Condoms are worn to prevent pregnancy and STDs. There are male condoms and female condoms. Male condoms are flexible sheaths worn over the penis. Female condoms are disposable covers made of nitrile. Women use these before and during sexual intercourse to prevent direct genital contact and the exchange of bodily fluids to avoid pregnancy, STDs, and STIs. A few examples of female condoms are FC2, Origami Female Condom, and Cupid's Female Condom. Likewise, Trojan, Beyond Seven, Durex, LifeStyles, and Pleasure Plus are some male condom brands.
Technavio’s analysts forecast the global condom market to grow at a CAGR of 10.03% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global condom market for 2016-2020. To calculate the market size, the report considers the revenue generated from from retail sales of condoms through mass merchandisers, drugstores, online stores, and others.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Condom Market 2016-2020
Technavio recognizes the following companies as the key players in the global condom market: Ansell, Church & Dwight, Reckitt Benckiser, Sir Richard, and FHC
Other Prominent Vendors in the market are: B Holding Group, Caution Wear, Coripa Condoms, Cupid Limited, GLYDE AMERICA, Graphic Armor, Grove Medical, IBI Synergy, Innolatex, IXu, Japan Long-Tie (China), Karex Berhad, Lelo (Indiegogo), L. International, Line One Laboratories, Mayer Laboratories, NüVo Condoms, Okamoto USA, ONE, Origami Healthcare Products, Playboy, Powell Development Group, RFSU, Sagami Rubber Industries, Shandong Ming Yuan Latex, StaySafe Condoms, Sustain Condoms, and Unique Condoms
Commenting on the report, an analyst from Technavio’s team said: “The market has witnessed a rising popularity of female condoms in recent times. In developed countries, women are experimenting with condoms, thereby creating a demand for such products in the country. In the US, government officials gave away 200,000 female condoms at convenience stores, beauty salons, and clinics for its DC program. The Washington DC district initiated the program to curb the rising HIV rates in the area by giving away free female condoms. It trained peers to make it more comfortable for women to talk about sexual health. It was successful in achieving high acceptance rates for female condoms on a large scale.”
According to the report, in the contraceptive market, around 99% of women aged 15-44, who have had sexual intercourse, have utilized at least one contraceptive method. The use of birth control pills is very effective, but it comes with its side-effects. It leads to weight gain, blood clots, mood disorders, and other significant issues such as nausea, headache, breast tenderness, or spotting during the menstrual cycle. Users have also reported depression or mood swings, which further leads to a reduction in sex drive among users. The pills curb the hormone production in the ovaries and also raises the level of sex hormone binding globulin. A 2006 study conducted by the Boston University had found that the change in libido lasted for months after women stopped taking the pills. Thus, more and more female buyers are adopting female condoms rather than contraceptive pills.
Further, the report states that public attitude toward sex differs from country to country, and the brands need to customize their messages on a local scale. Some people believe using condoms makes sex less pleasurable and believe STIs will not happen to them. Such consumers need to be empowered through education to make use of contraception methods. The ‘When It’s On, It’s On’ campaign by Durex features groups of women and men discussing safe sex and the misconceptions regarding the same.
Ansell, Church & Dwight, Reckitt Benckiser, Sir Richard, FHC, B Holding Group, Caution Wear, Coripa Condoms, Cupid Limited, GLYDE AMERICA, Graphic Armor, Grove Medical, IBI Synergy, Innolatex, IXu, Japan Long-Tie (China), Karex Berhad, Lelo (Indiegogo), L. International, Line One Laboratories, Mayer Laboratories, NüVo Condoms, Okamoto USA, ONE, Origami Healthcare Products, Playboy, Powell Development Group, RFSU, Sagami Rubber Industries, Shandong Ming Yuan Latex, StaySafe Condoms, Sustain Condoms, Unique Condoms.
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