The Condom Market is being driven by High growth of e-commerce platforms
The Condom Market is expected to grow at a CAGR of 11.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 7378.8 million. The condom market is experiencing significant growth due to increasing consumer demand from both genders and intensifying competition. In response, companies are investing heavily in research and development, differentiating their offerings through innovative flavors, sizes, textures, and materials. These premium condoms command higher prices. To stand out, businesses are also allocating substantial resources towards advertising in the market, particularly in the premium segment. Continuous product innovation and expansion of product lines are essential to meet evolving customer needs.
Get more information on Condom Market by requesting a sample report
The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
Market Scope |
|
Report Coverage |
Details |
Page number |
214 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 11.3% |
Market growth 2025-2029 |
USD 7378.8 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
9.9 |
Key countries |
US, China, Germany, Japan, UK, Australia, India, France, Brazil, UAE, Rest of World (ROW), Saudi Arabia, France, South Korea, Mexico, US, China, India, Japan, Germany, UK, Mexico, France, South Africa, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Condom Market encompasses various aspects, including sensitivity studies on latex and material tensile strength, investigations into condom failure mechanisms and viral transmission prevention. Lubricant composition, bacterial barrier function, and user education are also crucial. Packaging design, quality assurance, and condom shape variations are significant factors. Material degradation, burst pressure, and antimicrobial activity of lubricants are under scrutiny. Application technique, biodegradability, and user preferences influence market trends. Temperature storage, elasticity testing, inactivation studies, thickness variation, reservoir tip design, packaging types, protein removal, compliance, and disposal guidelines are other essential considerations.
The condom market is a significant segment of the global household and personal care products industry, encompassing research and development (R&D) and manufacturing activities related to the production of condoms. Key trends driving market growth include the increasing prevalence of sexually transmitted infections and the rising demand for innovative condom materials, such as latex allergy-tested polyisoprene and thin, lubricated designs. These advancements cater to consumer preferences for enhanced comfort and protection. Technavio projects the global personal care products market, which includes condoms, to experience substantial expansion due to increasing disposable income, leading to increased spending on discretionary items.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted