Condom Market Report: Trends, Forecast and Competitive Analysis to 2030

Condom Trends and Forecast

The future of the global condom market looks promising with opportunities in the male condom and female condom markets. The global condom market is expected to reach an estimated $19.7 billion by 2030 with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are increasing knowledge among teenagers regarding sexually transmitted infections (stis) and hiv and greater accessibility and increased availability of pharmacies.

A more than 150-page report is developed to help in your business decisions.

Condom by Segment

The study includes a forecast for the global condom by material type, distribution channel, product, and region.

Condom Market by Material Type [Shipment Analysis by Value from 2018 to 2030]:

• Latex Condoms
• Non-Latex Condoms

Condom Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

• Mass Merchandizers
• Drug Stores
• E-Commerce

Condom Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Male Condoms
• Female Condoms

Condom Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Condom Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies condom companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the condom companies profiled in this report include-

• Church & Dwight
• Fuji Latex
• Reckitt Benckiser
• Karex Berhad
• Lelo
• Lifestyles Healthcare
• Veru

Condom Market Insights

Lucintel forecasts that latex condom will remain the larger segment over the forecast period as it is durable, flexible, and provides proper contraception and prevention against STDs.

Within this market, male condom will remain the larger segment as it is relatively affordable and ease of use.

APAC will remain the largest segment over the forecast period due to large population and favorable government initiatives to control the population.

Features of the Global Condom Market

Market Size Estimates: Condom market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Condom market size by material type, distribution channel, product, and region in terms of value ($B).

Regional Analysis: Condom market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different material types, distribution channels, products, and regions for the condom market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the condom market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the condom market size?

Answer: The global condom market is expected to reach an estimated $19.7 billion by 2030.

Q2. What is the growth forecast for condom market?

Answer: The global condom market is expected to grow with a CAGR of 8.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the condom market?

Answer: The major drivers for this market are increasing knowledge among teenagers regarding sexually transmitted infections (STIs) and HIV and greater accessibility and increased availability of pharmacies.

Q4. What are the major segments for condom market?

Answer: The future of the condom market looks promising with opportunities in the male condom and female condom markets.

Q5. Who are the key condom market companies?

Answer: Some of the key condom companies are as follows:

• Church & Dwight
• Fuji Latex
• Reckitt Benckiser
• Karex Berhad
• Lelo
• Lifestyles Healthcare
• Veru

Q6. Which condom market segment will be the largest in future?

Answer: Lucintel forecasts that latex condom will remain the larger segment over the forecast period as it is durable, flexible, and provides proper contraception and prevention against STDs.

Q7. In condom market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest segment over the forecast period due to large population and favorable government initiatives to control the population.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the condom market by material type (latex condoms and non-latex condoms), distribution channel (mass merchandizers, drug stores, and e-commerce), product (male condoms and female condoms), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?