Sexual Wellness Products Market Report
The report on the Global Sexual Wellness Products Market is segmented By Product (Sex Toys, Condoms [Male, Female], Personal Lubricants [Water-based, Silicone-based, Oil-based]), By Distribution Channel (Mass Merchandizers, Retail Pharmacy, E-commerce), and Region. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global sexual wellness products market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
The report on the Global Sexual Wellness Products Market is segmented By Product (Sex Toys, Condoms [Male, Female], Personal Lubricants [Water-based, Silicone-based, Oil-based]), By Distribution Channel (Mass Merchandizers, Retail Pharmacy, E-commerce), and Region. ...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
The Global Sexual Wellness Products Market is projected to grow from USD 78.41 billion in 2020 to USD 105.27 billion by 2026 at a CAGR of over 5.0% during the forecast period.
In reference to sexuality, the state of physical, mental, and social well-being of a person is referred as sexual wellness. The key focus of sexual wellness products is to provide safer sex and enhanced sexual pleasure. Moreover, these products also enable to prevent the spread of sexually transmitted diseases and unwanted pregnancies. These products include vibrators, contraceptives, exotic lingerie & apparel, and dental dams, among others.
Key players operating in the global sexual wellness products market are-
Increasing prevalence of sexually HIV and Sexually Transmitted Diseases (STDs) is the key factor driving the demand for sexual wellness products.
By product, the sexual wellness products market has been segmented into sex toys, condoms, and personal lubricants.
By region, the market in North America garnered the highest market share in 2020 and is projected to grow at a steady CAGR during the assessment period.
The COVID-19 pandemic has positively influenced the sexual wellness products industry. Condoms have experienced a surge, whereas the demand for sex toys and other items witnessed a temporary decline. However, to attend to their sexual needs due to the limited movement of people with partners staying in different homes, people have started relying on vibrators and other sex toys to cater to their sexual pleasure. Governments around the world have issued advisories to encourage safe sex with partners during the lockdown.
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The sexual wellness products market size is expected to reach USD 105.27 billion in the foreseeable future.
The sexual wellness products market is expected to witness a CAGR of 5.0% in the coming years.
3M (The US), Getinge Group (Sweden), Cantel Medical (The U.S), Mesa Laboratories (The U.S), Steris (The U.S), Fuze Medical (The U.S), Matachana (Spain), Hu-Friedy (The U.S), Advanced Sterilization (The U.S) and Bag Health Care (Germany) are among the key players in the sexual wellness products market.
North America garnered the highest market share in 2020 and is projected to grow at a steady CAGR during the assessment period.
Sex toys segment accounted for the largest share in the sexual wellness products market in 2020.
Increasing prevalence of sexually HIV and Sexually Transmitted Diseases (STDs), rising government initiatives and NGOs participating in the promotion of the usage of contraceptives, expanding childbearing population of women across the globe and the comfort of online shopping and e-commerce are the factors driving the growth of sexual wellness products market.
Sexual wellness products companies, Sexual wellness products vendors, Condom companies, STD awareness organizations, LGBTQ communities are the target audience in the sexual wellness products market.