Smart Diapers Market Trends

Growth Drivers

• 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.

• 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.