December 09, 2021 07:58 ET | Source: Research and Markets Research and Markets
Dublin, Dec. 09, 2021 (GLOBE NEWSWIRE) -- The "Smart Diapers Market With Covid-19 Impact Analysis, by End-Use (Babies, Adults), Technology (RFID Tags, Bluetooth Sensors), and Geography (North America, Asia Pacific, Europe, and Rest of World) - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The smart diapers market is estimated to be USD 646 million in 2021 and is projected to reach USD 1,531 million by 2026, at a CAGR of 18.8% from 2021 to 2026.
Bluetooth Sensors is the largest technology segment of the Smart Diapers market
By technology, the Bluetooth sensors segment accounted for the largest technology share of the smart diapers market. The large share can be attributed to the increase in awareness among the consumers regarding Bluetooth sensors as compared to RFID tags. Also, diapers enhanced with Bluetooth sensors is a fully commercialized product and many major diaper companies have added it to their product portfolios.
Adults is the fastest end-user segment of the smart diapers market
By end-use, the adult segment is anticipated to grow at the highest CAGR from 2021 to 2026. The rising adoption of smart diapers in developed countries and the increase in the geriatric population across the globe are expected to drive further the demand for smart diapers in adult end-use segment. This high growth can also be attributed due to the adoption of smart diapers in healthcare institutions, clinics, and nursing homes, which positively impacts the market's growth.
Asia Pacific regional segment is expected to be the fastest-growing market for smart diapers
Asia Pacific is expected to be the fastest-growing market for smart diapers during the forecast period, in terms of value. The market for these Diapers in Asia-Pacific region is anticipated to grow rapidly based on n the developments taking place in the residential and infrastructure industry. The growth of the Asia Pacific smart diapers market is expected to be primarily driven by the aging population. According to the WHO data, by 2025, 18% of the Asian population will be above 65 years old. This is an increase of 11% from the 2010 levels and is expected to generate huge opportunities and propel the demand for the smart diapers market.
4 Premium Insights 4.1 Attractive Growth Opportunities in Smart Diapers Market 4.2 Smart Diapers Market, by Region 4.3 North America Smart Diapers Market, by End-Use and Country 4.4 Smart Diapers Market: Major Countries
5 Market Overview 5.1 Market Dynamics 5.1.1 Drivers 5.1.1.1 Increasing Population & Rapid Urbanization 5.1.1.2 Growing Elderly Population 5.1.1.3 Growing Awareness Toward Personal Hygiene 5.1.2 Restraints 5.1.2.1 Low Penetration in Developing Countries 5.1.3 Opportunities 5.1.3.1 Rising Number of Internet Users 5.1.3.2 Increasing Innovation in the Smart Diapers Market 5.1.4 Challenges 5.1.4.1 High Cost of Smart Diapers 5.1.4.2 Stringent Regulatory Environment and Requirement of Product Approvals 5.2 Porter's Five Forces Analysis 5.3 Value Chain Analysis 5.4 Ecosystem for Smart Diapers Market 5.5 Patent Analysis 5.5.1 Introduction 5.5.2 Insights 5.6 Pricing Analysis 5.7 Regulatory Landscape 5.7.1 US 5.7.2 Europe 5.7.2.1 Germany 5.7.2.2 Nordic Countries 5.7.3 China 5.7.4 Japan 5.8 COVID-19 Impact Analysis 5.8.1 COVID-19 Health Assessment 5.8.2 COVID-19 Impact on Smart Diapers Market 5.9 Case Studies 5.9.1 Low-Cost "Smart" Diaper That Can Notify Caregiver When Diaper is Wet
6 Smart Diapers Market, by Distribution Channel 6.1 Introduction 6.2 Supermarket & Hypermarket 6.3 E-Commerce 6.4 Department Store 6.5 Convenience Store 6.6 Retail Pharmacies
7 Smart Diapers Product Market, by Technology 7.1 Introduction 7.2 Rfid Tags 7.3 Bluetooth Sensors
8 Smart Diapers Market, by End-Use 8.1 Introduction 8.2 Babies 8.3 Adults
9 Smart Diapers Market, by Region
10 Competitive Landscape 10.1 Key Players' Strategies/Right to Win 10.2 Revenue Analysis 10.3 Market Share Analysis 10.4 Company Evaluation Matrix 10.4.1 Stars 10.4.2 Emerging Leaders 10.4.3 Pervasive 10.4.4 Participants 10.5 Competitive Benchmarking 10.5.1 Company Technology Footprint 10.5.2 Company End-Use Footprint 10.5.3 Company Region Footprint 10.6 Competitive Scenario and Trends 10.6.1 Product Launches 10.6.2 Deals 10.6.3 Others
11 Company Profiles 11.1 Procter & Gamble 11.2 Kimberly-Clark 11.3 Simavita 11.4 Ontex 11.5 Essity Aktiebolag (Publ) 11.6 Abena 11.7 Digisense 11.8 Eldersens 11.9 Smardii Inc. 11.10 Sinopulsar 11.11 Wonderkin Co. 11.12 Cvicloud Corporation 11.13 Vandrico Solutions Inc 11.14 Atz Global Co. Ltd. 11.15 Imec 11.16 Shanghai Huayuan Electronic Co. Ltd
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