“Global Sex Toys Market to reach a market value of USD 66.2 Billion by 2031 growing at a CAGR of 8.5%”
The Global Sex Toys Market size is expected to reach $66.2 billion by 2031, rising at a market growth of 8.5% CAGR during the forecast period.
North America has been at the forefront of accepting and normalizing sexual wellness, and the region’s robust e-commerce infrastructure makes these products easily accessible. Additionally, the growing focus on sexual health and self-care has contributed to the demand for such products. The U.S. and Canada have seen a surge in consumer awareness and acceptance, supported by progressive advertising, celebrity endorsements, and various brands catering to diverse preferences. Thus, the North America segment procured 43% revenue share in the sex toys market in 2023. A combination of societal openness, high disposable incomes, and widespread access to sexual wellness products drives the regional market.
Awareness of sexual wellness is increasingly recognized as vital to overall health, with substantial support from research and health education. Studies from the Journal of Sex Research and the American Journal of Sexuality Education show that maintaining sexual wellness can improve mental well-being, reduce stress, and enhance satisfaction in relationships. Additionally, as people find themselves with more discretionary income, they are not only able to meet essential needs but are also investing in products that enhance their lifestyle, personal enjoyment, and well-being. This shift in spending habits opens the door to premium wellness products, including sex toys, which are no longer viewed solely as luxury items but as valuable tools for personal health and satisfaction. Therefore, as disposable incomes continue to rise, particularly in emerging markets, the sex toys market is expected to see sustained growth.
However, in numerous cultures and societies around the world, conversations about sexual wellness and the use of sex toys are still shrouded in stigma. This taboo stems from deeply ingrained cultural, religious, and societal beliefs that portray sexuality as a private or even forbidden topic. As a result, even expressing an interest in sexual health products can lead to social judgment, embarrassment, or disapproval. Hence, such factors may hamper the growth of the market.
Based on end-user, the market is bifurcated into women and men. The men segment procured 37% revenue share in the toys market in 2023. Social acceptance of sexual wellness products for men is gradually improving, helping to reduce the stigma traditionally associated with these items.
On the basis of product type, the market is classified into vibrators, dildos, rings, and others. The vibrators segment acquired 37% revenue share in the market in 2023. Vibrators offer a range of designs and functions, from basic to high-tech, catering to varied preferences and enabling users to personalize their experience.
By distribution channel, the market is divided into e-commerce, specialty stores, and mass merchandisers. The mass merchandisers segment garnered 8% revenue share in the market in 2023. Mass merchandisers contribute to the market by offering accessible and budget-friendly options, often reaching customers who may not actively seek out sex toys but are open to exploring them when encountered in general retail spaces.
Free Valuable Insights: Global Sex Toys Market size to reach USD 66.2 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe segment acquired 29% revenue share in the toys market in 2023. The region has shown progressive attitudes toward sexual health, with many European countries actively promoting discussions around wellness and intimate care. Europe’s well-established retail and e-commerce infrastructure has facilitated the market’s expansion, allowing consumers access to a wide range of products.
| Report Attribute | Details |
|---|---|
| Market size value in 2023 | USD 35 Billion |
| Market size forecast in 2031 | USD 66.2 Billion |
| Base Year | 2023 |
| Historical Period | 2020 to 2022 |
| Forecast Period | 2024 to 2031 |
| Revenue Growth Rate | CAGR of 8.5% from 2024 to 2031 |
| Number of Pages | 187 |
| Number of Tables | 349 |
| 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 | Product Type, Distribution Channel, End-user, Region |
| Country scope |
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| Companies Included | VIBEASE, DS Doll Robotics, Athena’s Home Novelties, Inc., LELO AB, MYSTERYVIBE LIMITED, Lovense, MYHIXEL, Dame Products, Inc. and b-Vibe |
By End-user
By Product Type
By Distribution Channel
By Geography
This Market size is expected to reach $66.2 billion by 2031.
Rising awareness of sexual wellness are driving the Market in coming years, however, Social and cultural taboos around the world restraints the growth of the Market.
VIBEASE, DS Doll Robotics, Athena’s Home Novelties, Inc., LELO AB, MYSTERYVIBE LIMITED, Lovense, MYHIXEL, Dame Products, Inc. and b-Vibe
The expected CAGR of this Market is 8.5% from 2024 to 2031.
The Women segment is leading the Market by End-user in 2023, thereby, achieving a market value of $40.6 billion by 2031.
The North America market dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $27.5 billion by 2031, growing at a CAGR of 8 % during the forecast period.
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