Malaysia Diapers Market Size By Disposability, By Product, By Application, By Distribution Channel And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Malaysia Diapers Market Size By Disposability, By Product, By Application, By Distribution Channel And Forecast
Malaysia Diapers Market Size And Forecast
Malaysia Diapers Market size was valued at USD 10.42 Billion in 2024 and is projected to reach USD 22.76 Billion by 2031,growing at a CAGR of 16.91% during the forecasted period 2024 to 2031.
Increasing disposable income of parents and product innovations are some of the factors anticipated to foster market growth during the forecast period. The Malaysia report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Malaysia Diapers Market Definition
A diaper is basically a piece of absorbent cloth or a thicker material that lets you pee or poop without needing to run to the washroom! They're commonly used for babies, or for adults who might have lost some bladder control. Diapers can be made from all sorts of stuff – cotton, hemp, bamboo, even plastic, just to name a few. Back in the day, most diapers were mainly plastic. But now, thanks to some cool innovations, we've got diapers that are way more absorbent and comfy, often made from cotton and similar materials. And in Malaysia, because people have more money to spend, parents are happy to pay extra for diapers that are super comfortable and hygienic.
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Malaysia Diapers Market Overview
Increasing disposable income of parents and product innovations are some of the major factors driving the market. There has been an increase in the employment rate as well as the disposable incomes of the consumers. As a result, most parents are willing to spend more money on premium products for their kids to ensure hygiene and comfort, despite the pandemic affecting steady sources of income. Parents have become increasingly conscious of ensuring hygiene and comfort of their kids, as a result of which, a huge chunk of the population is shifting from reusable diapers to disposable diapers.
Changing lifestyles have made parents much busy and as a result, they prefer disposable diapers as they are convenient to put on and remove and they can be easily disposed. Disposable diapers are much more convenient than cloth diapers as they do not have to sterilized. Moreover, product innovations are expected to drive the market further. More absorbent and comfortable diapers have been developed. In addition, Diaper pants are also a newer innovation and are gaining much traction because they are much more efficient than diaper nappies. These factors are anticipated to proliferate the market.
But hey, it's not all sunshine and rainbows for the market. Things like women choosing to have kids later in life and those pesky plastics in diapers could slow things down. See, more and more women in Malaysia are putting off having babies, focusing on their careers and hitting the books – which means fewer newborns overall. Plus, let's be real, those disposable diapers? The plastics and stuff can irritate a baby's skin, causing rashes, and when you toss them, they just pile up in landfills, leak toxins, and mess with the environment. So, yeah, these factors might act as speed bumps for the market’s growth.
Malaysia Diapers MarketSegmentation Analysis
The Malaysia Diapers Market is segmented based on Disposability, Product, Application, and Distribution Channel.
Malaysia Diapers Market, By Disposability
• Disposable Diapers• Cloth Diapers
Based on Disposability, the market is bifurcated into Disposable Diapers and Cloth Diapers segments. The Disposable Diapers segment is anticipated to be the fastest growing segment. This can be attributed to the growing number of working women in the region. There has been a growing perception that disposable diapers are much more hygienic than cloth diapers as the latter have to clean properly and sterilized before reuse. This makes disposable diapers much more convenient and preferred.
Malaysia Diapers Market, By Product
• Diaper Pants• Diaper Nappies
Based on Product, the market is bifurcated into Diaper Pants and Diaper Nappies segments. The Diaper Pants segment is anticipated to witness significant growth. This can be attributed to the increased popularity of the product among parents. Diaper pants are much easier to put on and remove. In addition, they are much effective for active kids as the taped nappies tend to lose their adhesion when kids start running.
Malaysia Diapers Market, By Application
• Baby Diapers• Adult Diapers
Based on Application, the market is bifurcated into Baby Diapers and Adult Diapers segments. Baby Diapers segment is anticipated to account for the highest market share. This can be attributed to the increasing expenditure by parents on diapers and baby care products to ensure comfort and hygiene. The market for Adult Diapers is also gaining traction.
Based on Distribution Channel, the market is bifurcated into Online Retailing, Hypermarket/Supermarket, Department stores, and Pharmacy Stores & Specialist Stores segments. The Online Retailing segment is anticipated to be the fastest-growing market. This can be attributed to the growing popularity of online stores among busy parents as these stores provide the option of home delivery. Moreover, there are some promotions or discounts available which make the product much more economical than buying them from offline stores.
Key Players
The “Malaysia Diapers Market” study report will provide valuable insight with an emphasis on the Malaysian market. The major players in the market are DSG (M) Sdn Bhd, Vinda Malaysia Sdn Bhd, Unicharm (M) Sdn Bhd, Nibong Tebal Paper Mill Sdn Bhd, Kimberly-Clark (M) Sdn Bhd, Tesco Stores (M) Sdn Bhd, Procter Gamble (M) Sdn Bhd, First Quality, DaddyBaby, and Kao. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
DSG (M) Sdn Bhd, Vinda Malaysia Sdn Bhd, Unicharm (M) Sdn Bhd, Nibong Tebal Paper Mill Sdn Bhd, Kimberly-Clark (M) Sdn Bhd, Tesco Stores (M) Sdn Bhd, Procter Gamble (M) Sdn Bhd, First Quality, DaddyBaby, and Kao.
SEGMENTS COVERED
By Disposability, By Product, By Application, And By Distribution Channel.
CUSTOMIZATION SCOPE
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