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The global condom market size was USD 9.82 Billion in 2021 and is expected to register a revenue CAGR of 8.5% during the forecast period, according to latest analysis by Emergen Research. Condom market revenue growth is primarily driven by factors such as increasing incidence of STDs, rising government initiatives to control population explosion, launch of new products to enhance sexual pleasure, growing awareness to prevent unwanted sex and family planning in developing countries, and increasing instance of casual sex globally. A condom is a sheath-shaped protection worn during sexual activity to lower risk of pregnancy and sexually transmitted diseases. There are male and female condoms accessible in the market. Women whose male partners always use condoms have a 2% annual pregnancy rate if condoms are used correctly, while pregnancy rate is 18% each year under normal conditions. Their use significantly reduces likelihood of contracting trichomoniasis,gonorrhea, chlamydia, hepatitis B, and HIV/AIDS and also provides some protection from Human Papillomavirus (HPV),genital herpes,and syphilis.
The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Condom according to the impact of COVID-19.
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The leading market contenders listed in the report are:
Church & Dwight Co., Inc., Fujilatex Co., Ltd, Reckitt Benckiser Group Plc, Karex Berhad, Lelo, Lifestyles Healthcare Pte Ltd., Veru, Inc., Mayer Laboratories, Inc., Okamoto Industries, Inc., and Cupid Limited
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Market Segmentations of the Condom Market
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Regional Outlook of the Condom Market
The global Condom market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Condom market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
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