According to IMARC Group’s latest report, titled “Biodegradable Sanitary Napkins Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The global biodegradable sanitary napkins market size reached US$ 1,694.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 5,572 Million by 2028, exhibiting a growth rate (CAGR) of 22.13% during 2023-2028.
Biodegradable sanitary napkins are thin rectangular pads that are commonly used during the menstrual cycle and vaginal surgery recovery for absorbing the menstrual fluid. They are generally manufactured from environmentally absorbent materials, such as sugarcane, cassava, virgin pulp, organic cotton, bamboo and straw bale. They are widely available across the globe in different types, including slender, overnight and scented, that differ on the basis of sizes, shapes and absorbent capacity. Some of them consist of wings that fold over the edges of the underwear in order to prevent leakage and aid in holding the napkin in place.
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Biodegradable Sanitary Napkins Market Trends:
The global market is primarily driven by the growing preference for personal hygiene among individuals. This is supported by the increasing demand for superior quality eco-friendly feminine hygiene products among the masses. Moreover, the rising awareness regarding the harmful effect of chemical-based sanitary napkins and an enhanced focus on sustainable development have encouraged leading players to heavily invest in launching innovative product variants across the globe. For instance, the introduction of biodegradable sanitary napkins that comprise breathable layers for convenient air circulation is gaining widespread prominence among individuals. Additionally, numerous initiatives undertaken by government agencies and non-profit organizations across multiple countries to spread awareness regarding the importance of menstrual hygiene and provide sanitary napkins free of cost across rural locations are positively influencing the market. Other factors, including continuous improvements in the e-commerce infrastructure, the advent of home delivery models, and the inflating disposable income levels of the masses, are also favorably impacting the market growth.
Biodegradable Sanitary Napkins Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the biodegradable sanitary napkins market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the global biodegradable sanitary napkins market on the basis of material type, distribution channel and region.
Breakup by Material Type
- Bamboo-Corn
- Cotton
- Banana Fibre
- Others.
Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Organic Stores
- Pharmacies
- Online
- Others.
Breakup by Region
- North America
- Europe
- Asia- Pacific
- Latin America
- Middle east and Africa.
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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Article source: https://article-realm.com/article/Finance/36475-Biodegradable-Sanitary-Napkins-Market-Size-Key-Players-Trends-and-Forecast-2023-2028.html
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