Smart Diaper Market Size, Share, Forecast by 2024
Global smart diaper market can be segmented based on distribution channel, end user and region
New York, USA, January 17, 2020 /KidZNewswire/ -- Global smart diaper market is anticipated to grow at brisk rate during the forecast period due to rising geriatric population and increasing awareness pertaining to personal hygiene. Smart diapers come equipped with sensors which are connected to smartphone applications so that they can detect any leak and trigger an alarm to the app user. Other than that, smart diapers assist in maintaining hygiene, consequently, preventing any kind of infection.
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Global smart diaper market can be segmented based on distribution channel, end user and region. Based on distribution channel, market can be segregated into supermarket or hypermarket, traditional departmental stores, online, among others. Online segment is expected to account for significant share over the coming years owing to factors such as plethora of options to choose from, discounts and coupons on the purchase of products.
Based on geography, globally, smart diaper market can be classified into Asia-Pacific, North America, South America, Europe and Middle East & Africa. Asia-Pacific is expected to grow at the highest rate during the next five years as countries such as China and India have large elderly population base. Additionally, improvement in healthcare standards and rise in purchasing power are likely to contribute to the growing demand for smart diapers.
Major companies operating in the global smart diaper market include Verily Life Sciences, Pixie Scientific, Sinopulsar Technology Inc., MONIT Corp., Kimberly-Clark, Procter & Gamble, Abena A/S, Sensassure, Indiegogo, Inc., Simavita Limited, among others. Manufacturers in the market are working on developing fluff-less diapers so that they can absorb extra liquids.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
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Objective of the Study:
To analyze and forecast the market size of global smart diaper market.
To forecast global smart diaper market based on distribution channel, end user and regional distribution.
To identify drivers and challenges for global smart diaper market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in global smart diaper market.
To identify and analyze the profile of leading players operating in the global smart diaper market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of smart diaper manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors.
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Categories: Clothing and Accessories