Vietnam Menstrual Cups Market by Product Type (Reusable Menstrual Cups and Disposable Menstrual Cups), Material (Medical Grade Silicones, Natural Latex Rubber, and Thermoplastic Elastomer), and Distribution Channel (Online Stores and Pharmacies/Retail Stores): Opportunity Analysis and Industry Forecast, 2019–2026
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A05022
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Pages: 86
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Jul
2019 |
1914 Views
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Author(s) :
Surabhi Pandey and Onkar Sumant
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Tables: 30
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Charts: 15
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Formats*:
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The Vietnam menstrual cups market size was $1.521 million in 2018, and is projected to reach $2.264 million by 2026, registering a CAGR of 5.2% from 2019 to 2026.
A menstrual cup is a type of feminine hygiene product. It’s a small, flexible funnel-shaped cup made of rubber or silicone that can be inserted into the vagina to collect period fluid during menstruation. Its purpose is to prevent menstrual fluid from leaking onto clothes. Menstrual cups are reusable and disposable, wherein the reusable menstrual cups are shaped similar to a bell with a stem and disposable menstrual cups are shaped like a disc. These cups need to be removed every 4 to 12 hours (depending on the flow), and emptied, rinsed, & reinserted. The disposable cups are single use and needs to be disposed whereas reusable cups can be stored after wash and boiled for reuse. Reusable cups can be used for up to five years or more.
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The Vietnam healthcare industry is on a high growth trajectory currently and Vietnam has good scope for developing menstrual cups manufacturing sites across the country, due to growth in health awareness and feminine hygiene products among the population. However, the menstrual cup manufacturers need to invest extensively to increase production capacity, as their demand is experiencing rapid growth. For instance, the demand for menstrual cups is high among the young generation and educated women owing to their safety and better use as compared to tampons and sanitary napkins. In addition, longer use of menstrual cups is completely safe as these cups are cost-effective and environment friendly. The personal beliefs and free movement after wearing menstrual cups are increasing the popularity of these products among Vietnamese women. Hence, these aforementioned factors help fuel the Vietnam menstrual cups market.
The major factors that drive the growth of the Vietnam menstrual cups market include increase in awareness among the population about the available options during menstruation. Huge number of awareness campaigns are being conducted by women communities, educational institutes, and non-profit organization that also help boost the growth of the market. In addition, rise in women populace coupled with high costs of sanitary pads and tampons further fuels the market growth. However, additional substitutes as well as high cost of menstrual cups along with cultural resistance and limited level of acceptance of these sanitary protections are expected to hamper the market growth. On the contrary, rise in awareness about eco-friendly and safety sanitary protections is anticipated to create lucrative opportunities for the menstrual cup manufacturers in Vietnam in near future.
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Product Type segment review
Based on product type, the Vietnam menstrual cups market is bifurcated into reusable menstrual cups and disposable menstrual cups. The reusable menstrual cups segment generated the highest revenue in 2018 and is anticipated to maintain its dominance throughout the forecast period, owing to their reusability that renders them cost-effective, large number of availabilities of the reusable products with the variety in material and sizes. However, disposable menstrual cups create wastes that are harmful for the environment. In addition, availability of the product is less in Vietnam as compared to reusable menstrual cups. Therefore, this is expected to hamper the disposable menstrual cups market growth in the near future.
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Material segment review
Based on the material of menstrual cups, the Vietnam menstrual cups market is segmented into medical grade silicones, natural latex rubber, and thermoplastic elastomer. The thermoplastic elastomer segment is projected to exhibit the highest growth during the forecast period. This is attributed to the increase in demand for cost-effective medical application and rise in awareness on environment-friendly menstrual care options. Hence, thermoplastic elastomers can be recycled, which make them cost-effective and eco-friendly.
The key players operating in the Vietnam menstrual cups market include Anigan, Diva International Inc., Fleurcup, Jaguara, s.r.o., Lingroup Co., Ltd. (Lintimate), Lune Group Oy Ltd., Lena Cup, Mooncup Ltd., Me Luna GmbH, OVA Vietnam Company Limited, Sterne (Si-Line), and YUUKI Company s.r.o., and others.
Key Benefits for Vietnam Menstrual Cups Market:
- This report provides a detailed quantitative analysis of the current Vietnam menstrual cups market trends and forecast estimations from 2019 to 2026, which assists to identify the prevailing market opportunities.
- An in-depth Vietnam menstrual cups market analysis includes analysis of various regions is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate country-specific plans.
- A comprehensive analysis of the factors that drive and restrain the growth of the market is provided.
- Country-level market conditions are comprehensively analyzed in this report.
- The projections in this report are made by analyzing the current trends and future market potential from 2019 to 2026 in terms of value.
- Key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding the competitive outlook of the Vietnam menstrual cups market.
Vietnam Menstrual Cups Market Segments:
By Product Type
- Reusable Menstrual Cups
- Disposable Menstrual Cups
By Material
- Medical Grade Silicones
- Natural Latex Rubber
- Thermoplastic elastomer
By Distribution Channel
- Online Stores
- Pharmacies/Retail Stores
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market Share Analysis, 2017
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Increasing awareness among the population about the available options during menstruation
3.5.1.2. Availability of different cups and sizes
3.5.1.3. Benefits of menstrual cups over pads and tampons
3.5.2. Restraints
3.5.2.1. Availability of substitutes and cost of menstrual cups
3.5.2.2. Cultural resistance and limited level of acceptance of the sanitary protections
3.5.3. Opportunity
3.5.3.1. Growth in awareness about safety sanitary protections in Vietnam
CHAPTER 4: VIETNAM MENSTRUAL CUPS MARKET, BY PRODUCT TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Reusable Menstrual Cups
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.3. Disposable Menstrual Cups
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
CHAPTER 5: VIETNAM MENSTRUAL CUPS MARKET, BY MATERIAL
5.1. Overview
5.1.1. Market size and forecast
5.2. Medical Grade Silicones
5.2.1. Market size and forecast
5.3. Natural Latex Rubber
5.3.1. Market size and forecast
5.4. Thermoplastic Elastomer
5.4.1. Market size and forecast
CHAPTER 6: VIETNAM MENSTRUAL CUPS MARKET, BY DISTRIBUTION CHANNEL
6.1. Overview
6.1.1. Market size and forecast
6.2. Online Stores
6.2.1. Market size and forecast
6.3. Pharmacies/Retail Stores
6.3.1. Market size and forecast
CHAPTER 7: COMPANY PROFILES
7.1. Anigan
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Product portfolio
7.2. Diva International Inc.
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.3. Fleurcup
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Product portfolio
7.4. Jaguara, s.r.o.
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.5. Lingroup Co., Ltd.
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Key strategic moves and developments
7.6. Lune Group Oy Ltd.
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Product portfolio
7.7. Lena Cup
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Product portfolio
7.8. Me Luna GmbH
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Product portfolio
7.9. Mooncup Ltd.
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Product portfolio
7.10. OVA Vietnam Company Limited
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Product portfolio
7.11. Sterne (Si-Line)
7.11.1. Company overview
7.11.2. Company snapshot
7.11.3. Product portfolio
7.12. YUUKI Company s.r.o.
7.12.1. Company overview
7.12.2. Company snapshot
7.12.3. Product portfolio
LIST OF TABLES
TABLE 01. VIETNAM MENSTRUAL CUPS MARKET, BY PRODUCT TYPE, 2018–2026 ($MILLION)
TABLE 02. VIETNAM MENSTRUAL CUPS MARKET, BY MATERIAL, 2018–2026 ($MILLION)
TABLE 03. VIETNAM MENSTRUAL CUPS MARKET, BY APPLICATION, 2018–2026 ($MILLION)
TABLE 04. ANIGAN: COMPANY SNAPSHOT
TABLE 05. ANIGAN: PRODUCT PORTFOLIO
TABLE 06. DIVA: COMPANY SNAPSHOT
TABLE 07. DIVA: OPERATING SEGMENTS
TABLE 08. DIVA: PRODUCT PORTFOLIO
TABLE 09. FLEURCUP: COMPANY SNAPSHOT
TABLE 10. FLEURCUP: PRODUCT PORTFOLIO
TABLE 11. JAGUARA: COMPANY SNAPSHOT
TABLE 12. JAGUARA: OPERATING SEGMENTS
TABLE 13. JAGUARA: PRODUCT PORTFOLIO
TABLE 14. LINTIMATE: COMPANY SNAPSHOT
TABLE 15. LINTIMATE: OPERATING SEGMENTS
TABLE 16. LINTIMATE: PRODUCT PORTFOLIO
TABLE 17. LUNETTE: COMPANY SNAPSHOT
TABLE 18. LUNETTE: PRODUCT PORTFOLIO
TABLE 19. LENA: COMPANY SNAPSHOT
TABLE 20. LENA: PRODUCT PORTFOLIO
TABLE 21. ME LUNA: COMPANY SNAPSHOT
TABLE 22. ME LUNA: PRODUCT PORTFOLIO
TABLE 23. MOONCUP: COMPANY SNAPSHOT
TABLE 24. MOONCUP: PRODUCT PORTFOLIO
TABLE 25. OVA VIETNAM: COMPANY SNAPSHOT
TABLE 26. OVA VIETNAM: PRODUCT PORTFOLIO
TABLE 27. STERNE: COMPANY SNAPSHOT
TABLE 28. STERNE: PRODUCT PORTFOLIO
TABLE 29. YUUKI: COMPANY SNAPSHOT
TABLE 30. YUUKI: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01. SEGMENTATION OF VIETNAM MENSTRUAL CUPS MARKET
FIGURE 02. TOP INVESTMENT POCKETS, 2018
FIGURE 03. LOW BARGAINING POWER OF SUPPLIERS
FIGURE 04. MODERATE BARGAINING POWER OF BUYERS
FIGURE 05. HIGH THREAT OF SUBSTITUTION
FIGURE 06. MODERATE THREAT OF NEW ENTRANT
FIGURE 07. MODERATE COMPETITIVE RIVALRY
FIGURE 08. MARKET SHARE ANALYSIS, 2017
FIGURE 09. REUSABLE MENSTRUAL CUPS MARKET, 2018–2026 ($MILLION)
FIGURE 10. DISPOSABLE MENSTRUAL CUPS MARKET, 2018–2026 ($MILLION)
FIGURE 11. MEDICAL GRADE SILICONES MENSTRUAL CUPS MARKET, 2018–2026 ($MILLION)
FIGURE 12. NATURAL LATEX RUBBER MENSTRUAL CUPS MARKET, 2018–2026 ($MILLION)
FIGURE 13. THERMOPLASTIC ELASTOMER MENSTRUAL CUPS MARKET, 2018–2026 ($MILLION)
FIGURE 14. ONLINE STORES FOR VIETNAM MENSTRUAL CUPS MARKET, 2018–2026 ($MILLION)
FIGURE 15. PHARMACIES OR RETAIL STORES FOR VIETNAM MENSTRUAL CUPS MARKET, 2018–2026 ($MILLION)
A menstrual cup is a feminine hygiene device that is used to collect menstrual fluid and prevent it from leaking on the clothes. A menstrual cup is an environment-friendly alternative to sanitary pads and tampons. The utilization of menstrual cups is projected to witness a significant rise, owing to rise in awareness about feminine hygiene products, and increase in demand for eco-friendly products. The market is largely fragmented, and several manufacturers have focused on offering reusable and disposable menstrual cups.
Menstrual cups are utilized as feminine hygiene products during menstruation and its demand is experiencing rise every year, owing to its long lasting, cost-effective, and mess-free features. Silicone reusable menstrual cups are in high demand in the industry, due to their reusability, hypoallergenicity, comfort, and longtime use. In addition, rise in the women populace coupled with high costs of sanitary pads and tampons further boost the market growth. Furthermore, these cups are easy to use and do not create any complication during menstruation. They also reduce the risk of post menstrual infection, which further propels the market growth. However, the cultural resistance in Vietnam decreases the level of acceptance of these sanitary protections. Also, high initial cost of the menstrual cup is expected to hinder the market growth.
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