Condom Market Regional Analysis:
APAC Market Insights
Asia Pacific industry is predicted to account for largest revenue share of 48% by 2035. Condom sales have increased in the region as a result of initiatives taken by the government to encourage safe sexual practices. Moreover, the Asia Pacific region has several regulatory guidelines for condoms to ensure their effectiveness, and safety. For instance, China, and India have their guidelines for condom distribution t0 prevent sexually transmitted diseases, and promote safe sex practices.
The national government of India has regulations about the production and distribution of condoms to encourage responsible sexual behavior and prevent STDs. In addition, there is a notable increase in the frequency of STIs, unsafe abortions, unintended pregnancies, HIV infection, and other STDs.
One of the biggest condom markets in the world is China. Availability of subsidized products and the growth of the middle class in recent years has made it easier for people to buy premium condoms from retail establishments. Popular condom brands like Okamoto, which has gained recognition among consumers in the medium- and high-price range, have benefited from the above-mentioned factors.
North America Market Insights
North America condom market is poised to register massive growth during the forecast period. The government's campaigns to promote safe sex practices and sexual health are boosting the demand for condoms. For example, the White House revised the HIV National Strategic Plan to eliminate HIV in the U.S. by raising public awareness and expanding access to HIV prevention services by 2030.
The growing demand for condoms among women, and the availability of flavored condoms are driving significant growth in the U.S. condom market. Moreover, both male and female condoms are available in the country, and they are made from various materials, with latex and non-latex being the most common types.
The demand for contraceptives has increased in Canada as a result of the relaxation of COVID-19 restrictions. This demand is also associated with a rise in social interaction and vaccination campaigns. The country’s high rate of unwanted pregnancies and rising STD prevalence present growth prospects for the condom industry.
