According to a new report published by Allied Market Research, titled, “Menstrual Cup Market by Product Type, Material, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2019–2026,”The global menstrual cup market generated $632 million in 2018 and is expected to reach $963 million by 2026, registering a CAGR of 5.3% from 2019 to 2026. The reusable segment accounted for more thanhalf of the total market share in 2018.
What is the menstrual cup?
The menstrual cup is considered to be a next generation female hygiene product that has been designed to fulfil the menstrual needs to women across the world.
Is a menstrual cup worth it?
Menstrual cups offer various advantages over tampons and sanitary products such as the availability of a menstrual cup in different shapes and sizes which can result in fewer leaks, unlike the conventional sanitary pad.
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Increasing awareness about the use of menstrual cups as a safe alternative to tampons and other sanitary products is one of the key factors expected to drive market growth during the forecast period. Menstrual cups offer several advantages over tampons and sanitary products, such as having menstrual cups in different shapes and sizes, which can absorb less water, unlike sanitary napkins. white. In addition, the use of these products reduces the risk of sensitivity or allergic reactions often caused by using tampons or pads with different chemicals, fibers and dyes.
Major Key Market Players in the Industry -
Diva International Inc.,
Lune Group Oy Ltd.,
Me Luna Gmbh,
The Flex Company,
Yuuki Company S.R.O.
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North America will dominate by 2026 -
Based on geography, the North American region accounted for almost half of the total market in 2018 and is expected to lead the market during the study period. The increase in the female population and the increase in demand for feminine hygiene products in the environment are the main factors driving the growth. Meanwhile, the Asia-Pacific region will register the fastest CAGR of 6.8% from 2019 to 2026. This is due to the expanding awareness about the benefits of using menstrual cups to increase the number of children. a woman who works in the department.
Based on product type, the medical grade silicones segment is a major contributor to the menstrual cup market share due to the increasing demand for safe, sustainable and vegan products. In addition, silicones are hypoallergenic, so they do not irritate and are very comfortable; Therefore, many companies often offer silicone menstrual cups. In addition, these silicone menstrual cups are economical and non-toxic compared to latex and thermoplastic elastomer menstrual cups. However, the demand for thermoplastic elastomer as a material for menstrual cups is expected to increase during the forecast period due to cost-effective materials and its ability to be recycled.
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