Research and Markets
announced the addition of the "Global Baby Wipes Market 2015-2019"
report to its offering. The analysts
forecast the Global Baby Wipes market to grow at a CAGR of 5.4% during the period
2014-2019. This report covers the
present scenario and the growth prospects of the Global Baby Wipes market for
the period 2015-2019. To calculate the market size, the report considers
revenue generated through the sales of baby wipes worldwide. One of the major trends emerging in this
market is the increased investment in R&D, which is aimed at enhancing the
biodegradability of the products and their safety for usage. Investment in
R&D aims to enhance safety for usage and cater to the demand for
eco-friendly baby wipes. According to
the report, one of the major drivers in this market is increased disposable
income. There is a low level of volatility in the per capita disposable income
of the people in developed nations. In addition, purchasing power has increased
exponentially in developing countries such as China, India, and Brazil. This
has increased the affordability of baby wipes in these countries. Further, the report states that one of the
major challenges in the market is the declining birth rates in developed
markets. The decline occurred during the Great Recession, when there was high
unemployment, which discouraged people from expanding or starting families. -
See more at:
http://www.nonwovens-industry.com/issues/2015-03-10/view_breaking-news/baby-wipes-to-grow-54-annually-through-2019/#sthash.llvfcqX7.dpuf
