During the projected period, the of feminine hygiene products market is expected to grow at a CAGR of 7.1%. The feminine hygiene products market revenue is expected to grow from US$ 31.6 billion in 2023 to US$ 62.7 billion by 2033.
Government initiatives to raise awareness about women’s health and menstrual hygiene, as well as brand consolidation strategies by leading manufacturers and women’s adoption of modern lifestyles, will drive feminine hygiene product sales in the coming years.
With approximately 49% of the global population being female and nearly 65% of them falling between the ages of 15 and 65, feminine hygiene product manufacturers have a significant opportunity for growth. Government organizations are prioritizing women’s health and hygiene through various awareness programs and funding activities covering a range of topics, including menstruation, puberty, and the benefits of using hygiene products.
In rural areas of developing economies worldwide, government organizations distribute sanitation kits to girls enrolled in government schools and colleges. For example, in South Africa, the Department of Education in KwaZulu-Natal (KZN) allocated 50 million in 2017 to distribute sanitary towels and napkins to various schools in the region.
Additionally, the rising female populations in India, Ghana, and Nigeria present lucrative opportunities for the industry. To address disposal concerns, reusable menstrual cups made of medical grade silicone or latex have been introduced, lasting up to five years and costing between US$ 20 and US$ 50 per pack. Such innovative products are expected to drive market growth.
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Key Takeaways from Feminine Hygiene Products Market Study
- The United States accounts for more than 86% of North America’s overall value share.
- The industry is expected to expand at a rate of 8.4% by 2033.
- China’s market for feminine hygiene products is developing at a 7.7% CAGR and is expected to account for 82% of the East Asian market by 2033.
Who is Winning?
Some of the leading manufacturers of the feminine hygiene products market are focusing on mergers and acquisitions for global expansion. Thus, enhancing their market presence.
The key market players covered by FMI include Procter and Gamble, Johnson and Johnson, the Kimberly-Clark Corporation, Svenska Cellulosa Aktiebolaget SCA, Sanofi S.A, Lil-lets UK Limited, Ontex, Unicharm Corporation, Diva International Inc., and Edgewell Personal Care.
Why Future Market Insights?
- Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
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Feminine Hygiene Products Market by Category
Product type:
- Sanitary Napkins
- Tampons
- Menstrual Cup
- Panty liners
- Feminine Hygiene Wash
Distribution Channel:
- Hypermarket
- Supermarket
- Convenience Stores
- Department Stores
- Retail Pharmacies
- Online Purchase
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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