Period Panties Menstrual Underwear Market to Grow at 29.4% of CAGR by 2024: ReportsMonitor.com
Maharashtra, India -- (SBWire) -- 03/23/2019 --Period Panties Menstrual Underwear Market
Summary
Panties in American English (typically called knickers in British English) are a form of underwear usually worn by women for Cross-dressing or for other reasons. Most of period panties provide leak-proof protection; some can actually be worn instead of a pad or tampon.
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As of last year, China was home to the world's largest feminine hygiene population of women ages 12-50 at 388,623,200 accounting for about 19% or one in five women in this category worldwide. This population, however, is expected to decline by 15% by 2030 due to China's aging population and relatively low birth rate and is projected to be surpassed by India. The U.S. and Mexico will see modest growth in their populations in this group at 7% and 9% respectively while Europe will see a decline of 9%.
North America is the largest consumption place, with a consumption market share nearly 36.6% in 2017. Following Asia Pacific is the second largest consumption place with the consumption market share of about 33%.Average industry gross margin is about 60%, that is to say, Period Panties Project is a good investment choice. However, disadvantage factors and threat such as high price in Period Panties Industry should be considered.
According to this study, over the next five years the Period Panties (Menstrual Underwear) market will register a 29.4% CAGR in terms of revenue, the global market size will reach US 370 million by 2024, from US 79 million in 2019.
This study considers the Period Panties (Menstrual Underwear) value and volume generated from the sales of the following segments:
Segmentation by product type:
Women (25-50)
Girls (15-24)
Segmentation by application:
Retail Outlets
Online Shop
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
THINX Inc
PantyProp
Knixwear
Lunapads International
Modibodi
Period Panteez
Anigan
Uucare
DEAR KATE
Key Regions for this market: North America, Europe, APAC, Latin America, and the Middle East & Africa.
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Key Benefits:
1.The research report provides a detailed analysis of the Period Panties Menstrual Underwear Market along with the current and future growth prospects so as to shed light on the prominent investment pockets.
2.Information regarding key growth factors, constraints, and opportunities, along with their impact analysis on the Period Panties Menstrual Underwear Market is provided.
3.Porter's fives forces analysis elaborates the effectiveness of buyers and suppliers operating in the market, globally and regionally.
4.The qualitative and quantitative analysis of the market from 2019 to 2022 is provided to put forth the market potential.
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Overall, this Period Panties Menstrual Underwear market research report depicts thorough overview of the market, which, in turn, will help the industry participants, consultants, equipment manufacturers, as well as the existing key players searching for potential growth opportunities and the stakeholders to align their market-centric strategies in view of the on-going and projected trends in the coming years.
Key questions answered in the report include:
What will the market size and the growth rate by the end of the forecast period?
What are the key industry trends impacting the growth of the market?
What are the key factors driving and restraining the Period Panties Menstrual Underwear market?
What are the challenges to market growth?
What are the market opportunities and threats faced by the key players in the market?
Who are the leading competitors functioning in the market for Period Panties Menstrual Underwear?
What are the key outcomes of Porter's five forces analysis of the Period Panties Menstrual Underwear market?
Conclusion:
The report concludes with the profiles of major players in the Period Panties Menstrual Underwear Market. The foremost market performers are accessed on the basis of various parameters such as company overview, product portfolio, and do on., as well as the latest development trends of the Market.
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