A recent report published by Infinium Global Research on the disposable feminine hygiene products market provides in-depth analysis of segments and sub-segments in the global as well as regional disposable feminine hygiene products market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional disposable feminine hygiene products market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global disposable feminine hygiene products market. According to the report, the global disposable feminine hygiene products market is projected to grow at a CAGR of 6% over the forecast period of 2021-2027.
The disposable feminine hygiene products market was valued at nearly USD 13.9 billion in 2021 and is expected to reach over USD 23 billion in 2027, growing with a CAGR of around 6% over the forecast period. Feminine hygiene products, also known as menstrual care products, are used by women, some transgender men, and the genderqueer (non-binary) population. The feminine hygiene products comprise sanitary napkins or pads, tampons, panty liners, period panties, and many others. Furthermore, consumers over a period of time have become more anxious about the composition of the products that they procure on a regular basis. The global disposable feminine hygiene products market is projected to witness significant growth during the forecast period. The increasing inclination of sustainable products around the globe is acting as a driving factor for market growth.
Factors driving the global disposable feminine hygiene products market are increasing disposable income, rising awareness about sanitization, and increasing demand for products such as tampons, and panty liners in developed countries. In order to decrease the risk of being subjected to the harmful chemicals, dyes, and other irritants found in sanitary napkins or tampons, the best solution is to use sanitary products made from organic and biodegradable materials. Demand for cloth sanitary pads, pads made from organic materials & biodegradable products, among women is also increasing which drives the market growth. This presents a lucrative opportunity for vendors to strengthen their market position through the development of innovative products in this segment. However, the non-disposable products, especially products made out of fabrics still holding a strong presence in the industry may hamper the market growth.
Among the geographies, the Asia Pacific region is expected to hold the largest share in the global disposable feminine hygiene products market. The large share can be accredited to the high female population in countries such as China and India. Also, growing disposable income, rapid urbanization, and awareness about menstrual hygiene management are pouring the disposable feminine hygiene products market in this region. Furthermore, the North American region is anticipated to witness substantial growth during the forecast period owing to the increasing number of working women and increasing awareness towards personal hygiene among the population are the factors responsible for the growth of the market.
The report on the global disposable feminine hygiene products market covers segments such as type, and distribution channel. On the basis of type, the sub-markets include sanitary napkins, tampons, and panty liners. On the basis of distribution channel, the sub-markets include supermarkets & hypermarkets, pharmacies & beauty stores, convenience stores, and online.
The report provides profiles of the companies in the market such as ALYK, Inc., Rael, Kimberly-Clark, Veeda USA, Fujian Hengan Group, The Honest Company, Seventh Generation, Edgewell Personal Care, Combe Incorporate, and Bodywise (UK) Limited.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the disposable feminine hygiene products market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.