condom market

Condom Market, By Gender (Male, Female), By Material Type (Latex,
Non-Latex), By Product Type (Flavored Condom, Studded, Warming,
Pleasured, Others)
Condom is a sheath shaped barrier used during sexual intercourse to reduce the chances of
pregnancy and protect against sexually transmitted diseases. World Health Organization
listed condoms as essential for health systems. Use of condoms reduces the risk of diseases
such as chlamydia, trichomoniasis, gonorrhea, hepatitis B and Human Immunodeficiency
Virus (HIV).
Request
For
Sample
Copy
of
this
Research
:https://www.coherentmarketinsights.com/insight/request-sample/869
Report
Increasing awareness regarding sexually transmitted diseases and public health and
promotional campaigns creating regarding advantages of condoms against unwanted
pregnancy are boosting growth of the condom market. Increasing concerns regarding family
planning pose as a major factor driving demand for condoms. Innovation in female and male
condoms such as anti-ejaculation chemicals are increasing customer interest. According to
Centre for Young Women’s Health (CYWH), female condoms offer around 95% accuracy
for contraception effectiveness and barrier to various sexually transmitted diseases. This has
increased the demand for female condoms, which in turn is propelling growth of the condom
market. Several myths regarding the use of condoms, alternative methods of contraception,
and social stigmas in emerging economies are some of the major factors restraining growth of
the condom market.
Global Condom Market Outlook:
Asia Pacific is the dominant region in the global condom market. Asia Pacific comprises of
economies with largest population such as China, India, and Indonesia, which in turn
contributes to growth of the global condom market in the region. China has a large market for
condom manufacturing and brand enterprising. According to China National Centre for
STD/AIDS Prevention and Control, in 2014, around 501,000 people suffered from HIV, from
which around 21000 people die of the disease. The government of China has supported
efforts to prevent the spread of AIDs and sexually transmitted diseases. This boosts growth of
the market in China. Increasing awareness about sexually transmitted diseases, family
planning campaigns, and brand advertisements are some of the major drivers expected to fuel
growth of the condom market in Asia Pacific over the forecast period.
North America accounts for a major share in the condom market. The U.S., Canada, and
Mexico are major economies in manufacturing condom. According to study conducted by
Centre for Disease Control and Prevention (CDC) between the year 2012 to 2014, the most
popular form of contraception in the U.S. is condom, with its use recorded to be higher
among the age group of 15 years -19 year, than 33 years - 44 years age group. Despite the
increased use of condoms, the STIs rate is rapidly increasing. Over 4.5 hundred million
condoms are sold annually in the U.S. Governments and high schools are playing an
important role in educating students and creating awareness about STIs and contraception.
The U.S Agency for International Development (USAID), has centrally financed female and
male condoms as per the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR). This
enables several economies to make condoms available to vulnerable and poor individuals for
highly subsidized prices. Over 770 million female and male condoms are provided to 37
economies in USAID’s Asia, Latin America, and Africa.
In February 2017, Reckitt Benckiser acquire Mead Johnson Nutrition manufacturers Enfa
food. Reckitt Benckiser is a leading brand for Durex condom, Dettol, Lysol cleaner, and
Mucinex cough remedy, while Mead Johnson is the world’s third largest baby food company.
By acquisition with Mead Johnson, Reckitt Benckiser raises its standing among many
multinationals such as Nestle, Unilever, and Procter & Gamble, by adding Enfant food to its
large portfolio in household products.
Key Market Players in the Global Condom Market:
Some of the major key market players operating the global condom market include Ansell
Ltd (Richmond, Australia), Reckitt Benckiser Group Plc (England), Sagami Rubber
Industries, Reckitt Benckiser Group, Karex Industries Sdn. Bhd (Johor, Malaysia), Graphic
Armor LLC, Thai Nippon rubber Industru Co. Ltd (Sathon, Bangkok), Church & Dwight,
Okamoto Industries, HLL Lifecare, and Guilin Latex.
For More Information:https://tinyurl.com/yxazfsag
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering
action-ready syndicated research reports, custom market analysis, consulting services, and
competitive analysis through various recommendations related to emerging market trends,
technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]

Asia Pacific is the dominant region in the global condom market. Asia Pacific comprises of economies with largest population such as China, India, and Indonesia, which in turn contributes to growth of the global condom market in the region

Download Report