$17.1 Billion Worldwide Condom Industry to 2027 - Featuring Mayer Laboratories, Okamoto Industries and Cupid Limited Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Condom Market By Material Type (Latex and Non-Latex), By Distribution Channel (Drug Stores, Mass Merchandizers and E-commerce), By Product (Male Condoms and Female Condoms), By Regional Outlook, Industry Analysis Report and Forecast, 2021 - 2027" report has been added to ResearchAndMarkets.com's offering.

The Global Condom Market size is expected to reach $17.1 billion by 2027, rising at a market growth of 9.5% CAGR during the forecast period.

Condoms are considered as the most effective methods of contraception. By using condoms, the risks of various sexually transmitted diseases (STDs) can be reduced to a great extent. Thus, the two major catalysts for the demand & growth of condoms are contraception and the prevention of STDs. In addition to it, the market is mainly driven by male-based products, but female-based products have started gaining traction in recent years. This is because females are becoming more aware of the side effects of contraceptive pills which are used to avoid pregnancy but can deteriorate their health.

Moreover, the adoption of the product is expected to be fueled by the rise in awareness about the danger of HIV infections which could be spread through sex workers. For example, according to the UNAIDS Global HIV & AIDS statistics 2020, sex workers are 30 times more vulnerable to HIV infection. Hence, the growth & adoption of these products is likely to increase due to the growing awareness about contraceptives.

COVID-19 Impact

The demand for public health products has increased significantly due to the lockdown restrictions which compelled people to stay at their homes during the COVID-19 pandemic. Though, the pandemic brought problems such as low accessibility and supply of sexual wellness products owing to the stringent restrictions on manufacturing units and import of non-essential goods around the world. Thus, the United Nations Population Fund (LINFPA) offered a summary in their brief published in April 2020 'Condoms and lubricants in the time of COVID-19". It has explained essential measures that are required to be taken to continue the supplies of these products during the pandemic scenario in order to ensure unwanted pregnancies, and addressing concerns regarding unprotected sex during the lockdown.

Companies Mentioned

• Karex Berhad
• Reckitt Benckiser Group PLC
• Church and Dwight Co., Inc.
• LELO AB
• Lifestyles Healthcare Pte. Ltd.
• Veru, Inc.
• Mayer Laboratories, Inc.
• Okamoto Industries, Inc.
• Cupid Limited
• Fujilatex Co., Ltd.

Unique Offerings from the Publisher

• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free

Key Topics Covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Market Overview

Chapter 3. Global Condom Market by Material Type

Chapter 4. Global Condom Market by Distribution Channel

4.1 Global Drug Stores Market by Region

4.2 Global Mass Merchandizers Market by Region

4.3 Global E-commerce Market by Region

Chapter 5. Global Condom Market by Product

5.1 Global Male Condoms Market by Region

5.2 Global Female Condoms Market by Region

Chapter 6. Global Condom Market by Region

6.1 North America Condom Market

6.2 Europe Condom Market

6.3 Asia Pacific Condom Market

6.4 LAMEA Condom Market

Chapter 7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/dtdrg