Menstrual Cups Market Size, Share, Growth 2023
Global menstrual cups market size was USD 1.36 billion in 2022 The market is anticipated to expand from USD 1.43 billion in 2023 to USD 2.15 billion by 2030 exhibiting a CAGR of 6.1%. Silicone Segment to Lead Due to Growing Product Launches Owing to Increased Demand for Safe Products.
The market
rise is driven by the eco-friendly nature of these products. Furthermore, the
cups are cheaper compared to other feminine hygiene products such as sanitary
pads and tampons.
Fortune Business Insights™ provides
this information in its
research report, titled “Menstrual Cups
Market, 2023-2030”.
Request a
Sample PDF : https://www.fortunebusinessinsights.com/enquiry/sample/menstrual-cups-market-108492
Key
Takeaways :
·
Scarce Availability
During the Pandemic Temporarily Impacted the Market Growth
·
Strong Emphasis on the
Adoption of Eco-friendly Products to Drive the Product Demand
·
Availability of
Different Types of Products to Propel the Market Growth
·
Rising Number of
Government Initiatives to Propel the Adoption of Reusable Cups
·
Low Product
Penetration in Developing Countries May Hinder the Industry Growth
·
Strong Product
Portfolios of Procter & Gamble, Diva International Inc., Mooncup Ltd, and
The Flex Company to Lead to Their Market Dominance
COVID-19 Impact:
Market Was Temporarily Affected Due to Reduced Product
Availability during Coronavirus Pandemic
The
pandemic negatively impacted the market due to limited availability of the
product on account of panic buying, border closures, and lockdowns. The period
also impacted the availability of these products among less privileged women
considering the effect on subsidized medical schemes. However, initiatives by
major companies and increasing product usage with growing awareness regarding
hygiene helped the revival of the industry.
To
get to know more about the short-term and long-term impact of COVID-19 on this
market, please visit: https://www.fortunebusinessinsights.com/menstrual-cups-market-108492
About Us:
Fortune Business Insights™ delivers accurate
data and innovative corporate analysis, helping organizations of all sizes make
appropriate decisions. We tailor novel solutions for our clients, assisting
them to address various challenges distinct to their businesses. Our aim is to
empower them with holistic market intelligence, providing a granular overview
of the market they are operating in.
Contact Us:
Fortune Business Insights™ Pvt. Ltd
U.S.: +1 424 253 0390
U.K.: +44 2071 939123
APAC: +91 744 740 1245
Comments
Post a Comment