Menstrual Cup Market | Contrive Datum Insights

The global Menstrual Cup Market was valued at USD 835.6 Million in 2022 and is projected to reach USD 1,557.8 Million by 2030, growing at a CAGR of 6.3% from 2023 to 2030.

Menstrual Cup Market Overview:

A menstrual cup is a female hygiene product. It is put into the vagina when a woman is having her period. This keeps the menstrual fluid from getting on her clothes. It is a small cup with a stem that looks like a bell. It comes in different shapes and fits women of different ages in different ways. Most of a menstrual cup is made of flexible medical-grade silicone, which is safe to use. Some menstrual cups are also made of thermoplastic elastomers and latex. These cups catch the blood flow and don't change the pH or the balance of bacteria in the vagina.

During the next few years, the menstrual cup market is expected to grow because more women are using them and more people are becoming aware of more advanced feminine hygiene products. Also, menstrual cups help keep your period from smelling bad, can hold more blood than pads or tampons, and are cleaner than pads and tampons. These things help the market to grow. These menstrual cups are made of materials that have been tested and approved by doctors, so they are safe to put inside the body.

Every year, more than 45 billion items like tampons, pads, and applicators are thrown away. In 2015, the Ocean Conservancy collected 27,938 used tampons from beaches around the world in one day. Also, 90% of the packaging for pads is made of plastic that can't be recycled. Reusable menstrual cups are more likely to be used during the forecast period because more people want to find ways to menstruate that are better for the environment. Menstrual cups, on the other hand, can be more messy and hard to put on and take off. Menstrual cups made of latex can sometimes cause allergic reactions, which slows down the growth of the market for menstrual cups. But putting more attention on new ideas for feminine hygiene products and taking advantage of untapped opportunities in developing countries can help the menstrual cup market grow in new ways.

Market Dynamics

Trends in the global menstrual cup market include women becoming more aware of the benefits of using menstrual cups instead of other menstrual hygiene products, new products entering the market, and more government programs to help women deal with their menstrual cup applicators. Also, companies are putting money into developing new products that will make women's lives easier. The latest technology in menstrual cups helps reduce blood flow, stops cramps from hurting, and cuts down on smell and bacteria.

Drivers

Increasing investment in healthcare infrastructure

The menstrual cup market is growing because people are spending more on health care, which is also helping to improve its infrastructure. Several government groups want to improve the infrastructure of healthcare by giving it more money, which will also affect market growth. Also, the menstrual cup market will grow as more people learn about the benefits of menstrual cups over sanitary pads and tampons. Rising disposable income and changing lifestyles brought on by rapid modernization will help the market grow faster.

Restraints:

High cost of menstrual cups

During the period covered by the forecast, the market's growth rate will be slowed down by the high cost of both menstrual cups and the factories that make them. Lack of health care infrastructure in developing countries and strict regulations will be problems for the menstrual cup market. People's lack of knowledge and bad reimbursement policies will also slow the market's growth during the forecast period.

Opportunities:

Rising number of government initiatives

The growth of the market is fueled by the government's increasing number of programs. This will help the menstrual cup market grow in positive ways. In recent years, the government has spent a lot more on products for women who have their periods. The government is working to make sure women have access to safe and secure menstrual products. Because of this, many campaigns and organizations are promoting the benefits of menstrual cups. All of these things will make the menstrual cup market more profitable and full of opportunities.

Menstrual Cup Market Segmentation Analysis

By Material

Based on their materials, silicone, thermoplastic, isomer, rubber, and latex make up different parts of the global menstrual cup market. In 2021, silicon had a big share of the market because people wanted more products that were safe, durable, and didn't cause allergies. But the demand for thermoplastic is expected to grow the fastest during the period covered by the forecast. This is because thermoplastic is easy to work with and can be recycled.

By Size

The global menstrual cup market is split into small and large based on how big the cups are. In 2021, the small category had a big share of the market because young girls were buying more menstrual cups. But the large category is growing the most quickly because more women over 30 know about menstrual cups.

By Usability

The global menstrual cup market is split into two groups: reusable and disposable. In 2021, the reusable category had a big share of the market because these cups could be used again and again for 1 to 10 years, depending on the brand. But the category of disposable menstrual cups is growing the fastest because more people want safe and non-allergenic products.

By Shape

By shape, the global menstrual cup market is divided into round, hollow, pointy, and flat. In 2021, most of the market was made up of pointy things, which are easy to use. But flat is the fastest-growing category because it makes feet less itchy and less likely to get an infection.

By Distribution Channel

The global menstrual cup market is divided into hospital pharmacies, retail pharmacies, online pharmacies, and others based on how the cups are sold. In 2021, a big part of the market was made up of online pharmacies. There are a lot of people using these online shopping sites because they offer a wide range of menstrual hygiene products. But the retail pharmacy category is growing in a good way because women buy a lot of their hygiene products there.

Regional Insights:

During the Forecast period, North America is anticipated to be the largest market by region.

North America is the biggest market segment for menstrual cups around the world, and this is expected to stay true for the next few years. The growth of the North American market is mostly driven by the rise in the number of women and the need for more products that are safe for the environment. More than half of the women in the U.S. are between the ages of 12 and 50. Of these women, 70% use tampons. In addition, women in North America have a lot of disposable income and know a lot about the benefits of using menstrual cups. Both of these factors help the market grow. The menstrual cup market is expected to grow the most quickly in LAMEA. This is because more campaigns are being run to tell people about the benefits of menstrual cups and more women in the LAMEA region are getting jobs.

Scope Analysis

Recent Development

• In 2022, Laiqa launched the 'Period Cup', a menstrual cup that can be reused during a hazel-free period. This launch is considered a step forward in menstrual hygiene and wellness. The menstrual cup is eco-friendly and does not use chemicals, giving you the freedom to use it with confidence.
• In 2021, Diva, the leading brand of menstrual cups, launched a new campaign, Freedom Period, to give voice to the work being done.
• In March 2021, leading hygiene and wellness company Essity launched the Libresse V-Cup, a reusable menstrual cup in Denmark, Norway, Finland and Sweden, expanding its range into more sustainable products.

The Global Menstrual Cup Market has been segmented into:

By Material

• Silicone
• Thermoplastic Isomer
• Rubber
• Latex

By Size

• Small
• Large

By Usability

• Reusable
• Disposable

By Shape

• Round
• Hollow
• Pointy
• Flat

By Distribution Channel

• Hospital Pharmacy
• Retail Pharmacy
• Online Pharmacy
• Others

By Companies

• Blossom Cup
• Diva International Inc
• Fleurcup
• INTIMINA
• Jaguara s.r.o. (LadyCup)
• Lena Cup LLC
• Silky Cup
• Chemco Group
• Mooncup Ltd
• The Flex Company
• Me Luna Gmbh
• Soch Green
• Procter and Gamble
• The Keeper, Inc.