Dublin, Jan. 18, 2018 (GLOBE NEWSWIRE) -- The "Condom Market - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.

Condom is a barrier method of contraception. While the usage of contraceptives was to control birth traditionally, they became a necessity over the past two centuries with the rise in sexually transmitted infections and diseases.

Growing awareness and demand for contraceptives is driving the condom market growth worldwide. In terms of revenue, the global market is expected to reach $11.10 billion in 2023, growing at a CAGR of 8.62% during 2017-2023. The usage of sexual protection measures gains prominence with the emergence of STDs and STIs, which not only prevent the spread of diseases but also potentially limit birth rates. This is a major factor that is driving the market growth. Along with the urbanization, innovative packaging style, increased marketing and promotional activities and introduction of innovative condom designs are also going to boost the market growth.

The market research report provides a holistic view of the global market, the companies involved in the market, and the factors driving its growth. The market research report also provides information on some of the latest trends that have started to surface and are likely to become strong market driving forces over the next five years. It also provides the Porter's Five Forces analysis along with a description of each force and its impact on the market. Further, the report also provides complete value chain analysis of the global market.

Condom Market: Key Vendor Analysis

The global condom market is dominated by vendors that have international presence.

Many international players are expected to expand their presence worldwide during the forecast period, especially in the fast-developing countries in APAC and Latin America to gain more market share. The adoption rate of contraceptives among end-users worldwide has been increasing moderately. Therefore, the market has witnessed the entry of many vendors due to increased demand. Intensifying competition among market players has led to the introduction of innovative and advanced solutions in the market.

Major vendors profiled in the report are as following:

• Church & Dwight
• Ansell (Lifestyle Holdco)
• Reckitt Benckiser

Condom: Market Dynamics

Growing awareness and prevalence of STIs to boost the market growth.

The awareness generated through comprehensive sex education programs, government initiatives to reduce the prevalence of STIs and increased efforts toward family planning and birth control measures are the key factors that are going to drive the global market during the period 2017-2023. Similarly, introduction to innovative designs, increased impact of internet on consumers' purchasing behavior, and popularity of female condom are the latest trends that are going to shape the market positively. The report further outlines the constraints that are going to hinder the market growth.

Condom Market: Segmental Overview

The female condom segment is growing.

In 2017, the male contraceptive segment dominated the market both in terms of revenue and unit shipment and is expected to continue its dominance over the global market. However, the female condom segment is also getting popularity and is expected to contribute a significant share of revenue in 2023. Likewise, the latex type contraceptives are the dominating segment in the market. Non-latex types are also gaining popularity and are expected to post a double digit CAGR both in terms of revenue and shipment. Although the online sales channel is set to increase during the forecast period, the retail channel will still have the highest market share.

Condom Market: Geographical Analysis

APAC to remain the dominant market both in terms of revenue and shipment.

APAC will remain the largest market both in terms of revenue and shipment followed by North America. APAC was led by China where contraceptives are witnessing a surge in their demand. The market is witnessing a high growth in regional markets such as India, China, Japan, and South Korea, and these devices are also gaining popularity among end-users. The penetration of sexual wellness products in North America remains high, and the market revenue has been increasing steadily. Although the growth of sales of branded condom remains moderate in the region, growing institutional sales is likely to uplift the market revenue in the future.

The European market is characterized by high demand for premium condoms. Further, as the sexual wellness market in Europe is likely to grow during the forecast period, and hence the condom market is likely to witness growth in the region

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Report Coverage

4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Market Segmentation by Product Type
4.3.2 Market Segmentation by Distribution Channels
4.3.3 Market Segmentation by Material Type
4.3.4 Market Segmentation by End-user Type
4.3.5 Market Segmentation by Geography

5 Report Assumptions & Caveats
5.1 Key Caveats
5.1.1 Inclusions
5.1.2 Exclusions
5.2 Currency Conversion rate
5.3 Market Derivation

6 Market at a Glance

7 Introduction
7.1 Overview
7.2 Production Process
7.3 Macro Economic Factors Driving Market
7.3.1 Per Capita GDP in Developing Markets
7.3.2 Dual-income Households in Developed Markets

8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Creating Awareness Through Comprehensive Sex Education Programs
8.1.2 Growing Prevalence of STIs
8.1.3 Increasing Efforts toward Family Planning and Birth Control
8.1.4 YOY Impact of Market Growth Enablers
8.1.5 YOY Impact of Market Growth Enablers on Geographies
8.2 Market Growth Restraint
8.2.1 Limited Popularity, Availability, and Affordability of Female Condoms
8.2.2 Availability of Several Substitutes
8.2.3 Product Counterfeiting
8.2.4 YOY Impact of Market Growth Restraint
8.2.5 YOY Impact of Market Growth Restraint on Regions
8.3 Market Opportunities & Trends
8.3.1 Internet Shaping End-users' Purchasing Behavior
8.3.2 Innovative Condom Designs
8.3.3 Increased Popularity of Female Condoms
8.3.4 YOY Impact of Market Opportunities & Trends
8.3.5 YOY Impact of Market Opportunities & Trends on Regions
8.3.6 Sensitivity Analysis of Key Market Trends and Opportunities

9 Value Chain Analysis
9.1 Overview
9.1.1 Raw Materials
9.1.2 Manufacturers
9.1.3 Distributors/Dealers
9.1.4 Retailers
9.1.5 End-user

10 Global Condom Market
10.1 market Overview
10.1.1 Historic Data
10.1.2 Market Size & Forecast
10.2 Porter's Five Forces Analysis
10.2.1 Threat of New Entrants
10.2.2 Bargaining Power of Suppliers
10.2.3 Bargaining Power of Buyers
10.2.4 Threat of Substitutes
10.2.5 Competitive Rivalry

11 Market By Product Type
11.1 Market Overview
11.2 Global Male Condom market
11.2.1 Market Size & Forecast
11.3 Global female condom market
11.3.1 Market Size & Forecast

12 Market by Material Type
12.1 Market Overview
12.2 Global Latex Condom Market
12.2.1 Market Size & Forecast
12.3 Global Non-latex Condom Market
12.3.1 Market Size & Forecast
12.4 Various Additives
12.4.1 Flavor Coatings
12.4.2 Spermicide
12.4.3 Lubricants

13 Pricing Analysis
13.1 Pricing Analysis - Consumer and Institutional Buyers
13.1.1 Overview

14 Market by Distribution Channels
14.1 Distribution Channels of Global Condom Market
14.1.1 Manufacture, Production, and Distribution
14.1.2 Distribution through Retail Stores
14.1.3 Distribution through Online Websites

15 Geographical Segmentation
15.1 Market Overview

16 APAC: Condom MARKET
16.1 Market Overview
16.1.1 Historic Data 2014-2016
16.1.2 Market Size & Forecast 2017-2023
16.2 Key Countries
16.2.1 China: Market Size & Forecast
16.2.2 Japan: Market Size & Forecast
16.2.3 India: Market Size & Forecast
16.2.4 Australia: Market Size & Forecast
16.3 Leading Trend, Driver, and Restraint

17 North America: Condom Market
17.1 Market Overview
17.1.1 Historic Data 2014-2016
17.1.2 Market Size & Forecast 2017-2023
17.2 Key Countries
17.2.1 US: Market Size & Forecast
17.2.2 Canada: Market Size & Forecast
17.3 Leading Trend, Driver, and Restraint

18 MEA: Condom Market
18.1 Market Overview
18.1.1 Historic Data 2014-2016
18.1.2 Market Size & Forecast 2017-2023
18.2 Leading Trend, Driver, and Restraint

19 Europe: Condom Market
19.1 Market Overview
19.1.1 Historic Data 2014-2016
19.1.2 Market Size & Forecast 2017-2023
19.2 Key Countries
19.2.1 UK: Market Size and Forecast 2017-2023
19.2.2 Germany: Market Size and Forecast 2017-2023
19.3 Leading Trend, Driver, and Restraint

20 Latin America: Condom MARKET
20.1 Market Overview
20.1.1 Historic Data: 2014-2016
20.1.2 Market Size & Forecast 2017-2023
20.2 Key countries
20.2.1 Brazil
20.3 Leading Trend, Driver, and Restraint

21 Competitive Landscape
21.1 Market Overview
21.2 Market Structure and Mapping of Competition
21.2.1 Herfindahl-Hirschman Index
21.3 Market Vendor Analysis
21.3.1 Male Condoms
21.3.2 Female Condoms
21.4 WHO/UNFPA Prequalified Female Condom Manufacturers

22 Key Company Profiles
22.1 Church & Dwight
22.2 Ansell (now Lifestyles holdco)
22.3 Reckitt Benckiser

23 Other Prominent Companies
23.1 BILLY BOY
23.2 Convex Latex
23.3 Cupid Limited
23.4 Fuji Latex
23.5 HBM Group
23.6 HLL Lifecare
23.7 Innova Quality
23.8 IXu
23.9 Karex Berhad
23.1 Lelo
23.11 MTLC Latex
23.12 Sagami Rubber Industries
23.13 Shandong Ming Yuan Latex
23.14 Shanghai Dahua Medical Apparatus/PATH
23.15 Silk Parasol
23.16 StaySafe Condoms (by AdvaCare Pharma)
23.17 STRATA Various Product Design
23.18 Thai Nippon Rubber Industry
23.19 Tianjin Condombao Medical Polyurethane Tech. Co.
23.2 Veru (The Female Health Company)

For more information about this report visit https://www.researchandmarkets.com/research/pt2tf8/global_condom?w=12

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