In terms of revenue, the global biodegradable sanitary pad market was valued at US$ 1366.2 Mn in 2021, projected to grow at a CAGR of 22.8% over the forecast period. Hygiene is extremely important to maintain great health and this is why sanitary pads have proven to be a life-saving invention. Not just hygiene, but by using sanitary pads women have gained massive amount of confidence even when they are experiencing monthly periods or menstruation. Sanitary pads absorb excessive blood and fluid expelled by the women at the time of menstruation. While the existing sanitary pads are made out of synthetic fibres, and despite having higher absorption rate, recycling them is a big task. On the biodegradable sanitary pads have truly arrived as a great replacement for conventional sanitary pads. These pads can be easily disposed thanks to their manufacturing from material that is organic with almost no plastic. This is the reason why global biodegradable sanitary pad market is growing rampantly.
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Meanwhile the global biodegradable sanitary pad market incurred huge loses in the times of coronavirus pandemic. Several factors like fallen demand, no labour, and lack of logistic options dented the amount of revenue generated by this market.
Majority of developing countries are promoting hygiene especially of private parts in women. Country of India is the biggest example of it. The Indian government has been distributing free sanitary pads, specifically made from organic material like cotton. This drives the growth of the global biodegradable sanitary pad market. On the other hand, higher amount of cost in regards with production of biodegradable sanitary pads proves hindrance to the growth of this market.
Despite couple of hurdles, the global biodegradable sanitary pad market is forecasted to witness tremendous growth over the period of next few years. This will be primarily because of increasing awareness of sustainable development among people living in the urban areas.
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By Distribution Channel, Online Segment is forecasted to witness growth at the fastest rate for The Global Biodegradable Sanitary Pad Market in 2022
Awareness regarding hygiene of private parts is on a rise in several developing countries, though women are not yet comfortable to buy sanitary pads openly. This is where online sites and stores have proven a blessing for them. This is the reason why this segment will witness tremendous growth.
Europe Region is Expected to Witness second highest growth Over the Forecast Period (2022 – 2030) in the Global Biodegradable Sanitary Pad Market
The region is Europe will dominate in terms of revenue courtesy of developed countries like the United Kingdom, France, Germany and Italy. Governments in the European Union are more concerned about nature and climatic changes, and are promoting biodegradable products.
Some of the major players operating in the global biodegradable sanitary pad market are listed below:
- Corman S.p.A
- Procter & Gamble
- Seventh Generation Inc.
- Shenzhen BINGBING Paper Co.
- Unicharm Corporation
- Veeda USA
- Other Market Participants
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Global Biodegradable Sanitary Pad Market Segmentation
Global biodegradable sanitary pad market has been segmented by type, size, distribution channel, source and region which is further classified into respective countries:
Global Biodegradable Sanitary Pad Market Type Outlook (Revenue, USD Million, 2015 - 2030)
- Day Pads
- Night Pads
Global Biodegradable Sanitary Pad Market Size Outlook (Revenue, USD Million, 2015 - 2030)
Global Biodegradable Sanitary Pad Market Distribution Channel Outlook (Revenue, USD Million, 2015 - 2030)
- Hypermarkets/ Supermarkets
- Retail Stores
Global Biodegradable Sanitary Pad Market Source Outlook (Revenue, USD Million, 2015 - 2030)
- Organic cotton
- Corn starch
- Banana fibre
- Corn-based bio-plastic
- Virgin pulp (including banana fiber)
Global Biodegradable Sanitary Pad Market Regional Outlook (Revenue, USD Million, 2015 - 2030)
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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