- Medical Devices
- Wednesday, 06 Jan 2021
Menstrual Cup Market Anticipated to Grow Rapidly During 2027
According to The Insight Partners market research titled ‘Menstrual Cup Market to 2027 - Global Analysis and Forecasts by Product Type, Size, Material and Distribution Channel.’ The global menstrual cup market is anticipated to reach US$ 636.16 Mn in 2027 from US$ 406.70 Mn in 2019. The market is anticipated to grow with a CAGR of 5.9% from 2019-2027. The report provides the trends prevailing in the global menstrual cup market and the factors driving the market along with those that act as hindrances.
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The List of Companies - Menstrual Cups Market
- Diva International Inc.
- Lunette Menstrual Cup
- The Keeper Inc.
- Mooncup Ltd
- Anigan Inc.
- Procter & Gamble
- Me Luna
- YUUKI COMPANY S.R.O.
- Silky Cup
- Earth Care Solution
The global menstrual cup market, based on the product type, is segmented into disposable and reusable. The reusable segment led the menstrual cup market in 2019, and; it is expected to retain its dominance during the forecast period owing to gaining popularity over disposable sanitary pads and tampons as they are easy to use, comfortable, cost-effective and eco-friendly.
Key factors that are driving the growth of the market are increasing popularity of menstrual cups, infections due to sanitary pads and tampons. Although the market is expected to have restraining factors, which include disadvantages of menstrual cups products such as safety issues associated with the use of menstrual cups, menstruation-related toxic shock syndrome (TSS) among women, along with some advantages, the menstrual cups comprise of more disadvantages such as, removal can get messy, it could interfere with an IUD, the difficulty of insertion for some due to which some women are not able to adopt the menstrual cups.
The report segments Global Menstrual Cup Market as follows:
Global Menstrual Cup Market - By Product Type
- Disposable
- Reusable
Global Menstrual Cup Market - By Size
- Small
- Medium
- Large
Global Menstrual Cup Market - By Material
- Medical Grade Silicone
- Natural Rubber
- Thermoplastic Elastomer(TPE)
Global Menstrual Cup Market - By Distribution Channel
- Online Stores
- Pharmacies
- Retail Stores
The menstrual cup market is expected to gain substantial growth opportunities from the growing adoption of advanced lifestyle in women and developing urbanization. Also, the female labor force participation is highest in some developed and developing countries worldwide.
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The increase in the percentage of working women upsurge the sales of feminine hygiene products at a significant rate. This number is significantly increasing in developed and developing nations such as, in 2016, in the US, women’s participation in labor economics has doubled from 34% of working-age women in 1950 to ~57%. Moreover, most of the American women manage their periods with a combination of disposable pads and tampons, while a combined 2 to 3% opt for reusable products. According to the Bureau of Labor Statistics (2020), women held approx. 50.04% of American jobs as of December, excluding self-employed and farmworkers.
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