Global Smart Connected Diapers Market Outlook 2020-2030

Global Smart Connected Diapers Market Analysis 2020-2030

The global smart connected diapers market is anticipated to grow with a CAGR of 14.0% during the forecast period, i.e., 2021-2030. Factors such as the growing advancements in the development of diapers, increasing expenditure on research and developments, along with the rising preference amongst individuals for smart products are anticipated to create numerous opportunities for the growth of the market in the coming years. Additionally, factors such as the increasing count of geriatric and newborn population, and the need for diapers amongst these population, is also predicted to boost the growth of the market in the coming years. The market is estimated to garner a revenue of close to USD 2850 Million by the end of 2030, up from a revenue of around USD 780 Million in the year 2020.

The global smart connected diapers market is segmented into numerous segments, which include segmentation by component, product, usability, size, supply chain, and by region. By size, the market is segmented into small, medium, large, and extra large. The small segment is expected to garner the largest revenue of USD 1035.3 Million by the end of 2030, amongst all the other segments. Additionally, the segment registered a revenue of USD 265.1 Million in the year 2020.

On the basis of regional analysis, the global smart connected diapers market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in the Asia Pacific is expected to garner the largest revenue of USD 885.7 Million by the end of 2030, amongst the market in all the other regions. Moreover, in the year 2020, the market in the region generated a revenue of USD 190.5 Million.

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.