Biodegradable Pads Market Scope
Biodegradable Pads, also known as a sanitary pad or menstrual pad is a thin or thick pad made up of super absorbent material that absorbs menstrual fluid during the menstruation period. These pads do not have synthetic or chemical-based raw materials and are eco-friendly in nature. According to the National Family Health Survey of 2015-16, about 58% of women aged between 15 to 24 years use locally prepared napkins, sanitary napkins, and tampons. This growing use of sanitary products is expected to drive the demand for biodegradable pads due to their natural and cost-effective properties.
According to AMA, the Global Biodegradable Pads market is expected to see growth rate of 19.14%
Procter & Gamble (United States), Unicharm Corporation (Japan), Shenzhen BINGBING Paper Co., Ltd. (China), Berkshire Hathaway (United States), Carmesi (India), Saathi (India), Anandi (India), Sakhi (India) and Heyday (India) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Biodegradable Pads market and Region with country level break-up.
On the basis of geography, the market of Biodegradable Pads has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In March 2018, The Government of India launched biodegradable sanitary napkins, priced at Rs 2.50 per pad, on the eve of International Women's Day, which will be available at Pradhan Mantri Bhartiya Janaushadhi Pariyojana Kendras.
Market Trend
- Trend for E-Commerce and Increasing Acceptance of Biodegradable Pads
Market Drivers
- Government Schemes and Programmers for Feminine Hygiene
- Increasing Population of Working Women
- Increasing Health Issues Such As Skin Irritation and Rashes
Opportunities
- Improving Distribution Networks for Biodegradable Pads
- Growing Awareness about Female Hygiene
- Elevating incomes and the Availability of Biodegradable Pads at an Affordable Price
- Development of a Highly Absorbent and Antibacterial Biodegradable Pad From Bamboo
Restraints
- Availability of Substitute Product
Challenges
- Ongoing Use of Non-Degradable Pads
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Biodegradable Pads Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry