Condom Market 2022 Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast To 2030

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Increasing Incidence of Sexually Transmitted Diseases (STDs) and rising government initiatives to control population explosion are key factors driving condom market revenue growth

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.

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Several governments throughout the world are launching various campaigns and comprehensive sex education programs to enhance youth information and promoting use of condoms to combat STDs and avoid unplanned births. In addition, the Indian government has implemented National Family Planning Program, which provides users with voluntary and well-informed options through a target-free approach to regulate the country's population growth. In African countries, National Department of Health (NDOH) works to ensure that male condoms are available in every community across the continent.

Global Condom Market research report offers a panoramic view of the Condom Market, regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Condom Market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.

Some major companies in the global market report include 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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Emergen Research has segmented the global condom market based on product type, type, flavor, distribution channel, and region:

Product Type Outlook (Revenue, USD Billion; 2019-2030)

Male Condom

Female Condom

Type Outlook (Revenue, USD Billion; 2019-2030)

Latex Condom

Non-latex Condom

Flavor Outlook (Revenue, USD Billion; 2019-2030)

Non-flavored

Flavored

Chocolate

Strawberry

Black Grapes

Hazelnut

Orange

Others

Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)

Mass Merchandiser

Drug Stores/Pharmacy

Online Stores

Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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