Market Overview:

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. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Condoms are barrier contraceptives that protect against sexually transmitted diseases (STDs) and sexually transmitted infections (STIs), such as herpes simplex virus (HSV) and human immunodeficiency virus (HIV). They can add extra protection to all other birth control methods, like the pill, shot, ring, intrauterine device (IUD), and implant. They are manufactured using latex and are currently available in different sizes, shapes, flavors, colors, and textures. At present, leading players are introducing unique flavors and thin latex and different textured variants to expand their product portfolio and increase their sales.

Condoms Market Trends:

The growing awareness among the masses about sexually transmitted diseases through government initiatives, along with comprehensive sex education programs, represents one of the key factors driving the market. Moreover, non-governmental organizations (NGOs) are collaborating with numerous manufacturers to promote the use of condoms by distributing free samples. This, coupled with the introduction of product variants in different designs and innovative packaging, is propelling the growth of the market. In addition, the wide availability of condoms through online and offline stores is strengthening the growth of the market. Besides this, the increasing marketing and promotional activities around the world are offering lucrative growth opportunities to key market players. Additionally, the increasing utilization of condoms by sex workers, young couples, and the lesbian, gay, bisexual, and transgender (LGBTQ) community have significantly reduced the public health concerns and population explosion. Furthermore, the escalating demand for air condoms that reduce friction, increase lubrication, and avoid stickiness for ultimate comfort is bolstering the market growth. The growing consciousness among individuals about their reproductive health is anticipated to drive the market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global condoms market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on 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
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Church & Dwight Co. Inc., Cupid Limited, Fuji Latex Co Ltd, Karex Berhad, Lifestyles Healthcare, Mankind Pharma, Mayer Laboratories Inc., Okamoto Global, Reckitt Benckiser Group PLC and Veru Inc.

Report Coverage: