Japanese Nappy Maker Shifts Focus from Babies to Adults, Reflecting Changing Demographics
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In response to Japan's aging population and declining birth rate, Daio Paper, one of Japan's largest nappy manufacturers, is shifting its focus from baby diapers to adult diapers. The company plans to increase production of adult diapers and reduce production of baby diapers, aiming to capture a larger share of the growing market for adult diapers, which is expected to reach $14.5 billion by 2025. This strategic shift reflects the changing demographics in Japan and the need for products that cater to the elderly population. Daio Paper's decision aligns with the government's efforts to address the challenges posed by an aging society .
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#newstr #Japan #NappyMaker #AdultDiapers #AgingPopulation #BirthRate #InstantNoodles #Inflation #ConsumerBehavior #TokyoSupermarket #Recession