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Pharmacy benefit management market
Intimate Wipes Market REPORT OVERVIEW
The global intimate wipes market size is expanded rapidly in 2021 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2021 to 2031.
On a daily basis, intimate wipes are used to clean the vaginal region during menstruation or to protect the vagina from various infections. According to research, the vaginal area has a different pH level than the rest of the body. Furthermore, the vaginal skin is more acidic in nature than the other sections, making that region more susceptible to hazardous bacteria if left unsanitary or not properly cared for. It is critical to keep the pH balanced. Using specialist feminine wipes can help with this. Rising disposable incomes for medical facilities, rising frequency of vaginal bacterial and fungal infections, rising desire for chemical-free intimate products, and rising awareness of the benefits of utilising vaginal care wipes are some of the reasons driving the growth of the feminine wipes market.
COVID-19 Impact: The COVID-19 Underlying Condition Upgraded the Market Growth
The distribution network for cosmetics and skincare goods has been affected by the government-imposed lockdown, which has led to a creeping rise in demand for intimate wipes. The COVID-19 pandemic has had a somewhat positive impact on healthcare and the medical business. Given growing consumer spending on hygiene and personal care products, particularly in the intimate hygiene segment, the pandemic has offered unprecedented market potential for all medical sectors. As a result, the feminine wipes market is expected to rise substantially throughout the projected period. With the global shutdown of most supermarkets and hypermarkets due to COVID-19, the internet sales channel is likely to develop dramatically in the coming year. COVID led to increased demand for online shopping. Hence, e-commerce platforms have increased the need for intimate wipes across a number of businesses.
LATEST TRENDS
"Different Types of Product Innovation by Market Players to Influence the Market Growth"
In terms of product innovation, the market is characterised by fierce competition, with both global and domestic businesses battling. With expanding global concerns about the use of chemicals and preservatives in feminine wipes, major manufacturers are increasingly emphasising the usage of formulae based on herb-based components (free from parabens and dyes). With the increased global demand for mild feminine intimate care products, market participants are projected to concentrate their efforts on developing or producing alcohol-free, pH-balanced, and aloe vera-based wipes over the forecast period in order to attract a diverse group of consumers globally. The global market for intimate wipes is predicted to grow significantly in the natural space throughout the forecast period.
Intimate Wipes Market SEGMENTATION
- By Type
Based on type the intimate wipes market is classified as cotton terry wipes, cotton flannel wipes, microfibre wipes, bamboo velour wipes and others.
- By Application
Based on application the intimate wipes market is classified as supermarkets and hypermarkets, independent retailers, drug stores, e-commerce and others.
DRIVING FACTORS
"The Hygienic Habits and Rising Disposable Income to Boost the Market Demand"
The most significant but frequent reason fueling the growth of the intimate wipes market is rising women's knowledge about safety and health, particularly during the menstrual cycle. Women nowadays understand the necessity of maintaining hygiene not only during their periods, but also on other days, in order to avoid being ill with bacteria or fungus. The convenience, disposability, portability, and reduced danger of cross-contamination of intimate wipes are projected to favour market expansion in the near future. Increasing disposable income and changing lifestyles are also helping to propel the global feminine wipes industry forward.
"The Awareness Associated with the Skincare and Government Initiatives to Enlarge the Market Share"
Intimate wipes are simple to use and widely available at pharmacies and supermarkets. These wipes are easy to transport and dispose of, lowering the risk of illness transmission. Governments all throughout the world are attempting to improve awareness among schoolgirls about the following feminine hygiene issues, particularly in underdeveloped nations. As a result of new initiatives, the market for intimate wipes is also expanding.
RESTRAINING FACTORS
"Availability of Alternative Products and Homemade Clothing to Pose Challenges In Market Growth"
Owing to their expensive price, feminine wipes remain a luxury item for a large portion of society. Most women in developing nations cannot afford these wipes. As a result, homemade clothing is preferred to clean the vagina, which has a detrimental impact on the feminine wipes business. However, the expanding number of alternative products like as moisturisers, creams, and washes is expected to limit market growth to some extent. Throughout the forecast period, the intimate wipes market growth is anticipated to face challenges with the utilization of homemade clothing and availability of alternative products.
Intimate Wipes Market REGIONAL INSIGHTS
"Asia Pacific Region to Dominate the Market With the Dense Population and Increasing Awareness"
Geographically, Asia Pacific is the fastest and ever growing region, and is the largest market, with a share over a quarter size, the feminine wipes consumption demand is driven by the Asia Pacific region, which accounted for nearly a major part of the world consumption in 2019. According to the World Bank database and 2019 statistics, the East Asia Pacific region has about 1.15 billion females. With such a high female population density, the APAC area should be the fastest-growing region for feminine wipes. India and China are two of the most important markets in the region. The growth in regional intimate wipes market share can be ascribed to increased awareness of personal hygiene programmes through universities, schools, and workplaces. To raise menstruation awareness, the United Nations Children's Fund (UNICEF) established the Global Interfaith WASH Alliance (GIWA) in India. As a result, similar campaigns to raise awareness about personal hygiene are expected to be launched in middle-income countries such as Pakistan and Bangladesh.
KEY INDUSTRY PLAYERS
"Prominent Manufacturers to Contribute Towards Expansion of Market"
The report is an extensive research which presents the historic and futuristic performance of industry with competitive landscape analysis which incorporates prominent key players ,and revenue trends of industry. The report provides substantial analysis of company profiling, growth insights, supply-demand chain, production and consumption demand, business expansion strategies adopted by top key players. The information is a collusion of latest technological developments, trends, production lines mergers and acquisitions, market study and other factors.
List of Market Players Profiled
- Procter & Gamble (U.S.A)
- Kimberly Clark (U.S.A)
- Premier Care Industries (U.S.A)
- Nice-Pak International (U.K)
- Rockline Industries (U.S.A)
- Prestige Brands (U.S.A)
- The Boots Company (U.K)
- Glenmark Pharmaceuticals (India)
- Hengan International Group (China)
- Bodywise (U.S.A).
REPORT COVERAGE
The report anticipates a detailed analysis of the global market size at the regional and national level, the segmentation market growth and market share. The prime objective of the report is to help user understand the market in terms of definition, market potential, influencing trends, and the challenges faced by the market. Analysis of sales, the impact of the market players, recent developments, opportunity analysis, strategic market growth analysis, territorial market expansion, and technological innovations are the subject matter explained in the report.
Frequently Asked Questions
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Which are the driving factors of the intimate wipes market?
The hygienic habits, rising disposable income, the awareness associated with skincare and government initiatives are the driving factors of the intimate wipes market.
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What is the leading region in the intimate wipes market?
The Asia Pacific region leads the intimate wipes market.
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Which are the top companies operating in the intimate wipes market?
Procter & Gamble; Edgewell Personal Care; Johnson & Johnson; Kimberly-Clark; ALBAAD; Unicharm Corporation; Bodywise (UK) Limited; Laclede, Inc.; Corman SpA and others are the top companies operating in the intimate wipes market.