Condom Market Overviews
Condom Market was valued at USD 12.51 billion in 2023. Global Condom Market size is estimated to grow at a CAGR of 8.51% over the forecast period
Further, the Condom Market is segmented by Material Type, Product Outlook, Distribution Channel and geography. On the basis of Material Type, the Condom Market is segmented under Latex Condoms, Non-latex Condoms. Based on the Product Outlook, the Condom Market is segmented under Male Condoms, Female Condoms. On the basis of Distribution Channel, Mass Merchandizers, Drug Stores, E-commerce. By geography, the market covers the following Regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD Billion).
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Condom Market Scope and Methodology:
Governments in different nations are presenting various missions and complete sex instructive projects to develop awareness among youth further and urge them to involve contraceptives to battle STDs and forestall undesirable pregnancies. In India, the Ministry of Health and Family Welfare obtains condoms conveyed by NACO/SACS to high-gamble with gatherings (HRGs) using TI NGOs/ICTC/ART habitats for HIV/AIDS anticipation. Also, in recent years, the Bihar government began appropriating condoms to migrant workers to stop undesirable pregnancies. While, in African nations, the National Department of Health (NDOH) is attempting to guarantee that male condoms are promptly accessible in all networks throughout the region.
Condom Market Regional Insights
Based on regional analysis Asia Pacific segment is expected to dominate the market through the forecast period. China is one of the biggest business sectors for condoms around the world. Chinese specialists have tended in the past to supply condoms either for nothing or at financed costs. As of late, the extension of the working class has set out additional open doors for people to practice individual flexibility by buying great condoms at more exorbitant costs from retail locations. Such factors have been positive for famous condom brands, for example, Okamoto, which has earned brand respect inside the medium-and exorbitant cost sections. One more main consideration behind the market development in China is that it is described by savage rivalry, with north of 200 producers contending basically on cost. The favourable government regulations in developing countries like India are expected to dominate the market through the forecast period. North America holds the major share in the market. And expected to grow significantly through the forecast period.
Condom Market Segmentation
By Material Type, the Condom Market is segmented into Latex condoms and non-Latex Condoms. Latex condoms hold the largest share in the market. And it is expected to dominate the market through the forecast period. As these types of condoms have excellent stretchability and strength as compared to non-latex materials such as polyurethane. Moreover, the various allergies such as urinal infection, and itching shifted the consumer’s interest toward non-latex condoms through the forecast period. Thus, the key players are focusing on making safer latex products that do not cause any side effects.
Condom Market Key Players
Church & Dwight Co., Inc.
Fuji Latex Co., Ltd.
Reckitt Benckiser Group
Karex Berhad
Lelo
LifeStyles Healthcare Pte Ltd.
Veru, Inc.
Mayer Laboratories, Inc.
Okamoto Industries, Inc.
Cupid Limited
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Key questions answered in the Condom Market are:
- What is Condom ?
- What was the Condom market size in 2023?
- What is the growth rate of the Condom Market?
- Which are the factors expected to drive the Condom market growth?
- What are the different segments of the Condom Market?
- What growth strategies are the players considering to increase their presence in Condom ?
- What are the upcoming industry applications and trends for the Condom Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Condom Market?
- Who are the leading companies and what are their portfolios in Condom Market?
- What segments are covered in the Condom Market?
- Who are the key players in the Condom market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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