Condom Market is Projected to Grow at a CAGR of 8.5% by 2025

New York, USA, 2018-Nov-14 — /EPR Network/ —According to Goldstein Research, introduction of innovative designs, the popularity of female condom and the augmented effect of the internet on consumers purchasing behavior are the latest trends that are anticipated to shape the market positively over the next few years. More people are turning to the organized market owing to the convenience of buying condoms through e-commerce stores that led to the growth of online distribution channels. Global condom market outlook also includes new product developments and capital investment as the key strategies adopted by the major players for significant expansion across the globe. For instance, the increased penetration of the internet is making online stores the fastest-growing distribution channel in the global condom market.

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Market Segmentation

On the basis of our in-depth analysis, Global condom market can be segmented as follows:

By Product Type

  • Male Condom
  • Female Condom

By Material

  • Latex
  • Non-latex
  • Polyurethane
  • Polyisoprene
  • Nitril
  • Lambskin

By Distribution Channel

  • Retail
  1. Specialty Stores
  2. Hypermarkets & Supermarkets
  3. Drug Stores
  4. Grocery Stores
  • Online

By Manufacturing Type

  • OEM (Original Equipment Manufacturing)
  • OBM (Own Brand Manufacturing)

By End User

  • Consumer
  • Institutional (Government, Non-Government)

By Geography

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
  • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}

“Global Condom Market Outlook 2025” contains detailed overview of the Global condom market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, by material type, manufacturing type, by end users and by distribution channel.

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Further, for the in-depth analysis, Global Condom Market Analysis encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Church & Dwight, Ansell (Now Lifestyles Holdco), Reckitt Benckiser BILLY BOY, Convex Latex, Cupid Limited, Fuji Latex, HBM Group etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the Global Condom market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new market players searching for opportunities and other investors to positions their market centred strategies according to the evolving and expected trends in the future.

Key questions answered in this global condom market report

  • What is the global condom market size by 2025 and what would be the expected growth rate of the industry?
  • What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
  • What are the condom market trends?
  • What are the factors which are driving this industry?
  • What are the major barriers to condom industry growth?
  • Who are the key vendors in this industry space?
  • What are the industry opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

Global condom market is further bifurcated in various segments with separate market analysis mentioned below:

Custom Fit Condom Market Analysis

According to the study, even with lots of “choices” on the market, a condom does not fit nearly 50% of men. The global custom fit condom market is expected to grow at a CAGR of 8.12% over the forecast period. North America acquires the major share in global custom fit condom market in 2017 with more than 47% of the market share in terms of revenue and shipment followed by Europe owing to the presence of the players.

United States Custom Fit Condom Market

The United States custom fit condom market is expected to grow at a CAGR of 8.4% over the forecast period. Devices such as vibrators that were once only sold online and in specialty shops are now being offered by reputable mass retailers.

India Condom Market

The advent of innovative designs, the popularity of female condom and increased effect of the internet on consumers purchasing behavior are the latest trends that are expected to shape the market positively over the next few years. The India condom market is expected to reach USD 725 million by 2025, growing at a CAGR of 8.5% during the forecast period.

Flavored Condom Market  in India

Indian condom industry has been consistently modifying to make sex more pleasurable, for instance, the latest offering by Manforce condoms i.e. “Achaari” flavored condom is the latest gimmick to hit a surprisingly crowded novelty condom market. We calculated the market size and revenue share on the basis of revenue generated from major players worldwide. The India flavored condom market is expected to be growing at a CAGR of 7.9% during the forecast period.

Sexual Lubricant Market

Personal lubricant is booming in sexual wellness market, in addition with growing acceptance of using the products among consumers in order to enhance the sexual health and experience. The global sexual lubricant market is expected to reach USD 1.5 billion by 2025, growing at a CAGR of 6.9% during the forecast period.

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