LONDON--(BUSINESS WIRE)--According to the latest market research report released by Technavio, the global sex toys market is expected to accelerate at a CAGR of almost 7% during the forecast period. Mainstream exposure to sex toys is one of the key factors triggering the growth of the market.
This research report titled ‘Global Sex Toys Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
The market research analysis categorizes the global sex toys market into the following products:
- Erection rings
- Dildos
- Adult vibrators
In 2016, the adult vibrators segment accounted for 17% of the global market and is projected to reach 24% by 2021, exhibiting almost 2% increase in market share.
Global sex toys market: Top emerging trend
The growing LGBT population is an emerging trend in the sex toys market space. The LGBT population is increasingly becoming a part of the mainstream population in countries such as the US. A study conducted by the Pew Research Center in 2013 revealed that news stories supporting same-sex marriage outweighed those opposing it by a margin of 5:1 ratio. They are directly impacting various industries including the global sex toys market. Sex toys are highly used by the LGBT population and the adoption rate among them has also increased. Among the various sex toys, adult vibrators and massagers are the most used products. Thus, the increase in their population has induced vendors to design various sex toys for these customers.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global Sex Toys Market Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by product (erection rings, dildos, and adult vibrators)
- Market segmentation by distribution channels (online stores and retail outlets and specialty stores)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Ansell, BMS Factory, LELO, LUVU BRANDS, and Doc Johnson)
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com.
