Diaper Rash Cream Market Analysis, Size, Growth, Share, Trend, Outlook & Forecast to 2025
The global diaper rash cream market size is expected to reach USD 2.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.6% over the forecast period. Increasing focus on health and hygiene of infants is expected to be a key factor boosting the industry growth. Moreover, increasing prevalence of skin related problems in infants and toddlers is expected to promote the industry growth. Infant products is expected to register the fastest CAGR of 6.7% from 2019 to 2025 owing to increasing consumer awareness regarding baby health and hygiene in the developing countries including India, Indonesia, Vietnam, and China. In order to cater the increasing demand for natural, organic, and chemical free baby care products, manufacturers are launching new range of products in the region. For instance, in October 2016, Hindustan Unilever entered in the Indian baby care products market by launching various products including diaper rashes cream and lotion, baby wipes, shampoo, and soaps under the brand name ‘Dove’. These innovative product launches will ensure the significant growth of the product over the forecast period. Browse Details of Market Report @ https://www.grandviewresearch.com/industryanalysis/diaper-rash-cream-market
For instance, in September 2018, Beiersdorf Inc. launched a new innovative multipurpose cream for the sensitive skin of the babies under the brand name ‘Nivea’. The product can be