Feminine Hygiene Products Market Size, Share, Growth Analysis, By Product(Menstrual Care and Cleaning & Deodorizing), By Distribution Channels(Supermarkets, Drug Stores, Pharmacies, Online Retail), By Region - Industry Forecast 2024-2031

Global Feminine Hygiene Products Market size was valued at USD 41.21 Billion in 2022 and is poised to grow from USD 43.37 Billion in 2023 to USD 65.31 Billion by 2031, growing at a CAGR of 5.25% in the forecast period (2024-2031).

Due to the release of new products and the growing number of health concerns among women, the market for feminine hygiene products is growing. Additionally, as more women around the world enter the workforce, the demand for feminine hygiene products has grown. Additionally, these feminine hygiene products are easily accessible through a variety of sales channels. This ease of accessibility aids in the growth of the feminine hygiene products market. According to the Plastic Oceans International article "Making Menstrual Products Eco-Friendly" published in the globe, about 45 billion menstrual products are used each year, and a pad user uses 4,125 plastic bags on average over the course of their lifetime. Therefore, in the market for feminine hygiene products, reusable menstrual cups, period pants and pads are a few solutions that are gaining popularity for reducing waste generation. For instance, Essity, a hygiene and health company, has agreed to purchase Products Familia SA (Familia), a Colombian hygiene company, for about 44% of its equity. After the transaction is completed, Essity will own at least 94% of Familia. 100% of the business is being purchased for USD 1,540 million (about SEK 13 billion) on a debt-free basis. Due to numerous government initiatives and numerous social media campaigns, women are becoming more aware of the need for personal cleanliness. These programmes and marketing help people understand and accept female hygiene products better.

US Feminine Hygiene Products Market is poised to grow at a sustainable CAGR for the next forecast year.