Wilmington, Delaware, Nov. 28, 2023 (GLOBE NEWSWIRE) -- According to RationalStat’s most recent industry analysis, the Global Biodegradable Sanitary Napkins Market value is estimated at US$ 1.9 billion in 2023 and is expected to rise at a strong CAGR of over 21.8% over the forecast period of 2023-2030.
Market Definition, Market Scope, and Report Overview
Biodegradable sanitary napkins are feminine hygiene products designed to be environmentally friendly by breaking down naturally over time, reducing the environmental impact associated with conventional disposable sanitary napkins. These products are typically made from materials that can decompose, minimizing the accumulation of non-biodegradable waste.
Increasing awareness of environmental issues and a growing concern about the impact of plastic waste on ecosystems have prompted consumers to seek eco-friendly alternatives. Biodegradable sanitary napkins offer a more sustainable option compared to traditional ones made from non-biodegradable materials.
According to a deep-dive market assessment by RationalStat, the global Biodegradable Sanitary Napkins market has been analyzed on the basis of market segments, including material, distribution channel and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the global Biodegradable Sanitary Napkins market covers market sizes on the basis of market value (US$/EUR Million), volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the global Biodegradable Sanitary Napkins market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Biodegradable Sanitary Napkins Market: Segmental and Market Share Analysis
- On the basis of distribution channel, supermarkets and hypermarkets hold the largest share in the global biodegradable sanitary napkins market.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 1.9 billion |
| Market Size Forecast | US$ 7.6 billion |
| Growth Rate | 21.8% |
| Dominant Segment | Supermarkets and Hypermarkets |
| Dominant Region | North America |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global biodegradable sanitary napkins market include.
- In June 2023, Niine Sanitary Napkins, India's leading provider of premium and affordable hygiene solutions, launched the country's first PLA-based biodegradable sanitary pads. These pads are CIPET-certified, with more than 90% disintegrating in 175 days and the remainder in a year.
Some of the prominent players and suppliers operating and contributing significantly to the global biodegradable sanitary napkins market growth include Bamboo Babe, Carmesi, Delipap Oy, EnviroBren, Heyday, Natracare, Plastfree, Saathi, Sparkle, and Planera, among others.
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RationalStat has segmented the global biodegradable sanitary napkins market based on material, distribution channel and region
- Global Biodegradable Sanitary Napkins Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Material
- Bamboo-Corn
- Cotton
- Banana Fibre
- Others
- Global Biodegradable Sanitary Napkins Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Distribution Channel
- Supermarkets and Hypermarkets
- Organic Stores
- Pharmacies
- Online
- Global Biodegradable Sanitary Napkins Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Region
- North America Biodegradable Sanitary Napkins Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
- US
- Canada
- Latin America Biodegradable Sanitary Napkins Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Biodegradable Sanitary Napkins Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Biodegradable Sanitary Napkins Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Biodegradable Sanitary Napkins Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Biodegradable Sanitary Napkins Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Biodegradable Sanitary Napkins Market Value (US$ Million), Volume (Units) and Market Share (2019-2030) Analysis by Country
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Key Questions Answered in the Biodegradable Sanitary Napkins Report:
- What will be the market value of the global Biodegradable Sanitary Napkins market by 2030?
- What is the market size of the global Biodegradable Sanitary Napkins market?
- What are the market drivers of the global Biodegradable Sanitary Napkins market?
- What are the key trends in the global Biodegradable Sanitary Napkins market?
- Which is the leading region in the global Biodegradable Sanitary Napkins market?
- What are the major companies operating in the global Biodegradable Sanitary Napkins market?
- What are the market shares by key segments in the global Biodegradable Sanitary Napkins market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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