Shibuya-ku, Tokyo, Japan, Japan, Jan 28, 2021, 00:53 /Comserve / -- These are Key Vendors Church & Dwight, LifeStyles Holdco, Okamoto Industries, Reckitt Benckiser, BILLY BOY (MAPA), Convex Latex, Cupid Ltd., Fuji Latex, HBM Group
The condom market is expected to grow at an impressive CAGR of more than 9% during 2018–2024. The growth of online stores, which sell condoms, sensual lingerie, and sexual lubricants has grown up significantly, thereby providing a wide scope for vendors to manufacture and promote sexual wellness products. The promotion of the concept of safe sex using condoms through social media is contributing to the increased sale of condoms via online channels. Further, the emergence of innovative designs such as heaxagonal condoms and growing popularity of female condom is driving the global condom market growth.
Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-91525
"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."
Key Vendor Analysis
These are Key Vendors Church & Dwight, LifeStyles Holdco, Okamoto Industries, Reckitt Benckiser, BILLY BOY (MAPA), Convex Latex, Cupid Ltd., Fuji Latex, HBM Group
The competitive scenario in the condom market is currently intensifying. The rapidly changing technological environment could adversely affect vendors as customers expect continual innovations and upgrades. The present situation is forcing vendors to alter and redefine their unique value proposition to achieve a strong market presence. The market is moderately fragmented with many global players providing condoms with high functionality and designs. The market competition is expected to intensify further with an increase in product/service extensions, technological innovations, and mergers and acquisitions.
The following factors are likely to contribute to the growth of the global condom market during the forecast period:
• Growing awareness of sex education programs
• Innovations in condom designs
• The increased popularity of female condoms
• Influence of the internet in shaping the purchasing behavior among end-users
Condom Market: Segmentation
This market research report includes detailed market segmentation by distribution, end-users, product types, material types, and geography. The increased demand from institutions such as public health organizations, NGOs, and global organizations to promote the concept of safe sex and increase the awareness of sexually transmitted diseases (STD) is significantly contributing to the growth of the condom market worldwide. Institutional buyers such as UNFPA, USAID, WHO, and other UN agencies are the most significant promoters of male and female condoms. Further, as the fight against HIV has been on for decades now, the demand from institutional condoms in underdeveloped regions has witnessed a significant rise in the past years.
The male condoms segment dominates the condoms market worldwide. A high sexual vigor among males is the major factor for the high percentage of the male condoms segment. Also, the ease of availability, wearability, and disposability of these condoms is another driver for the high share of the segment. Currently, the global female condom market is witnessing rapid growth in the demand for female condoms across the globe.
Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-91525
"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."
Given their excellent tensile strength, tear resistance, and resilience, the latex condoms segment dominated the condom market in 2018. Latex remains the predominantly used raw material for the manufacturing of male condoms. The massive purchase and distribution of latex condoms by federal health bodies and UN health missions is another major driver for the high share of the segment.
While the majority of condom distribution takes place through retail stores, established by leading condom manufacturers such as Reckitt Benckiser and Church & Dwight, the increasing sale of condoms via online stores and online direct-to-consumer stores is expected to drive the condom market during the forecast period. The growth of online sales is expected to increase by over 20% YOY during the forecast period.
Market Segmentation by Distribution
• Retail
o Specialty stores
o Supermarkets and hypermarkets
o Drug stores
o Grocery stores
• Online
Market Segmentation by Material Type
• Latex
• Non-latex
o Polyurethane
o Polyisoprene
o Nitrile
o Lambskin
Market Segmentation by Product Type
• Male
• Female
Market Segmentation by End-users
• Branded
• Institutional
This research report on the condom market covers market sizing and forecast, market share, industry trends, growth drivers, and vendor analysis. The study includes insights on segmentation by distribution channels (retail and online) by material type (latex and non-latex), product type (males and females), end-users (branded and institutional), geography (APAC, Europe, Latin America, MEA, and North America).
Table of Content
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Product Type
4.4.2 Market Segmentation by Distribution Channel Type
4.4.3 Market Segmentation by Material Type
4.4.4 Market Segmentation by End-user
4.4.5 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-91525
"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."
Key Market Insights
The report provides the following insights into the condom market for the forecast period 2019–2024.
• Offers market sizing and growth prospects of the market for the forecast period 2019–2024.
• Provides comprehensive insights on the latest industry trends, market forecast, and growth drivers in the market.
• Includes a detailed analysis of market growth drivers, challenges, and investment opportunities.
• Delivers a complete overview of market segments and the regional outlook of the market.
• Offers an exhaustive summary of the vendor landscape, competitive analysis, and key market strategies to gain a competitive advantage in the market.
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
For more information, please contact:
Lauren BrownShibuya Data Count
Email: sales@sdki.jp
Tel: + 81 50 50509159
Related Links
https://www.sdki.us/