Global Period Panties Market Industry Trends, Opportunities, Estimation & Forecast, 2019-2027
Period panties are having considerable inclination by the women because of its advantages associated with it during the recent years. Therefore panties are having much comfort in contrast to the menstrual pads, cups, and tampons. New menstruation panties were offered in 2011 which are irritation-free menstruation, controlling the stains during the period has stimulated its market growth. The period panties market is estimated to have an exponential rise by the materials applied in these period panties that are stain-resilient, highly absorbent, and are of anti-microbial features.
Moreover, advanced period panties are capable of soaking up menstrual blood, 10 times higher in contrast to the regular sanitary pads and tampons. The material are cautiously designed along with an innovative technology with an assistance for fighting against bad odor and supports in women staying arid longer interval of time that is increasing the demand of these products exponentially in the recent years. It is an important factor that are advancing the developments of these period panties market during the forecast period.
“Global Period Panties Market was Valued at US$ xx Bn in 2018 and it is Expected to Reach More than US$ xx Bn by 2027, Likely to Grow with the CAGR of 25.6% During the Forecast Period”
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Online mode of sales segment is dominant in the market of period panties globally because of its reach and easy delivery process. It could be attributed to the increased awareness among the customers on online mode of purchasing and technological adoption. However there are several means of organizations that are offering these period panties in the recent years due to a shift of customers towards adopting latest technologies are contributing to the market growth.
Asia Pacific region is leading the market of period’s panties because of an increasing population in this region. It could also be attributed to an increasing working women population in this region are contributing to the market demand of period panties in the recent years. There are various advantages associated with the adoption of period panties to the women that is expanding the demand of these offerings in this region at a rapid speed.
The organizations offering period panties are considerably involved in the research and development activities that is creating competitive edge by new offerings in this market. However these companies are operating in the consolidated market with few major players associated with period panties market.
Prominent players associated with this market are listed as follows: Period Panteez, Adira, PantyProp, WUKA, Dear Kate, Flux, Modibodi, Knixwear, Clovia, Fannypants, Lunapads International, THINX Inc., Harebrained, and Anigan.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
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e) Market assessment, regional
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