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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 u2013 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.
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Global Smart Connected Diapers Market to Grow on Account of Increasing Geriatric and Newborn Population; Market to Grow witha CAGR of 14.0%During 2021-2030 KennethResearch hasreleased areporttitled“SmartConnected Diapers Market: Global Demand Analysis & Opportunity Outlook 2030”whichalso includessomeof theprominent marketanalyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market. In the year 2020, the population aged 65 and above as a share of total population, according to the statistics by the World Bank, touched 9.321%. This was an increase from 7.567% in the year 2010. Additionally, in one of the statistics by the Central Intelligence Agency (CIA), the birth rate in SouthAfrica,Afghanistan,Pakistan,India, andthe UnitedStates registered to 18.89, 36.08, 26.95, 17.88, and 12.33 births/1000 population respectivelyintheyear 2021. Thestatisticsportray thegrowing geriatricandnewbornpopulation worldwide,whichisoneofthemajorfactorsanticipatedtodrivethedemand for diapers, and in turn, contribute to the growth of the global smart diapers market.Besidesthis, thegrowingprevalenceofurinaryincontinence amongstindividuals,alongwiththerisingnumberofinternetusersandtheir preference for smart products, are also expected to create numerous growth opportunities in the coming years. Additionally, the rising expenditure on researchanddevelopmentsandtheincreasingadvancementsinthe
developmentofmoderndiapers,arealsopredictedtodrivethegrowthofthe marketintheyearstocome. The global smart connected diapers market is anticipated to grow with a CAGR of 14.0% during the forecast period, i.e., 2021-2030. The market is estimated to garner a revenue of USD 2848.0 Million by the end of 2030. Additionally, the market generated a revenue of USD 780.8 Million in the year 2020. The market is segmented by size into small, medium, large, and extra large. The small segment, amongst all the other segments, is expected to garner the largest revenue of USD 1035.3 Million by the end of 2030, up from a revenueofUSD265.1 Million inthe year 2020. By region, the global smart connected diapers market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa, out of which, 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 revenueofUSD190.5Million inthe year2020. The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil,Mexico,Argentina, Rest of Latin America), Asia-Pacific (China,India,Japan,SouthKorea, Indonesia,Singapore, Malaysia, Australia,NewZealand,RestofAsia-Pacific),MiddleEastandAfrica(Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, SouthAfrica,RestofMiddle EastandAfrica). Inaddition,analysis comprisingmarketsize,Y-O-Ygrowth&opportunityanalysis,market
players’competitivestudy, investment opportunities,demandforfuture outlooketc.hasalsobeencovered anddisplayed in theresearchreport. However,thelow awareness about theproduct in developingcountries, alongwith the high priceof the product aresomeof the major factors predicted tohinderthemarket growthinthecomingyears. Thisreportalsoprovidestheexistingcompetitivescenarioofsomeofthekey playersoftheglobalsmartconnecteddiapersmarket,whichincludes company profiling of Procter & Gamble, Verily Life Sciences LLC (Alphabet Inc.), AnavahHealth, SmardiiInc.,ABENAA/S,CviCloudCorporation, SINOPULSAR,MONITCorp.,KIMBERLY-CLARKCORPORATION,Ontex BV,Simavita Limited,andothers. The profiling enfolds key information of the companies which comprises of businessoverview,productsandservices,keyfinancialsandrecentnewsand developments.Conclusively,thereporttitled“SmartConnectedDiapers Market: Global Demand Analysis & Opportunity Outlook 2030”, analyses the overall global smart connected diapers industry to help new entrants to understand the details of the market. In addition to that, this reportalsoguidesexistingplayerslookingforexpansionandmajorinvestors looking for investment in the global smart connected diapers market in the near future. RequestReportSample@ Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to takewisedecisionsfortheirfuturemarketingstrategy,expansionand
investment, etc. We believe every business can expand to its new horizon, providedarightguidanceatarighttimeisavailablethroughstrategicminds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties. ContactformoreInfo: AJDaniel Email: sales@kennethresearch.com U.S. Phone:+1 313 4620609