Allied Market Research provides an encyclopedic study of the Vietnam Menstrual Cups Market with holistic insights into key factors and aspects impacting the future growth of the market. The Vietnam Menstrual Cups market has been analyzed for the forecast period 2019-2026. The Vietnam menstrual cups market size was $1.521 million in 2018, and is projected to reach $2.264 million by 2026, registering a CAGR of 5.2% from 2019 to 2026.
Menstrual cups are used during menstruation to collect menstrual fluid. They differ from sanitary napkins and tampons as these cups collect menstrual blood instead of absorbing it. There are two types of menstrual cups such as disposable and reusable. The reusable cups can be used for up to five years or more. This reduces their long-term cost than that of disposable tampons or pads, though the initial cost is higher. Menstrual cups are also promoted as more practical and eco-friendlier than pads and tampons.
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Vietnam menstrual cups market is expected to exhibit significant growth during the forecast period due to increase in awareness among the population about the available options during menstruation. Huge number of awareness campaigns conducted by women communities, educational institutes, and non-profit organizations also boost the growth of the market. In addition, rise in women populace coupled with high costs of sanitary pads and tampons further fuels the market growth.
The Vietnam Menstrual Cups Market research report can help you in taking the right business decisions. It is a comprehensive and detailed analysis of market trends, opportunities, and challenges that will give you an edge over competitors. You will be able to take informed decisions based on this data-driven study.
Competitive Outlook
Full-size descriptive and analytical market records, as well as the research technique used to reach various results, are included in the file. This Vietnam Menstrual Cups market studies paper offers a thorough list of the market’s top players, as well as detailed information on each company, including an industrial agency company profile, sales shares, a strategy evaluation, and recent developments.
Competitive Landscape with Key Players: Anigan, Diva International Inc., Fleurcup, Jaguara, s.r.o., Lingroup Co., Ltd. (Lintimate), Lune Group Oy Ltd., Lena Cup, Mooncup Ltd., Me Luna GmbH, OVA Vietnam Company Limited, Sterne (Si-Line), and YUUKI Company.
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Based on product type, the reusable menstrual cups segment was the highest contributor to the Vietnam menstrual cups market, owing to the increasing demand for eco-friendly goods and rising awareness about menstrual care product options. In addition, presence of the major products from the key players in the country further boosts the market growth.
Based on material, the thermoplastic elastomer segment is expected to exhibit the highest CAGR during the forecast period as it is recyclable, which renders menstrual cups to be environment-friendly.
KEY FINDINGS OF THE STUDY:
- Based on material, the medical grade silicones segment accounted for the largest market share in 2018 and is expected to maintain its dominance in the near future.
- By distribution channel, the pharmacies/retail stores segment is estimated to grow at the highest CAGR during the forecast period.
- Based on product type, the reusable menstrual cups segment is expected to exhibit highest CAGR of 5.5% from 2019 to 2026.
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