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Product Innovations and Advancements in Technology to Boost Intimate Wipes Market Growth

04-07-2021 04:18 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Intimate Wipes Market

Intimate Wipes Market

The global intimate wipes market is prognosticated to increase growth on the back of the rising inclination toward healthy lifestyles and the need to maintain personal hygiene.
Introduction of new products with advanced features and more convenience could create a whole lot of opportunities in the global intimate wipes market. Manufacturers are expected to gain traction in the global intimate wipes market with the consumer shift toward time-saving products.

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Launch of different variants could help them to secure a strong foothold in the global intimate wipes market. On the other hand, the use of natural materials in the manufacture of intimate wipes is anticipated to help players to gain strong demand in the global market.

However, the demand in the global intimate wipes market could decline due to increasing knowledge about side effects such as skin rashes. Nevertheless, manufacturers have been keen on using natural materials and high-quality raw materials to reduce the incidence of side effects due to the use of intimate wipes.

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Moreover, high consumer preference for natural products is expected to work in the favor of manufacturers focusing on the use of natural materials. All of these factors could augur well for the global intimate wipes market.

Fact.MR envisions the global intimate wipes market to post a 4.6% CAGR between 2017 and 2022. Among different types of products offered in the global intimate wipes market, wet wipes could gain a larger share by the end of the said forecast period.

They are foreseen to create an absolute revenue opportunity of US$32.8 mn in the global intimate wipes market. Their intimate wipes market could be valued at a US$170.0 mn as it posts a steady CAGR during the course of the forecast period. On the basis of revenue, wet wipes are projected to account for a 68.0% share of the global intimate wipes market.

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By distribution channel, the global intimate wipes market is segregated into different segments, viz. e-commerce, convenience stores, drug stores, modern trade, and other retail formats.

Among these distribution channels, modern trade is forecast to stay at the top of the global intimate wipes market in terms of revenue share. It could show an above average CAGR during the forecast period. Currently, it collects a commanding share of 35.0% of the global intimate wipes market.

On the basis of application, the global intimate wipes market is divided into odor prevention and freshness, itch relief, dryness relief, and other segments. Among these, dryness relief is predicted to secure a higher share of the global intimate wipes market.

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Intimate wipes cancel the need for skin lotions for dry intimate areas as they moisturize them exceptionally well. By type of material, the global intimate wipes market is bifurcated into bamboo velour, microfiber, cotton flannel, and cotton terry wipes.
Among these, cotton ferry wipes are expected to show higher sales in the global intimate wipes market. Currently, they account for a third of the total share of the global intimate wipes market.

Geographically, Europe is envisaged to collect a king’s share of the global intimate wipes market. Moreover, it could continue to dominate the global intimate wipes market for the next few years. It is also prophesied to exhibit a steady CAGR in the global intimate wipes market.

European countries could show higher sales of intimate wipes in the coming years. Furthermore, the region is predicted to enlist itself as one of the most attractive geographies of the global intimate wipes market. However, APEJ could post a higher CAGR in the global intimate wipes market. This region could receive support from positive factors such as improving disposable income and rising living standards.

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