Report ID: SQMIG30L2212
Condom Market Size, Share, Growth Analysis, By Material Type(Latex Condoms, and Non-latex Condoms), By Product(Male Condoms, and Female Condoms), By Distribution Channel(Mass Merchandisers, Drug Stores, and E-commerce), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30L2212 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
88 |
Figures:
76
Condom Market Regional Insights
Asia Pacific held the highest market share (51.74%), and it is anticipated that over the forecast period, it would grow at the fastest rate (9.80%). Due to their vast populations, supportive government actions being attempted to limit the population, and the rising prevalence of STDs and HIV, countries like China, India, Australia, and Japan have seen a spike in demand.
China, ahead of the United States, the United Kingdom, and Japan, is one of the top four nations in the world for condom use and manufacture, according to the National Family and Health Planning Commission of China.
The market in China has great potential, with expected double-digit growth of 10.38% compound annual growth rate (CAGR). The nation's startups compete for market share. An aqueous polyurethane condom was introduced by a company in Gansu Province. The company claims that the sheath on this device is the thinnest. The objective was to boost the market share of Japanese producers Sagami and Okamoto.
Condom Market Report Snapshots
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