iCrowd Newswire – Jul 22, 2020
The Global Menstrual Cup Market is estimated to grow at a CAGR of 5.3% during the forecast period 2019-2026. As per the detailed market study, the global menstrual cup industry was valued $632 million in the year 2018 and is anticipated to reach $963 million by the end of the year 2026.
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A menstrual cup is a feminine hygiene product used during menstruation by inserting it into the vagina for maximum 12 hours to prevent menstrual fluid to come out. Menstrual cups are made up of medically graded researched material such as thermoplastic elastomer, silicone or latex that are safe to be inserted inside the body and are available in the market in various sizes.
The global menstrual cup market is driven by various growth factors such as increase in awareness for advanced feminine hygiene products, rise in awareness related to benefits of using menstrual cups such as it can help to prevent odour, hold more blood than tampon and pads and more hygienic as compared to the tampons and pads. Whereas, the process to insert or remove the menstrual cups are not easy and can be messy and can cause allergic reaction in some cases that may impede the growth of the menstrual cup market. On the contrary, increasing focus of manufacturers and researchers towards product innovation and rising intent towards using organic and biodegradable materials in menstrual cups offer lucrative opportunities for the market players operating in the global menstrual cup market.
Segmentation Overview of the Global Menstrual Cup Market
The global menstrual cup market is segmented based on product type, material type, and end user. The segmentation study offers detailed market study
The Product Type Segment of the Global Menstrual Cup Market is Sub-Segmented into:
The Material Type Segment of the Global Menstrual Cup Market is Sub-Segmented into:
- Thermoplastic Elastomer
- Natural Rubber
- Medical Grade Silicone
The Distribution Channel Segment of the Global Menstrual Cup Market is Sub-Segmented into:
- Online Stores
- Pharmacies & Retail Stores
Competitive Insights of the Global Menstrual Cup Market
Vcup, Anigan, FEMCAP, The Keeper, Inc., Lunette, Yuuki Company s.r.o., The Flex Company, Saalt, LLC, Sterne (Si-Line), Me Luna GmbH, Mooncup Ltd., Lena Cup, Lune Group Oy Ltd., Jaguara, s.r.o., Intimina, Fleurcup, Diva International Inc. and Blossom Cup and among others are some major players included in the research study of the global menstrual cup market.
Geographical Overview of the Global Menstrual Cup Market
The North-America Menstrual Cup Market dominated the global marketplace in the year 2018 with ~50% of the market share and is anticipated to maintain the dominance over the forecast period. The regional market dominance is attributed to increase in number of women population and growth in demand of eco-friendly feminine hygiene products. The Asia-Pacific Menstrual Cup Market is estimated to grow at the fastest CAGR of 6.8% during the forecast period 2019-2026. The regional market growth is attributed to increase in number of working women populations in the region and increase in campaigns to promote the awareness related to the benefits of using menstrual cups.
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Keywords: Menstrual Cup