Condom Market Synopsis

Condom Market Size Was Valued at USD 8.9 Billion in 2022, and is Projected to Reach USD 16.7 Billion by 2030, Growing at a CAGR of 8.2% From 2023-2030.

Condoms are referring to a thin pouch that keeps sperm from getting into the vagina. There are two types of condoms such as male and female condoms. Prevention is the cornerstone of the response to AIDS. Condoms are an integral and crucial part of absolute prevention and care programs, and their promotion must be accelerated. Moreover, the growth in the adoption rates of contraceptive products among consumers over the globe is fueling the demand for condoms. Furthermore, rising consciousness through government initiatives, associated with comprehensive sex education programs to overcome the prevalence of sexually transmitted diseases, is turning the market growth over the globe. In 2018, as per the data published by Public Health England, there were around 448 thousand cases of STIs diagnosed, of which 49% were chlamydia.

• The universality of sexually transmitted diseases, such as syphilis, gonorrhea, chlamydia, hepatitis B, genital herpes, and HIV/AIDS, is growing. Therefore, with the growing prevalence of sexually transmitted diseases, followed by various government initiatives over the globe, the demand for condoms is boosting. Besides sex education and control against STDs, the launching of innovative condom designs, coupled with innovative packaging style, growth in marketing, and promotional activities are some of the major factors accelerating the market growth over the forecast period.
• There has been a substantial increase in awareness about sexual health and the importance of safe sex practices. Educational campaigns and initiatives worldwide have played a crucial role in disseminating information about sexually transmitted infections (STIs) and unwanted pregnancies. As a result, individuals are becoming more conscious of the need for protection, boosting the demand for condoms.
• Improved access to contraceptives, including condoms, has been a significant driver of market growth. Governments, NGOs, and healthcare organizations have been actively involved in distributing condoms in various regions, especially in developing countries where access to contraceptives may have been limited in the past.

Condom Market Trend Analysis

Customization and Personalization

• Traditionally, condoms came in a standard size, which may not have been comfortable for everyone. However, with advancements in technology and manufacturing processes, companies are now able to offer condoms in a range of sizes. This allows consumers to find a better fit, enhancing comfort and ultimately promoting consistent usage. ​

• Materials represent another customizable element. Some individuals may have allergies or sensitivities to certain materials, prompting the demand for hypoallergenic options. Customization enables manufacturers to offer condoms made from different materials such as latex, polyurethane, or polyisoprene, catering to a wider audience with varying needs. ​
• Cultural sensitivity is another aspect of personalization. Different cultures may have specific preferences or taboos when it comes to sexual health products. Companies are increasingly recognizing the importance of acknowledging and respecting these cultural nuances by offering products that align with diverse cultural expectations. ​
• Packaging is another area where personalization is making a mark. Some companies allow customers to create custom designs or messages on condom wrappers, providing a more personal and intimate touch. This not only adds a fun element to the product but also allows users to express their creativity and individuality.

Global Population Growth

• As the global population expands, there is a growing awareness of the importance of family planning and responsible reproductive health practices. Governments, NGOs, and healthcare organizations are increasingly investing in educational campaigns to enlighten individuals about the benefits of contraception. Condoms, being one of the most accessible and affordable forms of contraception, stand to gain from this heightened awareness. As people become more informed about the advantages of family planning, the demand for contraceptives, including condoms, is likely to rise.
• The ongoing trend of urbanization is accompanied by significant shifts in lifestyle and social dynamics. Urban centers often witness delayed marriages and smaller family sizes due to career aspirations and economic considerations. In such environments, condoms emerge as a convenient and effective tool for family planning. The condom market stands to benefit from the changing demographics and evolving societal norms, where individuals increasingly seek control over their reproductive choices.
• The condom market has evolved beyond its conventional role, with manufacturers increasingly focusing on innovation and product diversification. From ultra-thin condoms to those designed for specific preferences, the industry is adapting to consumer needs. This commitment to innovation positions the condom market to cater to a diverse and expanding global population. Meeting the demands of different demographics and preferences ensures sustained growth for the industry.

Condom Market Segment Analysis:

Condom Market Segmented on the basis of material type, product type, end-users, and Distribution Channels.

By Material Type, Latex segment is expected to dominate the market during the forecast period

• Latex condoms are highly popular due to their effectiveness in preventing both unwanted pregnancies and sexually transmitted infections (STIs). Latex provides a strong and durable barrier, ensuring reliable protection during sexual activity. Additionally, latex condoms are widely available and relatively affordable, contributing to their widespread use. Moreover, latex is a versatile material that allows for the production of various condom types, including textured, flavored, and ultra-thin options, catering to diverse consumer preferences. The material's flexibility and elasticity enhance user comfort, promoting consistent usage.

By Product Type, Male Condoms segment held the largest share of 75.2% in 2022

• There is an increasing awareness of the importance of safe and responsible sexual practices among men. As societal attitudes towards sexual health evolve, men are becoming more proactive in taking charge of their well-being, leading to a rise in the demand for male-oriented contraceptive products. Additionally, the expansion of the men's product segment can be linked to a broader cultural shift towards inclusivity and gender equality. Men are now more involved in family planning decisions, encouraging the development and marketing of condoms tailored to their preferences and needs. The industry has witnessed advancements such as ultra-thin condoms, textured surfaces, and novel packaging, contributing to the overall growth of the men's product segment within the condom market. As a result, this evolution aligns with changing societal norms, promoting safer and more enjoyable sexual experiences for men.

Condom Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period

• The market is dominated by Asia-Pacific. The rise in the adoption rates of contraceptive products in the majority of the developing countries of the region is boosting the condom market in the Asia-Pacific region. Growing awareness through government initiatives and comprehensive sex education programs to reduce the prevalence of sexually transmitted diseases are driving the market growth across the region.
• The US condom market is highly influenced by the rising demand for premium condoms. Additionally, the growth in sales of sexual wellness products in this region is likely to support the growth of the condom market during the forecast period
• In Europe, the Rise in sexually transmitted diseases, increased government and nongovernmental efforts, product innovation, and sturdy and robust distribution channels contributed to the condom market's growth in the region. It is anticipated to continue in the projected period.

Condom Market Top Key Players:

• Durex (United Kingdom)
• Trojan (United States)
• Okamoto (Japan)
• Lifestyles Healthcare (Australia)
• Karex Berhad (Malaysia)
• Church & Dwight Co., Inc. (United States)
• Ansell Limited (Australia)
• Sagami Rubber Industries Co., Ltd. (Japan)
• Glyde Health (Australia)
• Sir Richard's Condom Company (United States)
• The Female Health Company (United States)
• Reckitt Benckiser Group plc (United Kingdom)
• Mayer Laboratories, Inc. (United States)
• Fuji Latex Co., Ltd. (Japan)
• HLL Lifecare Limited (India)
• Thai Nippon Rubber Industry Co., Ltd. (Thailand)
• Sagami Rubber Industries Co., Ltd. (Japan)
• Humanwell Healthcare (China)
• Mankind Pharma (India)
• Medtech Products Inc. (United States)
• Vizag Chemical Works (India)
• Cupid Limited (India)
• Shandong Geamay Latex Technology Co., Ltd. (China)
• Shandong Ming Yuan Latex Co., Ltd. (China)
• Unidus Corporation (South Korea)

Key Industry Developments in the Condom Market:

• In February 2023 - Church & Dwight (Trojan) acquired INTIMINA, this strategic move expands Church & Dwight's reach in the female pleasure products market, complementing their existing condom portfolio under the Trojan brand. INTIMINA's diverse range of vibrators, lubricants, and other products opens new avenues for growth and caters to a wider audience.
• In May 2023 - Carex acquired ONE Condoms, this acquisition strengthened Carex's position in the premium condom segment. ONE Condom is known for its innovative designs and focus on sustainability, aligning well with Carex's commitment to ethical sourcing and eco-friendly practices.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. CONDOM MARKET BY MATERIAL TYPE (2016-2030)
   1. CONDOM MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. LATEX
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. NON-LATEX
7. CONDOM MARKET BY PRODUCT TYPE (2016-2030)
   1. CONDOM MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. MALE CONDOMS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. FEMALE CONDOMS
8. CONDOM MARKET BY END-USER (2016-2030)
   1. CONDOM MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. MEN
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. WOMEN
9. CONDOM MARKET BY DISTRIBUTION CHANNEL (2016-2030)
   1. CONDOM MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. PHARMACIES & DRUG STORES
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. HYPERMARKETS/ SUPERMARKETS
   5. CONVENIENCE STORE
10. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
       1. Competitive Positioning
       2. CONDOM Market Share By Manufacturer (2022)
       3. Industry BCG Matrix
       4. Heat Map Analysis
       5. Mergers & Acquisitions
    2. DUREX (UNITED KINGDOM)
       1. Company Overview
       2. Key Executives
       3. Company Snapshot
       4. Role of the Company in the Market
       5. Sustainability and Social Responsibility
       6. Operating Business Segments
       7. Product Portfolio
       8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
       9. Key Strategic Moves And Recent Developments
       10. SWOT Analysis
    3. TROJAN (UNITED STATES)
    4. OKAMOTO (JAPAN)
    5. LIFESTYLES HEALTHCARE (AUSTRALIA)
    6. KAREX BERHAD (MALAYSIA)
    7. CHURCH & DWIGHT CO., INC. (UNITED STATES)
    8. ANSELL LIMITED (AUSTRALIA)
    9. SAGAMI RUBBER INDUSTRIES CO., LTD. (JAPAN)
    10. GLYDE HEALTH (AUSTRALIA)
    11. SIR RICHARD'S CONDOM COMPANY (UNITED STATES)
    12. THE FEMALE HEALTH COMPANY (UNITED STATES)
    13. RECKITT BENCKISER GROUP PLC (UNITED KINGDOM)
    14. MAYER LABORATORIES, INC. (UNITED STATES)
    15. FUJI LATEX CO., LTD. (JAPAN)
    16. HLL LIFECARE LIMITED (INDIA)
    17. THAI NIPPON RUBBER INDUSTRY CO., LTD. (THAILAND)
    18. SAGAMI RUBBER INDUSTRIES CO., LTD. (JAPAN)
    19. HUMANWELL HEALTHCARE (CHINA)
    20. MANKIND PHARMA (INDIA)
    21. MEDTECH PRODUCTS INC. (UNITED STATES)
    22. VIZAG CHEMICAL WORKS (INDIA)
    23. CUPID LIMITED (INDIA)
    24. SHANDONG GEAMAY LATEX TECHNOLOGY CO., LTD. (CHINA)
    25. SHANDONG MING YUAN LATEX CO., LTD. (CHINA)
    26. UNIDUS CORPORATION (SOUTH KOREA)
11. GLOBAL CONDOM MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Material Type
       4. Historic And Forecasted Market Size By Product Type
       5. Historic And Forecasted Market Size By End-User
       6. Historic And Forecasted Market Size By Distribution Channels
       7. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
12. INVESTMENT ANALYSIS
13. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies