Global Sexual Wellness Market

Sexual Wellness Market Size, Share, Growth Analysis, By Product(Sex Toys, Condoms, and Personal Lubricants), By Distribution Channel(E-commerce, Retailers, and Mass Merchandisers), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35G2155 | Region: Global | Published Date: September, 2024
Pages: 157 | Tables: 37 | Figures: 74

Sexual Wellness Market Regional Insights

Geographically, North America dominated the market in the previous years and is expected to lead over the forecast period owing to the increased cultural acceptance, strong infrastructure of e-commerce, availability of diverse products, and growing health awareness. The region holds a greater level of openness for discussing sexual wellness and health, which majorly increases consumer engagement and buying. The availability of strong e-commerce helps consumers to easily access their preferred product on their fingertips. Regional growth id also impacted by the availability of diverse products like wellness supplement, lubricants, sex toys, and more. Increased sexual health awareness among residents is also impacting the regional growth. The key players profiled in the region include LifeStyles Healthcare, Church & Dwight, Eli Lilly and Company, Lovehoney Group, CooperSurgical Inc., and more.    

Asia-Pacific is the fastest-growing region in the global Sexual Wellness market due to growing cultural shifts, rising spending power of consumers, growth of e-commerce, and rising number of campaigns. Growing openness and steadily changing perceptions of a large population, mainly among the younger generation, are fueling the market in the region. Moreover, growing disposable income of consumers in nations like India and China is increasing investment in these products. Growing penetration of e-commerce and growing health awareness due to a number of campaigns is reducing stigma and driving responsible behavior among adults.

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FAQs

Sexual Wellness Market size was valued at USD 20.6 billion in 2022 and is poised to grow from USD 21.57 billion in 2023 to USD 29.75 billion by 2031, growing at a CAGR of 4.7% in the forecast period (2024-2031).

The competitive landscape of the sexual wellness market is vibrant, characterized by the blend of well-established companies and progressing market players. Brands like Durex, Trojan, and We-Vibe are majorly dominating the market with their names in sex toys and condoms. Moreover, newbies are emphasizing more ground-breaking products customized to dedicated consumer requirements like body-safe and sustainable materials. Companies engaged in the market are also adopting strategies like product launches, collaborations, and partnerships to focus on sexual orientation and body types. 'LifeStyles Healthcare (United States) ', 'Church & Dwight (United States) ', 'Doc Johnson Enterprises (United States) ', 'Lovehoney Group (United States) ', 'Veru Inc. (United States) ', 'AdvaCare Pharma (United States) ', 'CooperSurgical Inc. (United States) ', 'Eli Lilly and Company (United States) ', 'Endo International plc (United States) ', 'Pfizer Inc. (United States) ', 'TherapeuticsMD, Inc. (United States) ', 'Reckitt Benckiser Group plc (United Kingdom) ', 'LELO (Netherlands) ', 'Okamoto Industries Inc. (Japan) ', 'Karex Berhad (Malaysia) ', 'Humanwell Group (China) ', 'Mankind Pharma (India) ', 'Bayer AG (Germany) ', 'Besins Healthcare (France) ', 'KESSEL medintim GmbH (Germany) ', 'Organon (Netherlands)'

Societal norms regarding sexual wellness and health are changing with higher acceptance of discussions on sexuality and associated wellness. This changing culture is majorly encouraging a large population, mainly the young people to access varied products and prioritize sexual health. Moreover, growing educational initiatives for sexual health are decreasing the associated stigma and encouraging the significance of safe sex. 

Growing Adoption of E-Commerce: The increasing penetration of online shopping has notably changed the accessibility of sexual wellness products by consumers. This enables consumers to choose their preferred products from a wide range of available options without carrying the sigma that could be associated with in-store buying. Also, the availability of subscription services for such products is gaining prominence, thus increasing curated options directly to buyers. 

Geographically, North America dominated the market in the previous years and is expected to lead over the forecast period owing to the increased cultural acceptance, strong infrastructure of e-commerce, availability of diverse products, and growing health awareness. The region holds a greater level of openness for discussing sexual wellness and health, which majorly increases consumer engagement and buying. The availability of strong e-commerce helps consumers to easily access their preferred product on their fingertips. Regional growth id also impacted by the availability of diverse products like wellness supplement, lubricants, sex toys, and more. Increased sexual health awareness among residents is also impacting the regional growth. The key players profiled in the region include LifeStyles Healthcare, Church & Dwight, Eli Lilly and Company, Lovehoney Group, CooperSurgical Inc., and more.    

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Global Sexual Wellness Market

Report ID: SQMIG35G2155

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