The Global Menstrual Cups Market is anticipated to reach USD 1514.01 million by 2023, as per a new detailed report by Market Research Future (MRFR). It is expected to exhibit a 3.50% CAGR during the assessment period (2018-2023). The rise in the women populace coupled with high costs of sanitary pads and tampons are expected to drive market growth over the forecast period. Demand for eco-friendly feminine hygiene products can bode well for the market.
Global Menstrual Cup Market – Key Players
Some of the players operating in the Global Menstrual Cup are Diva International Inc. (Canada), Lune Group Ltd (Finland), The Keeper Inc. (US), Mooncup (UK), Intimina (Sweden), Me Luna (USA), Ruby Cup (UK) and others.
Global Menstrual Cup Market – Summary
The Menstrual Cup is a substitute for sanitary napkins. These cups are used during menstrual cycle. It is made of medical grade silicone, they are shaped like a bell and is flexible. Instead of absorbing the flow, like a tampon or pad, it collects and holds menstrual blood. . The shelf life of the product is approximately ten years. The cup is an ecofriendly product that can be used single time or multiple times as these are easy to use and carry. The cup need to be emptied once it is full. The cup must be washed to be used two to four times in a day. The Global Menstrual Cup Market will grow steady at the CAGR of 5% during the forecasted period of 2017-2023.
During the last decade, feminine hygiene product has acquired a huge attention. A menstrual cup is a feminine hygiene product which is used as a substitute for sanitary napkins. Now-a-days, a number of different materials are used for the manufacturing of these products. Increasing awareness about the hygiene, growing healthcare expenditure, and increasing government support drives the market growth. Many private and government organizations are conducting different seminars to educate and increase the awareness about the menstrual cups.
Inadequate menstrual hygiene can led to a negative mental and physical consequences. In India, 70% of reproductive diseases are occurring due to poor menstrual hygiene. Unclean methods of maintaining menstrual hygiene caused by a lack of resources, or lack of education on the usage of products, can lead to infections of skins to something more fatal, like toxic shock syndrome. Lack of education in developing region and availability of the substitutes in the market and presence of huge competition in the market.
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Global Menstrual Cup Market – Competitive Analysis
With the entry of industry players in the menstrual cup segment, a trend of solid, volume-driven growth has been observed in the market with the development of different varieties of product types. The companies are aiming to capture a considerable share of the market segment as early as possible, they are competing and experimenting with various advantage points. To attract the customers the companies have launched the products of different materials and in different sizes. Some companies have adopted the strategy of acquisition and collaboration to expand their market and minimize the competition.
Global Menstrual Cup Market – Segments
The Global Menstrual Cup Market has been divided into types, usage, end users, and region.
On the basis of types, the market is segmented into hollow, pointy, flat, round and others. On the basis of usage, the market is segmented into disposable and reusable. On the basis of end users, the market is categorised into hospitals, clinics and individual woman. On the basis of region, the market is segmented into America, Europe, Asia Pacific and the Middle East & Africa.
Global Menstrual Cup Market – Regional Analysis
The global menstrual cup market is segmented into America, Europe, Asia Pacific, and the Middle East & Africa. Global menstrual cup market is highly dominated by America and Europe owing to the presence of huge players, and more attention toward the health hygiene. Asia Pacific is expected to be the fastest growing market due to presence of huge opportunity and untapped market. India and China are the major contributor for the Asia Pacific market. On the other hand, the Middle East & Africa show the steady growth due to the poor economic condition especially in Africa region.
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Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
Continued….
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