Cora, La Mend Inc. dba The Good Patch, and BeYou Emerging Top Three Flag Bearers in Period Patch Space
NEWARK, DE / ACCESSWIRE / August 25, 2022 / The global period patch market size is poised to grow from US$ 1.2 Bn in 2022 to US$ 1.9 Bn by 2032, exhibiting a CAGR of 4% between 2022 and 2032.
Increasing prevalence of menstrual cramps, introduction of herbal products, and growing health awareness among people are some of the key factors driving demand for period patches.
The feminine care sector is being transformed by the women-owned period brands, which offer tailored birth control products, efficient pain alleviation, and leak-proof solutions. The main focus of the players is on giving women more portable products.
Dysmenorrhea, or menstrual cramps, are sharp or stabbing pains in the lower abdomen of women before and during periods. Some ladies may only find the discomfort irritating. Others may experience menstrual cramps that are so bad that they prevent them from going about their normal lives for a few days each month.
In order to treat the severe period cramps, industry manufacturers are developing items like period patches. For instance, the award-winning product innovation company Sirona is dedicated to resolving the intimate and menstrual hygiene problems that women face worldwide but which are not fully addressed.
The "Beginner's Pain Relief Patch" from Sirona is a wholly ayurvedic patch. In the beginning of the monthly cycle, it is one of the safest methods for preventing cramps. It is anticipated that rise in product offering will eventually increase period patch sales across the globe
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Similarly, introduction of period patches with ayurvedic formulas are penetrating the market at a robust pace. This will further expand the global period patch market size during the forecast period.
Key Takeaways from the Period Patch Market Study
By product type, the heated period patch segment is expected to grow at a CAGR of 4.0% during the forecast period.
In terms of price range, US$ 20- US$ 30 segment has the most market share and is expected to grow at the fastest pace over the assessment period.
Due to changing consumer preferences for new and improved products, North America accounted for the largest share of the period patch market.
The U.S. period patch market is expected to surge at around 4.0% CAGR through 2032.
Demand for period patches across India is likely to grow at a CAGR of ~5.0% during the forecast period of 2022 and 2032
"Leading manufacturers in the global period patch market have raised their R&D efforts with the goal of expanding their product line. Besides this, in an effort to grow their clientele and establish a stronger global presence, businesses are focusing on the new prospective market, " says the FMI analyst.
Leading manufacturers of period patch are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of period patch globally.
Major players present in the period patch market Unexo Life Sciences Pvt. Ltd., Cora, La Mend Inc. dba, The Good Patch, LILAS WELLNESS, Rael, Nua Lagom Labs Private Limited, Care me Inc., Popband Ltd., BeYou, BeBodywise, sirona hygiene private limited, Medi Heally Philippines, Sparsha Pharma International Pvt Ltd among others.
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Future Market Insights, in its new offering, provides an unbiased analysis of the global period patch market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the period patch market based on the period patch market by product type (cool & heated period patch), price range (below US$ 20, US$ 20- US$ 30, US$ 30-US$ 40 and Above US$ 40) sales channel (direct sales, specialty stores, drug stores, departmental stores, online retailers & other sales channel) across seven major regions.
Leading players operating in the market are focusing on expansion, partnership, development, and new product launches in order to expand their business globally.
Nearly 70% of menstrual women in India have cramps, which can disrupt sleep and lead to abnormal mood swings, irritability, and exhaustion. Women's health company Nua has introduced a cutting-edge self-heating patch in 2020 that is specially created to produce up to 8 hours of heat to provide period pain relief.
Cora, La Mend Inc. dba The Good Patch, and BeYou Emerging Top Three Flag Bearers in Period Patch Space!
Cora, La Mend Inc. dba The Good Patch, and BeYou are the top three players manufactures of period patches. Headquartered in San Francisco, California, Cora has become a leading provider of period care and organic period care. The company was founded in 2015 and since then its specialities has expanded significantly.
Recently, Cora introduced their new comfort-focused brand look and expanded its portfolio with new wellness products to meet consumer demands. The new products include "The Comfort Fit Tampon, The Peace-of-Mind Pad, The Got-You-Covered Liner, and The Perfect Fit Disc.
Similarly, La Mend Inc. dba The Good Patch has emerged as a leading provider of period care products. The company offers a variety of wellness items and patches for everyday ailments. The business uses tried-and-true ingredients that are vegan and third-party-tested components that are of the highest purity and standard. People can buy them online through company's website and in a number of big-box stores like Target, Ulta, and CVS, as well as in spas and boutiques all over the country.
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Global Period Patch Market by Category
3.1. Key Trends Impacting the Market
Future Market Insights Most Trending Reports of Consumer Product
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Eco Flooring Market Analysis: The global eco flooring market size is estimated to be valued at ~US$ 78.1 Bn in 2022 and is projected to reach ~US$ 117.9 Bn by 2032. It is set to grow at a CAGR of ~3.4% from 2022 to 2032. Share of eco flooring in the global flooring market is ~4%-10% at present.
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Bladder Liners Market Outlook: The global bladder liners market is estimated to be valued at US$ 1185.44 Mn in 2022 and is projected to reach US$ 2163.34 Mn by 2032. It is set to grow at a CAGR of 6.2% from 2022 to 2032.
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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