The sexual health products global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Sexual Health Products Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size —
The sexual health products market size has grown strongly in recent years. It will grow from $110.43 billion in 2023 to $120.93 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to increased public awareness, improvements in healthcare access, advances in pharmaceutical research, changing societal attitudes towards sexual health, and the emergence of targeted therapies.
The sexual health products market size is expected to see strong growth in the next few years. It will grow to $174.67 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to increasing awareness, the rising prevalence of sexual health issues, expanding access to healthcare, and the growing demand for personalized solutions. Major trends in the forecast period include growing demand for personalized treatments, advancements in digital health solutions, increased focus on mental and emotional well-being, the expansion of telemedicine services, and rising interest in natural and holistic remedies.
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Scope Of Sexual Health Products Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Sexual Health Products Market Overview
Market Drivers –
The increasing awareness of human immunodeficiency virus (HIV) infections is expected to propel the growth of the sexual health products market going forward. The human immunodeficiency virus (HIV) is a virus that attacks and gradually destroys the immune system’s CD4 cells. The awareness efforts focus on educating the public about HIV transmission, prevention methods, testing, and the importance of treatment. Sexual health products combine condoms and HIV self-test kits and aid in preventing HIV infections by promoting safer sex practices and facilitating early detection. For instance, in December 2023, according to the National HIV/AIDS Strategy (2022–2025) report published by the White House Office of National AIDS, a US-based Domestic Policy Council, by 2030, the strategy aims for a 90% reduction in new HIV infections, surpassing the 75% reduction target set for 2025, demonstrating a solid commitment to significantly lowering HIV incidence. Therefore, the increasing awareness of human immunodeficiency virus (HIV) infections is driving the growth of the sexual health products market.
Market Trends —
Major companies operating in the sexual health products market are focusing on developing innovative product offerings, such as graphene thinnest condoms, to enhance the user experience and meet growing consumer demand for high-performance, discreet, and comfortable products. Graphene-thinnest condoms refer to condoms made with graphene, a revolutionary material that allows for ultra-thin yet strong and durable protection, enhancing sensitivity and comfort for users. For instance, in October 2023, ONE Condoms, a US-based premium condoms and lubricants manufacturer, launched the world’s first graphene condom, named ONE Flex, designed to be one of the thinnest condoms available, offering 85% more body heat transfer compared to standard latex condoms. ONE Flex’s unique hybrid construction combines graphene with natural rubber latex, offering enhanced sensation and comfort. Clinical trials show a two-to-one preference for ONE Flex over standard latex condoms, suggesting improved user satisfaction. FDA-cleared for preventing STIs and unintended pregnancies, these condoms are available online and at select Walgreens stores.
The sexual health products market covered in this report is segmented —
1) By Type: Sex Toys, Condoms, Lubricants, Female Contraceptives (OTC), Sexual Wellness Supplements (OTC), Performance Enhancement Products, Intimate Hygiene Products, Other Types
2) By Distribution Channel: Supermarkets And Hypermarkets, Pharmacies, Specialty Stores, Online Retailers
3) By Application: Woman, Man
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Regional Insights —
North America was the largest region in the sexual health products market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sexual health products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies —
Major companies operating in the sexual health products market are Reckitt Benckiser Group plc, Church & Dwight Co. Inc., Mankind Pharma Ltd., LELO Ltd., Doc Johnson Enterprises Inc., Karex Berhad, FUJI LATEX CO. LTD., DKT International Inc., Lovehoney Group Ltd., BioFilm Inc., Lifestyles Healthcare Pte Ltd., Standard Innovation Corp., Intimina AB, HLL Lifecare Limited, pjur group Luxembourg S.A., Bijoux Indiscrets SL, BMS Factory S.L., Condom Depot Inc., FUN FACTORY GmbH, Hot Octopuss Ltd., Pharmactive Biotech Products S.L., WOW Tech Group, Bold Care Pvt. Ltd
Table of Contents
1. Executive Summary
2. Sexual Health Products Market Report Structure
3. Sexual Health Products Market Trends And Strategies
4. Sexual Health Products Market — Macro Economic Scenario
5. Sexual Health Products Market Size And Growth
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27. Sexual Health Products Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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