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Latin America Biodegradable Diapers Market to Grow at a CAGR of 6.1% During 2021-2026, Aided by the Growing Demand for Eco-Friendly Products

According to a new report by EMR titled, ‘Latin America Biodegradable Diapers Market Report and Forecast 2021-2026’, the market attained a value of nearly USD 447.1 million in 2020. The Latin America biodegradable diapers Industry is further expected to grow at a CAGR of 6.1% between 2021 and 2026 to reach nearly USD 644.1 million by 2026.

The biodegradable diapers market in Latin America is driven by the growing awareness about the benefits of the product, such as softness, lightness, and breathability of the material, among  new parents. The biodegradable diapers are made from natural ingredients, are skin-friendly, and keep the baby’s skin relatively moisturised compared to the traditional ones. Over the forecast period, the growing concerns pertaining to the environmental degradation are likely to propel the sales of the product in the region.

In January 2021, The Honest Company (NASDAQ: HNST) announced the launch of a new line of clean conscious diapers, which are made with plant-based materials and 100% recyclable boxes. The diapers are designed with a new technology that provides better absorbing capacity with the utilisation of much less material in the diaper production. These diapers are safe for environment and are biodegradable in nature and also come with quick absorb channels to help control the leaks.

In terms of region, Brazil occupies the largest share in the market in Latin America and is likely to maintain its lead in the forecast period as well. The market in the region can be attributed to the growing eco-consciousness among the middle-class population, along with the stringent government policies against environmental degradation. The growing awareness about the harmful and toxic chemicals present in the single-use, non-biodegradable diapers is likely to provide impetus to the sales of biodegradable diapers.

Market Breakup by Raw Material, End Use, Distribution Channel, and Region:

  • The market is segmented based on raw material into cotton/wood pulp, bamboo, and starch, among others.
  • The significant end uses of the product include baby and adult.
  • Based on distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, pharmacies, and online, among others.
  • Region-wise, the Latin America biodegradable diapers industry can be divided into Brazil, Mexico, Argentina, and Chile, among others. 

Key Findings of the Report:

  • The biodegradable diapers market in Latin America is being driven by the growing demand for baby care products among the new parents.
  • Due to the skin-friendly properties and the use of natural ingredients in the manufacturing of biodegradable diapers, the product is anticipated to witness a significant demand in the forecast period.
  • The market is further expected to be aided by the growing eco-consciousness among the middle-class population, especially in regions like Brazil.

Key Offerings of the Report:

  • The EMR report gives an overview of the biodegradable diapers market in Latin America for the periods (2016-2020) and (2021-2026). 
  • The report also offers historical (2016-2020) and forecast (2021-2026) market information for the    raw materials, end uses, distribution channels, and major regions of biodegradable diapers in Latin America.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the Latin America biodegradable diapers market are Kimberly-Clark Corporation, Hansen Kids LLC, ABENA Group, M K Health Care Products Ltd, Attitude, The Honest Company, DYPER Inc., and Ontex BV, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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