Press release
Menstrual Cups Market in Vietnam Is Expected To Exhibit 5.2% CAGR By 2026 | Diva International Inc., Fleurcup
Vietnam Menstrual Cups Market
The research report published by Allied Market Report states that the Vietnam menstrual cups market is estimated to reach $2.264 million by 2026. The report provides an in-depth analysis of growth factors, opportunities, market trends, key segments, and competitive landscape. Current market conditions and the future scenario of various regions have been analyzed in the report to help market players in devising expansion strategies. Moreover, it includes country-wise analysis of each region. Product portfolio and business segments of leading market players outline the competitive scenario. The report provides insights to help investors, stakeholders, and new entrants to determine potential opportunities and tap on them to gain competitive advantage.
The reusable menstrual cups segment accounted for around two-thirds of the total market share in 2018.
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Menstrual cups are used during menstruation to collect menstrual fluid. They differ from sanitary napkins and tampons as these cups collect menstrual blood instead of absorbing it. There are two types of menstrual cups such as disposable and reusable. The reusable cups can be used for up to five years or more. This reduces their long-term cost than that of disposable tampons or pads, though the initial cost is higher. Menstrual cups are also promoted as more practical and eco-friendlier than pads and tampons. Furthermore, the reusable menstrual cups are greatly decreasing the amount of waste generated from menstrual cycles.
Vietnam menstrual cups market is expected to exhibit significant growth during the forecast period due to increase in awareness among the population about the available options during menstruation. Huge number of awareness campaigns conducted by women communities, educational institutes, and non-profit organizations also boost the growth of the market. In addition, rise in women populace coupled with high costs of sanitary pads and tampons further fuels the market growth. However, additional substitutes as well as high cost of menstrual cups coupled with cultural resistance and limited level of acceptance of these sanitary protections are expected to hamper the market growth. On the contrary, rise in awareness about eco-friendly and safety sanitary protections is anticipated to create lucrative opportunities for the menstrual cup manufacturers in Vietnam in the near future.
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Based on product type, the reusable menstrual cups segment was the highest contributor to the Vietnam menstrual cups market, owing to the increasing demand for eco-friendly goods and rising awareness about menstrual care product options. In addition, presence of the major products from the key players in the country further boosts the market growth.
Based on material, the thermoplastic elastomer segment is expected to exhibit the highest CAGR during the forecast period as it is recyclable, which renders menstrual cups to be environment-friendly.
The Major Key Players Are:
• Anigan
• Diva International Inc.
• Fleurcup
• Jaguara
• s.r.o.
• Lingroup Co., Ltd. (Lintimate)
• Lune Group Oy Ltd.
• Lena Cup
• Mooncup Ltd.
• Me Luna GmbH
• OVA Vietnam Company Limited
• Sterne (Si-Line)
• YUUKI Company s.r.o.
• others.
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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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