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A Chinese manufacturer of babies has announced that it will quit producing diapers for infants in the nation and instead will concentrate on the market for individuals.
Oji Holdings is the most recent business to make a similar move in a country that is quickly aging, with baby costs at a record low.
For more than a decade, selling of child nappies in the nation have outperformed those of infants.
The number of children born in Japan in 2023- 758, 631- was over by 5.1 % from the previous month.
The birthrate in Japan was the lowest since the 19th centuries. In the 1970s, that number stood at more than two million.
Again in 2011, Japan’s biggest baby manufacturer, Unicharm, said its income of adult babies had surpassed those for children.
Oji Holdings added that it would continue to produce baby wipes in Malaysia and Indonesia, where it anticipates that desire will increase.
A shrinking people, the result of both age and plummeting delivery costs, has become a crisis for Japan, the world’s fifth- largest market. However, the Chinese president’s efforts to address these issues have so far been unsuccessful.
Increased spending on child-related programs and subsidies for young couples or parents do n’t appear to be raising birth rates. Experts claim that the reasons for the lower union rates and more women entering the workforce as well as the higher costs of raising children are complicated.
But Japan is not alone. Ovulation levels have also been dropping in Hong Kong, Singapore, Taiwan and South Korea, the last of which has the lowest delivery rate in the world.