NEWARK, Del, Aug. 26, 2022 (GLOBE NEWSWIRE) — According to Future Market Insights (FMI), the global menstrual cup market size is likely to reach $835.6 million by 2022. With a rapidly expanding market menstrual hygiene products market and growing awareness of the benefits of menstrual cups, total sales are expected to grow at a CAGR of 6.3% between 2022 and 2032, totaling a valuation of around US$1,557.8 million by 2032.
Over the years, menstrual cups have become an ideal alternative to products like pads and tampons due to their lower cost, increased safety, and eco-friendly nature. These menstrual cups are increasingly used by women to cope with their menstrual period.
The increased awareness among the female population of the benefits of these menstrual hygiene products is giving a huge boost to the growth of the menstrual cup market. Similarly, various initiatives taken by government and non-government organizations to educate women about menstruation and feminine hygiene products will encourage sales of menstrual cups during the evaluation period.
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The informative guide on the product description of menstrual cups, the raw materials used during manufacture and the instructions for use help create transparency between manufacturers and consumers. Such transparency will have a positive impact on the demand for menstrual cups in the market.
In addition to this, the improvement in healthcare infrastructure and continuous product launches that will help take care of women’s menstrual and hygiene issues more efficiently will drive the growth of the market during the forecast period.
Key takeaways from the Menstrual Cups market study
By product type, the reusable menstrual cup segment has the highest volume share with around 64.3% in the global menstrual cup market
Based on material type, the silicone segment is expected to hold a significant share of around ~43% in the total menstrual cup market during the forecast period.
· By sales channel, online retailers and drug stores and pharmacies together have a significant share of over ~35% of the global menstrual cup market.
· Asia-Pacific and North America together will have the largest share of the menstrual cup market during the evaluation period.
The German menstrual cup market is anticipated to grow at a CAGR of 5.9% during the forecast period.
· With the growing preference for sustainable menstrual hygiene products, demand for menstrual cups is expected to grow at a healthy rate in the US over the next ten years.
“Manufacturers are formulating strategies for product line expansion and product innovation to meet all kinds of customer requirements. They are also focusing on new ways of marketing to make feminine hygiene products known in the international market.” Says an IMF analyst.
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The major menstrual cup manufacturers focus on aggressive promotional strategies, announcements and new product launches that have driven the sales growth of the menstrual cup market globally.
The main players present in the menstrual cup market are Blossom Cup, Diva International Inc., Fleurcup, INTIMINA, Jaguara sro (LadyCup), Lena Cup LLC, Silky Cup, Chemco Group, Mooncup Ltd., The Flex Company, Me Luna Gmbh , Soch Green, Procter and Gamble, The Keeper Inc. and Saalt LLC., among others.
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Future Market Insights, in its new offering, provides an unbiased analysis of the global menstrual cup market, presenting historical demand data (2017-2021) and forecast statistics for the period 2022-2032. The study discloses compelling information on the menstrual cup market based on the menstrual cup market by product type (reusable and disposable menstrual cups), material type (thermoplastic elastomer, rubber and silicone) sales channel (direct sales, specialty stores , pharmacy). , department stores, online retailers and other sales channels) in seven major regions.
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Table of Contents
1. Executive Summary
1.1. World Market Outlook
1.2. Summary of key findings
1.3. Summary of key statistics
1.4. IMF analysis and recommendations
2. Market Overview
2.1. market taxonomy
2.2. Market definition
3. Key market trends
3.1. Key trends affecting the market
3.2. Product Innovation Trends
4. Global Menstrual Cup Market Demand Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Volume Analysis (units), 2017-2021
4.2. Current and future market volume projections (units), 2022-2032
4.3. Year-on-year growth trend analysis
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