Condoms Market
Condoms Market

Condoms Market Overview:

According to IMARC Group latest report titled “Condoms Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on condoms market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global condoms market reached a value of US$ 9.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 16.8 Billion by 2027, exhibiting a CAGR of 9.40% during 2022-2027.

Condoms represent the barrier contraceptives that protect against sexually transmitted infections (STIs), such as herpes simplex virus (HSV) and human immunodeficiency virus (HIV) and sexually transmitted diseases (STDs). They are usually manufactured by using latex and are commonly available in several sizes, shapes, flavors, colors, textures, etc. Condoms can add extra protection to all other birth control methods, including the shot, pill, ring, intrauterine device (IUD), implant, etc. As such, they are extensively available in supermarkets and hypermarkets, convenience stores, pharmacies and drug stores, etc. Presently, the key market players are developing durable and flexible non-latex condoms for individuals allergic to latex.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Trends:

The growing consumer consciousness towards their reproductive health is primarily driving the condoms market. Additionally, the widespread product adoption by sex workers, young couples, the lesbian, gay, bisexual, and transgender (LGBTQ) community, etc., is further catalyzing the market growth. Besides this, the escalating demand for air condoms that reduce friction, increase lubrication, avoid stickiness, etc., and the easy availability of these contraceptives via online and offline stores are positively influencing the global market. Moreover, various non-governmental organizations (NGOs) are also collaborating with the leading manufacturers to promote the use of condoms by distributing free samples, which is acting as another significant growth-inducing factor. Apart from this, the introduction of product variants in innovative designs and packaging is anticipated to fuel the condoms market over the forecasted period.

Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

  • Cupid Limited
  • Fuji Latex Co Ltd
  • Karex Berhad
  • Lifestyles Healthcare
  • Mankind Pharma
  • Mayer Laboratories Inc.
  • Okamoto Global
  • Reckitt Benckiser Group PLC
  • Veru Inc

Condoms Market Segmentation:

Our report has categorized the market based on region, type, end user and distribution channel.

Type:
  • Latex
  • Non-latex
End User:
  • Men
  • Women
Distribution Channel:
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Pharmacies and Drug Stores
  • Online Stores
  • Others

Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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