Health and Wellness
Outlook of the global disposable undergarments market
The global market for disposable undergarments is estimated to witness moderate growth and will post a CAGR of almost 6% by 2020. The expanding application of disposable undergarments is one of the key factors influencing this market’s growth prospects across the globe. Post the invention and commercial introduction of disposable undergarment, the applications of the products have been fast expanding. Their applications across different sectors or industries provide an opportunity for new orders for disposable undergarments as its awareness will educate people about the ease of use and hygiene these products offer. Benefits such as their ability to eliminate the need for repacking dirty underwear, bring about cost saving opportunities, and its usefulness in maternity care and for patients requiring extended medical stay will result in its increasing adoption during the forecasted period.
The emergence of 3D printing in the disposable undergarment market is another crucial factor responsible for this market’s growth over the forecast period. The advent of 3D printing technology has allowed the industry to offer personalization capacities, which can be a key influencer for the consumption of disposable undergarments. The rapid development of 3D printing technologies has also allowed users to 3D print several units of undergarment at the same time. For instance, Tamicare, a provider of textiles based in England, has 3D printers worth USD 3 million each that can produce more than 10 million disposable and biodegradable panties annually. Tamicare’s 3D printing system can manufacture "Cosyflex," a stretchy and biodegradable fabric, which is considered a vital innovation in the global disposable undergarment market.
Competitive landscape and key vendors
Overview of the global personal lubricant market
The global personal lubricant market is anticipated to grow at a steady rate and will post a CAGR of 7% during the forecast period. The increasing popularity of e-commerce will drive the growth prospects for the global personal lubricant market during the forecast period. The supply and expansion of personal lubricant products are increasing with the rapid growth of e-commerce industry. Various factors such as attractive websites, rich content, and search engine optimization-based marketing, the e-commerce have revolutionized the purchase pattern of consumers. The online websites, provide better information, customer engagement, insights, knowledge of factors influencing purchase decisions, and promotional schemes that impact the consumer behavior. Since the consumers also look for anonymity, privacy, and convenience, the frequency of online shopping is increasing on a global level. Another factor that drives the market’s growth is the growing use of smartphones that boosts the sale of personal lubricants through the e-commerce platform.
In 2015, the market was led by APAC due to the presence of a large customer base in countries such as India, China, Japan, Singapore, Indonesia, and Thailand. During the forecast period, the APAC region will continue to dominate the market due to the increasing customer acceptance and availability of the product online. Furthermore, the high internet penetration is also responsible for the increasing demand for sexual wellness products in these countries.
Competitive landscape and key vendors
The global personal lubricant market is highly competitive due to the presence of diversified international and regional vendors. The regional vendors are finding it difficult to compete against the international vendors based on the factors such as the quality, pricing, market reach, and financial
Overview of the erection ring market
Extensive research carried out by the analysts at Technavio has shown that the global erection ring market is anticipated to witness impressive growth and will post a CAGR of more than 7% during the forecast period. In the recent years, erection rings have been getting mainstream exposure mainly due to the Internet and media exposure. This has garnered a lot of attention and is influencing consumers to experiment with the product to enhance their sexual experiences. Several popular movies including Fifty Shades of Grey is one of the examples that significantly boosted the demand for erection rings and other sexual wellness products. Through this movie, several people became more aware of erection rings. This franchise not only changed the perception of people toward sex toys but also created a mass appeal for these products. With the upcoming movies from the Fifty Shades franchise and the increasing mention of sex toys in fiction novels and movies will lead to the augmented adoption of erection rings in the coming years.
There has been a considerable increase in awareness of premature ejaculation among patients and physicians. Although erection rings are not technically a treatment for premature ejaculation, they are popularly used to prolong sexual intercourse by continuing penetration even after reaching orgasm. Moreover, initiatives are undertaken by several healthcare organizations related to premature ejaculation, which will propel this market’s growth. For instance, PE Awareness is a
Overview of the polyurethane condom market
Technavio’s market research analysts have predicted that the global polyurethane condom market will witness steady growth at a CAGR of nearly 6% over the forecast period. With people becoming more sexually empowered owing to increased awareness and supportive environment, they are more keen on experimenting with their sexual experiences. The society is evolving to a state where the use of sexual wellness products is becoming increasingly popular and socially acceptable. The younger generation is seeking ways to enhance their sexual experience and one of the cost-effective alternatives is the polyurethane condoms. Users not only like the feel and appearance of these condoms, but they also like the fact that these condoms transmit heat better which greatly enhances the pleasure quotient. The emergence of polyurethane condoms in the market has propelled the consumer’s curiosity and with the increasing adoption of these condoms, the market is likely to have a positive impact over the next four years.
The rapid growth of e-commerce is one of the significant trends spurring this market’s growth prospects during the predicted period. Online shopping allows to customers to browse and order from a range of product offerings provided by the vendors through their online portals. It not only makes the shopping experience of buyers easier but also helps in brand retention and provides increased visibility. Moreover, as the vendors can sell their products online they are able to target a larger customer base, thereby leading higher revenue generation. Also, e-commerce
Overview of the global water-based personal lubricant market
Technavio’s market research analyst predicts the global water-based personal lubricant market to grow at a CAGR of almost 7% between 2016 and 2020. Growing awareness of the several benefits of personal lubricants such as ease of penetration and pleasurable masturbation have augmented the acceptance of these products among consumers. Water-based lubricants are primarily preferred during vaginal sex as they are easily available compared to other lubricants. Also, they are safe to use with latex condoms and are easy to wash off with soap and water. The prevalence of information through blogs, videos, and online forums for discussion is helping women explore and procure these products, which, in turn, is positively affecting the demand for sexual wellness products like personal lubricants. One of the latest developments in the market is the introduction of organic water-based lubricants, which contain natural ingredients and are free of petrochemicals, parabens, glycerin, and animal products. Such innovations in product offerings will not only improve the quality and enhance customer satisfaction but will also lead to more sales of water-based lubricants.
The growing visibility of sexual wellness products such as personal lubricants in the mainstream market has led to a noticeable shift in the consumer’s acceptance of these products. This has created huge growth opportunities for the vendors, who are retailing these products openly. Several retail channels like supermarkets, drugstores, and supercenters have come up with separate store shelves for personal lubricants, including water-based lubricants. Physical retail stores such as Walmart and Rite Aid, as well as e-commerce websites like Amazon and Walgreens, are providing a broad range of wet lubricant
Global market overview for condoms
According to Technavio’s market research analyst, the global condom market will exhibit steady growth and post an impressive CAGR of over 10% by 2020. Numerous side-effects associated with the use of birth control pills will act as a key driver for the growth of this market. It has been noted that around 99% of women aged between 15 to 44 years have utilized at least one contraceptive method. The use of birth control pills is very effective, but it comes with its own side-effects. Weight gain, blood clots, mood disorders, and other significant issues such as nausea, headache, breast tenderness, or spotting during the menstrual cycle are some of the side-effects associated with the use of birth control pills. Moreover, some users have also reported depression or mood swings, which further leads to a reduction in sex drive among users. Rising awareness about the numerous side-effects of birth control pills will result in the growing popularity of condoms among the end-users.
During 2015, APAC was the largest market for condoms due to the introduction of stringent initiatives by the local governments to curb the AIDS epidemic and the surge in population. However, by 2020, this region is envisaged to further enhance its hold over the market due to the fast-changing perception of people toward condoms. The APAC countries exhibit not only the highest consumption but also the highest production of a broad range of condom products. China and Japan are the largest markets for these products in APAC. Factors such as the rising online penetration and digitization are resulting in the strong market position of this region.
Competitive landscape and key vendors