What is the global market size of Personal Lubricants Market?

Personal Lubricants Market size was valued at USD 1.20 billion in 2021 and is poised to grow from USD 1.32 billion in 2022 to USD 2.74 billion by 2030, growing at a CAGR of 9.6% in the forecast period (2023-2030).

Personal Lubricants Market Size, Share, Growth Analysis, By Type(Water-based, Silicone-based, and Oil-based), By Distribution Channel(E-commerce, Drug Stores, and Others), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Personal Lubricants Market?

The competitive landscape of the Global Personal Lubricants Market is characterized by a diverse array of players vying for market share in this evolving sector. Established industry giants like Reckitt Benckiser Group (KY Jelly), Church & Dwight Co., Inc. (Trojan), and The Yes Yes Company dominate the market with their extensive product portfolios and widespread brand recognition. These companies compete through continuous product innovation, strategic partnerships, and effective marketing campaigns to capture consumer attention. 'Reckitt Benckiser Group (KY Jelly) - United Kingdom', 'Church & Dwight Co., Inc. (Trojan) - USA', 'The Yes Yes Company - United Kingdom', 'LifeStyles Healthcare Pte. Ltd. (SKYN) - Singapore', 'BioFilm, Inc. (Astroglide) - USA', 'Sasmar Pharmaceuticals Pty Ltd. (Conceive Plus) - Australia', 'Good Clean Love - USA', 'Wet International, Inc. - USA', 'Cleancut Inc. (Aloe Cadabra) - USA', 'Sliquid, LLC - USA'.

Report ID: SQMIG35A2461 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 63 | Figures: 65

Personal Lubricants Market Dynamics

Personal Lubricants Market Drivers

Changing Lifestyles and Attitudes

Evolving attitudes towards sexual well-being, growing acceptance of diverse lifestyles, and increasing awareness of intimate health are driving demand.

Rising Prevalence of Sexual Dysfunction

A growing number of individuals seeking solutions for sexual dysfunction and discomfort is fueling the demand for personal lubricants.

Personal Lubricants Market Restraints

Social Stigma

Prevailing societal norms and stigmas surrounding sexual wellness may limit consumer acceptance and adoption, particularly in conservative societies.

Regulatory Challenges

Stringent regulations in certain regions and cultural barriers related to discussions about sexual wellness can hinder market growth and product distribution.

Personal Lubricants Market Report Snapshots

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Personal Lubricants Market size was valued at USD 1.20 billion in 2022 and is poised to grow from USD 1.32 billion in 2023 to USD 2.74 billion by 2031, growing at a CAGR of 9.60% during the forecast period (2024-2031).

The competitive landscape of the Personal Lubricants Market is characterized by a diverse array of players vying for market share in this evolving sector. Established industry giants like Reckitt Benckiser Group (KY Jelly), Church & Dwight Co., Inc. (Trojan), and The Yes Yes Company dominate the market with their extensive product portfolios and widespread brand recognition. These companies compete through continuous product innovation, strategic partnerships, and effective marketing campaigns to capture consumer attention. 'Reckitt Benckiser Group (KY Jelly) - United Kingdom', 'Church & Dwight Co., Inc. (Trojan) - USA', 'The Yes Yes Company - United Kingdom', 'LifeStyles Healthcare Pte. Ltd. (SKYN) - Singapore', 'BioFilm, Inc. (Astroglide) - USA', 'Sasmar Pharmaceuticals Pty Ltd. (Conceive Plus) - Australia', 'Good Clean Love - USA', 'Wet International, Inc. - USA', 'Cleancut Inc. (Aloe Cadabra) - USA', 'Sliquid, LLC - USA'

Evolving attitudes towards sexual well-being, growing acceptance of diverse lifestyles, and increasing awareness of intimate health are driving demand.

Natural and Organic Formulations: Consumers are gravitating towards natural and organic personal lubricants, driven by concerns for safety, health, and environmental sustainability.

In 2022, North America assumed a commanding position within the market, seizing a substantial share exceeding 41.25% of the total revenue. This ascendancy is attributed to the robust presence of numerous manufacturers and retailers, facilitating convenient product accessibility. The surge in personal lubricant popularity across the region can be attributed to diminishing social taboos surrounding intimate products and the seamless availability of items through online retail platforms and supermarket chains. Notably, personal lubricants fall under Class II medical devices in the U.S., mandating medical device 510(k) clearance.

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Personal Lubricants Market Size, Share, Growth Analysis, By Type(Water-based, Silicone-based, and Oil-based), By Distribution Channel(E-commerce, Drug Stores, and Others), By Region - Industry Forecast 2024-2031

Personal Lubricants Market Dynamics

Personal Lubricants Market Report Snapshots

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What is the market size of Personal Lubricants Market?

Who are the key vendors in the Personal Lubricants Market?

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