Condom Market: Business Opportunities, Current Trends, Market Challenges in 2030

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

The globalcondom marketsize 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. The rise in government initiatives to control population growth, the introduction of new products to enhance sexual pleasure, the growing awareness of contraception and family planning in developing nations, and the rise in casual sex worldwide are the main drivers of the condom market's revenue growth. A condom is a sheath-shaped barrier used to reduce the risk of pregnancy and STDs when engaging in sexual activity. Condoms for both sexes are available on the market. If condoms are used properly, women whose male partners always use them have a 2% annual pregnancy rate, compared to an 18% annual pregnancy rate under normal circumstances.

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Their use considerably lowers the risk of getting trichomoniasis, gonorrhoea, chlamydia, hepatitis B, HIV/AIDS, and also offers some protection from genital herpes, syphilis, and the Human Papillomavirus (HPV).

Many governments throughout the world are starting a variety of campaigns and in-depth sex education programmes to improve adolescent education and promote the use of condoms to fight STDs and prevent unintended pregnancies. In order to control the population increase of the nation, the Indian government has also created the National Family Planning Program, which offers users voluntarily informed choices. The National Department of Health (NDOH) of African nations seeks to make male condoms accessible in every community on the continent.

Global Condom Market research report describes in detail the vital aspects of the Condom Market on a global and regional level. The report offers a comprehensive assessment of recent technological developments, product advancements, current and emerging trends, key statistical data, forecast estimation, and major companies operating in the market. The report covers the impact of the pandemic on the Condom Market industry with a special focus on the affected key segments of the industry.

Some major companies in the global market report includeChurch 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.

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Key Benefits of the Report:

Comprehensive analysis of the competitive scenario and its changing dynamics

Analytical data with detailed SWOT analysis and Porters Five Forces analysis

In-depth 8-year analysis of the Global Condom Market

Critical understanding of the key market segments

Comprehensive analysis of the drivers, restraints, trends, and opportunities

Detailed regional analysis and extensive company profiling

Extensive assessment of current and emerging trends of the market

Emergen Research has segmented the global condom market based on product type, type, flavor, distribution channel, and region:

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

Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)

Mass Merchandiser

Drug Stores/Pharmacy

Online Stores

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Regional Analysis:

The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.

Key regions in the market include:

North America

U.S.

Canada

Europe

U.K.

Italy

Germany

France

Rest of EU

Asia Pacific

India

Japan

China

South Korea

Australia

Rest of APAC

Latin America

Chile

Brazil

Argentina

Rest of Latin America

Middle East Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

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