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Feminine Hygiene Products Market worth $32.2 billion by 2028 | Key players Drylock Technologies (Belgium), Natracare LLC (US), First Quality Enterprises, Inc. (US).

05-03-2024 04:52 PM CET | Chemicals & Materials

Press release from: MarketsandMarkets

Feminine Hygiene Products Market, Feminine Hygiene Products, Hygiene Products, APAC Feminine Hygiene Products Market

Feminine Hygiene Products Market, Feminine Hygiene Products, Hygiene Products, APAC Feminine Hygiene Products Market

According to recent market research the "Feminine Hygiene Products Market by Nature (Disposable, Reusable), Type (Sanitary Napkins, Tampons, Menstrual Cups), Region (Asia Pacific, North America, Europe, Middle East and Africa, South America) - Global Forecast to 2028", size is projected to grow from USD 24.6 billion in 2023 to USD 32.2 billion by 2028, at a CAGR of 5.5% from 2023 to 2028. Feminine hygiene products are designed to help women maintain cleanliness, comfort, and health during their menstrual cycle and for general vaginal care. These products manage menstrual flow, maintain personal hygiene, and prevent discomfort or odor. The rise in awareness about feminine hygiene management and the increasing disposable income of females drives the market growth.

Browse 264 market data Tables and 45 Figures spread through 230 Pages and in-depth TOC on "Feminine Hygiene Products Market - Global Forecast to 2028"
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By nature, the disposable category dominated the market share in 2022. This category encompasses feminine hygiene products like sanitary pads, tampons. Over the past few decades, disposable absorbent feminine hygiene products have largely supplanted traditional methods of managing worldwide. These products consist of internal tampons, full-sized sanitary napkins or towels designed to safeguard undergarments from light menstrual flow, spotting, or vaginal discharge while ensuring cleanliness. The significant presence of the disposable segment can be attributed to the widespread awareness and extensive use of these convenient feminine hygiene products.

In terms of product type, the sanitary pads category held the most significant market share in 2022. This prominence can be ascribed to the heightened awareness of sanitary pads compared to other feminine hygiene products and their wide accessibility. Notable brands offering sanitary napkins encompass Kotex, Camelia, Always, just., This is L, Stayfree, Carefree, o.b., and Lil-lets.

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In 2022, the Asia Pacific region held the most significant portion of the feminine hygiene products market. The countries under study in this market segment encompass China, India, Japan, Indonesia, Malaysia, and Thailand. The growth in disposable income, rapid urbanization, and increased awareness of menstrual hygiene management are key drivers of the feminine hygiene products market in this region. Additionally, there has been a noteworthy development in India, where the government revealed a commitment to invest USD 160 million in the Suvidha initiative. This initiative aims to ensure widespread access to sanitary napkins in rural areas of the country. Through this scheme, the government plans to provide biodegradable sanitary napkins to the masses at USD 0.00014. The government intends to involve high net-worth individuals (HNIs) and corporations to distribute sanitary napkins to underprivileged women nationwide. These developments will further boost the demand for feminine hygiene products.

Johnson & Johnson (US), Procter & Gamble (US), Kimberly-Clark (US), Essity Aktiebolag (PUBL) (Sweden), Kao Corporation (Japan), Daio Paper Corporation (Japan), Unicharm Corporation (Japan), Premier FMCG (South Africa), Ontex (Belgium), Hengan International Group Company Ltd. (China), Drylock Technologies (Belgium), Natracare LLC (US), First Quality Enterprises, Inc. (US), Bingbing Paper Co., Ltd. (China), TZMO SA (Poland), Redcliffe Hygiene Private Limited (India), The Keeper, Inc. (US), Diva International Inc. (Canada), Tosama (Slovenia), Lambi (Mexico), Cotton High Tech - Cohitech (South Africa), Edgewell Personal Care (US), Bostik (Spain), Corman (Italy) and Seventh Generation (US), among others are the key players operating in the feminine hygiene products market.

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Kimberly-Clark Corporation is one of the prominent manufacturers of various product categories, including family care, baby and childcare, adult and feminine care, personal care, and professional items. It operates across three segments: Personal Care, Consumer Tissue, and K-C Professional (KCP), and its feminine hygiene products are distributed under recognized brands like Kotex, Intimus, and Camelia. These products are sold through various retail channels, including warehouse clubs, mass merchandisers, supermarkets, drugstores, and departmental stores, as well as via distributors and e-commerce platforms. The company has been actively expanding its global presence, particularly in emerging markets like South America, Asia Pacific, and Eastern Europe, and it dedicates a significant portion of its R&D investment to developing new and enhanced personal care materials.

Johnson & Johnson is a leading pioneer in healthcare and personal care solutions. Johnson & Johnson is engaged in the research development, manufacture, and sale of a broad range of products in the healthcare industry. The company operates through three business segments- Consumer Health, Pharmaceutical, and MedTech. The Consumer segment includes a broad range of products used in the baby care, oral care, beauty, over-the-counter pharmaceutical, women's health, and wound care markets. The company's feminine hygiene products are manufactured and sold under the women's health segment. STAYFREE and CAREFREE sanitary pads and o.b. tampons are major brands outside North America. The company's various subsidiaries oversee a total of 89 manufacturing facilities. The Consumer Health segment in the US utilizes four facilities, while the pharmaceutical segment employs five, and the MedTech segment operates 19. Outside the US, the Consumer Health segment operates 23 facilities, the pharmaceutical segment utilizes 13, and the MedTech segment maintains 25.

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