The sales of diaper rash cream market is expected to reach US$ 634 million during forthcoming years, likely to surge at a vigorous 6.4% CAGR during the assessment period.
The global diaper rash cream market size approximately US$ 676.6 million market for diaper rash cream is likely to demonstrate strong growth potential during forthcoming years. According to a recent research study of Future Market Insights (FMI), the global sales of diaper rash cream will see a healthy 6.4% increase in 2019, prominently driven by the ‘infants’ segment. More than 3/4th of overall demand for diaper rash cream is accounted by the infant care segment, says FMI in the report.
Household applications account for more than 70% of diaper rash cream sales, followed by sales in hospitals and clinics. However, FMI’s research suggests that the diaper rash cream market in day care centres will rise rapidly in the next years. Following medicine stores and pharmacies as the primary sales channels for diaper rash cream, supermarkets and hypermarkets are gaining traction as well. The combined market value of both sectors is expected to reach more than half of the entire market value in 2019.
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The “Free-from” Trend Is Invading Diaper Rash Cream Market
According to expert pediatric dermatologists, more than half of babies suffer from diaper rash at some point of time. While this remains the key factor underpinning demand for diaper rash cream, the over-the-counter availability also make diaper rash cream an increasingly selling product in the personal care space, particularly in the skin care industry.
Diaper-wearing adults, as well as parents of infants and toddlers, are increasingly gravitating toward diaper rash cream and associated products that include only natural and organic active ingredients. The trend toward free-from synthetic compounds and scents, as well as paraben-free compounds and other safe chemicals, is sweeping the personal care market, boosting sales of organic diaper rash cream. Organic compounds are key constituents in more than 65 percent of total diaper rash cream consumed, according to the FMI analysis.
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Key Manufacturing Players Are Focused on “Low/No Synthetic Ingredients”
It has been observed that some of the key manufactures of diaper rash cream are engaged in developing formulations based on plant-based and herbal sources, which potentially comprise of low or no synthetic ingredients. They will be focused on the entire allergen list, including silicones, parabens, and phthalates among others.
Use of petroleum and zinc oxide as an effective barrier to moisture creation inside diapers will remain one of the key strategies among competitors actively partaking in the diaper rash cream industry’s landscape. However, regulation of the percentage of such compounds to prevent potential adverse effect on skin will be a longstanding concern facing manufacturing companies.
Moreover, clinically and dermatologically tested and certified diaper rash cream products launched by companies, will experience soaring traction in the near future, suggests the report. Top brands in the baby care products landscape are also likely to strategize on brand exposure, aggressive marketing, and increased outreach to multiple sales channels, to beat the intense competition.
The report further highlights that more consumer proclivity for organic, plant-based extracts as key active ingredients will translate into rapid consumption of compounds such as jojoba and other essential oils, and honeysuckle, by R&D units of the companies, manufacturing diaper rash cream and related products.
Currently, the limitation of downstream market is among the most challenging factors hampering diaper rash cream market growth. While companies are capitalizing on the consistently increasing birth rates in developing economies, on the flipside, developed regional markets are highly likely to face a plunge owing to considerably falling rate of births.
Some of the key participants profiled in the global diaper rash cream market report include Bayer AG, Unilever, Chicco USA, Tubby Todd Inc., Beiersdorf Inc., Sebapharma, The Himalaya Drug company, Babo Botanicals LLC, Johnson & Johnson, The Honest Company, Inc., Summer Laboratories, The Natural Baby Company, LLC, Prestige Consumer Healthcare, Inc., Dani Kenney Co., Earth Mama Organics Company, and Weleda Company.
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global Diaper Rash Cream market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
By Ingredient
- Organic
- Conventional
By End User
- Infants
- Adults
By Application
- Household
- Hospitals and Clinics
- Day Care
By Sales Channel
- Hypermarkets/ Supermarkets
- Specialty Retailers
- Multi-brand Stores
- Drug Stores and Pharmacies
- Online Retailers
- Others
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About Future Market Insights, Inc.
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