The Sex Toys Market is being driven by Increasing popularity of sex toys globally
The Sex Toys Market is expected to grow at a CAGR of 13.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 34544.3 million. The global sex toys market is experiencing significant growth due to increasing consumer awareness and adoption of products such as vibrators and dildos. Media exposure and changing societal perceptions have contributed to this trend. Manufacturers, like LELOi AB, are responding by introducing innovative technologies, such as wearable couple vibrators like the TIANI 24k. Consumers are also utilizing the Internet to explore new offerings, such as clitoral vibrators that employ sonic waves and pulses, further fueling market expansion.
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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:
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Market Scope |
|
Report Coverage |
Details |
Page number |
200 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 13.8% |
Market growth 2025-2029 |
USD 34544.3 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
11.7 |
Key countries |
US, China, Mexico, Russia, UK, Germany, Thailand, Japan, France, Brazil, UAE, Rest of World (ROW), US, China, Mexico, Russia, UK, Germany, Thailand, Japan, France, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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In ancient India, Kama Sutra by Vatsyayana introduced the concept of Apadravyas, or sex toys, including lingam and yoni shapes made of gold, silver, and copper. Babhravya further expanded this concept with various shapes and functions. Today, the sex toys market encompasses vibrators, anal toys, and more, catering to the diverse tastes and desires of adult consumers. Ownership, creation, production, promotion, retailing, and sexual satisfaction are key aspects of this industry, which intersects with the contraception market.
The Kama Sutra, an ancient Indian text on love and sexuality, introduces various Apadravyas or sex toys, such as Lingam (phallic objects) and Yoni (vaginal objects), made of materials like gold, silver, copper, iron, ivory, buffalo's horn, tin, and lead. These specialties, also known as Vatsyayana's Babhravya, have been used for centuries to enhance sensual experiences. The global market for household durables, which includes leisure products, is projected to grow significantly due to increasing health club memberships, reaching a substantial revenue size through the combined earnings of manufacturers in consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure goods. This expansion is driven by the burgeoning health and fitness industry, with a steady rise in club memberships and a rapid expansion of facilities worldwide.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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