Smart Diapers Market ForecastThe global smart diapers market is projected to reach USD 5.2 billion by 2025 at a CAGR of 6.6% between 2019 and 2025.
A growing geriatric population is also expected to catalyze market growth over the next few years.
To survive in the competitive market, industry players are focusing on smart wearable technology and product innovation.
In 2019, Johnson & Johnson Services, Inc. is expected to account for a 19.58% share of the global baby care products market to be a major player in the global market overview during the forecast period.ALSO READ: Paid Link : https://www.marketwatch.com/press-release/smart-diapers-market-global-covid-19-pandemic-impact-and-industry-is-projected-to-grow-at-a-cagr-of-1825-by-forecast-to-2025-2020-08-12?mod=mw_quote_newsSmart Diapers Market Growth OpportunitiesGrowing popularity of disposable smart diapers: Disposable smart diapers for babies or adults are popular among consumers due to their easy availability at both online and offline retail stores.
Moreover, market players such as Procter & Gamble Company, The Hain Celestial Group, Inc., and Simavita are offering different types of disposable smart diapers for babies as well as adults, which is further influencing this market.Convenience stores to remain the preferred sales channel for smart diapers: Convenience stores offer consumers the chance to check the quality and variety of products.
Consumers are increasingly shopping at supermarkets and hypermarkets such as Walmart and Tesco due to their widespread networks and the availability of smart diapers in a variety of types, sizes, and brands.