Authored By: Sarah
16 Aug 2024

Online Sex Toys Market 2024-2028: Size and Cultural taboos and stringent laws in regional markets; growth driven by the Gender, Some of key Companies Positioned Strategically

The online sex toys market size by Gender (Female and Male), Product (Adult vibrators, Erection rings, Dildos, and Others), and Geography (APAC, Europe, North America, South America, and Middle East and Africa), is forecast to increase by USD 18935 million. The market is expected to grow at a CAGR of  about 14.96% between 2024 and 2028.

  • In the burgeoning online sex toy market, societal norms and legal restrictions pose significant challenges. While acceptance of sex toys, such as vibrators, is increasing globally, they remain taboo in certain regions, particularly in Asia Pacific and the Middle East. Historically, adult vibrators have been depicted in pornography, creating a social stigma surrounding their use. This perception, coupled with restrictive laws, has hindered public exhibition and sales of these products. However, the advent of e-commerce platforms has mitigated these challenges, enabling anonymous purchases and expanding market reach.
  • The online sex toys market represents a significant and growing business sector. Consumers increasingly prefer the convenience and discretion of purchasing these products online. Market research indicates a steady growth trend, driven by expanding consumer demographics and increasing societal acceptance. Key players in this industry prioritize customer privacy, product quality, and discreet shipping to cater to the unique needs of their clientele.

Access the full report to know who are the other key countries segment-wise forecast and historic data

 

Some of the Key Companies:

  • Bad Dragon Enterprises Inc.
  • BMS Factory
  • Cliq Ltd.
  • FUN FACTORY GmbH
  • Gizmoswala
  • JIMMYJANE
  • Landmark Group
  • LELOi AB
  • Lovetreats
  • Lovehoney Group Ltd.
  • Ltd. Brands
  • Luvu Brands Inc.
  • PHC Inc.
  • Pipedream Products LLC
  • Reckitt Benckiser Group Plc
  • Tantus Inc.
  • TENGA Co. Ltd.
  • The Aneros Co.
  • VIBRATEX Inc.
  • WOW Tech International GmbH

Contacts

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/

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