According to a new report published by Allied Market Research, titled, “Menstrual Cup Market by Product Type, Material, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2019–2026,”The global menstrual cup market generated $632 million in 2018 and is expected to reach $963 million by 2026, registering a CAGR of 5.3% from 2019 to 2026. The report also provides detailed information on drivers and opportunities, major investment portfolios, top winning strategies, market size and strategy, competitive landscape, and market dynamics.
What is the menstrual cup?
The menstrual cup is considered to be a next generation female hygiene product that has been designed to fulfil the menstrual needs to women across the world.
Is a menstrual cup worth it?
Menstrual cups offer various advantages over tampons and sanitary products such as the availability of a menstrual cup in different shapes and sizes which can result in fewer leaks, unlike the conventional sanitary pad.
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Menstrual cups are the right choice for an upgrade from pads and tampons. Menstrual cups are easy to use, hygienic, safe and economical. Increasing awareness about the use of menstrual cups as a safe alternative to tampons and other sanitary products is one of the key factors expected to drive market growth during the forecast period.
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Medical Grade Silicones Segment Leading During Forecast –
Based on materials, the medical grade silicones sector generated the largest share in 2018, holding nearly three-quarters of the total market. The demand is on the rise for quality, sustainable and invisible products for women who are growing. The thermoplastic elastomer segment, on the other hand, would quote the fastest TCAC 6.7% until 2019-2026. This is due to its profitable tools and its ability to recycle.
North America will dominate by 2026 –
Based on geography, the North American region accounted for almost half of the total market in 2018 and is expected to dominate the market during the study period. The increase in the number of women and the increase in the demand for feminine hygiene products in the environment are the main factors driving the growth. Meanwhile, the Asia-Pacific region will register the fastest CAGR of 6.8% from 2019-2026. This is due to the increase in campaigns to raise awareness of the benefits of using a menstrual cup and the increase in the number of women working in the sector.
Major Key Market Players in the Industry –
Blossom Cup,
Diva International Inc.,
Fleurcup,
Intimina,
Jaguara,
S.R.O.,
Lune Group Oy Ltd.,
Lena Cup,
Mooncup Ltd.,
Me Luna Gmbh,
Saalt,
LLC,
Sterne (Si-Line),
The Flex Company,
Yuuki Company S.R.O.
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Market: By Region Outlook
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
- LAMEA (Brazil, South Africa, Turkey, Saudi Arabia, Rest of LAMEA)
Key findings of the study –
- Based on component type, the thermoplastic elastomers segment is expected to grow the fastest in the market and is expected to grow at the highest CAGR from 2019 to 2026.
- Based on product type, the reusable menstrual cup segment held the largest share in 2018 and is expected to continue this trend during the forecast period.
- From the distribution channel, the online shopping segment is the largest contributor in 2018 and is expected to continue this trend during the forecast period.
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