The Condom Market research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market.
The global condom market size was USD 9.82 Billion in 2021 and is expected to register a revenue CAGR of 8.5% during the forecast period. Condom market revenue growth is primarily driven by factors such as increasing incidence of STDs, rising government initiatives to control population explosion, launch of new products to enhance sexual pleasure, growing awareness to prevent unwanted sex and family planning in developing countries, and increasing instance of casual sex globally. A condom is a sheath-shaped protection worn during sexual activity to lower risk of pregnancy and sexually transmitted diseases. There are male and female condoms accessible in the market. Women whose male partners always use condoms have a 2% annual pregnancy rate if condoms are used correctly, while pregnancy rate is 18% each year under normal conditions. Their use significantly reduces likelihood of contracting trichomoniasis, gonorrhea, chlamydia, hepatitis B, and HIV/AIDS and also provides some protection from Human Papillomavirus (HPV), genital herpes, and syphilis.
Several governments throughout the world are launching various campaigns and comprehensive sex education programs to enhance youth information and promoting use of condoms to combat STDs and avoid unplanned births. In addition, the Indian government has implemented National Family Planning Program, which provides users with voluntary and well-informed options through a target-free approach to regulate the country's population growth. In African countries, National Department of Health (NDOH) works to ensure that male condoms are available in every community across the continent.
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Competitive Outlook:
The leading companies operating in the Condom market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Companies profiled in the global Condom market:
Church & Dwight Co., Inc., Fujilatex Co., Ltd, Reckitt Benckiser Group Plc, Karex Berhad, Lelo, Lifestyles Healthcare Pte Ltd., Veru, Inc., Mayer Laboratories, Inc., Okamoto Industries, Inc., and Cupid Limited
Key Points Covered in This Section:
Regional contribution
Estimated revenue generation
Vital data and information about the consumption rate in all the leading regional segments
An expected rise in market share
Forecast growth in the overall consumption rate
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Segments Covered in this report are:
-
Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Male Condom
- Female Condom
-
Type Outlook (Revenue, USD Billion; 2019-2030)
- Latex Condom
- Non- latex Condom
-
Flavor Outlook (Revenue, USD Billion; 2019-2030)
- Non-flavored
- Flavored
- Chocolate
- Strawberry
- Black Grapes
- Hazelnut
- Orange
- Others
The report also offers regional level analysis and market estimation for the regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Regional Outlook of Condom Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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Table of Contents:
Chapter 1 includes an introduction of the global Condom market, along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application.
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