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The condom market size is forecast to increase by USD 6.22 billion at a CAGR of 10.62% between 2023 and 2028. The market is experiencing significant growth due to the increasing awareness of HIV/AIDS prevention and family planning. The market is witnessing a trend of product premiumization as a result of continuous product innovation and portfolio extension. Consumers are increasingly seeking sheath-shaped barriers that offer superior protection against sexual transmitted infections (STIs) and unwanted pregnancies. Young people, who are at a higher risk of STI epidemics, are becoming more conscious of their sexual health and are turning to high-quality condoms. However, consumer confidence in the market is being challenged by concerns over side effects, such as allergic reactions and decreased sensitivity.
Furthermore, to mitigate these concerns, manufacturers are focusing on producing condoms made from superior materials and improving their design to enhance user experience. The market is expected to continue its growth trajectory as long as there is a need for effective and accessible sexual health solutions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Material
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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