- Rise in awareness regarding personal hygiene and personal well-being is boosting the sales opportunities in the period panties market
- Players are expected to gain sizable sales prospects in North America owing to rising demand for environmental-friendly period panties
WILMINGTON, Del., Aug. 2, 2022 /PRNewswire/ — According to an analysis by Transparency Market Research (TMR), the global period panties market is estimated to register growth at a CAGR of 12.1% during the forecast period from 2022 to 2031.
The report by TMR offers exclusive data on various facets influencing the growth curve of the global period panties market including the growth drivers, growth opportunities, business avenues, challenges, R&Ds, and list of leading period panties manufacturers.
Major market players are focusing on R&D activities in order to develop best period panties as per the need of end-users. Such efforts are also helping companies to expand their product portfolios. Moreover, many enterprises are increasing their production capabilities in eco-friendly reusable period panties using leakproof fabrics in order to cater to the rising market demands. These factors are propelling the global period panties market.
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Period Panties Market: Key Findings
- Period panties are available in two forms, namely, reusable and disposable. The popularity of reusable period panties is being increasing in the recent years owing to their ability to provide superior quality of leakage protection. Moreover, the demand for these products is being rising in the recent years owing to their environmental-friendly nature and ability to assist in minimizing the load on raw material resources. Thus, increasing inclination of female population toward the use of such products is expected to lead to the expansion of the period underwear market share during the forecast period.
- As per several researches, major female population around the world do not realize that the sanitary napkins they use are manufactured using approximately 90% of plastic. As a result, around 113,000 tons or 12.3 billion of old sanitary napkins are being dumped each year in landfills in several developing nations such as India. This factor is resulting into increased levels of plastic pollution in the nation, note analysts of a TMR study on the global period panties market. Owing to growing understanding about this factor, people are inclining toward the adoption of green menstruation. Hence, the demand for different long-lasting alternative solutions including menstrual cups, period panties, and reusable pads is being increasing around the world. Due to these factors, the global period panties market size is expected to reach US$ 275.6 Mn by the end of 2031.
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Period Panties Market: Growth Boosters
- Increase in understanding among global people about the importance of personal well-being and personal hygiene is creating business opportunities in the period panties market
- Surge in the demand for environmental-friendly products is likely to drive the sales growth in the period panties market during the forecast period
Period Panties Market: Regional Analysis
- The period panties market in North America is expected to maintain its leading position during the forecast period owing to different factors including changing views of woman population toward hygiene, accessibility to of environmental-friendly products, and increase in understanding about latest products in the region
- Players in the period panties market are projected attract profitable prospects in the Asia Pacific region in the near future, notes a TMR study. The growth of the Asia Pacific market is ascribed to changing lifestyle, improving spending power, and surge in understanding on new products among the regional females population.
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Period Panties Market: Key Players
Some of the key players profiled in the report are:
- Dear Kate
- Lunapads International
- THINX Inc.
- Period Panteez
Period Panties Market Segmentation
- Product Type
- Reusable Period Panties
- Disposable Period Panties
- Boy Shorts
- Others (Thongs, Shorts etc.)
- Age Group
- Below 20 Years
- 20-30 Years
- 30-40 Years
- Above 40 Years
- Price Range
- Distribution Channel
- Company owned Websites
- E-commerce Websites
- Supermarkets/ Hypermarkets
- Drug Stores
- Specialty Stores
- Other Retail Stores
- Regions Covered
- North America
- Asia Pacific
- South America
Women Intimate Care Market– Women Intimate Care Market is expected to reach US$ 45.84 Bn by the end of 2031
Feminine Hygiene Products Market– Feminine Hygiene Products Market is expected to surpass the value of US$ 127.6 Bn by the end of 2031
Hair Removal Products Market– Hair Removal Products Market is expected to surpass the value of US$ 1.8 Bn by the end of 2031
Smart Bathrooms Market– Smart Bathrooms Market is expected to exceed value of US$ 21.9 Bn by the end of 2031
Baby Feeding Bottles Market– Baby Feeding Bottles Market is expected to cross value of US$ 3.7 Bn by the end of 2031
Smart Crib Market– Smart Crib Market is expected to reach US$ 545.4 Mn by the end of 2031
Mattress Market– Mattress Market is expected to reach US$ 68.5 billion by the end of 2031
Ceramic Sanitary Ware Market– Ceramic Sanitary Ware Market to Exceed Valuation of US$ 42.91 Bn by 2031
About Transparency Market Research
Transparency Market Research registered at Wilmington, Delaware, United States, is a global market intelligence company provides syndicated research reports and business consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
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