Rise in awareness regarding availability of other safety sanitary protections during menstruation and availability of different sizes are expected to propel the growth of the am menstrual cups market.
According to the report published by Allied Market Research, the Vietnam menstrual cups market accounted for $1.5 million in 2018 and is anticipated to garner $2.3 million by 2026, registering a CAGR of 5.2% during the forecast period.
Rise in awareness regarding availability of other safety sanitary protections during menstruation and availability of different sizes are the major factors that boosted the growth of the Vietnam menstrual cups market. However, availability of substitutes, cost of menstrual cups, cultural resistance, and limited level of acceptance of the sanitary protections hamper the market growth. On the contrary, growth in awareness regarding eco-friendly sanitary protection alternative and increase in awareness campaign are expected to create lucrative opportunities in the near future.
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The Vietnam menstrual cups market is segmented on the basis of product type, material, and distribution channel. Based on product type, the market is divided into reusable menstrual cups and disposable menstrual cups. The reusable menstrual cups segment held the largest share in 2018, contributing more than two-thirds of the market. However, the disposable menstrual cups segment is estimated to register the fastest CAGR of 4.6% during the forecast period.
On the basis of material, the market is bifurcated medical grade silicones, natural latex rubber, and thermoplastic elastomer. The medical-grade silicones segment dominated the market in 2018, accounting for more than four-fifths of the market. However, the thermoplastic elastomer segment is estimated to register the fastest CAGR of 5.8% during the forecast period.
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Based on distribution channel, the market is divided into online stores and pharmacies/retail stores. The online store segment held the largest share in 2018, contributing nearly four-fifths of the market. However, the pharmacies/retail stores segment is estimated to portray the fastest CAGR of 6.1% during the forecast period.
The market report includes an in-depth analysis of the major market players such as Diva International Inc., Anigan, Jaguara, s.r.o., Fleurcup, Lune Group Oy Ltd., Lingroup Co., Ltd. (Lintimate), Me Luna GmbH, Lena Cup, Mooncup Ltd., YUUKI Company s.r.o., and OVA Vietnam Company Limited, Sterne (Si-Line).
Report Attribute | Details |
Market size available for years | 2019 – 2026 |
Base year considered | 2020 |
Forecast period | 2020 – 2026 |
Forecast units | Value (USD) |
Segments covered | By Product Type, Material, and Distribution Channel |
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