Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Smart Diapers Market size was over USD 976.16 million in 2024 and is anticipated to cross USD 8.96 billion by 2037, growing at more than 18.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of smart diapers is estimated at USD 1.13 billion.
The market is thriving on the back of rising adoption of technology with an aim to support the nuclear and working families to care for their babies, coupled with the rising geriatric population around the globe.
Smart Diapers Sector: Growth Drivers and Challenges
Growth Drivers
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Increasing Population Around the World
Backed by the increasing birth rate across several developed and developing nations around the world, the global population is increasing at a massive rate. As such, the number of babies born each year is also more, thereby raising the need amongst the parents to increasingly use smart diapers, which in turn is anticipated to drive the growth of the market.
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Growing Number of Internet Users Around the Globe
Developments in the IT infrastructure over they years has massively helped in the increasing adoption of the internet amongst the individuals around the globe. Unlike any other IoT connected devices, smart diapers too can be connected with applications provided by the manufacturers of smart diapers, which allow easy monitoring of the diaper and helps to prevent from its leakage. Moreover, rising trends of IoT devices and the increasing need for smart connected devices amongst the individuals are also anticipated to drive the growth of the market.
Challenges
Lack of product awareness amongst the individuals and the high price of smart diapers in comparison to conventional diapers are anticipated to impact negatively towards the growth of the market.
Smart Diapers Market: Key Insights
| Report Attribute | Details |
|---|---|
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
18.6% |
|
Base Year Market Size (2024) |
USD 976.16 million |
|
Forecast Year Market Size (2037) |
USD 8.96 billion |
|
Regional Scope |
|
Smart Diapers Segmentation
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Customize this ReportSmart Diapers Industry - Regional Synopsis
Asia Pacific industry is poised to dominate majority revenue share by 2037, backed by growing geriatric population in the region, backed by growing geriatric population in the region. coupled with the presence of nations with high birth rates. Additionally, increasing number of working families in the region, who lack the support of a joint family as well as lack of proper baby care services in the region are some of the factors anticipated to drive the growth of the market in Asia Pacific.
Companies Dominating the Smart Diapers Landscape
- Procter & Gamble
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Simavita
- Smart Bottoms
- Abena Group
- MONIT Corp.
- Pixie Scientific, LLC
- Kimberly Clark Corporation
- CviCloud Corporation
- Enka Hijyen
Recent Developments
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January 2020: Procter & Gamble (P&G) announced that it has showcased the product Lumi by PampersÔ at the Consumer Electronics Show 2020. The product set is an all-in-one care system for babies and helps parents to see and know the activities of their babies.
Author Credits: Parul Atri
- Report ID: 2496
- Published Date: Dec 24, 2024
- Report Format: PDF, PPT
