Sexual Wellness Market in the US 2017-2021
About Sexual Wellness
Sexual wellness widely refers to wellbeing related to sexuality. Products that enhance sexual health and experience include condoms, sensual lingerie, lubricants, sex toys, contraceptives, costumes, and enhancement supplements. These products enhance pleasure during intimacy. They are entering the mainstream media, and the market is getting bigger every year because of their growing acceptance.
Technavio’s analysts forecast the sexual wellness market in the US to grow at a CAGR of 9.47% during the period 2017-2021 .
Covered in this report
The report covers the present scenario and the growth prospects of the sexual wellness market in the US for 2017-2021 . To calculate the market size, the report considers the revenue generated from the sales of sexual wellness products in the market.Technavio's report, Sexual Wellness Market in the US 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Sexual Wellness Market in the US 2017-2021
Technavio recognizes the following companies as the key players in the sexual wellness market in the US: Ansell, Church & Dwight, Reckitt Benckiser, and Doc Johnson
Other Prominent Vendors in the market are: Adam & Eve, Ann Summers, BioFilm IP LLC, Bijoux Indiscrets, Calexotica novelties (California Exotic), Caya, Dame Products, Esculpta, EVOLVED NOVELTIES, Fuji Latex, Good Clean Love, GLYDE AMERICA, Intimate Earth, Jimmyjane, LELO, Luvu Brand (Liberator), Lovense, Lovehoney, Leading Edge Health, Lovelife Toys, Pjur, Pure Romance, Sagami Rubber Industries, TENGA, Trigg Laboratories, Veru (The Female Health Company), and The Yes Yes Company
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Emerging technological advances. Vendors in the sexual wellness market are increasingly relying on technological advances such as 3D printing, virtual reality (VR), and connected devices technologies to enhance the customer experience. 3D printing has led to huge costs savings for companies such as Dame Products, who have made prototypes of their Eva vibrators using this technology. The hands-free couples' vibrator, Eva, was designed by the company using in-house 3D printing to create numerous prototypes of the product and then select the best one in terms of performance.”
According to the report, one of the major drivers for this market is Growing LGBT population in country. A distinct population group in which individuals identify themselves in terms of their sexual orientation, specifically as lesbian, gay, bisexual, or transgender, is collectively referred as the LGBT population. In the US, this segment is a key part of the entire population, and they are of more significance for the sexual wellness market as they are the primary end-users of the several types of products sold in the market. In 2011, the first national data was emerged for the LGBT population in the US. The Williams Institute at the UCLA School of Law collated data from four national and two state-level surveys and approximated around eight million people belonged to LGBT community in 2011. However, in 2016, over 3.1% of the US population identified themselves as LGBT.
Further, the report states that one of the major factors hindering the growth of this market is Increase in side effects. Though sexual wellness products are being accepted increasingly, consumers are concerned about the side effects of these products. The raw materials and ingredients such as rubber, plastic, latex, and nitrile used in these products must be scrutinized as they come in direct contact with sensitive/intimate areas of the skin. This makes the skin more prone to reactions such as pain, irritation, numbness, and inflammation/swelling.
Ansell, Church & Dwight, Reckitt Benckiser, Doc Johnson, Adam & Eve, Ann Summers, BioFilm IP LLC, Bijoux Indiscrets, Calexotica novelties (California Exotic), Caya, Dame Products, Esculpta, EVOLVED NOVELTIES, Fuji Latex, Good Clean Love, GLYDE AMERICA, Intimate Earth, Jimmyjane, LELO, Luvu Brand (Liberator), Lovense, Lovehoney, Leading Edge Health, Lovelife Toys, Pjur, Pure Romance, Sagami Rubber Industries, TENGA, Trigg Laboratories, Veru (The Female Health Company), and The Yes Yes Company