News
Stay Ahead with the Latest Industry Trends & Market Insights with Industry News 📰

Condom Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Published: September 2024 || SKU: MDP2204
excelpdfpowerpoint
180 pages
Report Summary
Table of Contents
List of Tables & Figures
Get Free Sample

See how US Tariffs impact Condom Market

Don’t get caught off gua

Condom Market is segmented By Gender (Male Condom, Female Condom), By Material Type (Latex, Non-Latex, Lambskin, Plastic), By Texture (Dotted, Ribbed), By Flavor (Strawberry, Bubblegum, Chocolate), By Distribution Channel (Hospital Pharmacies, Online Pharmacies, Supermarkets and Hypermarkets, Convenience stores), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031 

 

Market Size

Global Condom Market reached US$ 9.4 billion in 2022 and is expected to reach US$ 13.2  billion by 2031 growing with a CAGR of 6.5% during the forecast period 2024-2031.

A condom is a thin, fitted tube worn over the penis during sex or inserted into the vagina before sex. They create a barrier that keeps semen and other body fluids from the vagina, rectum, or mouth. Condoms effectively prevent STDs (Sexually Transmitted Diseases) like gonorrhea, herpes, chlamydia, and HIV, etc. 

For example, condoms are practically 100% effective at protecting against HIV. They prevent STDs (sexually transmitted infections) and pregnancy. Male condoms are about 98% effective at preventing pregnancy. Female condoms are about 95% effective when used correctly. They work only 79% of the time if it’s not used in the right way. 

Furthermore, rising awareness about sex education, sexually transmitted diseases, increasing prevalence of STDs among individuals, and rising product launches are a few factors that are expected to drive the market in the forthcoming period.  

Market Scope

Metrics

Details

CAGR

6.5%

Size Available for Years

2023-2031

Forecast Period

2024-2031

Data Availability

Value (US$) 

Segments Covered

Gender, Material Type, Texture, Flavor,  Distribution Channel, and Region

Regions Covered

North America, Europe, Asia-Pacific, South America, and Middle East & Africa

Fastest Growing Region

Asia-Pacific

Largest Region

North America

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other key Insights.

 

For more details on this report Request for Sample

 

Market Dynamics

Increasing awareness of HIV and other STDs among Young People

Awareness among the young population is necessary as they drive the world forward. The government is actively raising awareness among the people with webinars, awareness weeks, etc. For instance, National HIV/AIDS and Aging Awareness Day (NHAAD) is recognized annually on September 18 to bring attention to the growing number of people living long and full lives with HIV. The awareness day also calls attention to the unique health and social needs and the challenges of HIV prevention. These programs create awareness among young people about the usage of condoms which prevents deadly diseases like HIV and other STDs. 

Additionally, according to Centers for Disease Control and Prevention, STI Awareness Week (April 9-15, 2023) provides an opportunity to raise awareness about sexually transmitted infections, or STIs, and how they impact our lives; reduce STI-related stigma and fear that are caused due to unprotected intercourse. This campaign raises awareness of the usage of condoms among individuals. Hence, the above factors are expected to drive the market in the forecast period. 

Increasing Product Launches

New products are launched at a fast pace by several companies increasing the quality of the product. Condoms come in a wide variety of sizes and flavors, which makes the condom market constantly booming. Many key companies, such as Mankind Pharma and Reckitt Benckiser Group PLC, are improving their products frequently. 

For instance, in March 2023, Durex launched Durex Real Feel, a non-latex range of condoms. As per the company, Real Feel is made of polyisoprene. Furthermore, in September 2022, Mankind Pharma launched a new campaign, 'Make Love Epic,' to launch Epic Condoms, a premium condoms range in the market.

Risks Associated with Condoms

Incorrect removal and disposal of the condom may cause unintended pregnancy and infections. Those with latex allergies may not be able to use regular condoms. An alternative would be to use polyurethane condoms or condoms made out of lambskin. These are more expensive than the regular condoms. For instance, according to a WebMD article, for females who don’t always use female condoms the right way, about 21 out of 100 women will get pregnant every year. For male condom users, that number is 18. 

Market Segment Analysis

The global condom market is segmented based on type, material type, texture, flavor, distribution channel, and region.

The Male Condom Type Segment Accounted for Approximately XX% of the Market Share 

There are around 300 million unplanned pregnancies across the world that can be prevented by the use of male condoms. According to the World Health Organization (WHO), 98% of women whose male partners use male condoms correctly in every sex act over one year will be protected from unplanned pregnancy; when female condoms are used, 95% will be protected against unplanned pregnancy. 

According to the National Center for Biotechnology Information, the male condom offers more than 90% protection against Neisseria gonorrhoeae, 50-90% protection against Chlamydia trachomatis as well as Treponema pallidum, and 10-50% protection against Haemophilus ducreyi. In another prospective study, none of the men using condoms developed chlamydial infections compared to 6.3% among nonusers. Syphilis transmission is reduced by 29% for typical use. It is reduced by 50-71% when condoms are used 100% of the time correctly. Protection against STDs is one of the leading factors for the usage of male condoms among the population. Hence, the above factor is expected to hold the largest share of the market. 

Market Geographical Share

North America accounted for Approximately XX% of the Market Share in 2022

According to a National Center for Biotechnology Information 2023 article, nearly 22% of adolescent females used effective birth control, 67% of adolescent males used a condom, and 62% of teenage females (or their partners) at risk for unintended pregnancy used a most/moderately effective method of contraception that is condoms. Only around 10% of sexually active American women were actively trying to conceive or were already pregnant and, hence, were not using contraceptives. The increasing use of condoms for family planning and prevention of STDs is boosting the market growth in the United States.

The increasing demand for premium condoms highly influences the growing US condom market. In addition, the rise in sales of sexual wellness products in North America is expected to boost the growth of the condom market over the forecast period. Also, several well-established American adolescent education channels are providing sex education about health and diseases and are raising awareness among Americans. Hence, the demand for condoms in North America is rising. On the other hand, the e-commerce distribution channel is set to grow during the forecast period; the offline retail channel is likely to dominate the US condom market during the forecast period.

COVID-19 Impact Analysis On Condom Market

The pandemic created a surge in the condom manufacturing market due to the sudden imposition of lockdowns and quarantine. Change of supply chain strategies by top players and relaxation in COVID restrictions resulted in improved product availability and consumer demand in countries such as the U.S. During the COVID-19 pandemic, rates of sexually transmitted infections (STIs) increased substantially which increased the sales for condom market as people were well aware of infections by mid covid era about their spread and dangerous complications. This trend driven by delays in surveillance and treatment reminds that sexual health matters even during a pandemic.

By Gender

  • Male Condom
  • Female Condom

By Material Type

  • Latex
  • Non-Latex 
  • Polyurethane
  • Polyisoprene
  • Nitrile
  • Lambskin
  • Plastic
  • Others

By Texture

  • Dotted
  • Ribbed
  • Others

By Flavor

  • Strawberry
  • Bubblegum
  • Chocolate
  • Others

By Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies 
  • Online Pharmacies
  • Supermarkets and Hypermarkets
  • Convenience stores
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • Middle East and Africa

Key Developments

  • In April 2023, Veru formed a strategic alliance with Afaxys Group Services, LLC to commercialize and distribute its FC2 female condom via AGS Group Purchasing Organization. By Entering new regions and broadening its consumer base, the firm was able to improve its revenue-generating operations.
  • In April 2022, Durex launched an Intensegasm campaign to introduce its new condoms called 'Intense.' The product uses an exclusive stimulant gel, Desirex Gel, to enhance women's experience by acting as a cooling agent and enhancing stimulation.
  • In April 2022, Chinese e-sports organization LGD Gaming announced a partnership with Chinese condom brand Jissbon by offering co-branded condom boxes on the Chinese e-commerce platform Taobao.

Market Competitive Landscape

The major global players in the condom market include Reckitt Benckiser Group PLC, Church & Dwight Co. Inc., Fuji Latex Co. Ltd., Cupid Ltd., Karex Industries Sdn Bhd, HLL Life Care Ltd, Mankind Pharma, Convex Latex, Okamoto, Skyn, and LELO among others.

Why Purchase the Report?

  • To visualize the global condom market segmentation based on gender, texture, flavor, material type, distribution channel, and region, as well as understand key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development. 
  • Excel data sheet with numerous data points of condom market-level with all segments.
  • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
  • Product mapping available as Excel consisting of key products of all the major players.

The global condom market report would provide approximately 53 tables, 54 figures, and 195 Pages.

Target Audience 2024

  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies

Trending Topics:

Dual Chamber Syringe (DCS) Filling Machine Market

Facial Wipes Market

Buy this report
Single User
$4350
Multiple User
$4850
Enterprise User
$7850
Proceed to Buy
  Get Free Sample
  Request new version
  Customize Sample
  Demo Full Report
Chat on WhatsApp
FAQ’s

  • Condom Market is expected to grow at a CAGR of 6.5% during the forecast period 2024-2031.

  • Major players are Reckitt Benckiser Group PLC, Church & Dwight Co. Inc, Fuji Latex Co. Ltd., Cupid Ltd, Karex Industries Sdn Bhd, HLL Life Care Ltd, Mankind Pharma, Convex Latex, Okamoto, Skyn, and LELO.
Related Reports
materials iconmaterials

Polyurethane Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Published: 2024 December 27

Starting from

$4350

materials iconmaterials

Nitrile Butadiene Rubber Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 September 10

Starting from

$4350

food-and-beverages iconfood-and-beverages

Cocoa Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 June 25

Starting from

$4350

food-and-beverages iconfood-and-beverages

Avocados Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 January 30

Starting from

$4350

food-and-beverages iconfood-and-beverages

Candy Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 September 30

Starting from

$4350

materials iconmaterials

Spunbond Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Published: 2024 July 01

Starting from

$4350

WhatsApp