A recent report published by Infinium Global Research on the menstrual cups market provides an in-depth analysis of segments and sub-segments in the global as well as regional menstrual cups market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional menstrual cups market over the short term as well as the long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global menstrual cups market. According to the report, the global menstrual cups market is projected to grow at a CAGR of about 5% over the forecast period of 2022-2028.
The revenue generated by the menstrual cups market was about USD 800 million in 2022 and is expected to reach nearly USD 1100 million in 2028 and is expected to grow with a CAGR of about 5% over the forecast period 2022-2028. Menstrual health and hygiene are integral components of a girl’s life, to ensure that they lead a healthy and productive life. Menstrual cups provide adequate leakage protection and it is cost-effective as most menstrual cups can be reused and last for years on average. These cups have become one of the most affordable solutions for feminine hygiene protection. They are reusable and boast life spans that range from 1 year to several years. Moreover, the initial investment in a menstrual cup to the cost of disposable sanitary napkins and tampons can save hundreds of dollars.
According to the panchayat authorities in India, on average, the local body is generating menstrual waste of more than one lakh synthetic sanitary pads on a monthly basis. Results from this survey showed that a resounding 93% of the health care providers think that menstrual cups are more environment friendly than sanitary pads, These findings are supported by a recent event in Mumbai where gynecologists and doctors in Mumbai increased awareness about menstrual cups and the event organizers undertook steps to reduce the growing menstrual waste created by the disposable pad. Menstrual cups are an alternative to disposable sanitary products, where water and sanitation facilities are poor. Also reusable, menstrual cups are easy to clean and, therefore, more hygienic than cloth pads. The key driving factors for this market include growing awareness among the population about the available options during menstruation, and a large number of awareness campaigns conducted by manufacturers, women's communities, and educational institutes. In addition, eco-friendly, comfortable, affordability, practicality, convenience, cleanliness, effectiveness, and safeness are further expected to propel the market in the coming years. However, a low level of acceptance of these menstrual cups could hinder market growth. Nonetheless, growing awareness about safety and sanitary protections in emerging countries is continued to drive the market in the future.
Geographically, North America is the leading contributor to the market and is expected to retain its position during the forecast period due to the presence of a large population with greater awareness. Moreover, the Asia-Pacific market is anticipated to grow at a faster rate during the forecast period. This is predominantly because of increased healthcare awareness, technological advancements, and growing awareness among the population about the various menstrual protection options available in the market.
The report on global menstrual cups market covers segments such as product, and distribution channel. On the basis of product, the sub-markets include reusable menstrual cups, and disposable menstrual cups. On the basis of distribution channel, the sub-markets include online stores, and pharmacies and retail stores.
The report provides profiles of the companies in the market such as Diva International Inc, Fleurcup, Blossom Cup, Lune Group Oy Ltd., Lena Cup, Mooncup Ltd, The Flex Company, Yuuki Company s.r.o, Me Luna GmbH, Saalt, LLC, and Sirona Hygiene Private Limited.
The report provides deep insights into 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 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 menstrual cups market. Moreover, the study highlights current market trends and provides forecast from 2022-2028. 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 insight into the market share of the leading players.
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