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Feminine Hygiene Product Sales to Rake in Whopping US$ 39 Bn by 2031

05-24-2022 11:55 PM CET | Health & Medicine

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Feminine Hygiene Product Market 2022

Feminine Hygiene Product Market 2022

Feminine Hygiene Product Market 2022

The global Feminine Hygiene Product Market is expected to go great guns in the next 10 years. It is slated to reach US$ 39 Bn by the year 2031. The CAGR would be 6.1%. With mixed reality in the foray, virtual objects could be integrated with the real-life ambience, thereby rendering simultaneous manipulation of digital twins. In other words, digital twinning is expected to be the future of healthcare vertical in the forecast period.

The feminine hygiene products market amounted to a net worth of US$ 21.5 Bn in 2020, and is anticipated to attain a market valuation of US$ 39 Bn by the end of the decade, since analysts at Persistence Market Research have predicted the market to progress at a healthy CAGR of 6.1% through 2031.

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Feminine hygiene has gained substantial importance over the past decades and this importance is only expected to increase as awareness regarding hygiene rises across the globe. Increased per capita disposable across various regions in the world and emergence of low-cost hygiene products are two major factors that are boosting sales of feminine hygiene products.

However, low awareness about feminine hygiene in underdeveloped economies is expected to restrain the market from expanding at its full potential. Allergies and infections associated with certain materials used in these products are also expected to adversely affect overall market growth.

Prime players in the industry are investing in reaching out to untapped markets, are focusing on increasing awareness regarding feminine hygiene, and are adopting organic as well as inorganic growth strategies to boost their sales across regions.

Recently, Viveca Biomed announced its plans of expanding globally and exporting its innovative feminine hygiene products worth 2 to 3 million euros. The company has also announced that it would be doubling its workforce by the end of this year as production as its Ashington facility increases.

Feminine hygiene care brand Moons, in August 2021, announced the launch of its new and liner system, which would change the way menstruators experience their monthly cycles. The product is designed to protect from leaks during periods, which is a common issue among women, and is intended to provide 100% leakproof reliability.

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Company Profiles:

Lil-lets UK Limited
Edgewell Personal Care
Ontex
Sanofi
Johnson & Johnson
Svenska Cellulosa Aktiebolaget SCA
Unicharm Corporation
Procter and Gamble
Diva International Inc.
Kimberly-Clark Corporation
Others.

Key Takeaways from Market Study

Over the next ten years, the feminine hygiene products market is expected to expand at a CAGR of 6.1%.
The market in China is expected to rise at the fastest pace over the decade.
Sanitary napkins and are predicted to dominate the market in terms of market share.
Sales forecasts for feminine hygiene products for 2031 are anticipated to be around US$ 39 Bn.
In terms of value, the retail pharmacies segment is expected to dominate the market over the forecast period.
Demand for feminine hygiene products is expected to be driven by rising awareness regarding feminine hygiene, increasing per capita disposable income, growing standards of living, etc.

"Demand for feminine hygiene products in emerging and developing economies is expected to see a major boost as disposable income increases and lifestyle changes," says a Persistence Market Research analyst.

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Feminine Hygiene Product Market - Report Highlights

A detailed overview of parent market of Feminine Hygiene Product Market
Changing Feminine Hygiene Product Market dynamics in the industry
In-depth segmentation of Feminine Hygiene Product Market
Historical, current, and projected Feminine Hygiene Product Market size regarding volume and value
Recent industry trends and developments in Feminine Hygiene Product Market
Competitive landscape of Feminine Hygiene Product Market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Feminine Hygiene Product Market performance
Must-have information for Feminine Hygiene Product Market players to sustain and enhance their market footprint

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Contact Us:

Persistence Market Research
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Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
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About PersistenceMarketResearch:

PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against rep/uted organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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