Consumer Goods Market Report

20-mar-2019 The global sanitary napkin market is expected to register a double-digit CAGR of 5.2% by 2023. The market displays an upward trend exhibiting some positive remarks about the variables in the market. Revenue growth is projected to be comparatively high in this period resulting into a higher production and consumption. The key players in the market have adopted strategic alliances for merger & acquisitions. Sanitary napkin market is driven by factors such as rise in awareness and innovations in product design, NGO activities for parental awareness pertaining to hygiene in menstrual periods and the effective use of sanitized napkins. In addition, increase in the demand for sanitized products in the developing regions trigger the market growth. Rise in mortality rate due to ovarian cancers also calls for sanitary napkins. However, low awareness, traditions and false beliefs pertaining to the use of sanitary pads are likely to disturb the market growth in the forecast p...