“Global Condom Market to reach a market value of 29.69 Billion by 2031 growing at a CAGR of 11.9%”
The Global Condom Market size is expected to reach $29.69 billion by 2031, rising at a market growth of 11.9% CAGR during the forecast period. In the year 2023, the market attained a volume of 8723.61 Million Units (PACK OF 3) experiencing a growth of 14.5% (2020-2023).
The Asia Pacific region generated 44% revenue share in the market in 2023. The growth in this region is driven by the increasing population, rising awareness about sexual health, and the growing acceptance of contraceptive methods. Government initiatives and non-governmental organizations’ efforts to promote family planning and safe sex practices have significantly contributed to the market’s expansion. Thus, the Asia Pacific region would acquire a volume of 6,728.24 Million Units (PACK OF 3) in 2023.
The increasing global focus on sexual wellness and self-care has contributed significantly to the demand for them. As individuals become more aware of their sexual health and well-being, the importance of safe sex practices has taken center stage. Condoms, being one of the most effective forms of contraception and protection against sexually transmitted infections (STIs), have become a key part of a holistic approach to sexual health. Consequently, these factors collectively drive the growth of this market, making it an essential product in the broader wellness category.
Additionally, Governments and non-governmental organizations (NGOs) have long supported initiatives aimed at improving public health, with family planning and HIV prevention being central to their efforts. Many countries have invested in programs that promote safe sexual practices, with a strong emphasis on increasing their use to combat the spread of sexually transmitted infections (STIs) and unwanted pregnancies. Thus, support from governments and NGOs enhances access to condoms, aiding in family planning and HIV prevention efforts.
However, In some conservative or religious communities, the discussion of contraception is taboo, and using them may be seen as promoting promiscuity or undermining traditional values. These deeply ingrained cultural attitudes can discourage individuals from purchasing and using condoms, especially among younger generations or unmarried individuals. In conclusion, stigma in conservative regions limits condom adoption, hindering market growth.
Based on material type, the market is divided into latex and non-latex. The non-latex segment procured 20% revenue share in the market in 2023. Non-latex condoms, made from materials such as polyurethane, polyisoprene, and nitrile, offer alternatives for individuals with latex allergies or sensitivities. These condoms are known for their hypoallergenic properties, thinner design, and ability to conduct heat better than latex, providing a more natural feeling. In terms of volume, the segment would register 8,723.61 Million Units (PACK OF 3) in 2023.
On the basis of distribution channel, the market is segmented into drug stores, mass merchandisers, e-commerce, and others. In 2023, the mass merchandizers segment attained 25% revenue share in the market. Mass merchandizers, which include large retail chains and supermarkets, offer condoms as part of their extensive product range. These stores attract a broad customer base due to their competitive pricing, promotional offers, and the convenience of one-stop shopping.
By product, the market is divided into male condoms and female condoms. The female condoms segment procured 11% revenue share in the market in 2023. Female condoms, though less commonly used compared to male condoms, offer an important alternative for women who want more control over their sexual health. They protect against STIs and pregnancies and can be inserted hours before sexual activity, offering convenience and spontaneity. In terms of volume, the segment would register 8,723.61 Million Units (PACK OF 3) in 2023.
Free Valuable Insights: Global Condom Market size to reach USD 29.69 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America region witnessed 22% revenue share in the market in 2023. The high revenue share can be attributed to the strong emphasis on sexual health education, the widespread availability of condoms, and the presence of major market players in the region. In North America, there is a significant focus on promoting safe sex practices through various public health campaigns and initiatives, which has increased the adoption of condoms.
Report Attribute | Details |
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Market size value in 2023 | USD 12.83 Billion |
Market size forecast in 2031 | USD 29.69 Billion |
Base Year | 2023 |
Historical Period | 2020 to 2022 |
Forecast Period | 2024 to 2031 |
Revenue Growth Rate | CAGR of 11.9% from 2024 to 2031 |
Quantitative Data | Volume in Million Units (Pack of 3), Revenue in USD Million, and CAGR from 2020 to 2031 |
Number of Pages | 287 |
Tables | 672 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
Segments covered | Material Type, Product, Distribution Channel, Region |
Country scope |
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Companies Included | Karex Berhad, Reckitt Benckiser Group PLC, Church & Dwight Co., Inc., LELO AB, Lifestyles Healthcare Pte. Ltd., Veru Inc., Mayer Laboratories, Inc., Okamoto Industries,Inc., Cupid Limited, and Fuji Latex Co., Ltd. |
By Material Type (Volume, Million Units (Pack Of 3), Usd Billion, 2020-2031)
By Distribution Channel (Volume, Million Units (Pack Of 3), Usd Billion, 2020-2031)
By Product (Volume, Million Units (Pack Of 3), Usd Billion, 2020-2031)
By Geography (Volume, Million Units (Pack Of 3), Usd Billion, 2020-2031)
This Market size is expected to reach $29.69 billion by 2031.
Rising Trends In Sexual Wellness And Self-Care are driving the Market in coming years, however, Cultural And Social Stigma Surrounding Condom Use restraints the growth of the Market.
Karex Berhad, Reckitt Benckiser Group PLC, Church & Dwight Co., Inc., LELO AB, Lifestyles Healthcare Pte. Ltd., Veru Inc., Mayer Laboratories, Inc., Okamoto Industries,Inc., Cupid Limited, and Fuji Latex Co., Ltd.
In the year 2023, the market attained a volume of 8723.61 Million Units (PACK OF 3) experiencing a growth of 14.5% (2020-2023).
The Drug Stores/Pharmacies segment led the maximum revenue in the Market by Distribution Channel in 2023, thereby, achieving a market value of $11.8 billion by 2031.
The Asia Pacific region dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $13.4 billion by 2031.
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