Feminine Hygiene Product Market To Ride On Data-Driven Innovation Intelligence At A CAGR Of 6.1%

New York, United States, 2022-May-23 — /EPR Network/ —

The global Feminine Hygiene Product Market is expected to reach US$ 39 Bn by the year 2031 at a CAGR of 6.1%. Healthcare systems have been basically emphasizing on affordability as well as quality of the medical services. However, now, digitization has come through, which would drive revolution in the same healthcare vertical. The life sciences would go digitally innovative. This would be the way healthcare vertical would go in the next 10 years.

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.

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.

Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/3226

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 tampon 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.

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.

Request for Methodology@ https://www.persistencemarketresearch.com/methodology/3226

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 tampons 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.

Access Full Report@ https://www.persistencemarketresearch.com/checkout/3226

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics of the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and product offerings
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance
• Must-have information for market players to sustain and enhance their market footprint

Access Related Reports-

Robotic Surgery Market- https://www.persistencemarketresearch.com/market-research/robotic-surgery-market.asp

Medical Marijuana Market- https://www.persistencemarketresearch.com/market-research/medical-marijuana-market.asp

About us: Persistence Market Research

Contact us:

Persistence Market Research          
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com