Global Sexual Wellness Market, By Product (Antifungal Agents, Sex Toys/Vibrators, Condoms and Female Contraceptives, Personal Lubricants, Erotic Lingerie, Pregnancy Testing Products, Other Sexual Wellness Products), Distribution Channel (Retail Outlets, Online Stores), Application (Woman, Man) – Industry Trends and Forecast to 2030.
Sexual Wellness Market Analysis and Size
There is an increasing need for sexual wellness because of challenges with sexuality, public health concerns about sexual dysfunction, and the wide implications for health and well-being. With the huge development of HIV and AIDS and the increasing incidence of STIs, sexual wellness is becoming increasingly important globally. Sexual health is intimately associated with reproductive health.
Data Bridge Market Research analyses that the sexual wellness market, which was USD 11.02 billion in 2022, would rise to USD 18.94 billion by 2030 and is expected to undergo a CAGR of 7% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Sexual Wellness Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Antifungal Agents, Sex Toys/Vibrators, Condoms and Female Contraceptives, Personal Lubricants, Erotic Lingerie, Pregnancy Testing Products, Other Sexual Wellness Products), Distribution Channel (Retail Outlets, Online Stores), Application (Woman, Man)
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Countries Covered
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U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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LifeStyles (India), Bijoux Indiscrets (Spain), BioFilm Inc (U.S.), Church & Dwight Co., Inc. (U.S.), FUJI LATEX CO.,LTD. (Japan), HLL Lifecare Limited (India), Benckiser Group Plc (U.K.), Doc Johnson Enterprises (U.S.), Karex Berhad (Malaysia), TENGA Co., Ltd. (Japan), Hot Octopuss (U.S.), California Exotic Novelties LLC (U.S.)
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Market Opportunities
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Market Definition
Sexual wellness defines as physical, emotional, and mental well-being. A person's ability to have satisfying and safe sexual experiences is just one major part of sexual wellness. Other aspects involve understanding one's body and what feels good for oneself, developing communication with partners about desires and needs, and respecting others' rights regarding their sexuality. Sexual wellness is about well-being rather than just the absence of sickness, which is an important conceptual component.
Global Sexual Wellness Market Dynamics
Drivers
- Increasing Demand for Condoms
Condoms are the most important measure for preventing STDs. Thus, the distribution of condoms to people in other countries is a global effort involving NGOs, governments, and foundations. They are also not very costly and is a good birth control options. This, along with advancements in condom design, has surged the demand for condoms worldwide. In terms of volume, in 2019, the male condom market made up over 99% of the market share for sexual wellness. This factor leads to the growth of the market.
- Increasing Prevalence Rate of STD
Approximately 1 million sexually transmitted infections (STIs) are acquired daily globally, most of which are asymptomatic. There are 374 million new infections yearly, with 1 of 4 curable STIs such as gonorrhea, chlamydia, syphilis, and trichomoniasis. More than 490 million people were expected to be surviving with genital herpes in 2016, and an estimated 300 million women have an HPV infection which is the main cause of cervical cancer and anal cancer among men who have sex with men. Thus, these increasing incidences lead to the rising adoption of sexual wellness products. Thus, this factor boosts market growth.
Opportunities
- Increasing Consumer Awareness Associated with Sexual Wellness Products
These days, people are getting aware of sexual illnesses and the measures they can take to eliminate that. Increasing STD and AIDS incidence rates, growing demand for sexual products from developing economies, and increasing acceptance among mainstream consumers are associated with market growth. Recently, the increasing number of women purchasing sexual wellness products is also boosting the expansion of the market for sexual wellness during the forecast period. Thus, this factor boosts market growth.
Restraints/Challenges
- Skin Complications Due to Wellness Products
Many sexual products lead to skin disorders that impede the market growth. For instance, condoms may trigger latex allergy. The severity of latex allergy symptoms can vary, and in many cases, latex allergies can lead to anaphylaxis, a potentially fatal illness. People suffering from latex allergies are advised to switch to synthetic condoms. Numerous research studies have linked talc to ovarian cancer and fibrosis in fallopian tubes, making the woman infertile. Thus, this factor impedes market growth.
This sexual wellness market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the sexual wellness market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Sexual Wellness Market Scope
The sexual wellness market is segmented on the basis of product type, distribution channel, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Antifungal Agents
- Sex Toys/Vibrators
- Condoms and Female Contraceptives
- Personal Lubricants
- Erotic Lingerie
- Pregnancy Testing Products
- Other Sexual Wellness Products
Distribution Channel
- Retail Outlets
- Online Stores
Application
- Woman
- Man
Sexual Wellness Market Regional Analysis/Insights
The sexual wellness market is analyzed and market size insights and trends are provided by product type, distribution channel, and application as referenced above.
The countries covered in the sexual wellness market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to grow during the forecast period of the sexual wellness market due to the increasing number of sexual wellness events and programs that occur in this region is estimated to bode well for the growth of this industry.
Asia-Pacific dominates the market in the forecast period due to the increasing demand for premium sex toys and condoms and water-based and silicone-based sexual lubricants. Furthermore, the growing rate of government initiatives and initiatives by NGOs are boosting market growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The sexual wellness market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for sexual wellness market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the sexual wellness market. The data is available for historic period 2011-2021.
Competitive Landscape and Sexual Wellness Market Share Analysis
The sexual wellness market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to sexual wellness market.
Some of the major players operating in the sexual wellness market are:
- LifeStyles (India)
- Bijoux Indiscrets (Spain)
- BioFilm Inc (U.S.)
- Church & Dwight Co., Inc. (U.S.)
- FUJI LATEX CO., LTD. (Japan)
- HLL Lifecare Limited (India)
- Benckiser Group Plc (U.K.)
- Doc Johnson Enterprises (U.S.)
- Karex Berhad (Malaysia)
- TENGA Co., Ltd. (Japan)
- Hot Octopuss (U.S.)
- California Exotic Novelties LLC (U.S.)
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