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.
Contact Person- Ankur Gupta
Contact Email Id- ankur@kenresearch.com
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