Female Sex Toys Market by Distribution Channel and Geography - Global Forecast and Analysis 2019-2023
Global Female Sex Toys Market: About this market
Technavio’s female sex toys market analysis considers sales from retail outlets and specialty stores and online stores. Our analysis also considers the sales of female sex toys in APAC, Europe, North America, South America, and MEA. In 2018, the retail outlets and specialty stores segment had a significant market share, and this trend is expected to change with an improvement in online stores over the forecast period. Factors such as discount deals offered online will play a significant role in the online stores' segment to improve its market position. Also, our global female sex toys market report looks at factors such as new product launches, increasing number of sexual wellness initiatives and crowdfunding campaigns, growing demand for remote-controlled female sex toys. However, uncertainties in the presence of stringent regulations, lack of advertising opportunities for sex toys, and availability of counterfeit products may hamper the growth of the female sex toys industry over the forecast period.
Global Female Sex Toys Market: Overview
An increasing number of sexual wellness initiatives and crowdfunding campaigns
The initiatives undertaken by various companies and organizations aim to promote awareness about the importance of sexual health using female sex toys. Sexual health includes the avoidance of diseases and transmission of infections. The campaigns arranged by organizations mainly focuses on encouraging people to practice safe sex. This will lead to the expansion of the global female sex toys market at a CAGR of over 11% during the forecast period.
Growing preference for customized female sex toys
The customized versions of female sex toys address the unique needs of end-users. This has led the vendors to start offering customized and custom-made products due to the expectations related to the performance and durability of female sex toys and their need for various functions. This development is expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global female sex toys market during the forecast period 2019-2023, click here.
With the presence of several major players, the global female sex toys market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading female sex toys manufacturers, that BMS Factory, California Exotic Novelties LLC, Church & Dwight Co. Inc., LELOi AB, Reckitt Benckiser Group Plc.
Also, the female sex toys market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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