Report : Diaper Packaging Machine Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Operation, Distribution Channel, Output Capacity, and Machine Type
Baby DiaperPackaging Machines to Hold Larger Share of Overall Market during 2020–2027
According to our new market research study on “Diaper Packaging Machine Marketto 2027 – Global Analysis and Forecast – by Operation, Distribution Channel, Output Capacity, and Machine Type,”the market is expected to reach US$ 389.82 millionby 2027 from US$ 328.32 millionin 2019; it is estimated to grow at a CAGR of 1.9% from 2020 to 2027. The report highlights trends prevailing in the global diaper packaging machine market,and the drivers and restraints pertaining to the market growth.
Based on machine type, the diaper packaging machine market is segmented into baby diaper packaging, and adult diaper packaging. The baby diaper packaging segment held a larger share of the market in 2019, and it is expected to continue to be a larger shareholder in the market during the forecast period. Growth of the market for this segment is attributed to the escalatingdemand for baby diapers, increasing birth rates, and rising purchasing power in middle-income countries.
The global diaper packaging machine marketgrowth is mainly attributed to factors such asincreasing childbirth count and geriatric population, and advancements in diapers and diaper packaging machines.However,low diaper demand in price-sensitive marketshinders the market growth.
COESIA S.P.A, CURT G. JOA, INC., Delta SRL Unipersonale, Edson Packaging Machinery Ltd, Fameccanica Data SPA, GDM S.P.A., Optima Packaging Group GmbHWelldone (China) Industry Limited, Qingdao Joinworld Machinery Manufacturing Co., Ltd., andZuiko Corporation areamong the leading companies operating in the diaper packaging machine market.
Report Segments Diaper Packaging Machine Marketas Follows:
By Distribution Channel
By Output Capacity
By Machine Type