The condom market in the Asia Pacific region is estimated to grow at a CAGR of 13.32% from 2024 to 2029.
Condoms are thin rubber material that acts as a barrier against sexually transmitted diseases (STDs) and unintended pregnancy, including HIV. Condoms are integumentary barriers that are used during sex to reduce the chances of getting pregnant and protect you from sexually transmitted diseases. The World Health Organization (WHO) has listed condoms that are essential to your health system. Using condoms reduces the risk of diseases such as trichomoniasis, chlamydia, hepatitis B, gonorrhea, and human immunodeficiency virus (HIV).
Increased public health and sexually transmitted disease awareness and campaigns promoting the benefits of condoms against unwanted pregnancy are driving the growth of the Asia Pacific Condom market. The increasing adoption of contraceptive products among consumers around the region is driving the Asia Pacific market for condoms. The demand for condoms is increasing as the rate of adoption of contraceptive products among consumers in the region increases. The Asia Pacific condoms market is growing due to several factors, such as increased incidence of HIV/STDs, increased awareness of sex education, and condom design and materials innovation. Also, awareness-raising through government initiatives combined with comprehensive sex education programs to reduce the prevalence of sexually transmitted diseases is accelerating the growth of the Asia Pacific Condom market. The growth of online stores selling condoms, sexy lingerie, and sexual lubricants has grown significantly, providing vendors with a wide range of products to manufacture and promote sexual health products. Awareness campaigns about safe sex with condoms through social media is helping to increase condom sales through online channels.
The growth of the Asia Pacific Condom market is also driven by the advent of innovative designs such as hexagonal condoms and the increasing popularity of female condoms. Changes in the economic structure of developed and developing countries are stimulating the Asia Pacific condom market growth. The rising concern about family planning is a major factor driving the demand for condoms in Asia Pacific. Innovations in male and female condoms, such as anti-ejaculation chemicals, are attracting the attention of customers. The Asia Pacific Condom market is likely to increase in the coming years with the surge in awareness through government initiatives and education programs to control the spread of sexually transmitted infections.
There are a few myths about condom usage, alternative contraceptive methods, and social stigma in emerging economies are some of the key factors hampering the growth of the Asia Pacific Condom market.
Impact of COVID-19 on the Asia Pacific Condom Market:
The Coronavirus crisis is likely to accelerate trends that are already shaping the market, such as the rise of the global middle class and the use of e-commerce. Online retailers are seeing increased interest as home consumers seek retail alternatives. Some gender-wellness brands and retailers poised to expand their inventory and shipping operations are reporting e-commerce sales twice as high as pre-COVID-19 levels, which is acting positively for the condoms market.
This research report on the Asia-Pacific condom market has been segmented and sub-segmented into the following categories.
Asia-Pacific Condom Market - By Type of Material:
In 2023, the latex segment had the largest market share due to its wide availability and low price. Latex condoms have been found to be 82% to 98% effective, which is why most brands offer latex condoms. Non-latex condoms made from polyisoprene are also gaining popularity because they are widely preferred by people with latex allergies.
Asia-Pacific Condom Market – By Gender:
Based on gender, the male segment dominated the market in 2023. This is because most of the market is focused on the manufacture of products for men. Female condoms are increasingly used to reduce the risk of sexually transmitted diseases and unintended pregnancy.
Asia-Pacific Condom Market – By Product:
Asia-Pacific Condom Market – By Distribution Channel:
The offline channels, especially the drug stores are the customer's preferred place to shop and accounted for the largest share in 2021. This growth may be due to factors such as ease of availability and greater accessibility to pharmacies. On the other hand, e-commerce platforms are estimated to grow at the fastest pace in the market as Internet penetration increases in developed and developing countries.
Asia-Pacific Condom Market – By Country:
The Asia Pacific is the most dominant region in the global condom market. Asia Pacific is made up of the most populous economies such as India, China and Indonesia, which in turn contributes to the growth of the Condom market in the area. China has a large market for condom manufacturing and branding in the APAC. The Chinese government has supported efforts to stop the spread of AIDS and sexually transmitted diseases. This promotes the growth of the Chinese market. Increased awareness of sexually transmitted diseases, family planning campaigns, and brand advertising are some of the key drivers expected to drive the growth of the condom market in the Asia Pacific during the conjecture period.
KEY MARKET PLAYERS:
Companies playing a leading role in the APAC condom market include Reckitt Benckiser Group Plc, Ansell Ltd, Reckitt Benckiser Group, Sagami Rubber Industries, HLL Lifecare, Graphic Armor LLC, Okamoto Industries, Church & Dwight and Guilin Latex.
RECENT HAPPENINGS IN THE MARKET:
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