Global Diaper Market Projected to Reach USD 63.2 Billion by 2017: Transparency Market Research

Global Diaper Market Projected to Reach USD 63.2 Billion by 2017: Transparency Market Research PR Newswire ALBANY, New York, September 4, 2012 ALBANY, New York, September 4, 2012 /PRNewswire/ -- A recently published market report by Transparency Market Research (http://www.transparencymarketresearch.com) on "Diaper Market - Global Scenarios, Trends, Industry Analysis, Size, Share and Forecast, 2011 - 2017," shows that the global diaper market is estimated to reach a market size worth USD 63.2 billion by the year 2017. The global market is dominated by Europe, which holds 33.3% market share, followed by North America holding 22.5% of the market share. However, with faster growth rate shown by emerging economies, North America is expected to lose its leading position in the near future and will be succeeded by the Asia-Pacific market. Browse the full report athttp://www.transparencymarketresearch.com/global-diapers-market.html The American market, unlike the other global markets is experiencing market saturation with 100% product penetration and intense competition. This has made it difficult for manufacturers to sustain the growth. A similar trend is observed in Western Europe markets too. As a result, emerging markets are growing at a faster rate, and market players are leveraging lower market penetration of diapers in these markets to their benefits. The global diapers market is experiencing surge in demand for sanitation products.