Here is why Diaper Bag Market Makes an Impact on day-to-day Life
The convenience of the diaper bag market is due to the number of pockets and apertures that allow the user to store all baby-related things and the ability to carry the bag when travelling or on a daily basis. Some diaper bags have strong handles and wheels so that the user may carry it around or travel with it, allowing the individual to hold the baby more firmly, accomplish more mundane chores like paying bills, opening doors, and so on, while also lowering the risk of back pain. Diaper bags come in a variety of forms, including backpacks, messenger bags, conventional bags, satchel bags, clutch purses, hobo bags, and totes. The majority of these diaper packs come with a padded changing mat.
Diaper Bag |
A diaper bag, also known as a nappy bag, is a storage bag having numerous pocket spaces large enough to contain all of the necessities for caring for a baby. Diaper bags are usually tiny enough to fit on or under a baby carriage or stroller, and they can even be worn as a backpack. The global Diaper Bag market was worth US$ 600 million in 2017 and is expected to grow to US$ 850 million by 2025, with a CAGR of roughly 6.2 percent (2018-2025). The amount of pockets and apertures in diaper bags allow the user to keep all baby-related materials organised, which is a primary driver for market expansion.
The North American diaper bag market was worth US$ 134 million in 2015, and is predicted to grow to US$ 150 million by 2025. This is owing to the convenience of using diaper bags, as well as the rising number of children in the North American region. The birth rate in the United States has risen to 12.4 per 1,000 people, according to the National Center for Health Statistics. As a result, North America is likely to hold the highest share of the global diaper bag market, and this dominance is expected to continue over the forecast period. During the forecast period, Africa is expected to have a strong growth rate and a large share contribution in the diaper bag market.
Get more Insights here- https://bit.ly/3HW2IjY
The travel usage segment is likely to lead the worldwide diaper bag market in terms of application, and this dominance is expected to continue over the forecast period. This is attributable to an increase in global travel activity. According to the EU, Germany spent the most money on international travel in 2016, with US$ 89.19 billion, followed by the United Kingdom with US$ 72.24 billion and France with US$ 45.15 billion.
Comments
Post a Comment