Smart Connected Diapers Market Segmentation by Component (Hardware, and Software); by Product (Baby, and Adult Diapers); by Usability (Disposable, and Non-Disposable); by Size (Small, Medium, Large, and Extra Large); by Supply Chain (Online, and Offline)-Global Demand Analysis & Opportunity Outlook 2020-2030

Global Smart Connected Diapers Market Highlights Over 2020 - 2030

The global smart connected diapers market is estimated to garner a revenue of USD 2848.0 Million by the end of 2030 by growing at a CAGR of 14.0% over the forecast period, i.e., 2021 – 2030. Moreover, the market generated a revenue of USD 780.8 Million in the year 2020. The growth of the market can be attributed to the growing demand for diapers amongst the geriatric and new born population. Over the years, the count of geriatric population as well as new born have grown significantly. According to the statistics by the World Bank, the population aged 65 and above as a share of total population increased from 7.567% in the year 2010 to 9.321% in the year 2020. On the other hand, according to the statistics by the Central Intelligence Agency (CIA), the birth rate in South Africa, Afghanistan, Pakistan, India, and the United States registered to 18.89, 36.08, 26.95, 17.88, and 12.33 births/1000 population respectively in the year 2021.

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The growth of the market can also be attributed to the growing prevalence of urinary incontinence amongst individuals worldwide. Besides this, the surge in the number of internet users is also expected to create numerous opportunities for market growth in the coming years. Additionally, growing advancements in the development of diapers along with the surge in research expenditure are also expected to contribute to the market growth during the forecast period.

Global Smart Connected Diapers Market Regional Synopsis:

Regionally, the global smart connected diapers market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the Asia Pacific is expected to garner the largest revenue of USD 885.7 Million by the end of 2030, up from a revenue of USD 190.5 Million in the year 2020. The growth of the market in the region can primarily be attributed to the presence of several nations, such as Japan, China, and India, where the population of the elderly is growing at a massive pace. In the other statistics by the World Bank, the population aged 65 and above, as a share of total population in Japan, China, and India, increased from 22.498%, 8.074%, and 5.082% in the year 2010 to 28.397%, 11.968%, and 6.574% in the year 2020. The market in the region is further segmented by country into Australia, Japan, Singapore, South Korea, India, China, and the Rest of Asia Pacific. Out of these, the market in China is anticipated to garner the largest revenue of USD 213.5 Million by the end of 2030, up from a revenue of USD 50.1 Million in the year 2020.

Growth Drivers and Challenges Impacting the Growth of the Global Smart Connected Diapers Market:

Growth Drivers

• Increasing Geriatric and New Born Population

• Growing Number of Internet Users

Challenges

• Low Awareness About the Product in Developing Countries

• High Price of the Product

Global Smart Connected Diapers Market Segmentation Synopsis

The global smart connected diapers market is segmented by component into hardware and software, out of which, the hardware segment is expected to generate the largest revenue of USD 753.1 Million by the end of 2022. By product, the market is segmented into adult diapers and baby diapers, out of which, the baby diapers segment is projected to garner the largest revenue by the end of 2030. By usability, the market is segmented into disposable and non-disposable, out of which, the disposable segment registered the highest market share in the year 2020. By size, the market is segmented into small, medium, large, and extra large. Out of these, the small segment is expected to garner the largest revenue of USD 1035.3 Million by the end of 2030, up from a revenue of USD 265.1 Million in the year 2020. By supply chain, the market is segmented into online and offline, out of which, the offline segment is expected to register the largest revenue of USD 766.8 Million by the end of 2022.

Key Companies Dominating the Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global smart connected diapers market that are included in our report are Procter & Gamble, Verily Life Sciences LLC (Alphabet Inc.), Anavah Health, Smardii Inc., ABENA A/S, CviCloud Corporation, SINOPULSAR, MONIT Corp., KIMBERLY-CLARK CORPORATION, Ontex BV, Simavita Limited, and others.

Latest Developments in the Global Smart Connected Diapers Market:

• May 21^st, 2021: Procter & Gamble announced that it has launched a new hybrid diaper under its diaper brand, Pampers. The new product, known as Pampers Pure Protection Hybrid Diapers is a baby diaper and is designed for parents who want a diaper with less waste and also seek the convenience of a disposable diaper.

• February 26^th, 2021: ABENA Group announced that it has received the award titled the Nordic Swan Ecolabel, for its premium products Abri-Flex and ABENA Pants.

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• The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.

• It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.

• The report includes detailed company profiles of the major players dominating the market.

• We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.

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Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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