PUBLISHER: Grand View Research | PRODUCT CODE: 1751272
PUBLISHER: Grand View Research | PRODUCT CODE: 1751272
The global feminine hygiene products market is anticipated to reach USD 49.0 million by 2030 and is anticipated to expand at a CAGR of 7.7% during the forecast period, according to a new report by Grand View Research, Inc. Increasing knowledge about menstrual hygiene and well-being, coupled with constant innovations in eco-friendly and high-performance feminine care products, is likely to fuel market growth. Moreover, growing consumer demand for early adoption of safe, comfortable, environmentally friendly hygiene products will likely boost market growth.
The global market for feminine hygiene products is expected to experience robust growth due to the need to bridge menstrual health and hygiene gaps. As per World Bank estimates in May 2022, more than 500 million women globally do not have access to basic menstrual hygiene. According to UNICEF, there is an increased availability of reusable products in middle- and low-income countries, enhancing market size and sustainability. Such activities play a vital role in enhancing gender equality, reproductive health, and promoting market growth.
Expanding awareness about menstrual hygiene and increased demand for environmentally sustainable products are major market growth drivers. Transition to reusable products, such as menstrual cups and organic menstrual pads, indicates a shift toward environmentally friendly products. In addition, ongoing product development in terms of comfort and absorbency also drives market growth. Initiatives promoting menstrual health education, particularly in the developing world, contribute significantly to market expansion. These combined factors drive a social change toward improved menstrual care and sustainability.