Global Condoms Strategic Business Report 2023: Condoms as a Powerful Tool against HIV/AIDS Driving Growth
DUBLIN, July 5, 2023 /PRNewswire/ -- The "Condoms: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Condoms estimated at US$8.5 Billion in the year 2022, is projected to reach a revised size of US$13.4 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030.
Natural, one of the segments analyzed in the report, is projected to record 5.6% CAGR and reach US$9.2 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Synthetic segment is readjusted to a revised 6.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 7.2% CAGR
The Condoms market in the U.S. is estimated at US$1.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2030 trailing a CAGR of 7.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.
Select Competitors (Total 63 Featured) -
- Church & Dwight Co., Inc.
- Fuji Latex Co., Ltd.
- HLL Lifecare Ltd.
- LifeStyles Healthcare Australia
- Karex Berhad
- Okamoto Industries, Inc.
- Reckitt Benckiser
- Thai Nippon Rubber Industry Public Limited Company
- Veru Inc.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 on Condoms Market
- COVID-19 Crisis and the Global 'Stay Home' Phenomenon Add Vigour to Sex Life, Increasing the Demand for Condoms
- Condom Shortage Looms Ahead amidst COVID-19 Outbreak and Increasing Demand
- Plant Shutdowns and Heightened Regulatory Vigilance due to COVID-19 Strangle Condoms Supply from Asia
- Delay in International Shipping, Clearance and Regulatory Approvals
- Future Prospects for Condoms Market
- A Prelude to Condoms
- Market Snapshots
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Natural Condoms Hold Major Share of Condom Market
- Male Condoms Remain Leading Product Category
- Non-Institutional Sector Makes Major Revenue Contribution
- Developed Regions Account for Commanding Share of Global Market
- Developing Countries to Drive Market Growth
- Condoms - Global Key Competitors Percentage Market Share in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Burgeoning Global Population Drives Increasing Condoms Usage
- World Population by Geographic Region (in Millions): 2010-2040
- Condoms as a Powerful Tool against HIV/AIDS: A Strong Growth Driver
- HIV Prevalence and Incidence Statistics by Region: 2018
- HIV Prevalence among the Global Adult Population: 2011-2018
- Sex Education Programs to Raise Awareness Promote Adoption of Condoms
- Government Support to Promote Market Expansion
- Public Health Organizations Encourage Condoms Use
- Increasing Standard of Living: A Key Growth Driver
- Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
- Exponential Increase in Urban Population
- World Urban Population in Thousands: 1950-2050
- Players Focus on New Product Launches to Extend Market Reach
- Select Condom Launches in Recent Years
- UltraFeelT Condom
- Next-Gen Condom
- Online Sales to Exhibit Healthy Growth
- Female Condoms Exude Immense Growth Potential
- Launch of FC2 Female Condom Drives Female Condom Use
- Emerging Economies to Fuel Female Condom Demand
- Female Condoms Market Offers Lucrative Opportunities to Vendors
- Flavored Condoms Market to Register Enormous Gains
- Condom Manufacturers Shifting Focus Towards Luxury Condoms
- Condoms Become More Ecofriendly
- Custom-Fit Condoms Gain Popularity
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/s6cqb4
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Source: https://www.prnewswire.com/news-releases/global-condoms-strategic-business-report-2023-condoms-as-a-powerful-tool-against-hivaids-driving-growth-301870332.html
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