Condom Market Size, Share Global Analysis Report, , 2021 – 2026

Industry Insights

According to the report published by the Facts & Factors, global demand for the condom market was estimated at approximately USD 8,200.1 Million in 2020 and is expected to generate revenue of around USD 9,600.4 Million by the end of 2026, growing at a CAGR of around 7.1% between 2021 and 2026.

Market Overview

Condoms are a sheath-shaped barrier tool used in sexual intercourse to decrease the probability of pregnancy or a sexually transmitted infection (STI). In addition, there are both male and female condoms. Their use to a great extent reduces the possibility of chlamydia, gonorrhea, trichomoniasis,  HIV/AIDS, and hepatitis B and to a small extent, it also protects against syphilis, human papillomavirus (HPV), and genital herpes.

Industry Growth Factor

The increasing awareness about the use of condoms, the measures to reduce the spread of HIV and other STIs, and the accessibility of various types of condoms to go with consumer needs are major factors that are driving the global condom market growth. Moreover, the free distribution of condoms through government organizations is likely to propel market growth. The rising usage of condoms by young couples, sex workers, and the LGBTQ society is extensively reducing the public health concerns like HIV/AIDS, STDs, and population outbursts.

Furthermore, the proper and constant usage also facilitates avoiding the possibility of getting these conditions. In addition to that, the government in every country is undertaking initiatives to increase awareness and promote the usage of contraceptives in the young generation to control the outbreak of HIV and other STIs and also to avoid unplanned pregnancies. The free condom distribution by governments with the help of UNFPA and other organizations is projected to boost the usage of condoms in rural areas. Besides, the innovation in the condom market is showing the launch of a thin latex condom, exotic flavors, and several textures by numerous market players, propelling the market growth.

Segmentation Analysis

The global condom market is classified into type, product, sector, and distribution channel. Based on the type, the global condom market is segmented into natural condoms and synthetic condoms. The natural condoms are further sub-segmented into latex, lambskin. The synthetic condoms are sub-segmented into polyurethane, polyisoprene, nitrile.

On the basis of product, the global condom market is bifurcated into male condoms and female condoms. The global condom market based on the sector is divided into institutional and non-institutional. In terms of the distribution channel, the global condom market is separated into hypermarkets/supermarkets, convenience stores, pharmacies and drug stores, online retail stores, and others.

Report Scope

Regional Analysis

The region of Asia-Pacific is dominating the global condom market. China is one of the major markets in the condom industry. In the past years, the Chinese authorities have been likely to supply condoms either free of charge or at subsidized prices. Recently, the spreading out of the middle class is creating more opportunities for individuals to exercise personal freedom through purchasing superior condoms at high costs from retail stores. These factors are encouraging for popular condom brands like Okamoto, gaining brand recognition in the medium and high-price brackets. Other key factors propelling the regional market growth include the increasing demand in countries like India, Japan, and Australia due to the huge population, the rising prevalence of STDs and HIV, and the favorable government initiatives undertaken to control the population in the region.

The North American condom market is having the most of the revenue share in 2020 owing to the increase in the prevalence of HIV and the growing demand for female condoms in the United States. Moreover, the presence of key companies and the increased product launches in the region are set to influence regional market growth.

Furthermore, the Indian government in association with HLL Lifecare launched the Nirodh brand condoms intending, to offer dual protection from unwanted pregnancy as well as sexually transmitted infections (STI). This, in turn, is likely to fuel the growth of the condom market across the Asian region.

Also, Europe holds the second-largest market share, followed by North America. This is due to the rising demand by lesbians, sex workers, etc. The U.K., France, Germany, and Italy are the European countries with the highest market shares. The government initiatives being undertaken are promoting the use of contraceptives amongst the youth population to prevent the transmission of HIV in this region.

Competitive Players

Some prominent players driving in the global condom market include :

• Ansell Ltd.
• Reckitt Benckiser Group Plc.
• Okamoto Industries Inc.
• Caution wear
• Graphic Armor LLC.
• Karex Industries Sdn. Bhd.
• Church & Dwight Co. Inc.
• Fuji Latex Co. Ltd.
• HLL Life Care Ltd.
• Sagami Rubber Industries.
• B Holding Group LLC
• Mankind Pharma
• Humanwell Group & CITIC Capital
• Veru
• Cupid Limited
• Mayer

Moreover, these market players are implementing several growth strategies to prolong industry competition.

By Type Segment Analysis

• Natural Condom
  • Latex
  • Lambskin
• Synthetic Condoms
  • Polyurethane
  • Polyisoprene
  • Nitrile

By Product Segment Analysis

• Male Condom
• Female Condom

By Sector Segment Analysis

• Institutional
• Non-institutional

By Distribution Channel Segment Analysis

• Hypermarkets/Supermarkets
• Convenience Stores
• Pharmacies and Drug Stores
• Online Retail Stores
• Others

Regional Segment Analysis

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • France
  • Germany
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• The Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East Africa