An Optimistic Study on “Menstrual Cup Market-Global Forecast to 2023” has been recorded on MRFR
Menstrual Cup Global Market – Overview
The Global Menstrual Cup Market is growing with the rapid pace; mainly due the burgeoning Healthcare Sector. According to a recent study report published by the Market Research Future, The global Menstrual Cup Market is booming and expected to gain prominence over the forecast period. The Market is forecasted to demonstrate a huge growth by 2023, surpassing its previous growth records in terms of value & volume. The market of global Menstrual Cup will grow steady at the CAGR of 5% during the forecasted period of 2017-2023.
A menstrual cup is a feminine hygiene eco-friendly product which is a substitute of sanitary napkins. It is usually made of medical grade silicone, shaped like a bell and is flexible. Instead of absorbing the flow, like a tampon or pad, it catches and holds the menstrual fluid; further being gentle on sensitive skin provides better leak protection, is cost effective, and eco-friendly when compared with pads.
Menstrual Cup market has witnessed a remarkable growth over the past few years, globally, owing to some of the side effects initiated by various other menstrual support products for example sanitary napkins, and tampons which causes vomiting, diarrhoea, low blood pressure, dizziness, red eyes, rashes, and high fever. Also, the chemicals and bleaching agent used in these products can cause irregular tissue growth in the abdomen and reproductive organs, which may lead to the immune system clampdown, hormonal and endocrine system disturbance, and even death.
The global Menstrual Cup market is growing rapidly. The change in consumer interest toward menstrual Cup is the key factor to propel the growth of this market. A recent study proves that many consumers prefer menstrual Cup over sanitary pads or Tampons due to the usage of harmful chemicals and raw materials in sanitary pads and tampons. Since these chemicals negatively affect the health of individuals and lead to complications like vaginal dryness, the consumers’ preference for menstrual Cup will increase during the forecast period.
However, Reusable Menstrual Cup is not a suitable option for some part of the world or in poorer, remote areas or the third world countries such as Ethiopia, Togo, Madagascar, Guinea etc. As these menstrual Cup require thorough, frequent cleaning and poor, developing communities do not have ready access to clean water and/or soap and that women in these communities sometimes share menstrual cloths. Hence Reusable Menstrual Cup cannot be an ideal feminine hygiene product for these women.
Also, cost of Menstrual Cup is slightly on a higher side when compared to the Sanitary Pads/ Tampons however, taking into consideration the convenience Menstrual Cup offer and that it lasts for up to five years; Menstrual Cup are cost effective and help saving a lot compared to how spending takes up on sanitary towels for the same period.
The menstrual cup is a substitute for sanitary napkins. These Cup are used during menstrual cycle. It is made of medical grade silicone, they are shaped like a bell and is flexible. Instead of absorbing the flow, like a tampon or pad, it collects and holds menstrual blood. . The shelf life of the product is approximately ten years. The cup is an eco-friendly product that can be used single time or multiple times as these are easy to use and carry. The cup need to be emptied once it is full. The cup must be washed to be used two to four times in a day.
Menstrual Cup Global Market – Key Players
Diva International Inc. (Canada), Lune Group Ltd (Finland), The Keeper Inc. (US), Mooncup (UK), Intimina (Sweden), Me Luna (USA), and Ruby Cup (UK)
Menstrual Cup Global Market – Segments
The Menstrual Cup Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation By Types : Comprises Hollow, Pointy, Flat, Roundand other.
Segmentation By Usage : Comprises Disposable and Reusable.
Segmentation By End Users : Comprises Hospitals, Clinics & Individual Woman.
Segmentation By Region : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
In the year 2016, Segment ‘disposable’ accounted for 45% of market share whereas, Segment ‘Reusable’ accounted for the largest segment owing to its aspects such as eco-friendliness, reduction of waste disposal, durability, cost-effectiveness, and reusability
Menstrual Cup Global Market – Regional Analysis
The global menstrual cup market is segmented into four main geographic regions namely Americas, Europe, Asia-Pacific plus Middle East and Africa. This market is dominated by American and European regions as more people are aware about this product. The Asia-Pacific and Middle East region is not much aware about this product. In Asia-Pacific the market is open in urban areas. Rural areas of Asia Pacific and Middle East are not much aware and the acceptance of this product is low.
Access Full Report Details @ https://www.marketresearchfuture.com/reports/menstrual-cup-market-1407
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