London, 18 February 2015: TechNavio, the independent tech-focused global research firm, has published a report on the Global Baby Wipes Market 2015-2019, which is expected to grow significantly at a CAGR of 5.40 percent during the period 2014-2019.
“Consumers worldwide are switching to eco-friendly and natural personal care products as these products are perceived to be safer not only for the environment, but also for the skin,” says Faisal Ghaus, Vice President of TechNavio.
“Vendors are routinely adding a variety of natural ingredients, such as oatmeal and aloe, to increase the consumer appeal of their products. For instance, Kimberly-Clark launched Huggies Natural Care Wipes, which are eco-friendly baby wipes incorporating plant extracts.”
Key Market Drivers
- Increase in Disposable Income
- Delayed Childbirth
- Change in Lifestyles
- Awareness about Health and Hygiene
Key Market Trends
- Increased Investment in R&D
- Emergence of Private-label Brands
- Increase in Demand from Developing Nations
- Adoption of Innovative Marketing Techniques by Vendors
Key Market Vendors
- Johnson & Johnson Ltd.
- Kimberly-Clark Corp.
- Procter & Gamble Co. (P&G)
- Unicharm Corp.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
