Inclination in the personal disposable income, increased life expectancy, increased acceptance of adult diapers and more focus on health and hygiene are key factors responsible for escalation in the demand for adult diapers in Thailand. |
Thailand’s population is growing and simultaneously the proportion of aging population is also witnessing an incline. Coupled with higher standard of living, this is resulting in increased demand for adult diapers. Adult diapers sale has showcased an increasing trend in Thailand’s economy by growing at a CAGR of 11.4% from 2008-2013 and is further expected to grow at a growth rate of 12.2% from 2013-2018.
The volume sales growth rate for adult diapers in Thailand has surpassed value sales growth of diapers in Thailand for the period 2008-2013, thus showing a year on year decrease in the unit price of the diapers over the years due to rising competition among the leading brands such as DSG Thailand, Fuburg, Unicharm and others in the market. Baby disposable pants segment of the diapers has been witnessing rapid growth in Thailand over the years. Ease of wearing and disposal along with the greater comfort and convenience make pull up pant diapers popular among the parents in Thailand. Pants diaper segment of the market is expected to witness stupendous CAGR of 14.1% for the period 2013-2018.
According to research report, “Thailand Diaper Industry Outlook to 2018 - Pull up Pant Diapers to Propel the Future Growth” by Ken Research, “Adult diapers market has witnessed positive growth in the last 5 years and is further expected to show increasing trend in the coming few years. Adult diaper segment has historically grown at a higher rate than baby diaper market and will continue to be higher in the future years as well. Factors attributing to the growth of adult diapers in near future will be increased life expectancy, increased acceptance of adult diapers and more focus on health and hygiene by the people in Thailand”.
The report provides detailed overview on the diapers market in Thailand and helps reader to identify the ongoing trends in the key segments of the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will aid industry consultants and analysts, baby and adult diaper companies and the entire diaper supply chain stakeholders to align their market centric strategies according to ongoing and expected trends in future.
Read more- http://www.kenresearch.com/consumer-products-and-retail/specialty-retail-products/thailand-diaper-market-research-report/523-95.html
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