LONDON--(BUSINESS WIRE)--The global sex toys market size is poised to grow by USD 9.92 billion during 2019-2023, according to a new report by Technavio, progressing at a CAGR of about 7% during the forecast period.
Read the 120 page research report with TOC on "Sex Toys Market Analysis Report by product (adult vibrators, dildos, erection rings, and others), distribution channels (retail outlets and specialty stores, and online stores) and geography (Asia, Europe, North America, and ROW) 2019 - 2023" at
https://www.technavio.com/report/global-sex-toys-market-industry-analysis?
The market is driven by the increasing popularity of sex toys. Also, the rapid growth of e-commerce platforms is anticipated to boost the growth of the sex toys market further.
The popularity of sex toys is increasing significantly across the world. Couples are increasingly using sex toys, such as luxury love devices, romantic toys, kinky play toys, and vibrators to enhance their sexual lives. Moreover, the increasing popularity of concepts such as BDSM has also encouraged several companies to develop products catering to this segment. Thus, the growing popularity of sex toys will fuel the growth of the sex toys market during the forecast period.
The booming e-commerce landscape is playing a major role in the growth of the global sex toys market. This is because e-commerce helps vendors to provide information about a variety of products to a widespread population. E-commerce platforms also allow vendors to increase customer engagement, and it also provides insights into customer buying behavior. Thus, the rapid growth of e-commerce platforms is also expected to boost the sex toys market growth during the forecast period.
For More Information: Speak to an Analyst
The report includes detailed profiles of the leading companies & prominent vendors of the market:
- Church & Dwight Co., Inc.
- Doc Johnson Enterprises
- LELO
- LUVU BRANDS
- Reckitt Benckiser Group plc.
Market Segmentation by product:
The sex toys market can be broadly categorized into the following segments:
- Adult vibrators
- Dildos
- Erection rings
- Others
Key Regions for the sex toys Market:
Featuring a breakdown of region-wise market shares until 2019.
- Asia
- Europe
- North America
- ROW
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
-
Market segmentation analysis
Market Sizing
- Market definition
-
Market size and forecast
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Related Reports on Personal Products are:
Sexual Enhancement Supplements Market – Global Sexual Enhancement Supplements Market by product (male sexual enhancement supplements and female sexual enhancement supplements), distribution channel (online stores and retail stores), and geography (Asia, Europe, North America, and ROW).
Online Sex Toys Market– Global Online Sex Toys Market by product (dildos, erection rings, adult vibrators, and others) and geography (the Americas, APAC, and EMEA).
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.
