Condom Market: A Deep Dive into the Industry’s Key Applications and Technologies

Increasing Incidence of Sexually Transmitted Diseases (STDs) and rising government initiatives to control population explosion are key factors driving condom market revenue growth


Condom Market

The Global Condom Market Research Report is a detailed document describing recent advancements and developments in the field of Condoms considering 2019 as the base year and 2022-2030 as the forecast timeframe. Profiles of both established and up-and-coming players are also provided, together with information on their business strategies, product portfolios, strategic alliances, and business expansion plans. Due to travel restrictions and the influence lockdowns have on supply and demand, the current COVID-19 epidemic is anticipated to have an impact on the expansion of the Condom industry.  The market’s expansion on a national and international level is also covered in the study. In numerous important regions, market growth has been significantly hampered by supply chain interruptions and economic instability.

Many areas of the international market have been impacted by the COVID-19 epidemic, and Condom is probably one of them. The sector’s growth would be further hampered by the recession in the economy and the dynamic shifts in demand. The COVID-19 pandemic’s effects on the entire Condom industry are covered in the paper. The paper examines the pandemic’s present and potential effects as well as the post-pandemic commercial environment. Market size, market share, sales channels, distribution networks, market segments, needs, trends, and growth prospects are all covered in great detail in the report.

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, according to latest analysis by Emergen Research. 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.

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Key companies profiled in the report include:

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

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

The paper provides a thorough examination of the worldwide and regional markets for keywords and forecasts the market for the next eight years. The market’s drivers, restrictions, limitations, growth prospects, challenges, opportunities, and current and upcoming trends are all thoroughly covered in the report. In-depth analysis of the market participants’ businesses, product portfolios, technical breakthroughs, expansion plans, financial status, and international positions is also provided in the study. It also gives light on the competitive landscape’s joint ventures, partnerships, product launches, brand promotions, business and government relationships, licensing agreements, and other types of collaborations.

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In addition, the analytical data are presented in a well-organized format in the form of charts, tables, graphs, figures, and diagrams in the report. This makes it easier for readers to comprehend the market scenario in a beneficial way. In addition, the report aims to provide a forward-looking perspective and an instructive conclusion to assist the reader in making profitable business decisions. The report concludes with a comprehensive SWOT and Porter’s Five Forces analysis of the segments anticipated to dominate the market, regional bifurcation, estimated market size and share, and more.

On the basis of type, the market is segmented into

  • 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
      1. Chocolate
      2. Strawberry
      3. Black Grapes
      4. Hazelnut
      5. Orange
      6. Others

The report further covers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player. The report also provides an in-depth analysis of the applications and product types offered in the market.

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