Australia Period Care Expected Set to Reach $1,028.7, Grow a CAGR Of 5.3 % Forecast To 2030

December 08, 2023 09:54 PM AEDT | By EIN Presswire
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The report provides an extensive analysis of the current & emerging trends and opportunities in the Australia period care market.

WILMINGTON, DELAWARE, UNITED STATES, December 8, 2023 /EINPresswire.com/ -- The Australia period care market was valued at $630.0 million in 2020, and is projected reach $1,028.7 million by 2030, registering a CAGR of 5.3% from 2021 to 2030.Sanitary pads, tampons, panty liners, menstrual cups, and period underwear are considered as the menstrual care or period care products. These products help absorb the menstrual fluid. Sanitary pads are the most commonly used menstrual care products among all types of period care products due to its higher penetration in Australia.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐“๐ก๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐Ž๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/request-sample/14685

Innovative product launches coupled with increase in health concerns amongst women have been the major factors driving the growth of the feminine hygiene products market. Moreover, increase in number of working women in Australia has fueled the growth of the market. Increased government initiatives to spread awareness regarding period care boosts the growth of the Australia period care market. The Sustainable Period Project is an initiative in Australia that helps in educating the Australian women regarding the reusable and sustainable period care options.

The adoption of reusable menstruation care products is on an increase owing to the rise in emphasis on the sustainable products. Most of the disposable period care products are made using plastic, which is non-biodegradable and they harm the environment. Disposable sanitary pads are one of the highest waste generators in Australia. Increase in focus on product innovations and surge in emphasis on tampons made of organic and biodegradable materials are the factors expected to fuel the growth of the period care market in Australia. The reusable period care products have gained traction in the past few years. There are many people who cannot afford the costs of buying menstruation care products regularly.

Therefore, washable and reusable period care products is gaining immense traction and it also helps in reducing the menstrual care wastes management. In addition, rise in environmental concerns regarding the disposable wastes of period care products fosters the growth of the reusable period care products across Australia. The outbreak of the COVID-19 brought a temporary disruption in the Australia period care market. The production of the period care products hampered and this created a gap between demand and supply. This resulted in a price hike of the period care products.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ :
-LOVE LUNA AU, BONDS
-UNICHARM CORPORATION
-KNICKED
-KIMBERLY-CLARK CORPORATION
-PROCTER & GAMBLE
-JUJU (FREEDOM PRODUCTS)
-WUNDERTHINGS
-MODIBODI EU
-EDGEWELL PERSONAL CARE COMPANY

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  : https://www.alliedmarketresearch.com/purchase-enquiry/14685

As per the Australia period care market forecast, by distribution channel, the pure play online segment is expected to grow at a significant rate during the forecast period. This is attributed to the rise in adoption of smartphones and increase in penetration of internet.

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ :
โ€ข The Australia period care market was valued at $630.0 million in 2020, and is estimated to reach $1,028.7 million by 2030, growing at a CAGR of 5.3% during the forecast period.
โ€ข By product type, the period underwear segment is estimated to witness the fastest growth, registering a CAGR of 7.4% during the forecast period.
โ€ข By distribution channel, the pure play online segment is estimated to witness the fastest growth, registering a CAGR of 7.4% during the forecast period

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/checkout-final/43168ef6de4087322de6e4e0d5d5c13e

๐‘๐ž๐š๐ฌ๐จ๐ง๐ฌ ๐“๐จ ๐๐ฎ๐ฒ ๐“๐ก๐ข๐ฌ ๐€๐ฎ๐ฌ๐ญ๐ซ๐š๐ฅ๐ข๐š ๐๐ž๐ซ๐ข๐จ๐ ๐‚๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ :
> Mergers and acquisitions should be well-planned by identifying the best manufacturer.
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๐…๐‘๐„๐๐”๐„๐๐“๐‹๐˜ ๐€๐’๐Š๐„๐ƒ ๐๐”๐„๐’๐“๐ˆ๐Ž๐๐’?
Q1. At what CAGR, the Australia Period Care Market will expand from 2021 - 2030?
Q2. What will be the market value of Australia Period Care Market by the end of 2030?
Q3. How can I get sample report of Australia Period Care Market?
Q4. Which are the factors that drives Australia Period Care Market growth?
Q5. Who are the leading players in Australia Period Care Market?
Q6. How can I get company profiles of top ten players of Australia Period Care Market?
Q7. What are the segments of Australia Period Care Market?
Q8. Which segment would grow at a highest CAGR during the forecast period?
Q9. By Region, which segment will dominate the market by the end of 2030?

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ :
Europe Period Care Market
UK Period Care Market
Mexico Period Care Market https://www.alliedmarketresearch.com/mexico-period-care-market-A90612
Canada Period Care Market https://www.alliedmarketresearch.com/canada-period-care-market-A90611

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ :
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