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%.
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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Segmentation Analysis of the Condom Market
By Material Type
By Product Type
By End-User
By Distribution Channels
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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
Report includes Competitor's Landscape:
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Jan 23, 2024