Latin America Feminine Intimate Care Market Size & Outlook
Latin America feminine intimate care market highlights
- The Latin America feminine intimate care market generated a revenue of USD 171.5 million in 2023.
- The market is expected to grow at a CAGR of 2.9% from 2024 to 2030.
- In terms of segment, otc products was the largest revenue generating product in 2023.
- OTC Products is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 171.5 million |
| Market revenue in 2030 | USD 209.9 million |
| Growth rate | 2.9% (CAGR from 2023 to 2030) |
| Largest segment | Otc products |
| Fastest growing segment | OTC Products |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OTC Products |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.0% of the global feminine intimate care market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 103.9 million by 2030.
Otc products was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America feminine intimate care market based on otc products covering the revenue growth of each sub-segment from 2018 to 2030.
As per data released by the World Bank Group in September 2020, literacy rates among adult females (aged 15 and above) in the American & Caribbean region were reported to be 93.86% in 2019, which is just one percentage point lower than the literacy rate among adult men.
These figures indicate at a growing awareness among women about numerous aspects, including feminine health and hygiene. This is likely to encourage an increasing number of women across Central & South America to adopt intimate care products. Moreover, increasing product accessibility is likely to push market growth over the forecast period.
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Feminine Intimate Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Morphe | View profile | 51-100 | San Francisco, California, United States, North America | https://www.morphe.com/ |
| Combe | View profile | 251-500 | White Plains, New York, United States, North America | http://www.combe.com |
| Sliquid | View profile | 1-10 | Dallas, Texas, United States, North America | https://sliquid.com |
| CTS Corp | View profile | 4081 | 4925 Indiana Avenue, Lisle, IL, United States, 60532 | https://www.ctscorp.com |
| Bayer AG | View profile | 99723 | Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 | https://www.bayer.com |
| Sanofi SA | View profile | 87994 | 46, avenue de la Grande Armée, Paris, France, 75017 | https://www.sanofi.com |
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