Authored By: Sarah
18 Aug 2024

Diaper Rash Cream Market 2024-2028: Size and Decline in birth rates in developed economies; growth driven by the Distribution Channel, Some of key Companies Positioned Strategically

The diaper rash cream market size by Distribution Channel (Offline and Online) and Geography (APAC, Europe, North America, Middle East and Africa, and South America), is forecast to increase by USD 322.1 million. The market is expected to grow at a CAGR of   4.5% between 2024 and 2028.

  • The global fertility rate has experienced a significant decrease, down by 30% from March 2020 to March 2021, according to the Centers for Disease Control and Prevention (CDC), marking the lowest rate in the last 30 years. This trend is not limited to developed countries, as low birth rates have also been reported in various regions. One contributing factor is the perception that women with children face limited job opportunities or are denied career advancement. As women continue to gain social and economic independence in both developed and developing countries, the delay or de-prioritization of childbirth is becoming a pressing concern.
  • The Diaper Rash Cream market represents a significant business opportunity in the baby care sector. With the increasing birth rate and rising awareness about infant skin health, demand for diaper rash creams is on the rise. Key players in this market focus on product innovation, pricing strategies, and distribution networks to gain a competitive edge. Market growth is driven by factors such as product effectiveness, affordability, and consumer trust. Companies invest in research and development to introduce advanced formulations that address the root causes of diaper rash, ensuring customer satisfaction and repeat business.

Access the full report to know who are the other key countries segment-wise forecast and historic data

 

Some of the Key Companies:

  • Artsana Spa
  • Bayer AG
  • Beiersdorf AG
  • Earth Mama Angel Baby LLC
  • Galderma SA
  • Johnson and Johnson Services Inc.
  • Laboratoires Expanscience
  • MainPointe Pharmaceuticals LLC.
  • Moberg Pharma AB
  • Prestige Consumer Healthcare Inc.
  • S.C. Johnson and Son Inc.
  • Sanofi SA
  • Sebapharma GmbH and Co. KG
  • Teva Pharmaceutical Industries Ltd.
  • The Clorox Co.
  • The Himalaya Drug Co.
  • Unilever PLC
  • W.S. Badger Co.
  • Weleda Group

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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