The
condom market and it is poised to grow by USD 3.44 billion
during 2020-2024, progressing at a CAGR of over 8% during the forecast period.
The report offers an up-to-date analysis regarding the current market scenario,
latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic
continues to transform the growth of various industries, the immediate impact
of the outbreak is varied. While a few industries will register a drop in
demand, numerous others will continue to remain unscathed and show promising
growth opportunities. Technavio’s in-depth research has all your needs covered
as our research reports include all foreseeable market scenarios, including
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COVID-19 Impacts
Frequently Asked Questions-
·
Based on segmentation
by material, which is the leading segment in the market?
·
The latex condoms are expected to be
the leading segment in the global market during the forecast period.
·
At what rate is the
market projected to grow?
·
Growing at a CAGR of over 8%, the
incremental growth of the market is anticipated to be USD 3.44 billion.
·
Who are the top
players in the market?
·
Church & Dwight Co. Inc., Cupid
Ltd., Fuji Latex Co. Ltd., Guilin HBM Health protections Inc., Karex Bhd, LELOi
AB, LifeStyles Healthcare Pte. Ltd., Okamoto Industries Inc., Reckitt Benckiser
Group Plc, and Veru Inc. are some of the major market participants.
·
What is the key
market driver?
·
Rising demand for female condoms is
one of the major factors driving the market.
The market is fragmented, and the
degree of fragmentation will accelerate during the forecast period. Church
& Dwight Co. Inc., Cupid Ltd., Fuji Latex Co. Ltd., Guilin HBM Health
protections Inc., Karex Bhd, LELOi AB, LifeStyles Healthcare Pte. Ltd., Okamoto
Industries Inc., Reckitt Benckiser Group Plc, and Veru Inc. are some of the
major market participants. The rising demand for female condoms will offer
immense growth opportunities. To make most of the opportunities, market vendors
should focus more on the growth prospects in the fast-growing segments, while
maintaining their positions in the slow-growing segments.
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significant developments in vendor operations and government regulations.
Condom Market 2020-2024: Segmentation
Condom Market is segmented as below:
·
Material
o
Latex
o
Non-latex
·
Distribution Channel
o
Offline
o
Online
·
Gender
o
Male
o
Female
·
Geographic Landscape
o
APAC
o
Europe
o
MEA
o
North America
o
South America
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