Press Release - | Menstrual Cup Market to Reach Valuation of USD 957.5 Million by 2028 – Rising Number of Government Initiatives Drives the Market |
Vantage Market Research | 20 Jun 2022
Healthcare
Menstrual Cup Market to Reach Valuation of USD 957.5 Million by 2028 – Rising Number of Government Initiatives Drives the Market
In terms of revenue, the Global Menstrual Cup Market is expected to reach USD 957.5 Million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 5.1% from 2022 to 2028.
The rising number of women population, rising number of government initiatives, and increasing investment in healthcare infrastructure are anticipated to augment the growth of the market during the forecast period.
Key Highlights from Report:
Market Dynamics:
The market is expected to develop due to increased acceptance of menstruation cups and increased awareness of sophisticated feminine hygiene products during the projected period. Menstruation cups also help to reduce odor, hold more blood than pads or tampons, and are moodornitary than pads and tampons. These elements contribute to the market's expansion. These menstruation cups are composed of materials that have been medically graded and investigated, ensuring that they are fully safe to use. During the projected period, the growing requirement for an environmentally friendly Menstrual Cup Market will help drive the usage of reusable Menstrual Cup Markets. Menstrual Cup Markets, on the other hand, might be messier to use and difficult to insert and remove. Latex Menstrual Cup Markets can sometimes induce allergic reactions, which stifle the market's growth. However, a greater focus on product innovation for feminine hygiene products, as well as unexplored prospects in developing nations, can help the Menstrual Cup Market industry grow in new directions.
North America held the largest shares in 2021. The expansion of the market in the region is primarily driven by an increase in the number of women in the population and an increase in the demand for environmentally-friendly feminine hygiene products. More than half of all women in the United States are between the ages of 12 and 50, and 70% of them use tampons. Furthermore, increased awareness of the benefits of using a Menstrual Cup Market and the availability of high disposable income among the female population in North America contribute to the market's growth.
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Healthcare
Menstrual Cup Market to Reach Valuation of USD 957.5 Million by 2028 – Rising Number of Government Initiatives Drives the Market
20 Jun 2022
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Menstrual Cup Market to Reach Valuation of USD 957.5 Million by 2028 – Rising Number of Government Initiatives Drives the Market
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