NEW YORK, Aug. 14, 2023 /PRNewswire/ -- The feminine hygiene products market is estimated to grow at a CAGR of 5.72% between 2022 and 2027. The size of the market is forecast to increase by USD 11,407.53 million, according to Technavio. Aggressive marketing by companies is the key factor driving market growth. Some major grocery stores and pharmacies have created a section dedicated to feminine hygiene products to make them easier to see. The companies are introducing new and innovative products, along with advertisements to target the younger generation particularly female consumers, to purchase feminine hygiene products. Companies work to get their products high visibility and establish brand identity. The company focuses on raising awareness of these products through such initiatives. Hence, these factors are expected to drive market growth during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request sample report
Feminine Hygiene Products Market 2023-2027: Scope
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The feminine hygiene products market report covers the following areas:
- Feminine Hygiene Products Market 2023-2027 Size
- Feminine Hygiene Products Market 2023-2027 Trends
- Feminine Hygiene Products Market 2023-2027 Industry Analysis
Feminine Hygiene Products Market 2023-2027: Company Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors must focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market companies also must leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Albaad Deutschland GmbH, Fieldstore Ltd, Corman SpA, COTTON HIGH TECH SL, Diva International Inc., Edgewell Personal Care Co., Essity Aktiebolag, First Quality Enterprises Inc., Hengan InternatiProcter,oup Co. Ltd., Johnson and Johnson, Kao Corp., Kimberly Clark Corp., Nature Abani Biotic Pvt. Ltd., Ontex BV, Sanofi SA, The Honest Co. Inc., The Procter and Gamble Co., Torunskie Zaklady Materialow Opatrunkowych, Unicharm Corp., and Unilever PLC are among some of the major market participants.
Company Offering
- Albaad Deutschland GmbH - The company offers feminine hygiene products such as wet wipes, household towels, and flushable wipes.
- Diva International Inc - The company offers market products under the Playtex, Stayfree, Carefree, and o.b. brands.
- Kimberly Clark Corp - The company offers feminine hygiene products under its brand Kotex, Intimus, and Camelia.
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Feminine Hygiene Products Market 2023-2027: Market Dynamics
Major Trends
The rapid growth of e-commerce is a major trend in the market. This has made it easier for customers to browse and purchase a wide range of Feminine products available online. This facilitates the shopping experience and allows manufacturers to increase brand awareness and loyalty. fast delivery services and the availability of a wide range of products at competitive prices are the key factors for the success of online retail. Furthermore, suppliers are offering a wide range of feminine hygiene products and building a broad customer base for their products due to the rapid spread of the Internet. Therefore, the rapid growth of e-commerce is expected to drive market growth during the forecast period.
Significant Challenges
The prevalence of side effects is one of the significant challenges restricting market growth. Feminine hygiene products such as sanitary napkins cause multiple side effects such as infections that can affect the overall health of users, which has led to growing concerns over their use, negatively impacting the market. The main symptoms of this condition are vomiting, low blood pressure, diarrhea, dizziness, skin rash, red eyes, and high fever. Hence, these kinds of side effects are expected to restrict market growth during the forecast period.
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Feminine Hygiene Products Market 2023-2027: Segmentation
Feminine Hygiene Products Market is segmented as below:
- Distribution Channel
- Offline
- Online
- Product
- Sanitary Napkins
- Tampons
- Pantyliners
- Menstrual Cups
- Feminine Hygiene Wash
- Geography
- Europe
- North America
- APAC
- South America
- Middle East And Africa
The market share growth in the offline segment will be significant during the forecast period. Department stores, supermarkets, hypermarkets, pharmacies, and convenience stores are included in this segment. Merchants use advertising and marketing strategies such as branding through signage and discounts on feminine hygiene products sold in stores. Feminine hygiene products have long been on the shelves at retailers like Walmart and Walgreens. In addition, stores also offer easy navigation, area signs, and kiosks to help consumers find the products they are looking for. Therefore, these factors are expected to drive segment growth during the forecast period.
Europe is projected to account for 34% of market growth by 2023. The growth of the European market has led to an increase in the number of working women, especially in countries such as the United Kingdom, France, and Germany, where women can economically invest in hygiene products such as menstrual cups and tampons to meet their hygiene needs. This growth is due to increased awareness programs for the use and introduction of new feminine hygiene products with organic ingredients in a variety of colors, shapes, sizes, and prices.
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Feminine Hygiene Products Market 2023-2027: Key Highlights
- CAGR of the market during the forecast period 2023-2027
- Detailed information on factors that will assist feminine hygiene products market growth during the next five years
- Estimation of the feminine hygiene products market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the feminine hygiene products market
- Analysis of the market's competitive landscape and detailed information on companies
- Comprehensive details of factors that will challenge the growth of the feminine hygiene products market, companies
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Related Reports
The feminine hygiene wash market is estimated to grow at a CAGR of 5.26% between 2022 and 2027. The size of the market is forecast to increase by USD 121.55 million. Furthermore, this report extensively covers market segmentation by distribution channel (offline and online), end-user (female teenagers and female adults), and geography (APAC, North America, Europe, South America, and Middle East and Africa). The advertising and promotion of feminine hygiene wash products is a key factor driving the growth of the market.
The feminine douching products market is estimated to grow at a CAGR of 3.21% between 2022 and 2027. The size of the market is forecast to increase by USD 48.4 million. Furthermore, this report extensively covers market segmentation by type (devices and liquids), distribution channel (offline and online), and geography (Europe, North America, APAC, South America, and the Middle East and Africa). The increased awareness about feminine hygiene is a key factor driving the growth of the market.
Feminine Hygiene Products Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.72% |
Market growth 2023-2027 |
USD 11,407.53 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
4.86 |
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
Performing market contribution |
Europe at 34% |
Key countries |
US, China, Japan, UK, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Albaad Deutschland GmbH, Fieldstore Ltd, Corman SpA, COTTON HIGH TECH SL, Diva International Inc., Edgewell Personal Care Co., Essity Aktiebolag, First Quality Enterprises Inc., Hengan International Group Co. Ltd., Johnson and Johnson, Kao Corp., Kimberly Clark Corp., Nature Abani Biotic Pvt. Ltd., Ontex BV, Sanofi SA, The Honest Co. Inc., The Procter and Gamble Co., Torunskie Zaklady Materialow Opatrunkowych, Unicharm Corp., and Unilever PLC |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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Website: www.technavio.com
SOURCE Technavio
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