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The global diaper rash cream market is estimated to attain USD 2.2 billion, by 2025, and is projected to grow at the CAGR of 6.6% from 2019 to 2025, according to a new report by Million Insights.
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Diaper Rash Cream Market Size Worth $2.2 Billion By 2025 “The global diaper rash cream market is estimated to attain USD 2.2 billion, by 2025, and is projected to grow at the CAGR of 6.6% from 2019 to 2025. The growing focus on hygiene and health of the infants is mainly propelling the market growth. Additionally, the growing skin care problems among toddlers and infants are projected to increase the demand for the product in the next few years.” The global diaper rash cream market is estimated to attain USD 2.2 billion, by 2025, and is projected to grow at the CAGR of 6.6% from 2019 to 2025. The growing focus on hygiene and health of the infants is mainly propelling the market growth. Additionally, the growing skin care problems among toddlers and infants are projected to increase the demand for the product in the next few years. The infant category products are projected to grow at CAGR of around 6.7% over the forecasted period. The growing consumer awareness in India, China, and Vietnam about baby care is expected to boost the market growth. Moreover, the rising demand for chemical-free and organic products is also gaining traction among consumers. For example, in 2016, the Hindustan Unilever introduced a variety of products such as baby wipes, rash creams, lotions soaps, and shampoo. These product innovations are projected to propel the demand for the product. In 2018, Europe has dominated the market with a share of over 31.0% in the overall market. Key companies in the market engage in acquisitions & mergers and new products to increase their sales. The growing demand for organic products is also expected to bolster the product demand. For example, in 2018, the Beiersdorf Inc. has launched skincare creams under thebrand Nivea for babies. These products are enriched with seed oils, almond oil which offers better nourishment to baby skin. All these health benefits are expected to foster the demand for the product in the coming few years. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-diaper-rash-cream-market/request-sample
Further key findings from the report suggest: • Based on the product, organic products are estimated to attribute for over USD 740 million by 2025. • Europe led the market with market share of over 31.5% in the year 2018. • Asia Pacific is estimated to grow at the CAGR of over7.1% over the forecasted period. • Major players in the diaper rash cream marketare Bayer AG; Unilever; Johnson and Johnson; Beiersdorf Inc.; The Honest Company, Sebapharma GmbH; The Himalaya Drug Company and Tubby Todd Inc. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-diaper-rash-cream-market Million Insights has segmented the global diaper rash cream market based on product, end user, distribution channel,and region: Diaper Rash Cream Product Outlook (Revenue, USD Million, 2015 - 2025) • Organic • Conventional Diaper Rash Cream End User Outlook (Revenue, USD Million, 2015 - 2025) • Infant • Adult Diaper Rash Cream Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025) • Offline • Online
Diaper Rash Cream Regional Outlook (Revenue, USD Million, 2015 - 2025) • North America • U.S. • Europe • U.K. • France • Germany • Asia Pacific • China • India • Central & South America • Brazil • Middle East & Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/personal-care-products
Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184