Condom Market Report Update: 2030 Forecast and Trends

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Global Condom Market was valued at USD 8.64 Billion in 2021 and is expected to reach USD 14.67 Billion by the year 2028, at a CAGR of 7.85%. 

The term "condom" refers to a tiny pouch that seals off the vagina from sperm. Male and female condoms are two different kinds of condoms. The cornerstone of the AIDS response is prevention. Programs for complete prevention and care must include condoms as a fundamental component, and their promotion has to pick up speed. Furthermore, the demand for condoms is being driven by the rise in the rates at which consumers worldwide are adopting contraceptive products. Additionally, the global market is growing because to increased awareness brought about by government activities linked to comprehensive sex education programs designed to combat the prevalence of STDs.

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Players Covered in Condom Market are:

Reckitt Benckiser Group PLC., Humanwell Group, Church & Dwight, Karex Berhad, Fuji Latex Co. Ltd, Cupid Limited, Okamoto Industries Inc., Veru Inc., Mankind Pharma, Mayer Laboratories Inc.

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Introspective Market Research provide comprehensive market research studies, delivering valuable insights and strategic guidance to businesses worldwide. Our operations are driven by accurate analysis and extensive coverage of all the areas to offer reliable reports.

Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.

Segmentation Analysis of the Condom Market

By Material Type

  • Latex
  • Non-Latex

By Product Type

  • Male Condoms
  • Female Condom

By End-User

  • Men
  • Women

By Distribution Channels

  • Pharmacies & Drug Stores
  • Hypermarkets/ Supermarkets
  • Convenience Stores

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Geographically speaking, the market is dominated by Asia-Pacific, with a 2020 valuation of USD 4,533.50 million. The Asia-Pacific condom industry is growing as a result of the increased rates of uptake of contraceptive products in most of the region's emerging nations. The region's market is expanding due to rising awareness of sexually transmitted diseases brought about by government initiatives and extensive sex education programs.

The growing demand for premium condoms has a significant impact on the US condom business. Additionally, during the projection period, the expansion of the condom market is projected to be supported by the increase in sales of sexual health products in this region.

By Region

  • North America (US, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Report includes Competitor's Landscape:

  • Major trends and growth projections by region and country
  • Key winning strategies followed by the competitors
  • Who are the key competitors in this industry?
  • What shall be the potential of this industry over the forecast tenure?
  • What are the factors propelling the demand for the Action Figures And Statues?
  • What are the opportunities that shall aid in significant proliferation of the market growth?
  • What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures And Statues?
  • How has the covid-19 impacted the growth of the market?
  • Has the supply chain disruption caused changes in the entire value chain?

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