Condom Market, By Material Type (Latex, Non-Latex), By Product (Male Condoms, Female Condoms), By Distribution Channel (Mass Merchandizers, Drug Stores, and E-Commerce), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI409820 | Publish Date: December 2023 | No. of Pages: 168

Global Condom Market By Market Trends

The following factors are driving the growth of the global condom market: advancements in condom design have made female condoms more popular; additionally, the internet has shaped end-users' purchasing behavior. Furthermore, social media has proven to be an effective tool for raising user awareness and encouraging the use of these products. Not only is it seen as an affordable method of contraception, but there is a market for it as a product to enhance sexual health. Additionally, the government's initiative regarding population growth and the implementation of sex education in every home by all authorities have marked a notable expansion of the market. Furthermore, the global increase in teenage use of this contraceptive has been attributed to the promotion of safe sex in response to HIV and sexually transmitted diseases (STDs). A big part of spreading the word about these products is social media. Regulating laws and alternative forms of contraception, however, are the main obstacles preventing the market from expanding. Moreover, the lack of awareness and social stigma in developing nations hinders market penetration.