PUBLISHER: 360iResearch | PRODUCT CODE: 1466738
PUBLISHER: 360iResearch | PRODUCT CODE: 1466738
[185 Pages Report] The Feminine Hygiene Products Market size was estimated at USD 25.51 billion in 2023 and expected to reach USD 27.75 billion in 2024, at a CAGR 8.68% to reach USD 45.72 billion by 2030.
Feminine hygiene products are personal care items used to cleanse and maintain intimate hygiene. These products include pads, tampons, panty liners, menstrual sponges, and menstrual cups that help women comfortably manage their menstrual cycles. The rise in the number of female working population and increase in disposable income has raised women's purchasing power, leading to elevated sales of feminine hygiene products. The use of feminine hygiene products has increased due to increasing awareness of the significance of maintaining proper sanitation and increasing accessibility on eCommerce platforms and in convenience stores. However, the adverse effects and environmental concerns associated with the disposal of products manufactured from synthetic materials and chemicals may impede their use by the female population. Besides, the ongoing development and introduction of innovative and reusable products are expected to encourage the adoption of feminine hygiene products by women worldwide.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 25.51 billion |
Estimated Year [2024] | USD 27.75 billion |
Forecast Year [2030] | USD 45.72 billion |
CAGR (%) | 8.68% |
Nature: Expanding usage of reusable/organic feminine hygiene products to reduce their carbon footprint
Disposable feminine hygiene products, such as conventional sanitary pads, tampons, panty liners, and menstrual cups, are single-use items appreciated for their convenience and accessibility. They are made from materials such as paper, plastic, and absorbent cores and are convenient but generate waste. The preference for disposable hygiene products is commonly justified by the demand for convenient and hassle-free menstrual hygiene solutions. Reusable/organic feminine hygiene products are designed for menstrual care and personal hygiene and are intended to be used multiple times. These products, including cloth pads, menstrual cups, and period underwear, are made from durable, washable materials, including cloth, silicone, or fabric. They are more environmentally sustainable and cost-effective in the long term compared to disposable alternatives.
Type: Increasing potential of tampons among eco-conscious consumers
Menstrual cups, reusable devices made from silicone or rubber, are inserted into the vagina during menstruation to collect menstrual fluid. With environmental concerns on the rise, these can replace disposables, marking a significant shift in feminine hygiene preferences. Panty liners are a mainstay for women seeking light absorbency during the menstrual cycle or for everyday freshness. Sanitary napkins remain the most commonly used type of menstrual management product. Tampons are the preferred choice for many women due to their compact design and ease of use, particularly for those leading an active lifestyle. Urinary incontinence products, such as liners, pads, and panties, have grown increasingly popular with the aging population and are a vital part of the market.
Distribution Channel: Rising accessibility of feminine hygiene products through online platforms due to their convenience
Convenience stores are a popular destination for last-minute purchases that offer a limited range of products and usually have higher prices due to their small scale of operation and 24/7 accessibility. Drug stores or pharmacies are the main go-to source for health-related products and, thus, offer a vast range of feminine hygiene products. Hypermarkets & supermarkets are the preferred choice for most female consumers due to the wide variety of brands available. They serve as a one-stop solution and enable consumers to compare product features, prices, and quality. With the growth of e-commerce, online retail stores and direct-to-consumer brands have been burgeoning distribution channels. They offer convenience, comparatively lower prices, more comprehensive product information, and a broad range of products.
Regional Insights
The Americas showcase a significant landscape for feminine hygiene products attributed to the increasing awareness of feminine health and sanitation among the women population and advancements in female sanitation products. Several rapidly growing economies, including India and China, are showcasing growing sales for hygiene products due to massive female population growth. In addition, feminine hygiene product startups have observed favorable landscape and funding options in the Asia-Pacific region. In Europe, the increasing literacy rate among females and high disposable incomes among the EU population support the demand for female hygiene products. Several regional players collaborated with other business entities and non-governmental organizations to promote cost-effective sanitary napkins and pads. Additionally, African governments are taking initiatives to provide affordable access to sanitary pads in rural areas.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Feminine Hygiene Products Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Feminine Hygiene Products Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Feminine Hygiene Products Market, highlighting leading vendors and their innovative profiles. These include Bella, Bingbing Paper Co., Ltd., Blood, Carmesi, Corman S.p.A., Cotton High Tech - Cohitech, Dabur India Ltd, Daye, Diva International Inc., Drylock Technologies, Edgewell Personal Care, Essity Aktiebolag, First Quality Enterprises, Inc., Hengan International Group Company Limited, Honey Pot Company, LLC, Johnson & Johnson Services, Inc., Kao Corporation, Kimberly-Clark Corporation, Lambi, Lola by Alyk, Inc., MeLuna, Natracare LLC, Natratouch, Niine Private Limited, Ontex BV, Premier FMCG, Procter & Gamble, Redcliffe Hygiene Private Limited, Sirona, The Honest Company, Inc., Trace Femcare, Inc., Unicharm Corporation, Veeda, and Yoona Digital Indonesia.
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the Feminine Hygiene Products Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Feminine Hygiene Products Market?
3. What are the technology trends and regulatory frameworks in the Feminine Hygiene Products Market?
4. What is the market share of the leading vendors in the Feminine Hygiene Products Market?
5. Which modes and strategic moves are suitable for entering the Feminine Hygiene Products Market?