Tampon Market Size is Estimated to Reach USD 5.3 Billion By 2023 with CAGR 5.5%
AllTheResearch’s “Global Tampon Market- Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2016-2023” report provides an overview of the market size of Tampon for the regions United States, Europe (France, Germany, Italy, Spain, UK) and Japan, etc. Based on the Tampon industrial chain, this report mainly elaborates on the definition, types, applications, and major players of the Tampon Market in detail. Deep analysis about market status (2016-2020), enterprise competition pattern, advantages and disadvantages of enterprise Products, industry development trends (2021-2023), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included.
A tampon is used as a feminine hygiene product during the menstrual cycle. The materials used for making tampons include cotton, rayon, or a blend of both materials. The factors that are contributing to the growth of the market are – a rise in awareness regarding hygiene and health among the women population is resulting to a rise in demand for tampons over the years. Several companies are focusing on developing new products and new marketing strategies, to grab a greater number of customer attention. In Europe and the U.S., according to the Certification mark and the Food and Drugs Administration (FDA) regulations, organic and natural tampons come under class II medical devices. Due to this, various companies follow guidelines while manufacturing feminine hygiene products.
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The Tampon Market size was valued at US$ XX Bn in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 5.5% for the forecast period ending 2023 reaching a Market value of US$ 5.3 Bn.
Some of the key players covered in the Tampon Market report include
As a part of market segmentation, our study exhibits a market analysis on the basis of type, industry application, and geography.
By Product Type
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Key findings/Recent News in Tampon Industry:
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Impact of COVID-19 on Tampon Market:
Tampon Market report analyses the impact of Coronavirus (COVID-19) on the Tampon industry. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Tampon market in 2021
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Tampon Market Dynamics:
The global tampon market is witnessing growth owing to the increasing working women population, coupled with a rise in purchasing power. Additionally, companies are focusing on manufacturing chemical-free tampons, in order to grab greater customer attention. This is also triggering the overall market growth of tampons during the forecast period. However, increasing risk of cancer, endocrine disruption, and reproductive harm are some of the problems that can be caused by tampons, which in turn, is restraining the overall market growth. Product promotion and other marketing initiatives taken by various companies to educate women about the benefits and use of tampons are generating opportunities for the market during the forecast period.
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