The new report titled ‘Global Condom Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Condom market outlook over the forecast duration (2022-2030). Researchers have examined the global market holistically and emphasised the elements that affect the market's overall expansion. The study examines the strengths, weaknesses, opportunities, and threats related to the expansion of the various market sectors using effective analytical tools like SWOT analysis and Porter's Five Forces. The study includes vital information, like the market shares of the major players, that aids the reader in gaining a thorough understanding of the Condom market. The most recent research study serves as the ideal illustration of the thorough analysis of the international Condom market. The table of contents, a list of tables and figures, research methods, geographic segmentation, competitive environment, upcoming developments, and technological innovation are all included in this document. The globally-disrupting incidence has impacted nearly every aspect of this business domain. However, the latest study expounds on the present market scenario and forecasts the pandemic’s aftermath, with respect to this industry. Furthermore, the major aspects of the market have been discussed in the report, with expert opinions on the current status of the market.
The global condom market size was USD 9.82 Billion in 2021 and is expected to register a revenue CAGR of 8.5% during the forecast period, according to latest analysis by Emergen Research. Condom market revenue growth is primarily driven by factors such as increasing incidence of STDs, rising government initiatives to control population explosion, launch of new products to enhance sexual pleasure, growing awareness to prevent unwanted sex and family planning in developing countries, and increasing instance of casual sex globally. A condom is a sheath-shaped protection worn during sexual activity to lower risk of pregnancy and sexually transmitted diseases. There are male and female condoms accessible in the market. Women whose male partners always use condoms have a 2% annual pregnancy rate if condoms are used correctly, while pregnancy rate is 18% each year under normal conditions. Their use significantly reduces likelihood of contracting trichomoniasis,gonorrhea, chlamydia, hepatitis B, and HIV/AIDS and also provides some protection from Human Papillomavirus (HPV),genital herpes,and syphilis.
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Some of the key participants in this industry include:
Church Dwight Co., Inc., Fujilatex Co., Ltd, Reckitt Benckiser Group Plc, Karex Berhad, Lelo, Lifestyles Healthcare Pte Ltd., Veru, Inc., Mayer Laboratories, Inc., Okamoto Industries, Inc., and Cupid Limited
The global Condom market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Condom market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Key regions covered in the report:
- North America
- Asia Pacific
- Latin America
- Middle East Africa
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This report is the latest document encompassing the massive changes that took place in the Condom market following the emergence. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Condom market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.
Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Male Condom
- Female Condom
Type Outlook (Revenue, USD Billion; 2019-2030)
- Latex Condom
- Non- latex Condom
Flavor Outlook (Revenue, USD Billion; 2019-2030)
- Black Grapes
Valuable Market Insights:
- The report highlights the latest trends observed in the consumption pattern of each regional segment.
- Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
- The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Condom market.
- The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
Questions addressed in the report:
- What is the estimated market growth rate throughout the forecast period?
- Which end-use industry is expected to witness the highest demand for Condom in the near future?
- What is the regulatory framework governing the application of Condom in the food industry?
- Which manufacturing processes are utilized for the production of Condom?
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