Reusable Period Panties Market Trends 2023- Global Industry Share, Revenue, Emerging Trends, Business Opportunities and Future Investment till 2033: SPER Market Research
People are becoming more aware of their health when making purchases due to the increased trend for personal hygiene and well-being. For women, the menstrual cycle is one of the most important aspects of their health. Undergarments designed to protect during menstruation are called period panties. There are two varieties of period panties: disposable and reusable. They are made up of components that absorb, a layer that stops leaks and stains, and a moisture barrier. They are favoured over disposable menstrual hygiene products because they are more affordable and environmentally friendly. Period pant production technology varies from company to company, but it often consists of multiple layers of fabrics, including cotton, polyester, nylon, and merino wool, aimed at blood absorption to keep the person who wears them dry and comfortable.
According to SPER market research, Reusable Period Panties Market – By Product, By Size, By Absorbency Level, By Price Range, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Period Panties Market is estimated to reach USD 645.43 million by 2033 with a CAGR of 17.2%.
Drivers:
The market is primarily driven by the increasing awareness of menstrual hygiene as well as several organizational initiatives and programs. The other key factors impacting the market’s growth during the forecast period are the rise in the demand for comfort and convenience and the global trend toward eco-friendly hygiene products. Additionally, menstruation underwear is a relatively new product for period hygiene that can be used in place of more conventional goods like tampons and pads. Furthermore, it is anticipated that the sizable number of working women worldwide would present several chances for market expansion. Manufacturers’ aggressive marketing tactics to increase awareness and boost sales have contributed to the surge. During the projected period, the market is anticipated to grow due to the development of biodegradable period panties manufactured from organic materials that may degrade in soil, including as bamboo, organic cotton, and merino wool.
Challenges:
One of the things holding people back is the challenge of striking the correct balance between cost and quality. A major worry is also the difficulties in manufacturing consistent quality and sizing. Menstrual hygiene product marketing and advertising is challenging on mainstream media channels. It might have a harmful effect on the environment if it is not recycled or disposed of appropriately. Moreover, some brands only provide a limited size range for period panties, making it challenging for women in larger or smaller sizes to get the right fit.
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Impact of COVID-19 on Reusable Period Panties Market
Nearly every industry was badly impacted by COVID-19, which had a substantial effect on the global economy. The market initially experienced a setback because of the lockdown’s implementation and the strict rules that the authorities enforced. The epidemic brought instability to the medical industry as a whole because of a shortage of both emergency and non-essential medical goods. Furthermore, the production and delivery of period panties were impacted by the disruption of the global supply chain. Furthermore, alterations in the purchasing behaviours of the customers were noted. Moreover, the outbreak delayed the introduction of new products, which hampered their ability to receive regulatory approval.
Reusable Period Panties Market Key Players:
The period panties market is dominated by North America. Asia Pacific is expected to grow at the quickest rate during the projection period. FANNYPANTS, Knix Wear, Neione, Period Company, Proof, and Rael are some of the leading companies in the global reusable period panties market.
Reusable Period Panties Market Segmentation:
The SPER Market Research report seeks to give market dynamics, demand, and supply Forecast for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.
By Product: Based on the Product, Global Reusable Period Panties Market is segmented as; Bikini, Boyshort, Brief, Hi-Waist, Others.
By Size: Based on the Size, Global Reusable Period Panties Market is segmented as; Small, Medium, Large.
By Absorbency Level: Based on the Absorbency Level, Global Reusable Period Panties Market is segmented as; Heavy/Super Absorbency, Light Absorbency, Medium Absorbency, Super Light Absorbency.
By Price Range: Based on the Price Range, Global Reusable Period Panties Market is segmented as; Mass/Economic, Mid-Range, Premium.
By Distribution Channel: Based on the Distribution Channel, Global Reusable Period Panties Market is segmented as; Convenience Stores, Departmental Stores, Drug Stores, Modern Trade, Mono Brand Stores, Online Retailers, Specialty Stores, Other Sales Channel.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
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Reusable Period Panties Market Trends
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