Global Sex Toys Market 2023-2027
Technavio has been monitoring the sex toys market and is forecast to grow by USD 21046.4 mn during 2022-2027, accelerating at a CAGR of 11.18% during the forecast period. Our report on the sex toys market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing popularity of sex toys globally, rapid growth of e-commerce platforms selling sex toys, and growing demand for remote-controlled sex toys.
Technavio's sex toys market is segmented as below:
By Distribution Channel
- Online stores
- Retail outlets
- specialty stores
- Adult vibrators
- Erection rings
- Sex dolls and others
- North America
- South America
- Middle East and Africa
This study identifies the increasing exposure to sex toys as one of the prime reasons driving the sex toys market growth during the next few years. Also, growing awareness of health benefits of sex toys and rebranding and repositioning of sex toy industry will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the sex toys market covers the following areas:
- Sex toys market sizing
- Sex toys market forecast
- Sex toys market industry analysis
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 sex toys market vendors that include Adam and Eve Stores, Bad Dragon Enterprises Inc., Beate Uhse Group BV, BMS Factory, Church and Dwight Co. Inc., Cliq Ltd., Doc Johnson Enterprises, FUN FACTORY GmbH, JIMMYJANE, LELOi AB, Lovehoney Group Ltd., Luvu Brands Inc., Pipedream Products LLC, Reckitt Benckiser Group PLC, Rocks Off Ltd., Tantus Inc., TENGA Co. Ltd., The Aneros Co., VIBRATEX Inc., and WOW Tech International GmbH. Also, the 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 all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.