peeling labia during period

So due to birth control I hadn’t had my period in 3 months, but when I finally did, my labia got very irritated and itchy, and then a few days later I noticed my skin peeling in this area.

I’ve read that I could be having a reaction to the “old blood” but I’ve also considered it could be from the chemicals in pads that I haven’t been exposed to in a while. It’s likely just an allergic reaction, right?