A report by The Insight Partner’s on the Menstrual Cups Market discusses the growth of the market in great detail. It discusses thoroughly all factors promoting and deterring the market. The report also focuses on the competitive dynamics in the market by monitoring the strengths and weaknesses of prominent contributors and their key products.
The Menstrual Cup market is expected to reach US$ 636.16 Mn in 2027 from US$ 406.70 Mn in 2019. The market is estimated to grow with a CAGR of 5.9% from 2019-2027.
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Infections Due to Sanitary Pads and Tampons
Menstruation is still considered as a taboo in many countries across the world and hence is a big hurdle in the management of menstrual hygiene. In rural areas of developing countries, women are not aware of menstruation and thus face many challenges and difficulties at home, schools, and workplaces. Women are less aware of the infections caused due to poor menstrual hygiene. An excessively damp pad can cause urinary tract and vaginal infections. Sanitary napkins also cause a rash, which further leads to itching, swelling, and redness. Using unclean pads can lead to fungal infections. Using a pad for a long time can cause vaginal yeast infections and rashes.
If tampons are inserted for an extended period, it causes toxic shock syndrome, due to which the bacteria infiltrate the body, which further leads to severe infection. Tampons cause Toxic Shock Syndrome, which is caused due to overgrowth of bacteria called Staphylococcus aureus or staph that release poisonous substances into the body. Some women forget tampons inside, which can be disastrous.
Thus such infections due to sanitary pads and tampons enhance the adoption of menstrual cup that proportionally helps to upsurge the market growth during the forecast period.
Rising Disposable Income
The menstrual cup market is expected to gain substantial growth opportunities from the growing adoption of advanced lifestyle in women and developing urbanization. Also, the female labor force participation is highest in some developed and developing countries worldwide. The increase in the percentage of working women upsurge the sales of feminine hygiene products at a significant rate. This number is significantly increasing in developed and developing nations such as, in 2016, in the US, women’s participation in labor economics has doubled from 34% of working-age women in 1950 to ~57%. Moreover, most of the American women manage their periods with a combination of disposable pads and tampons, while a combined 2 to 3% opt for reusable products. According to the Bureau of Labor Statistics (2020), women held approx. 50.04% of American jobs as of December, excluding self-employed and farmworkers.
Similarly, in developing economies such as India, have also perceived the surge in the female workforce during recent years. Approximately ~26% of the companies surveyed in India, in 2018, had hired women for Top 5 job roles in the past five years. With increased employment of women, leading to an increase in disposable income and increase the use of feminine hygiene products. Moreover, reduced prices of feminine hygiene products also result in significant demand for these products worldwide, which is likely to drive the market for menstrual cups in the coming years
Research report has been compiled by studying the market in-depth along with drivers, opportunities, restraints & other strategies as well as new-developments that can help a reader to understand the exact situation of the market along with the factors that can limit or hamper the market growth and the report also has been updated with Impacts & effects of Coronavirus pandemic and how it has influenced consumer behavior & the growth of the market as well as industries.
The COVID-19 outbreak is currently going the world over, the Menstrual Cups Market report covers the impact of the corona-virus on top company’s growth. This research report categorizes as the key players in the Menstrual Cups market and also gives a comprehensive study of Covid-19 impact analysis of the market by regions like (Americas, Europe APAC, and EMEA).
The report offers key drivers that propel the growth in the global Menstrual Cups market. These insights help market players in devising strategies to gain market presence. The research also outlined the restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining the potential in untapped regions.
This report focuses on the global Menstrual Cups market with the future forecast, growth opportunity, key market, and key players. The study objectives are to present the Menstrual Cups market development in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.
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