Press Release-Biodegradable Sanitary Napkins Market to Reach Valuation of USD 6.4 Billion by 2030 – Increasing Awareness to Protect the Environment is Also Driving the Adoption of Biodegradable Raw Materials in Sanitary Napkins.
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Biodegradable Sanitary Napkins Market to Reach Valuation of USD 6.4 Billion by 2030 – Increasing Awareness to Protect the Environment is Also Driving the Adoption of Biodegradable Raw Materials in Sanitary Napkins.
In terms of revenue, the Global Biodegradable Sanitary Napkins Market is expected to reach by 2030, growing at a CAGR (Compound Annual Growth Rate) of 22.50% from 2023 to 2030.
A lady uses sanitary napkins, which are absorbent items when she is menstruating. They are either made of synthetic or chemical-based raw materials, such as plastics and non-biodegradable cellulosic fiber, or they are made of natural materials that decompose over time, such as banana fiber, bamboo maize, and organic-cotton.The interest of the female population in using biodegradable sanitary napkins has been sparked by the usage of harmful chemicals and raw materials in conventional sanitary napkins. The use of biodegradable raw materials in sanitary pads is being driven by an increase in environmental awareness. The need for biodegradable sanitary napkins is expanding globally due to a number of factors, including an escalating working-women population, rising female hygiene awareness, and an increase in health problems such as skin irritation and rashes. Dioxins, furans, chlorine, and perfumes are some of the chemicals used in non-biodegradable sanitary napkins, which are bad for the environment and cause skin issues. The materials used in biodegradable sanitary napkins, on the other hand, include organic cotton, water hyacinth, banana fiber, corn starch, and corn. These materials are cost-effective, hygienic, and have a good capacity to absorb blood. Increasing levels of awareness, government initiatives, and programs, better distribution systems, etc. are some of the other drivers propelling this industry.
Key Highlights from Report:
Market Dynamics:
The industry is expected to rise as a result of factors like rising household income, increased hygiene awareness, and global government and non-profit campaigning. Another factor contributing to growth is rising environmental consciousness. The fact that these biodegradable sanitary pads are less noxious and don't scratch or infect as much as conventional sanitary pads is another reason why the industry is expanding.
Menstrual hygiene is a serious issue globally, where women, particularly in rural regions, have difficulty finding hygienic absorbents and run the danger of developing health problems. Awareness of the advantages provided by biodegradable sanitary napkins has significantly increased over time. They are simply disposed of on bare soil and are environmentally friendly. Also, it lessens the possibility of infection and skin irritation, and they are very economical. Contrarily, disposable napkins that are not compostable include harmful chemicals including dioxins, furans, chlorine, and perfumes that are not recyclable and take hundreds of years to break down. In response to this situation and the fact that many women, especially those living in rural regions, lack access to biodegradable napkins, the government, working with a number of social entrepreneurs and NGOs, has introduced affordable and subsidized biodegradable sanitary napkins. In order to differentiate their products and attract new customers, manufacturers are also concentrating on innovative marketing techniques and value addition.
The Global Biodegradable Sanitary Napkins Market is Segmented as follows
The Global Biodegradable Sanitary Napkins Market Market Scope can be Tabulated as below
Parameter | Details |
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Market Size Provided for Years | 2016-2028 |
Base Year | 2021 |
Historic Years | 2016-2020 |
Forecast Years | 2022-2028 |
Segments Covered |
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Region & Counties Covered |
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Companies Covered |
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Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
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Biodegradable Sanitary Napkins Market to Reach Valuation of USD 6.4 Billion by 2030 – Increasing Awareness to Protect the Environment is Also Driving the Adoption of Biodegradable Raw Materials in Sanitary Napkins.
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