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Feminine Hygiene Products Market Demand, Analysis, Future Growth, Emerging Trends and Forecast Period: 2020-2027 Focusing on Top Key Vendors like Procter & Gamble, Kimberly-Clark, Johnson & Johnson, Edgewell Personal Care
Feminine hygiene products such as sanitary napkins, menstrual cups, and tampons are the necessities of a girl or woman of menstruating age. These products help females in the proper management of periods, thereby helping them avoid contracting infections caused due to improper practices during periods. The prices of sanitary products are significantly high in a few countries, which has led to its limited sales.Growth strategies such as product launch have been significantly witnessed in the feminine hygiene products market, which has helped the company to strengthen its customer base. For instance, in October 2019, Unicharm launched the cool sanitary napkin named 'Sofy COOL' in India. The launched product comes along with a revolutionary "Coolpad Technology," which gives a feeling of coolness for an "Irritation Free Period."
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Top Key Vendors Profiling in this Study:
o Procter & Gamble
o Kimberly-Clark Corporation
o Johnson & Johnson Services, Inc.
o Edgewell Personal Care
o Bodywise (UK) Limited
o Unicharm Corporation
o Lil-Lets UK Limited
o Ontex
o Kao Corporation
o Essity Aktiebolag (publ)
Major factors boosting the growth of the market include increasing awareness regarding feminine hygiene and the availability of feminine hygiene products at an affordable price. However, the occurrence of infections among women by using these products is hampering the growth of the market.
The global feminine hygiene products market, based on the product, was segmented into cleaning & deodorizing products and menstrual care products. In 2018, the menstrual care products segment accounted for the largest market share in the global feminine hygiene products market by product. Rise in the disposable income compared with the availability of innovative products for female health is anticipated to fuel the growth of the segment at a significant rate during the forecast period.
The report analyzes factors affecting Feminine Hygiene Products market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Feminine Hygiene Products market in these regions.
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Several companies in the market are concentrating on organic strategies, such as product launch and product approvals. For instance, in October 2019, Unicharm launched the cool sanitary napkin 'Sofy COOL' in India. The newly introduced product comes along with a revolutionary "Coolpad Technology," which gives a feeling of coolness for an "Irritation Free Period."
The menstrual care products segment is expected to grow at a significant pace over the forecast period.
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