DUBLIN--(BUSINESS WIRE)--The "Global Adult Toys Market - by Type, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
The global adult toys market will reach 35.5 billion USD by 2023 from 23.7 billion USD in 2017 with a CAGR of 6.97% during the period.
The increasing use of adult toys for therapeutic purpose is the major factor for the growth of the market. Increase in openness, drive for excitement and adventure, passion for quirky products and heightened desire for experimentation are the factors driving the market. On the other hand, negative impact of sex toys restrain the market growth.
Asia-Pacific will have the largest share in the market by the end of 2023 due to increasing disposable income and presence of large customer bases. Europe and North America will show higher growth rate due to availability of high-end sophisticated products and rising propensity to experiment with adult toys.
Industry Trends and Updates
- The latest trend gaining momentum in the market is rebranding and repositioning of sex toys.
- BMS Factory
- LUVU Brands
- Doc Johnson
- FUN Factory
- California Exotic
- Church & Dwight
- Lover Health
- Liaoyang Baile
Key Topics Covered
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Adult Toys Market Segmentation, Forecasts and Trends - by Type
6. Global Adult Toys Market Segmentation, Forecasts and Trends - by Region
7. Company Market Share Analysis
8. Company Profiles
9. Industry Structure
10. Global Adult Toys Market - The Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/lxcdxf/the_global_adult?w=4