According to a report published by Allied Market Research, titled, “Vietnam Menstrual Cups Market by Product Type, Material, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2019-2026,” the Vietnam menstrual cups market was valued at $1.521 million, and is projected to reach $2.264 million by 2026, registering a CAGR of 5.2% during the forecast period. The reusable menstrual cups segment accounted for around two-thirds of the total market share in 2018.
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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. Furthermore, the reusable menstrual cups are greatly decreasing the amount of waste generated from menstrual cycles.
“Increased awareness and concern regarding safety and hygiene during menstruation plays a major role in the growth of the Vietnam menstrual cups market. Furthermore, rise in demand for cost-effective medical application is expected to boost the market growth in the coming years”.
It describes the behavior of the industry. It also outlines a future direction that will help companies and other stakeholders make informed decisions that will ensure strong returns for years to come. The report provides a practical overview of the global market and its changing environment to help readers make informed decisions about market projects. This report focuses on the growth opportunities that allow the market to expand its operations in existing markets.
The Vietnam Menstrual Cups report contains data based on rigorous primary and secondary studies using research best practices. The report contains exhaustive information that will allow you to assess each segment of the Vietnam Menstrual Cups market. This report has been prepared considering various aspects of market research and analysis. It includes market size estimates, market dynamics, and company and market best practices. Entry marketing strategy, positioning, segmentation, competitive landscape, and economic forecasts.
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The Vietnam Menstrual Cups Market engineering process uses a top-down and bottom-up approach and several data triangulation methods to evaluate and validate the size of the entire market and other dependent sub-markets listed in this research report. The major players in the market were identified through the second survey and the market rankings were determined through the first and second surveys.
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.
The Major Key Players Are:
• 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)
• YUUKI Company s.r.o.
• others.
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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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