Market Research Future (MRFR) has published a cooked research report on the “Global Menstrual Cup Market” that contains information from 2018 to 2032. The Menstrual Cup market is estimated to register a CAGR of 5.70% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Menstrual Cup market— International Inc., INTIMINA, Lunette Global, Mooncup Ltd., Redroom Technology Pvt. Ltd., Sirona Hygiene Pvt. Ltd., and The Keeper Inc.
Market Highlights
The global Menstrual Cup market is accounted to register a CAGR of 5.70% during the forecast period and is estimated to reach USD 1.81 Billion by 2032.
The menstrual cup market refers to the industry that produces and sells menstrual cups, which are reusable feminine hygiene products used during menstruation. It encompasses various manufacturers, brands, and distributors catering to the growing demand for sustainable and eco-friendly menstrual care options.
Segment Analysis
The global Menstrual Cup market has been segmented based on Product, Material Type and Distribution channel.
Based on Product, the global Menstrual Cup market has been segmented into reusable and disposable. By accounting for 68% of market revenue (USD 0.7 billion) in 2022, the reusable product segment led the market. This is due to the fact that the reusability, adaptability, and lifespan of these cups vary depending on the manufacturer and range from 1 to 10 years.
On the basis of Material Type the market is segmented into thermoplastic, latex, medical-grade silicone, and natural rubber.. The category of medical-grade silicone produced the largest revenue in 2022, at roughly 67% (USD 0.7 billion). This is a result of the rising consumer demand for products that are safe, durable, and allergy-free.
Based on Distribution channel, the global Menstrual Cup market has been segmented into online stores and pharmacies. In 2022, online retailers held 80% of the market share ($0.88 billion), dominating the industry. These online shopping websites are attracting a lot of customers since they provide a wide assortment of period hygiene products.
Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Menstrual Cup Market Research Report
Regional Analysis
The global Menstrual Cup market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Menstrual Cup market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Menstrual Cup market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Menstrual Cup market comprises of Middle East, Africa, and Latin America.
The North American Menstrual Cup Market dominated this market in 2022. The market expansion in this region is being driven by the rising demand for environmentally friendly feminine hygiene products.
Additionally, women's significant financial capabilities and awareness of the benefits of using menstrual cups support the expansion of the global menstrual cup market in the North American region.
The menstrual cup market in Europe is predicted to grow dramatically. Due to the high standard of living and increased expenditure on health and wellness, the market will rise in these areas due to the high income per person boosting market growth.
The second-highest market share is held by the Asia-Pacific Menstrual Cup Market. Due to the ease of use and environmental advantages of menstrual cups, governments are adopting several campaigns, programmes, and initiatives to assist and inform women about them. In addition, China controls the Menstrual Cup market, and during the anticipated timeframe, the Menstrual Cup market in the Asia-Pacific region is anticipated to rise gradually.
Key Findings of the Study
· The global Menstrual Cup market is expected to reach USD 1.81 Billion by 2032, at a CAGR of 5.70% during the forecast period.
· The North American Menstrual Cup Market dominated this market in 2022. The market expansion in this region is being driven by the rising demand for environmentally friendly feminine hygiene products.
· Based on Distribution channel, . In 2022, online retailers held 80% of the market share ($0.88 billion), dominating the industry.
· International Inc., INTIMINA, Lunette Global, Mooncup Ltd., Redroom Technology Pvt. Ltd., Sirona Hygiene Pvt. Ltd., and The Keeper Inc.