Condoms Market Size Worth US$ 16.8 Billion By 2027 | Growth Rate of 9.40%

According to IMARC Group latest report titled “Condoms Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on condoms market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global condoms market reached a value of US$ 9.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 16.8 Billion by 2027, exhibiting a CAGR of 9.40% during 2022-2027.

Condoms are barrier contraceptives used to prevent pregnancy and reduce the transmission of sexually transmitted infections (STIs). They are produced from latex, polyurethane, or polyisoprene and are available in various shapes and sizes to fit different individuals. They are utilized for preventing the exchange of bodily fluids during sexual activity, thus reducing the risk of pregnancy and STIs. They are highly effective when used consistently and correctly. They can add extra protection to all other birth control methods, such as the pill, shot, ring, intrauterine device (IUD), and implant. They are easily accessible and can be purchased without a prescription at most drug stores, supermarkets, and online retailers.

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Market Trends:

The growing awareness about sexually transmitted diseases among the masses is driving the global market. Moreover, the increasing support and investments from the governments and healthcare providers in promoting the use of condoms is increasing the sales of condoms. Apart from this, several major companies are developing new materials, and textures of condoms that are more comfortable and enjoyable to use is gaining prominence among the masses. In line with this, the introduction of product variants in different designs and innovative packaging is impacting the market favorably. Furthermore, the wide availability of condoms through online and offline stores as well as health clinics and family planning centers is strengthening the growth of the market.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/condoms-market

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • Cupid Limited
  • Fuji Latex Co Ltd
  • Karex Berhad
  • Lifestyles Healthcare
  • Mankind Pharma
  • Mayer Laboratories Inc.
  • Okamoto Global
  • Reckitt Benckiser Group PLC
  • Veru Inc

Condoms Market Segmentation:

Our report has categorized the market based on region, type, end user and distribution channel.

Breakup by Type:

  • Latex
  • Non-latex

Breakup by End User:

  • Men
  • Women

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Pharmacies and Drug Stores
  • Online Stores
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Explore Top Companies Blog by IMARC Group: https://www.imarcgroup.com/condoms-companies-brands

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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