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The Female Condoms Market size is projected to increase by USD 725.5 million and the market size is estimated to grow at a CAGR of 15.2% between 2023 and 2028. The global market for condoms is experiencing significant growth due to several factors. The increasing prevalence of sexually transmitted diseases (STDs) has led to a heightened awareness of safe sex practices, thereby driving demand for condoms. Moreover, various initiatives are being taken to promote the adoption of condoms, including public health campaigns and partnerships between governments and NGOs. Additionally, consumer perspectives towards sexual health and wellness are evolving, with an increasing emphasis on protection and prevention. These factors collectively contribute to the expanding market for condoms, making it a promising investment opportunity for manufacturers and distributors.
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The relays market is increasingly influenced by trends in healthcare and consumer products. In addressing issues related to impotence, infertility, and adverse birth outcomes such as stillbirths, advanced relay systems are crucial in the development and quality control of market concentration products. Companies like Durex, Jems, Slipp, Bleu, Get Down, Jonny, and Hanx are prominent players focusing on these health concerns, requiring precise and reliable relay technology. Quantitative data and qualitative data from the current market show significant competition among these competitors. Effective relays are essential for ensuring the consistency and safety of products designed to address reproductive health issues. Market concentration is driving innovation, with advancements in relay technology supporting accurate manufacturing and testing processes. This contributes to enhanced product reliability and improved current market offerings.
Increasing demand for premium sexual wellness products is expected to drive the latex condom segment during the forecast period. One of the most commonly used condoms among consumers is latex condoms as they are economical and are easily available. The main advantage of a latex condom is that it offers protection against pregnancy and sexually transmitted infections (STIs) such as human immunodeficiency virus (HIV). The main reason fuelling the demand for latex condom is that it is available in a variety of sizes, colors, textures, shapes, and flavors. Several vendors in the female condoms market are innovating advanced features on their products such as the launch of pleasure-oriented female condoms, to increase their revenues. Hence, such factors are expected to drive the growth of this segment which in turn will fuel the global female condom market growth during the forecast period.
A key factor shaping the global female condom market growth is the increasing popularity of female condoms. There is a growing popularity of female condoms which in turn is fuelling its increasing adoption among the consumer segment, especially in developed countries. For instance, in the US, in order to curb the rising cases of HIV, the government is distributing a large number of female condoms through beauty salons, convenience stores, and clinics under its disease control (DC) program. Furthermore, skilled professionals are interacting with female consumers to know more about their sexual health, which is also fuelling the high adoption rates for female condoms on a large scale. Some of the government initiatives to promote female condom use in developing countries include comprehensive female condom programs, effective family planning, and HIV programs. Hence, such initiatives are expected to drive the global female condoms market growth during the forecast period.
Side effects of using condoms are one of the key challenges hindering the global female condom market growth. Some of the key side effects due to the usage of condoms include allergic reactions to genitals (majorly latex condoms) and STIs (due to the use of non-latex condoms such as polyisoprene, lambskin, and nitrile condoms). Furthermore, the addition of flavors and lubricants to condoms can cause skin infections in genital areas. For example, one of the most commonly used condoms is latex condoms and it has certain side effects, including skin allergies on the genitals, such as rashes, hives, and in severe cases, tightening of the airways and loss of blood pressure. Additionally, non-latex condoms are expensive and are not easily available. Hence, such factors are expected to hinder the global female condoms market growth during the forecast period.
The retail stores segment is estimated to witness significant growth during the forecast period. This segment mainly comprises supermarkets, hypermarkets, departmental stores, pharmacies and clinics, and other stores. Some of the prominent retail chains which offer female condoms include Walmart, Walgreens, and CVS Pharmacy. Additionally, these retail stores are innovating new ways to improve the consumer experience in the purchase of such products by ensuring that the sales staff, with their expertise, is able to inspire confidence and trust in the purchase.
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The retail stores segment was the largest segment and was valued at USD 344.40 million in 2018. Factors such as the increase in disposable income and the availability of female condoms across different retail stores are fuelling the growth of this segment. There is a growing preference for drug stores among the consumer segment for the purchase of female condoms due to their convenience and the presence of health professionals that guide customers toward an appropriate product based on their usage patterns, which also aids in dispelling preconceived notions. Also, there is an increasing preference towards retail stores as well due to factors such as convenience, accessibility, and availability of various kinds of products, which are expected to fuel the growth of this segment, which in turn will drive the global female condom market growth during the forecast period.
APAC is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Some of the main factors for the significant growth of the female condom market in APAC is due to the factors such as the increasing awareness among people about the benefits of condoms, the availability of a wide range of products, and the growing consumption of premium products. The main countries which are significantly contributing to the global female condom market growth in the region are China, Japan, South Korea, Thailand, Malaysia, and India. Furthermore, factors such as increasing disposable income, a rapid rise in population, and the growing e-commerce market are also expected to fuel the growth of the global female condom market in APAC during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The research report also includes detailed analyses of the competitive landscape of the market and information about 8 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
You may also interested in below market reports:
1. Condom Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, India, Japan, UK - Size and Forecast
2. US Condom Market by Material, Product, and Distribution Channel - Forecast and Analysis
3. Female Contraceptive Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, France, Canada, Japan - Size and Forecast
The relays market is influenced by various sectors, including the Pharma & Healthcare industry. Advanced relay systems are essential for the manufacturing process of products such as polyurethane condoms, polyisoprene condoms, and male condoms, which are crucial for public health. As growing awareness about safe sex and LGBTQ community needs drives demand, companies like Vive condom brand, MEA condom, and Nigeria condom are leading the charge. Ecommerce segment growth reflects changing current trends in consumer behavior, with sales teams leveraging complex data sets and subsegments analysis to make effective decisions. Competitors are intensifying efforts to capture market share, and value chain optimization is crucial for revenue growth. Regional Edition reports and Specific Report Edition analyses by market researcher Manjiri Kanhere provide insights into future market trends and threats. Agreements and joint ventures are shaping the current landscape, with a focus on product position and new business opportunities in a competitive environment.
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Market Scope |
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Report Coverage |
Details |
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Page number |
146 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 15.2% |
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Market growth 2024-2028 |
USD 725.4 million |
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Market structure |
Concentrated |
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YoY growth 2023-2024(%) |
12.86 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 40% |
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Key countries |
US, China, India, Japan, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Cupid Ltd., Global Protection Corp., HLL Lifecare Ltd., Karex Berhad, MEDZEEL LIFESCIENCE, Reckitt Benckiser Group Plc, StaySafe Condoms, and Veru Inc. |
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Market dynamics |
Parent market analysis, Market forecasting growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
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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