Anticipated Valuation of Panty Liner Market at US$ 7.0 Billion by 2031 | Report by Transparency Market Research Inc.
Wilmington, Delaware, USA, August 28, 2023 (GLOBE NEWSWIRE) -- In 2022, the worldwide market for panty liners was valued at US$ 4.4 billion. Experts predict that by 2031, this market will grow to a staggering US$ 7.0 billion. Over the period between 2023 and 2031, the industry is expected to achieve a Compound Annual Growth Rate (CAGR) of 5.2%.
The panty liner industry is experiencing growth due to the rise in knowledge about women's hygiene. The increasing understanding of the significance of staying clean and comfortable during menstruation and day-to-day tasks is fueling the need for panty liners.
The rise in the number of women in the workforce is another important reason for the market's expansion. There is a greater demand for easy-to-use and private feminine hygiene items due to the increasing participation of women in the workforce and their active lifestyles. As a result, the panty liner market is experiencing significant growth.
The potential of the market has been influenced by various elements, like the trend towards practicality. Panty liners provide a practical option for dealing with slight vaginal discharge, spotting, and small leaks, which has led to their popularity among women who value comfort and simplicity.
Ongoing advancements in the design, materials, and absorbency technology of panty liners are improving their functionality, comfort, and efficacy, appealing to a larger customer base. The rise in disposable income across various regions enables consumers to place a higher importance on personal care and cleanliness, thereby driving the desire for top-tier panty liner products.
The rise of eco-conscious and sustainable panty liners, created from materials that can easily decompose, attracts environmentally aware customers who desire products that reduce their ecological footprint.
The shifting societal values and attitudes surrounding the well-being, convenience, and cleanliness of women are impacting the widespread usage and approval of panty liners. The process of urbanization and the assimilation of Western customs in various areas have resulted in an increased recognition and utilization of items such as panty liners.
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Important Discoveries of the Market Report
Tendencies in the Panty Liner Market
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Global Market for Female Hygiene Products: Regional Analysis
Major Companies in the Panty Liner Market
Several of the main producers featured in this report include:
Key players in the panty liner sector are capitalizing on the surging demand for these products. In order to expand their presence, these players are utilizing collaborations, partnerships, and acquisitions with various providers of different sizes. Notable advancements in the market include:
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Segmentation of the Global Panty Liner Market:
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