Condom Market

Global Condom Market Size (2024 to 2032)

The size of the global condom market is expected to rise at a CAGR of 11.3% from 2024 to 2032 and be worth USD 29.88 billion by 2032 from USD 12.69 billion in 2024.

Current Scenario of the Global Condom Market

The condom market dates to 1857 marking the creation of rubber condoms that only cover part of the penis. Since then, the industry has seen tremendous innovations in terms of the type of material used, design, size, and use. The condom market continued to grow until 1975. However, with the advent of other contraceptive methods such as the pill and IUDs during this period, condom sales began to decline. The condom regained its popularity a decade later, in the 1980s, due to the AIDS pandemic. Today, the global market is thriving around the world and billions of condoms are produced each year. Public and private organizations have played a key role in educating consumers. Initially dominated by latex, the industry now has many innovative products based on polyisoprene, polyurethane, lambskin, and nitrile.

Market Drivers

The growing availability of condoms across online and offline channels is fueling the demand for condoms and is driving global market growth.

Condoms are primarily used to avoid unplanned pregnancies and condoms do offer the highest percentage of safety to avoid unwanted pregnancies. As per the information published by the World Health Organization (WHO), an estimated 98% of women would not be conceived if their male partners properly use condoms. The increasing penetration of the Internet has made it easier to buy condoms. In such a scenario, ongoing innovations increased campaigns by government organizations and growing awareness of sexual well-being. An increase in the usage of condoms by sex workers, young couples, and the LGBTQ community is expected to drive growth in the global condom market during the forecast period. Studies show that condoms have helped prevent 50 million new cases of HIV since the start of the HIV/AIDS pandemic. The availability of a different variety of condoms around the world determines the global market growth. For sexually active people between the ages of 16 and 25, the market for luxury and exotic condoms is strong.

The rising prevalence of sexually transmitted diseases is contributing to the growth of the global condom market. The prevalence of sexually transmitted diseases such as syphilis, gonorrhea, chlamydia, hepatitis B, genital herpes and HIV/AIDS is increasing. While syphilis, gonorrhea, chlamydia, and trichomoniasis are curable, STDs caused by HPV, HIV, hepatitis B, and genital herpes remain incurable. Condoms have shown a high success rate in preventing sexually transmitted diseases and pregnancy. The demand for female condoms is increasing, especially in developed countries such as the United States, where the government distributes them to beauty salons, convenience stores, and clinics to control rising rates of HIV.

In developing countries, such as India, where stigma limits female condom use, comprehensive female condom programs and effective family planning and HIV programs are supposed to boost condom adoption rates. Female condoms have emerged as an effective alternative to birth control pills, especially for prostitutes who may face condom rejection and women who prefer not to use hormonal methods to avoid pregnancy. The growing popularity of female condoms, which is one of the critical trends in the condom market, has encouraged market vendors such as Veru and Cupid to invest heavily in improving the design and performance of female condoms. Using female condoms will help increase the number of safer sex and minimize the number of STIs.

MARKET RESTRAINTS

However, side effects like latex allergies and social stigma in developing countries will restrain the growth of the industry to some extent. Factors such as competition from alternative contraceptive methods, resistance to using condoms, and inadequate access in certain regions are further hindering the growth of the global condom market.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Condom Market By Product

Based on product, the natural condom market dominated the condom market and accounted for 82.4% of the worldwide market share in 2023.

The domination of the segment is expected to continue throughout the forecast period. Natural condoms are made of latex or lambskin. The growing concerns about latex allergies, and the popularity of sustainable and biodegradable materials are propelling the demand for natural condoms and are propelling the segmental growth.

On the other hand, the synthetic segment is expected to grow at a CAGR of 12.45% during the forecast period. Synthetic condoms are made up of materials such as nitrile, polyurethane, and polyisoprene. The growing adoption of synthetic variants to avoid allergic reactions associated with latex is driving the growth of the synthetic segment. The growing demand for synthetic products due to their advantages over natural products is expected to drive the growth of the segment in the coming years.

Global Condom Market By Material

Latex condoms have been shown to be 83% to 99% effective, which is why most brands offer latex condoms.

Based on the material, the latex segment held the largest share of the worldwide market in 2023 and is predicted to register domination throughout the forecast period due to its wide availability and low prices. These are more durable and flexible, provide contraception and protection against STDs, and are widely available in different brands of different shapes, sizes, colors, flavors, and textures.

The polyisoprene segment is another major segment by material in the global market and is projected to grow at a notable CAGR during the forecast period. Polyisoprene latex-free condoms are also gaining popularity as they are widely preferred by those with latex allergies. These are versatile and are most preferred because they are odorless, textured, and provide an enhanced feel.

Global Condom Market By Gender

The female condom segment is expected to grow at a CAGR of 9.82% from 2024 to 2032 owing to the growing participation of women in sexual experiences and awareness of women's sexual rights.

Based on gender, the male segment led the market in 2023 and held the largest share of the global market and the lead of the male segment in the global will continue during the forecast period. The presence of a large number of manufacturers of male contraceptive sleeves, easy availability, and high sexual stamina among men are driving the segmental growth. In addition, the lower prices of male condoms, the decrease in complications as well as the arrival of superior and innovative products will increase the growth of the segment during the forecast period.

Global Condom Market By Distribution Channel

Based on the distribution channel, the offline channels accounted for a significant share of the global condom market in 2023 and are expected to grow considerably during the forecast period.

Pharmacies are the preferred source of purchase for customers. The growth of the offline distribution channel segment is attributed to factors such as easy availability and better access to pharmacies.

On the other hand, the online segment is anticipated to witness the highest CAGR in the global market during the forecast period. E-commerce platforms are predicted to grow at the fastest rate in the market due to the increasing penetration of the Internet in both developed and developing economies.

REGIONAL ANALYSIS

Asia-Pacific dominated the condom market in 2023 and outranked regions such as North America, Europe and others.

The domination of the Asia-Pacific region is projected to continue during the forecast period due to increased demand in countries such as China, India, and Japan, large populations, favorable government initiatives carried out to control the population and the increasing prevalence of STDs and HIV. MEA and Latin America are also expected to experience significant growth in the market.

Europe is second, followed by North America, due to the growing demand from sex workers and the LGBT community. European countries such as Germany, France, the United Kingdom, and Italy are among the countries with the highest market shares. In these countries, government initiatives are underway to promote the use of contraceptives among young people to prevent HIV transmission. For example, in November 2019, the French Ministry of Health announced reimbursement of the costs of prescribing condoms by doctors as part of an initiative to fight HIV and AIDS.

In the United States, there has been a significant change in the sexual behavior of the young population, leading to a reduction in the use of these products between 2014 and 2018. However, the growing demand from the adolescent and age population medium led the market during the estimated period.

KEY MARKET PLAYERS

Companies playing a major role in the global condom market include Church & Dwight, Fujilatex, Reckitt Benckiser Group, Veru, Okamoto Industries, Mayer, Cupid Limited, Karex Berhad, and Mankind Pharma.

RECENT HAPPENINGS IN THIS MARKET

• In October 2020, Durex, the world's leading sexual wellness brand, set a new benchmark in its category with the launch of India's thinnest condom, “Durex Invisible”. Through this distinctive innovation, Durex aims to encourage condom use by addressing the biggest barrier to consumer use that hinders intimacy between partners.

DETAILED SEGMENTATION OF THE GLOBAL COMMERCIAL LAWN MOWER MARKET INCLUDED IN THIS REPORT

This research report on the global condom market has been segmented and sub-segmented based on product, material, gender, type, and region.

By Product

• Natural Condom
• Synthetic Condom

By Material

• Latex
• PU Leather
• Polyisoprene
• Polyurethane

By Gender

• Female
• Male

By Distribution Channel

• Offline
• Online

By Region

• North America
• Europe 
• Asia Pacific
• Latin America
• The Middle East and Africa