feminine hygiene products market
Healthcare Services

What Will The Feminine Hygiene Products Market Look Like In 2023?

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s feminine hygiene products market report forecasts the feminine hygiene products market size to grow to $35.89 Billion by 2027, with a CAGR (compound annual growth rate) of 6%.

Learn More On The Feminine Hygiene Products Market Report 2023 – https://www.thebusinessresearchcompany.com/report/feminine-hygiene-products-global-market-report

Feminine Hygiene Products Market Size Forecast
The global feminine hygiene products market is expected to grow from $26.87 billion in 2022 to $28.45 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The feminine hygiene products market size is expected to grow to $35.89 billion in 2027 at a CAGR of 6.0%.

Asia-Pacific held the largest feminine hygiene products market share and was the fastest-growing region in 2022.

Key Feminine Hygiene Products Market Driver ­– Growth In Female Population
For instance, according to the Indian government’s fifth National Family and Health Survey (NFHS), India has 1,020 women for every 1,000 men between 2019 and 2021. According to demographic estimates provided by the National Commission on Population under the Ministry of Health and Family Welfare, India’s population will be more feminine and women would have a better future in the next 15 years. The country’s total population sex ratio (females per 1000 males) is predicted to rise by 957 in 2036. Hence, the growing female population drives the growth of feminine hygiene products during the forecast period.

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Key Feminine Hygiene Products Market Trend – Developing Eco-Friendly Feminine Hygiene Products
Ecofriendly feminine hygiene products are made of natural fibers and materials such as wood, bamboo, and hemp that are reusable sustainable alternatives to commercial, mass-produced plastic sanitary pads. For instance, in September 2021, LastObject, a Denmark-based manufacturing company that sells reusable hygiene and skin-care products, announced the launch of its new reusable sanitary towel known as LastPad. It is aimed at reducing waste caused by the disposal of sanitary pads and napkins, which are solely designed for sustainable and reuse purposes.

Feminine Hygiene Products Market Segment
1) By Type: Sanitary Napkins/Pads, Tampons, Panty Liners, Menstrual Cups
2) By Nature: Disposable, Reusable
3) By Distribution Channel: Online Stores, Retail Outlets, Specialty Stores

Feminine Hygiene Products Market Major Players and Strategies
Major players in the feminine hygiene products market are Johnson and Johnson, Procter and Gamble, Kimberly-Clark, Essity AB, Kao Corporation, Unicharm Corporation, Ontex, Hengan International Group Company Ltd., Maxim Hygiene, Unilever PLC, Edgewell Personal Care Company, Svenska Cellulosa Aktiebolaget SCA, First Quality Enterprises, Corman, Lil-lets UK Ltd., Natracare, The Honest Company Inc., Seventh Generation Inc., Vivanion, Masmi, Diva International Inc., TZMO S.A, Daio Paper Corporation, Drylock Technologies, Premier FMCG, Bella, Sanofi, Moxie, and Pee Buddy.

In October 2020, Kimberly-Clark Corporation company, a US-based company that manufactures personal care, paper-based consumer products such as sanitary paper products and surgical and medical instruments Softex Indonesia for an undisclosed amount. This acquisition would engage and accelerates Kimberly-Clark’s growth with a strong market share in the personal care category in Southeast Asia. Softex Indonesia is an Indonesia-based company that is engaged in the manufacturing and marketing of sanitary paper products.

The Feminine Hygiene Products Global Market Report 2023 covers regional data on feminine hygiene products market size, feminine hygiene products market trends and drivers, opportunities, strategies, and feminine hygiene products market competitor analysis. The countries covered in the feminine hygiene products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Feminine hygiene products refer to the products that a woman uses during her menstrual cycle. It is also referred to as menstrual hygiene products. It includes products such as tampons, menstrual cups, sanitary pads, and sea sponges, among others, to manage the symptoms of a woman’s menstrual cycle and to be used during menstruation as panty shields or to protect undergarments from menstrual flow to maintain cleanliness.

View More Reports Related To The Feminine Hygiene Products Market –
Feminine Wipes Global Market Report 2023
Hygienic Pumps And Valves Global Market Report 2023
Technical Textiles Global Market Report 2023

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