According to IMARC Group latest report titled “Condoms Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on global condoms market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global condoms market reached a value of US$ 9.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 16.8 Billion by 2027, exhibiting a CAGR of 9.40% during 2022-2027.

Condoms represent the barrier contraceptives that protect against sexually transmitted infections (STIs), such as herpes simplex virus (HSV) and human immunodeficiency virus (HIV) and sexually transmitted diseases (STDs). They are usually manufactured by using latex and are commonly available in several sizes, shapes, flavors, colors, textures, etc. Condoms can add extra protection to all other birth control methods, including the shot, pill, ring, intrauterine device (IUD), implant, etc. As such, they are extensively available in supermarkets and hypermarkets, convenience stores, pharmacies and drug stores, etc. Presently, the key market players are developing durable and flexible non-latex condoms for individuals allergic to latex.

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Market Trends:

The growing consumer consciousness towards their reproductive health is primarily driving the condoms market. Additional market spread product adoption by sex workers, young couples, the lesbian, gay, bisexual, and transgender (LGBTQ) community, etc., is further catalyzing the market growth. Besides this, the escalating demand for air condoms that reduce friction, increase lubrication, avoid stickiness, etc., and the easy availability of these contraceptives via online and offline stores are positively influencing the global market. Moreover, various non-governmental organizations (NGOs) are also collaborating with the leading manufacturers to promote the use of condoms by distributing free samples, which is acting as another significant growth-inducing factor. Apart from this, the introduction of product variants in innovative designs and packaging is anticipated to fuel the condoms market over the forecasted period.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Cupid Limited
• Fuji Latex Co Ltd
• Karex Berhad
• Lifestyles Healthcare
• Mankind Pharma
• Mayer Laboratories Inc.
• Okamoto Global
• Reckitt Benckiser Group PLC
• Veru Inc

Condoms Market Segmentation:

Our report has categorized the market based on region, type, end user and distribution channel.

Breakup by Type:

• Latex
• Non-latex

Breakup by End User:

• Men
• Women

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Pharmacies and Drug Stores
• Online Stores
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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