Condom Market 2022 Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast To 2030

The global condom market size was USD 9.82 Billion in 2021 and is expected to register a revenue CAGR of 8.5% during the forecast period. Condom market revenue growth is primarily driven by factors such as increasing incidence of STDs, rising government initiatives to control population explosion, launch of new products to enhance sexual pleasure, growing awareness to prevent unwanted sex and family planning in developing countries, and increasing instance of casual sex globally.

A condom is a sheath-shaped protection worn during sexual activity to lower risk of pregnancy and sexually transmitted diseases. There are male and female condoms accessible in the market. Women whose male partners always use condoms have a 2% annual pregnancy rate if condoms are used correctly, while pregnancy rate is 18% each year under normal conditions. Their use significantly reduces likelihood of contracting trichomoniasis, gonorrhea, chlamydia, hepatitis B, and HIV/AIDS and also provides some protection from Human Papillomavirus (HPV), genital herpes, and syphilis.

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Several governments throughout the world are launching various campaigns and comprehensive sex education programs to enhance youth information and promoting use of condoms to combat STDs and avoid unplanned births. In addition, the Indian government has implemented National Family Planning Program, which provides users with voluntary and well-informed options through a target-free approach to regulate the country's population growth. In African countries, National Department of Health (NDOH) works to ensure that male condoms are available in every community across the continent.

Those who are allergic to latex could get skin rashes if they use condoms made from the material and in those with severe latex allergies, use of a latex condom may be lethal.

Condom usage decreased overall throughout the outbreak due to social distancing requirements, with exception of a brief surge in countries, such as Canada and India, during the early stages of pandemic. Modification of supply chain strategy by major companies and easing of COVID restrictions led to an increase in product offerings and customer demand in countries such as the U.S. Given the availability of long-acting contraceptives, condom use in wealthy countries has decreased marginally in the recent years.

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The Global Condom Market Report is a panoramic study of the overall Condom Market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Condom Market. The report provides a detailed analysis of the key factors of the Condom Market that are expected to have a positive impact on the growth of the Condom Market industry.

Some major companies in the global market report include Church & Dwight Co., Inc., Fujilatex Co., Ltd, Reckitt Benckiser Group plc., Karex Berhad, LELO, LifeStyles Healthcare Pte Ltd., Veru, Inc., Mayer Laboratories, Inc., Okamoto Industries, Inc., and Cupid Limited.

Emergen Research has segmented the global condom market based on product type, type, flavor, distribution channel, and region:

Product Type Outlook (Revenue, USD Billion; 2019-2030)

Male Condom

Female Condom

Type Outlook (Revenue, USD Billion; 2019-2030)

Latex Condom

Non-latex Condom

Flavor Outlook (Revenue, USD Billion; 2019-2030)

Non-flavored

Flavored

Chocolate

Strawberry

Black Grapes

Hazelnut

Orange

Others

Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)

Mass Merchandiser

Drug Stores/Pharmacy

Online Stores

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Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Highlights of the TOC:

Report Overview
1.1 Research Scope
1.2 Key Condom market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
Global Growth Trends
2.1 Global Condom market size
2.2 Latest Condom market trends
2.3 Key growth trends
Competitive Landscape
3.1 Global Condom market key players
3.2 Global Condom size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Condom market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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