Global Disposable and Sustainable Baby Diaper Industry Outlook 2021: Overview, Opportunities, Key Companies and Forecast to 2027

  • Report Code : GRD2733497
  • Published On: Mar, 2022
  • Category : Goods & Services
  • Pages : 128
  • Executive Summary


    According to Research, the global Disposable and Sustainable Baby Diaper market was valued at million US$ in 2020 and is expected to million US$ by the end of 2027, growing at a CAGR of % in the forecast period 2021 and 2027.


    This report studies the Disposable and Sustainable Baby Diaper market dynamics from angles such as new entries, mergers and acquisitions, fundings, exit and major technology breakthroughs. Market performance is evaluated through market size (value and volume) by players, regions, product types and end industries. This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.


    Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Disposable and Sustainable Baby Diaper in these regions, from 2016 to 2027, covering

    North America (United States, Canada and Mexico)

    Europe (Germany, France, UK, Italy, Spain and Russia, etc.)

    Asia-Pacific (China, Japan, Korea, Southeast Asia, India, Australia)

    South America (Brazil, Argentina, Colombia, etc.)

    Middle East and Africa (Turkey, Saudi Arabia, South Africa, etc.)


    Market Snapshot, By Product Type

    Disposable Diapers

    Reusable or Washable Diapers


    Market Snapshot, By Application

    Online Sales

    Offline Retail


    Market Snapshot, By Region:

    North America

    United States

    Canada

    Mexico

    Europe

    Germany

    France

    UK

    Italy

    Russia

    Spain

    Asia Pacific

    China

    Japan

    Korea

    Southeast Asia

    India

    Australia

    Central & South America

    Brazil

    Argentina

    Colombia

    Middle East & Africa

    Iran

    South Africa

    Israel

    Turkey

    Saudi Arabia


    Main Market Players Analyzed in this report, including:

    Unicharm

    The Honest Company

    Seventh Generation

    Procter & Gamble

    Ontex BV

    Kimberly-Clark

    Essity Aktiebolag

    Earth’s Best (The Hain Celestial Group, Inc.)

    Bambo Nature USA (ABENA)


    The study objectives of this report are:

    To study and analyze the global Disposable and Sustainable Baby Diaper market size (value & volume) by company, key regions/countries, products and application, history data from 2016 to 2020, and forecast to 2027.

    To understand industry structure of Disposable and Sustainable Baby Diaper market by identifying its various subsegments.

    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

    To identify the key global Disposable and Sustainable Baby Diaper manufacturers and regional typical players, to define, describe and analyze their sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

    To analyze the Disposable and Sustainable Baby Diaper market with respect to individual growth trends, future prospects, and their contribution to the total market.

    To project the value and volume of Disposable and Sustainable Baby Diaper submarkets, with respect to key regions (along with their respective key countries).

    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

    To strategically profile the key players and comprehensively analyze their growth strategies.


    In this study, the years considered to estimate the market size of Disposable and Sustainable Baby Diaper are as follows:

    History Year: 2016-2020

    Base Year: 2020

    Estimated Year: 2021

    Forecast Year 2021 to 2027


    This report includes the estimation of market size in terms of value (million USD) and volume from top-down approach by analyzing major submarkets and their major driving factors, and verified from bottom-up approaches. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified from primary sources.


    For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.


    Key Stakeholders Considered in the study:

    Raw material vendors

    Distributors/traders/wholesalers/suppliers

    Regulatory authorities, including government agencies and NGO

    Commercial research & development (R&D) institutions

    Importers and exporters

    Government organizations, research organizations, and consulting firms

    Trade/Industrial associations

    End-use industries


     

  • With tables and figures helping analyze worldwide Global Disposable and Sustainable Baby Diaper market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.


    1 Market Definition & Scope

    1.1 Definition & Scope

    1.2 Disposable and Sustainable Baby Diaper Product Specifications

    1.3 Main Events (Entry, M&A, Exit, Technology and Capital Activity)

    1.4 Global Disposable and Sustainable Baby Diaper Market Performance and Outlook


    2 Market Development Performance under COVID-19

    2.1 Influencing Factors of Industry Development in the Next Five Years

    2.1.1 Drivers
    2.1.2 Restraints
    2.1.3 Opportunities

    2.2 Porter’s Five Forces Analysis

    2.3 Comparison of Alternatives and Disposable and Sustainable Baby Diaper


    3 Supply Chain and Manufacturing Cost Analysis

    3.1 Supply Chain Analysis

    3.2 Raw Materials and Key Suppliers Analysis

    3.2.1 Raw Materials Introduction
    3.2.1 Raw Materials Key Suppliers List

    3.3 Disposable and Sustainable Baby Diaper Sales Channel and Distributors Analysis

    3.3.1 Disposable and Sustainable Baby Diaper Sales Channel
    3.3.2 Disposable and Sustainable Baby Diaper Distributors

    3.4 Key Buying Industries/Consumers

    3.4.1 Major Buyers in Application One
    3.4.2 Major Buyers in Application Two
    3.4.1 Major Buyers in Application Three

    3.5 Disposable and Sustainable Baby Diaper Manufacturing Cost Structure Analysis


    4 Market Segment: by Type

    4.1 Disposable and Sustainable Baby Diaper Type Introduction

    4.1.1 Disposable Diapers
    4.1.2 Reusable or Washable Diapers

    4.2 Global Disposable and Sustainable Baby Diaper Sales by Type 2016-2021

    4.3 Global Disposable and Sustainable Baby Diaper Revenue by Type 2016-2021

    4.4 Global Disposable and Sustainable Baby Diaper Price by Type 2016-2021


    5 Market Segment: by Application

    5.1 Disposable and Sustainable Baby Diaper Type Introduction

    5.1.1 Online Sales
    5.1.2 Offline Retail

    5.2 Global Disposable and Sustainable Baby Diaper Sales by Application 2016-2021

    5.3 Global Disposable and Sustainable Baby Diaper Revenue by Application 2016-2021

    5.4 Global Disposable and Sustainable Baby Diaper Price by Application 2016-2021


    6 Marke Segment: by Region

    6.1 Global Disposable and Sustainable Baby Diaper Market by Region

    6.1.1 Global Disposable and Sustainable Baby Diaper Sales by Regions
    6.1.2 Global Disposable and Sustainable Baby Diaper Revenue by Regions

    6.2 North America Disposable and Sustainable Baby Diaper Market 2016-2021

    6.3 Europe Disposable and Sustainable Baby Diaper Market 2016-2021

    6.4 Asia Pacific Disposable and Sustainable Baby Diaper Market 2016-2021

    6.5 South America Disposable and Sustainable Baby Diaper Market 2016-2021

    6.6 Middle East and Africa Disposable and Sustainable Baby Diaper Market 2016-2021


    7 North America

    7.1 North America Disposable and Sustainable Baby Diaper Market by Country 2016-2021

    7.1.1 North America Disposable and Sustainable Baby Diaper Sales by Country
    7.1.2 North America Disposable and Sustainable Baby Diaper Revenue by Country

    7.2 United States

    7.3 Canada

    7.4 Mexico


    8 Europe

    8.1 Europe Disposable and Sustainable Baby Diaper Market by Country 2016-2021

    8.1.1 Europe Disposable and Sustainable Baby Diaper Sales by Country
    8.1.2 Europe Disposable and Sustainable Baby Diaper Revenue by Country

    8.2 Germany

    8.3 France

    8.4 UK

    8.5 Italy

    8.6 Russia

    8.7 Spain

    9 Asia Pacific

    9.1 Asia Pacific Disposable and Sustainable Baby Diaper Market by Country 2016-2021

    9.1.1 Asia Pacific Disposable and Sustainable Baby Diaper Sales by Country
    9.1.2 Asia Pacific Disposable and Sustainable Baby Diaper Revenue by Country

    9.2 China

    9.3 Japan

    9.4 Korea

    9.5 Southeast Asia

    9.6 India

    9.7 Australia

    10 South America

    10.1 South America Disposable and Sustainable Baby Diaper Market by Country 2016-2021

    10.1.1 South America Disposable and Sustainable Baby Diaper Sales by Country
    10.1.2 South America Disposable and Sustainable Baby Diaper Revenue by Country

    10.2 Brazil

    10.3 Argentina

    10.4 Colombia


    11 Middle East and Africa

    11.1 Middle East and Africa Disposable and Sustainable Baby Diaper Market by Country 2016-2021

    11.1.1 Middle East and Africa Disposable and Sustainable Baby Diaper Sales by Country
    11.1.2 Middle East and Africa Disposable and Sustainable Baby Diaper Revenue by Country

    11.2 Turkey

    11.3 Saudi Arabia

    11.4 South Africa


    12 Key Participants Company Information

    12.1 Unicharm

    12.1.1 Unicharm Company Information
    12.1.2 Unicharm Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    12.1.3 Unicharm Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    12.1.4 Unicharm Key Development

    12.2 The Honest Company

    12.2.1 The Honest Company Company Information
    12.2.2 The Honest Company Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    12.2.3 The Honest Company Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    12.2.4 The Honest Company Key Development

    12.3 Seventh Generation

    12.3.1 Seventh Generation Company Information
    12.3.2 Seventh Generation Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    12.3.3 Seventh Generation Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    12.3.4 Seventh Generation Key Development

    12.4 Procter & Gamble

    12.4.1 Procter & Gamble Company Information
    12.4.2 Procter & Gamble Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    12.4.3 Procter & Gamble Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    12.4.4 Procter & Gamble Key Development

    12.5 Ontex BV

    12.5.1 Ontex BV Company Information
    12.5.2 Ontex BV Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    12.5.3 Ontex BV Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    12.5.4 Ontex BV Key Development

    12.6 Kimberly-Clark

    12.6.1 Kimberly-Clark Company Information
    12.6.2 Kimberly-Clark Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    12.6.3 Kimberly-Clark Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    12.6.4 Kimberly-Clark Key Development
    12.7 Essity Aktiebolag
    12.7.1 Essity Aktiebolag Company Information
    12.7.2 Essity Aktiebolag Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    12.7.3 Essity Aktiebolag Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    12.7.4 Kimberly-Clark Key Development
    12.9 Bambo Nature USA (ABENA)
    12.9.1 Bambo Nature USA (ABENA) Company Information
    12.9.2 Bambo Nature USA (ABENA) Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    12.9.3 Bambo Nature USA (ABENA) Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    12.9.4 Bambo Nature USA (ABENA) Key Development
    12.8.1 Earth’s Best (The Hain Celestial Group, Inc.) Company Information
    12.8.2 Earth’s Best (The Hain Celestial Group, Inc.) Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    12.8.3 Earth’s Best (The Hain Celestial Group, Inc.) Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    12.8.4 Earth’s Best (The Hain Celestial Group, Inc.) Key Development

    13 Global Disposable and Sustainable Baby Diaper Market Forecast by Region by Type and by Application

    13.1 Global Disposable and Sustainable Baby Diaper Sales, Revenue Forecast 2022-2027

    13.2 Global Disposable and Sustainable Baby Diaper Forecast by Regions

    13.2.1 Global Disposable and Sustainable Baby Diaper Sales Forecast by Region 2022-2027
    13.2.2 Global Disposable and Sustainable Baby Diaper Revenue Forecast by Region 2022-2027

    13.3 Global Disposable and Sustainable Baby Diaper Forecast by Type

    13.3.1 Global Disposable and Sustainable Baby Diaper Sales Forecast by Type 2022-2027
    13.3.2 Global Disposable and Sustainable Baby Diaper Revenue Forecast by Type 2022-2027
    13.3.3 Global Disposable and Sustainable Baby Diaper Price Forecast by Type 2022-2027

    13.4 Global Disposable and Sustainable Baby Diaper Forecast by Application

    13.4.1 Global Disposable and Sustainable Baby Diaper Sales Forecast by Application 2022-2027
    13.4.2 Global Disposable and Sustainable Baby Diaper Revenue Forecast by Application 2022-2027
    13.4.3 Global Disposable and Sustainable Baby Diaper Price Forecast by Application 2022-2027

    14 Analyst Views and Conclusions

    15 Methodology and Data Source

    15.1 Methodology

    15.2 Research Data Source

    15.2.1 Secondary Data
    15.2.2 Primary Data
    15.2.3 Market Size Estimation

    15.3 Legal Disclaimer


    List of Tables
    Table 1: Global Disposable and Sustainable Baby Diaper Production Specifications
    Table 2: Drivers in Disposable and Sustainable Baby Diaper Market
    Table 3: Restraints Disposable and Sustainable Baby Diaper Market
    Table 4: Opportunity in Disposable and Sustainable Baby Diaper Market
    Table 5: Comparion of Alternative and Disposable and Sustainable Baby Diaper
    Table 6: Disposable and Sustainable Baby Diaper Raw Materials Key Suppliers List
    Table 7: Disposable and Sustainable Baby Diaper Distributors List
    Table 8: Disposable and Sustainable Baby Diaper Major Buyers in Application One
    Table 9: Disposable and Sustainable Baby Diaper Major Buyers in Application Two
    Table 10: Disposable and Sustainable Baby Diaper Major Buyers in Application Three
    Table 11: Global Disposable and Sustainable Baby Diaper Sales (K Units) by Type 2016-2021
    Table 12: Global Disposable and Sustainable Baby Diaper Sales Market Share by Type 2016-2021
    Table 13: Global Disposable and Sustainable Baby Diaper Revenue (Million USD) by Type 2016-2021
    Table 14: Global Disposable and Sustainable Baby Diaper Revenue Market Share by Type 2016-2021
    Table 15: Global Disposable and Sustainable Baby Diaper Price by Type 2016-2021
    Table 16: Global Disposable and Sustainable Baby Diaper Sales (K Units) by Application 2016-2021
    Table 17: Global Disposable and Sustainable Baby Diaper Sales Market Share by Application 2016-2021
    Table 18: Global Disposable and Sustainable Baby Diaper Revenue (Million USD) by Application 2016-2021
    Table 19: Global Disposable and Sustainable Baby Diaper Revenue Market Share by Application 2016-2021
    Table 20: Global Disposable and Sustainable Baby Diaper Price by Application 2016-2021
    Table 21: Global Disposable and Sustainable Baby Diaper Sales (K Units) by Region 2016-2021
    Table 22: Global Disposable and Sustainable Baby Diaper Sales Market Share by Region 2016-2021
    Table 23: Global Disposable and Sustainable Baby Diaper Revenue (Million USD) by Region 2016-2021
    Table 24: Global Disposable and Sustainable Baby Diaper Revenue Market Share by Region 2016-2021
    Table 25: North America Disposable and Sustainable Baby Diaper Sales (K Units) by Country 2016-2021
    Table 26: North America Disposable and Sustainable Baby Diaper Sales Market Share by Country 2016-2021
    Table 27: North America Disposable and Sustainable Baby Diaper Revenue (Million USD) by Country 2016-2021
    Table 28: North America Disposable and Sustainable Baby Diaper Revenue Market Share by Country 2016-2021)
    Table 29: Europe Disposable and Sustainable Baby Diaper Sales (K Units) by Country 2016-2021
    Table 30: Europe Disposable and Sustainable Baby Diaper Sales Market Share by Country 2016-2021
    Table 31: Europe Disposable and Sustainable Baby Diaper Revenue (Million USD) by Country 2016-2021
    Table 32: Europe Disposable and Sustainable Baby Diaper Revenue Market Share by Country 2016-2021)
    Table 33: Asia Pacific Disposable and Sustainable Baby Diaper Sales (K Units) by Country 2016-2021
    Table 34: Asia Pacific Disposable and Sustainable Baby Diaper Sales Market Share by Country 2016-2021
    Table 35: Asia Pacific Disposable and Sustainable Baby Diaper Revenue (Million USD) by Country 2016-2021
    Table 36: Asia Pacific Disposable and Sustainable Baby Diaper Revenue Market Share by Country 2016-2021)
    Table 37: South America Disposable and Sustainable Baby Diaper Sales (K Units) by Country 2016-2021
    Table 38: South America Disposable and Sustainable Baby Diaper Sales Market Share by Country 2016-2021
    Table 39: South America Disposable and Sustainable Baby Diaper Revenue (Million USD) by Country 2016-2021
    Table 40: South America Disposable and Sustainable Baby Diaper Revenue Market Share by Country 2016-2021)
    Table 41: Middle East and Africa Disposable and Sustainable Baby Diaper Sales (K Units) by Country 2016-2021
    Table 42: Middle East and Africa Disposable and Sustainable Baby Diaper Sales Market Share by Country 2016-2021
    Table 43: Middle East and Africa Disposable and Sustainable Baby Diaper Revenue (Million USD) by Country 2016-2021
    Table 44: Middle East and Africa Disposable and Sustainable Baby Diaper Revenue Market Share by Country 2016-2021)
    Table 45 Unicharm Company Information
    Table 46 Unicharm Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    Table 47 Unicharm Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    Table 48 The Honest Company Company Information
    Table 49 The Honest Company Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    Table 50 The Honest Company Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    Table 51 Seventh Generation Company Information
    Table 52 Seventh Generation Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    Table 53 Seventh Generation Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    Table 54 Procter & Gamble Company Information
    Table 55 Procter & Gamble Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    Table 56 Procter & Gamble Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    Table 57 Ontex BV Company Information
    Table 58 Ontex BV Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    Table 59 Ontex BV Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    Table 60 Kimberly-Clark Company Information
    Table 61 Kimberly-Clark Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    Table 62 Kimberly-Clark Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    Table 63 Essity Aktiebolag Company Information
    Table 64 Essity Aktiebolag Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    Table 65 Essity Aktiebolag Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    Table 66 Earth’s Best (The Hain Celestial Group, Inc.) Company Information
    Table 67 Earth’s Best (The Hain Celestial Group, Inc.) Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    Table 68 Earth’s Best (The Hain Celestial Group, Inc.) Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    Table 69 Bambo Nature USA (ABENA) Company Information
    Table 70 Bambo Nature USA (ABENA) Disposable and Sustainable Baby Diaper Product Portfolio, Specification and Application
    Table 71 Bambo Nature USA (ABENA) Disposable and Sustainable Baby Diaper Sales, Price, Revenue and Gross Margin (2019-2021)
    Table 72: Global Disposable and Sustainable Baby Diaper Sales (K Units) Forecast by Region (2022-2027)
    Table 73: Global Disposable and Sustainable Baby Diaper Sales Market Share Forecast by Region (2012-2027)
    Table 74: Global Disposable and Sustainable Baby Diaper Revenue (Million USD) Forecast by Region (2022-2027)
    Table 75: Global Disposable and Sustainable Baby Diaper Revenue Market Share Forecast by Region (2022-2027)
    Table 76: Global Disposable and Sustainable Baby Diaper Sales (K Units) Forecast by Type (2022-2027)
    Table 77: Global Disposable and Sustainable Baby Diaper Sales Market Share Forecast by Type (2012-2027)
    Table 78: Global Disposable and Sustainable Baby Diaper Revenue (Million USD) Forecast by Type (2022-2027)
    Table 79: Global Disposable and Sustainable Baby Diaper Revenue Market Share Forecast by Type (2022-2027)
    Table 80: Global Disposable and Sustainable Baby Diaper Sales (K Units) Forecast by Applicaion (2022-2027)
    Table 81: Global Disposable and Sustainable Baby Diaper Sales Market Share Forecast by Application (2012-2027)
    Table 82: Global Disposable and Sustainable Baby Diaper Revenue (Million USD) Forecast by Application (2022-2027)
    Table 83: Global Disposable and Sustainable Baby Diaper Revenue Market Share Forecast by Application (2022-2027)

     

  • The Global Disposable and Sustainable Baby Diaper Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
      By Regions:
        By Type:
          By Application:
          Frequently asked questions(FAQ's):
          What trends are influencing the growth of the Global Disposable and Sustainable Baby Diaper Market?

          New players are entering the Global Disposable and Sustainable Baby Diaper Market, while established companies are changing their business models and strategies. This pattern is likely to continue for the foreseeable future.

          What are the major applications of the Global Disposable and Sustainable Baby Diaper Market?

          Depending upon the type of applications, the Global Disposable and Sustainable Baby Diaper Market has been segmented into and other applications.

          What is the anticipated growth rate for the Global Disposable and Sustainable Baby Diaper Market?

          During the projected year from 2024 to 2029, the Global Disposable and Sustainable Baby Diaper Market is expected to grow at a CAGR of xx%.

          What is Global Disposable and Sustainable Baby Diaper Market Concentration Rate?

          In addition to the Global Disposable and Sustainable Baby Diaper Market share analysis by competitors, the report also includes chapters on the HHI Index, CR4, and CR8 to characterize the concentration rate and competitive character of the Global Disposable and Sustainable Baby Diaper Market.

          What is the estimated global market value of the Global Disposable and Sustainable Baby Diaper Market?

          The Global Disposable and Sustainable Baby Diaper Market is expected to reach a considerable market valuation.

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