to grow at a moderate CAGR and account for a higher market share by revenue of 47.7% and gain additional BPS by the end of 2022. The online segment is anticipated to reflect the highest growth rate among other segments, but has a lower market share as it is still in its nascent stage. The drug store segment shows sluggish growth rate in the forecasted period and a higher loss in BPS followed by the others segment. The convenience store segment shows a steady yet unstable growth rate throughout the forecasted period.
Competition Tracking
The research report also profiles companies that are expected to remain active in the expansion of global baby swim pants diaper market through 2022, which includes Kao Corporation, Kimberly Clark Corporation, Ontex Group NV, The Procter and Gamble Company, Domtar Corporation, The Hain celestial Group Inc., Johnson &Johnson, Unicharm Corporation and First Quality Enterprises, Inc.
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