Condom Market size was valued US$ 6.1 billion in 2022 and is estimated to reach US$ 11.2 billion by 2029, growing at a CAGR of 8.9% during the forecast period (2022-2029).
Condom Market Scope
By Product Type, By Material Type, By Distribution Channel, and By Region
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, and Other key insights.
Fastest Growing Region
Largest Market Share
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A condom is a thin piece of rubbery material which act as a barrier to protect from sexually transmitted infections (STIs) including HIV, and unplanned pregnancy.
Increase in awareness of sex education and birth control among people and increasing sexually transmitted diseases are the major factors driving the global Condom market.
The growing awareness of sex education programs and innovations in condom designs.
The rising adoption of contraceptive products among consumers globally is boosting the global condom market.
The global condom market is growing due to several factors such as rising incidences of HIV/STIs, growing awareness towards sex education, innovations in condom design and material, among others.
In addition, increased marketing and promotional activities about condoms is driving the market growth.
Favourable government initiatives are also spurring the market growth. For instance, in 2019, the government of Uganda announced spending of around USD 6.4 million for condom provision in a bid to curb the HIV/AIDs scourge.
The key players are using digital and social media advertisements to make consumers aware of the new product launches in the market.
The major players are focusing on online distribution channels for their online marketing and branding of products, in order to expand their geographic reach and increase their customer bases.
Risk associated with condom such as allergies caused by condoms and ruptured condoms are expected to hamper the market growth.
Various risks are associated with the condoms such as the defective condoms that are ruptured and many people faces allergic reactions after using the condoms due to their lubricants that is restraining the growth of market.
The global condom market provides in-depth analysis of the market based on various industry factors such as Porter’s Five Forces, Regulatory Analysis, Supply Chain Analysis, Pricing Analysis, Comparative Scenario, Product Innovations.
Product type segment is expected to hold the largest market share in global condom market
Rising awareness towards sex education through government initiatives and programs to reduce the prevalence of sexually transmitted diseases (STDs) is one of the major factors driving the growth of the Condom Market globally.
According to the World Health Organization, in 2019, there were over 2 million young people living with HIV globally and about one third of all new HIV infections around the world are estimated to occur among youths (aged 15–25). and teen pregnancy rates are on the rise in many places.
These rising concerns leads to increase in sexuality education programs and interventions. Several governments are promoting the use of condoms for preventing unwanted pregnancies and preventing HIV/AIDS.
In India, free condoms are procured by the Ministry of Health and Family Welfare and are distributed by NACO/SACS to the high-risk groups (HRGs) through TI NGOs/ICTC/ART centers for HIV/AIDS prevention.
The program focuses on the high prevalence and high fertility districts, with additional emphasis on ensuring condom availability in HRG sites: the vulnerable population intensive areas.
DKT Tanzania is working in cooperation with UNFPA to offer iPLAN, a microinsurance package for young people that offers comprehensive family planning services. For just $4.25 a year, youth have access to long-term contraceptive methods, condoms, counseling, and HIV testing at DKT’s Trust Health and Wellness clinics.
North America region holds the largest market share in the global condom market
The United States accounted for the largest market in North America for condom market. In 2019, over 37 million Americans used condoms. Among sexually active women in the United States, less than 50% reportedly used at least one method of contraception in an effort to prevent pregnancy. Only around 10% of sexually active American women were actively trying to conceive or were already pregnant and hence were not using any contraceptives.
The increasing use of condoms for family planning and for prevention from STD’s is boosting the market growth in the United States.
The growing US condom market is highly influenced by the increasing demand for premium condoms. In addition, the rise in sales of sexual wellness products in the North America is expected to boost the growth of the condom market over the forecast period.
Also, there are several well-established American adolescent education channels which are providing sex education towards health and diseases and are rising 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.
The global condom market is highly competitive with presence of large number of players. Some of the major players dominating the Condom Market are: Reckitt Benckiser Group PLC, Church & Dwight Co. Inc., Fuji Latex Co. Ltd., Cupid Ltd., KamaSutra (J.K. Ansell Ltd), among others.
Some of the major players are adopting various key strategies such as product launches, collaboration, and partnerships, which boosts their market share in the condom market. For instance, On 4th June 2019, Starpharma launched the VivaGel condom in Japan under Okamoto’s leading and highly successful Zero Zero Three (003) brand. This is the first condom with antiviral coating in Japan and will also carry Starpharma’s VivaGel brand. The VivaGel condom is a world-first product based on innovative Australian technology. It is the only condom of its type, providing barrier protection and incorporating the proprietary compound, astodrimer sodium (SPL7013) in the condom lubricant. SPL7013 has been proven in laboratory studies to inactivate up to 99.9% of HIV, HSV and HPV.
In April 2019, an Argentina-based company designed a new “consent” packaging in the market, which requires four hands to open the package. This initiative was undertaken to create awareness about the importance of consensual sex.
Global Condom Market – Key Companies to Watch
Reckitt Benckiser Group PLC
Overview: Reckitt Benckiser Group also known as Reckitt is Anglo-Dutch multinational company that produces consumer goods. Headquartered in Slough and was founded in 1999 when Reckitt & Colman plc a British Company and Benckiser N.V a Dutch company merged together. The manufacture health, hygiene and nutritional products.
Product Portfolio: Durex: It is a trade name of condoms and personal lubricants marketed by Reckitt Benckiser. Various range of modern condoms are available in market including latex condom varieties such as Sheik, Avanti and Ramses. It provides sex toys and variety of lubricants.
Key Developments: In Jan 2021, Reckitt Benckiser, has invested around Rs. 45 crores or 450 million in Visage Lines Personal Care Pvt Ltd
The global condom market report would provide an access to an approx. 45+market data table, 40+figures and 180pages.
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