Condom Market Overview, Market Size and Forecast 2023

Arizton Advisory and Intelligence

Global Condom Market Segment List 2023

Global Condom Market Drivers 2023

Global Condom Market Segments and Share Analysis 2023

The sale of condom is forecasted to cross 48 billion units by 2023

CHICAGO, IL, UNITED STATES, September 27, 2018 /EINPresswire.com/ -- Arizton published a new market research report on Global Condom Market. According to Arizton, the global condom market size is forecasted to reach $11 billion by 2023, growing a CAGR of 8.62% during 2017-2023. The industry analysis report provides detailed segmentation and market size, share of each segment.

This market research report provides detailed segmentation and market size of the global condom market by Product (Male Condom, Female Condom) by Distribution Channel (Retail, Specialty stores, Supermarkets and hypermarkets, Drug stores, Grocery stores, Online) by Material (Latex, Non-latex, Polyurethane, Polyisoprene, Nitril, Lambskin) by End-user (Consumer, Institutional) by Geography (APAC, Europe, Latin America, Middle-East & Africa, and North America)

The global condom market is expected to cross $11 billion, growing at an unprecedented CAGR of 8.62% by year 2023.

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Condoms are no longer only a means to prevent unwanted pregnancy. They are fast emerging as necessities for sexual health and well-being. Over the last decade, there has been an increase in STDs and STIs, globally. At the same the awareness about sexual wellness has also increased. These factors, coupled with the changing economic structure in the developed as well as developing countries, are driving the growth of the condom market across the world.

In the light of the increase in sexually transmitted diseases (STDs) and sexually transmitted infections (STIs), condom have become essential to prevent sexual ailments and ensure sexual wellness. The sale of condom is forecasted to cross 48 billion units during the forecast period.

Factors such as an increase in per capita discretionary income of people globally and a rapid growing number of dual-income households in developing as well as developed markets are major growth factors for the market. Church & Dwight, Ansell and Reckitt Benckiser are the leading players in the global market.

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This market research report includes a detailed market segmentation of the market by the following segments:

Product

Male Condom
Female Condom

Distribution

Retail
Specialty stores
Supermarkets and hypermarkets
Drug stores
Grocery stores

Online

Material

Latex
Non-latex
Polyurethane
Polyisoprene
Nitrile
Lambskin

End-user

Consumer
Institutional

Geography

APAC
Europe
Latin America
MEA
North America

Countries

Australia
Brazil
Canada
China
India
Japan
US

The competition in the market is intensifying due to the rapidly changing technological environment. Customers expect continual innovations and upgrades, which are pushing vendors to change and redefine their unique value proposition for achieving a strong market presence.

The market competition is expected to intensify further with an increase in product/service extensions, technological innovations, and M&A. The international players are expected to grow inorganically by acquiring regional or local players in the future. The report profiles the leading players in the market and provides a complete value chain analysis of the market.

The major manufacturers included in the report are as follows:

Church & Dwight
Ansell (Now Lifestyles Holdco)
Reckitt Benckiser

The other prominent manufacturers include BILLY BOY, Convex Latex, Cupid Limited, Fuji Latex, HBM Group, HLL Lifecare Ltd., Innova Quality, IXu, Karex Berhad, LELO, MTLC Latex, Sagami Rubber Industries, Shandong Ming Yuan Latex Co., Shanghai Dahua Medical Apparatus Co., Silk Parasol, StaySafe Condoms, STRATA Various Product Design, Thai Nippon Rubber Industry (TNR), Tianjin Condombao, and VERU (The Female Health Company).

View report: https://www.arizton.com/market-reports/condom-market

Jessica Shirley
Arizton Advisory and Inteligence
+1-312-465-7864
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