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Global Global and North America Organic and Natural Feminine Care Market Size Prognosticated To Perceive A Thriving Growth; MRFR Unleashes Industry Insights
Global and North America Organic and Natural Feminine Care Market Overview:
The Global and North America Organic and Natural Feminine Care Market size report anticipates the industry to touch a size of USD 1,055.26 million by 2030, states Market Research Future (MRFR). The market can showcase 6.20% CAGR from 2022 to 2030 (forecast period).
The inclination towards organically derived products by women owing to its biodegradable and skin-friendly nature is likely to bolster the market demand exponentially. This is signified by the sale of non-genetically modified (GMO) organic cotton products. Moreover, the reduced possibility of rashes and low possibility of contracting cancer and other chronic diseases can augur well for the global and North America organic and natural feminine care market.
Menstrual toxic shock syndrome (TSS) has seen an upsurge according to the report by National Center for Biotechnology Information (NCBI). The use of natural feminine care products can reduce the chances of TSS and drive the market demand. Moreover, government policies creating awareness among the public is expected to drive the market growth.
Segmentation Analysis:
The global and North America organic and natural feminine care market is segmented by product and distribution channel.
Among products, sanitary pads accounted for 63.2% share, followed by tampons (22.3%), panty liners & shields (9.5%), and others (5.0%). Tampons can generate a decent revenue at a rich CAGR during the forecast period. This can be attributed to the rising numbers of working women, preference of tampons to conduct day-to-day activities, and awareness of menstrual hygiene. Panty liners & shields can exhibit the second highest CAGR over the assessment period. This can be credited to their heavy use by the working population in developed economies to prevent discomfort.
By distribution channel, supermarkets & hypermarkets accounted for 43.2% share, followed by retail pharmacies (30.8%), online purchase (17.4%), and others (8.6%). Supermarkets & hypermarkets can register a healthy CAGR during the assessment period. This can be credited to this particular outlet being preferred by manufacturers to increase their sales in developing economies. But the online purchase segment can showcase a robust CAGR. The preference of using online channels to avoid social stigma issues by women in developing economies is likely to facilitate growth in the segment.
Regional Analysis:
Geographically, the global and North America organic and natural feminine care market is segmented into Europe, Asia Pacific (APAC), North America, South America, and the Middle East & Africa (MEA). APAC accounted for 43.6% share, followed by North America and South America holding close to 27.7% share, Europe (24.5%), and MEA (4.2%).
Factors of high awareness levels of consumers, demand for high fluid retention products, and health-consciousness levels among the women populace in China, South Korea, and India are projected to drive market growth. Other factors predicted to spur growth include population spurt and efforts by companies to create awareness through Ads.
North America can generate a high revenue by 2030 at good CAGR during the assessment period. This can be attributed to availability of various options for feminine care products coupled with advertisements targeting the right demographic. Social media channels ensuring the message of menstrual health reaches audiences can boost the regional market revenue.
Europe is predicted to exhibit a good CAGR to generate revenue decent amount by 2030. This can be attributed to waste disposal concerns with regards to synthetic feminine hygiene products. Investments in research and development for creating recyclable sanitary pads is likely to bode well for the market. Moreover, efforts by governments to solve pharmaceutical logistics and ensure manufacture of low-cost hygiene products can boost the regional organic and natural feminine care market.
Competitive Analysis:
Prime key players profiled in the global and North America organic and natural feminine care market overview report include Maxim Hygiene (U.S.), GladRags (U.S.), Purganics (India), The Honest Company Inc. (U.S.), Procter & Gamble (U.S.), Apropos (U.S.), Tosama (Slovenia), Armada & Lady Anion (Australia), Saathi (India), Rael (U.S.), Heyday Care LLP (India), Veeda USA (U.S.), Bodywise Limited (U.K.), and Corman USA Inc. (U.S.).
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
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