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Condom Market by Material, Distribution Channel, and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 151
  • SKU: IRTNTR40747
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The condom market share is expected to increase by USD 4.03 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 9.31%.

This market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by distribution channel (offline and online), material (latex and non-latex), and geography (APAC, Europe, North America, Middle East and Africa, and South America). The market report also offers information on several market vendors, including Adloran GmbH, B Holding Group LLC, Caution Wear Corp., Church and Dwight Co. Inc., Cupid Ltd., Fuji Latex Co. Ltd., Global Protection Corp., Grove Collaborative Inc., HLL Lifecare Ltd., Karex Berhad, LELOi AB, LifeStyles Healthcare Pte. Ltd., Mayer Laboratories Inc., Okamoto Industries Inc., Panacea Biotec Ltd., Reckitt Benckiser Group PLC, Redcliffe Hygiene Pvt Ltd., Renfu Pharmaceutical Group Co. Ltd., StaySafe Condoms, Thai Nippon Rubber Industry Co. Ltd., Veru Inc., and Ansell Ltd. among others.

What will the Condom Market Size be During the Forecast Period?

Condom Market Size

Download Report Sample to Unlock the Market Size for the Forecast Period and Other Important Statistics

 

Condom Market: Key Drivers, Trends, and Challenges

The high growth of e-commerce platforms is notably driving the market growth, although factors such as the side effects of using condoms may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the condom industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Condom Market Driver

One of the key factors driving growth in the market is the high growth of e-commerce platforms. The online channel imparts increased visibility to a wide portfolio of products offered by vendors. The success of online retailing can be attributed to increased customer reach and reduction in inventory management costs. Although the online segment accounts for a lower share of the global market, it is expected to witness faster growth when compared with the offline segment during the forecast period. Increased Internet connectivity, growing adoption of mobile Internet devices, and rising consumer awareness have contributed to the growth of the global market through the online channel. The growing popularity of online shopping and consumer trust in online sales, along with fast-shipping services, has led to the high growth of condom sales through online platforms. Therefore, the availability of a wide range of condoms through online channels provides convenience to consumers, which is expected to drive the growth of the market.

Key Condom Market Trend

Product premiumization due to product innovation and portfolio extension is a market trend that is expected to have a positive impact in the coming years. The growing demand for condoms from both male and female consumers and rising competition in the market have led vendors to focus actively on improving their R&D operations. They are also focusing on differentiating themselves from their competitors by offering condoms with different flavours, sizes, textures, and materials. Vendors regularly innovate their product ranges and expand their product lines to meet customer needs. The frequent introduction of non-latex condoms by industry participants is expanding the market availability of the product. Heavy spending on advertisements by vendors is positively driving the growth of the market, specifically in the premium segment. Various promotional activities are conducted to create curiosity among individuals to experiment with advanced condoms. During Valentine’s day, Church and Dwight place advertisements on cabs and offer free rides and quizzes about sexual health, creating a huge buzz in the market.

Key Condom Market Challenge

The side effects of using condoms will be a major challenge for the market during the forecast period. The use of condoms may result in serious health issues such as allergic reactions to genitals (majorly latex condoms) and STIs (due to the use of non-latex condoms such as polyisoprene, lambskin, and nitrile condoms). The vaginal tissue is the sensitive and most absorptive part of the body. Hence, the presence of hormone-disrupting and other toxic chemicals, owing to the addition of flavours and lubricants to condoms, may create issues such as skin infections in genital areas, which poses a major challenge to the sales of these products and, subsequently, to the market growth. Latex condoms may trigger skin allergies on the genitals, such as rashes, hives, and in severe cases, tightening of the airways and loss of blood pressure. Such factors pose a major challenge to sexual wellness products, including condoms, which will hamper the growth of the market.

This market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global market as a part of the global personal products market within the global household and personal products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market during the forecast period.

Who are the Major Condom Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Adloran GmbH
  • B Holding Group LLC
  • Caution Wear Corp.
  • Church and Dwight Co. Inc.
  • Cupid Ltd.
  • Fuji Latex Co. Ltd.
  • Global Protection Corp.
  • Grove Collaborative Inc.
  • HLL Lifecare Ltd.
  • Karex Berhad
  • LELOi AB
  • LifeStyles Healthcare Pte. Ltd.
  • Mayer Laboratories Inc.
  • Okamoto Industries Inc.
  • Panacea Biotec Ltd.
  • Reckitt Benckiser Group PLC
  • Redcliffe Hygiene Pvt Ltd.
  • Renfu Pharmaceutical Group Co. Ltd.
  • StaySafe Condoms
  • Thai Nippon Rubber Industry Co. Ltd.
  • Veru Inc.
  • Ansell Ltd.

 

This statistical study of the market encompasses successful business strategies deployed by the key vendors. The market is fragmented and the vendors are deploying growth strategies such as focusing on expanding their network and distributing their products in different regions by approaching pharmacies, speciality stores, and hospitals and investing in developing innovative and novel products to compete in the market.

Product Insights and News

  • Ansell Ltd. - Ansell Ltd. is a public company headquartered in Australia. It is a global company generating $2,027 million in revenues and has around 14,159 employees. Its revenue from the global market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. 
  • Ansell Ltd. - The company offers condom that includes Ultra THYN, KYNG, Everlast Intense, BareBack, Ultra Studded, Ultra Ribbed, and Turbo. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Condom Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Condom Market?

Condom Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

44% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for condoms in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The rising awareness among people about the benefits of condoms, availability of a wide range of products, and consumption of premium products will facilitate the market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The rise in the number of COVID-19 cases in APAC led to the implementation of nationwide lockdowns across countries such as India, China, Malaysia, and Singapore in 2020. However, owing to the COVID-19 pandemic, the sales of condoms increased significantly in APAC. For instance, in India, the demand for condoms increased by more than 60% in 2020, and the market is expected to grow further during the forecast period. 

What are the Revenue-generating Distribution Channel Segments in the Condom Market?

Condom Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The market share growth by the offline segment will be significant during the forecast period. This segment will grow at a steady rate due to the rising consumer awareness of condoms and other contraceptive methods, owing to the increasing awareness about STDs and the availability of a wide range and brands of condoms in these stores. The merchandisers are coming up with a variety of sexual wellness categories, including condoms, contraceptives, personal lubricants, vibrators, and sexual enhancement supplements. Merchandizers are expanding their stores in the local and regional markets to fuel their sales through offline channels. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the market size and actionable market insights on post COVID-19 impact on each segment.

 

Condom Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 9.31%

Market growth 2022-2026

$ 4.03 billion

Market structure

Fragmented

YoY growth (%)

8.52

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 44%

Key consumer countries

US, China, India, Japan, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Adloran GmbH, B Holding Group LLC, Caution Wear Corp., Church and Dwight Co. Inc., Cupid Ltd., Fuji Latex Co. Ltd., Global Protection Corp., Grove Collaborative Inc., HLL Lifecare Ltd., Karex Berhad, LELOi AB, LifeStyles Healthcare Pte. Ltd., Mayer Laboratories Inc., Okamoto Industries Inc., Panacea Biotec Ltd., Reckitt Benckiser Group PLC, Redcliffe Hygiene Pvt Ltd., Renfu Pharmaceutical Group Co. Ltd., StaySafe Condoms, Thai Nippon Rubber Industry Co. Ltd., Veru Inc., and Ansell Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Condom Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive market growth during the next five years
  • Precise estimation of the market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behaviour
  • The growth of the condom industry across APAC, Europe, North America, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Material
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

  • 5.1 Market segments
    • Exhibit 25: Chart on Distribution Channel - Market share 2021-2026 (%)
    • Exhibit 26: Data Table on Distribution Channel - Market share 2021-2026 (%)
  • 5.2 Comparison by Distribution Channel
    • Exhibit 27: Chart on Comparison by Distribution Channel
    • Exhibit 28: Data Table on Comparison by Distribution Channel
  • 5.3 Offline - Market size and forecast 2021-2026
    • Exhibit 29: Chart on Offline - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
    • Exhibit 31: Chart on Offline - Year-over-year growth 2021-2026 (%)
    • Exhibit 32: Data Table on Offline - Year-over-year growth 2021-2026 (%)
  • 5.4 Online - Market size and forecast 2021-2026
    • Exhibit 33: Chart on Online - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Data Table on Online - Market size and forecast 2021-2026 ($ million)
    • Exhibit 35: Chart on Online - Year-over-year growth 2021-2026 (%)
    • Exhibit 36: Data Table on Online - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Distribution Channel
    • Exhibit 37: Market opportunity by Distribution Channel ($ million)

6 Market Segmentation by Material

  • 6.1 Market segments
    • Exhibit 38: Chart on Material - Market share 2021-2026 (%)
    • Exhibit 39: Data Table on Material - Market share 2021-2026 (%)
  • 6.2 Comparison by Material
    • Exhibit 40: Chart on Comparison by Material
    • Exhibit 41: Data Table on Comparison by Material
  • 6.3 Latex - Market size and forecast 2021-2026
    • Exhibit 42: Chart on Latex - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on Latex - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on Latex - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on Latex - Year-over-year growth 2021-2026 (%)
  • 6.4 Non-latex - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Non-latex - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Non-latex - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Non-latex - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Non-latex - Year-over-year growth 2021-2026 (%)
  • 6.5 Market opportunity by Material
    • Exhibit 50: Market opportunity by Material ($ million)

7 Customer Landscape

  • 7.1 Customer landscape overview
    • Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

  • 8.1 Geographic segmentation
    • Exhibit 52: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 53: Data Table on Market share by geography 2021-2026 (%)
  • 8.2 Geographic comparison
    • Exhibit 54: Chart on Geographic comparison
    • Exhibit 55: Data Table on Geographic comparison
  • 8.3 APAC - Market size and forecast 2021-2026
    • Exhibit 56: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 57: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 58: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 59: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 8.4 Europe - Market size and forecast 2021-2026
    • Exhibit 60: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 61: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 62: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 63: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 8.5 North America - Market size and forecast 2021-2026
    • Exhibit 64: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 65: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 66: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 67: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 8.6 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 68: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 69: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 70: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 71: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 8.7 South America - Market size and forecast 2021-2026
    • Exhibit 72: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 73: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 74: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 75: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 8.8 US - Market size and forecast 2021-2026
    • Exhibit 76: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 77: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 78: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 79: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 8.9 China - Market size and forecast 2021-2026
    • Exhibit 80: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 81: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 82: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 83: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 8.10 India - Market size and forecast 2021-2026
    • Exhibit 84: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 85: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 86: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 87: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 8.11 Japan - Market size and forecast 2021-2026
    • Exhibit 88: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 89: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 90: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 91: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 8.12 UK - Market size and forecast 2021-2026
    • Exhibit 92: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 93: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 94: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 95: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 8.13 Market opportunity by geography
    • Exhibit 96: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
  • 9.3 Impact of drivers and challenges
    • Exhibit 97: Impact of drivers and challenges in 2021 and 2026
  • 9.4 Market trends

10 Vendor Landscape

  • 10.1 Overview
  • 10.2 Vendor landscape
    • Exhibit 98: Overview on Criticality of inputs and Factors of differentiation
  • 10.3 Landscape disruption
    • Exhibit 99: Overview on factors of disruption
  • 10.4 Industry risks
    • Exhibit 100: Impact of key risks on business

11 Vendor Analysis

  • 11.1 Vendors covered
    • Exhibit 101: Vendors covered
  • 11.2 Market positioning of vendors
    • Exhibit 102: Matrix on vendor position and classification
  • 11.3 Ansell Ltd.
    • Exhibit 103: Ansell Ltd. - Overview
    • Exhibit 104: Ansell Ltd. - Business segments
    • Exhibit 105: Ansell Ltd. - Key news
    • Exhibit 106: Ansell Ltd. - Key offerings
    • Exhibit 107: Ansell Ltd. - Segment focus
  • 11.4 Church and Dwight Co. Inc.
    • Exhibit 108: Church and Dwight Co. Inc. - Overview
    • Exhibit 109: Church and Dwight Co. Inc. - Business segments
    • Exhibit 110: Church and Dwight Co. Inc. - Key news
    • Exhibit 111: Church and Dwight Co. Inc. - Key offerings
    • Exhibit 112: Church and Dwight Co. Inc. - Segment focus
  • 11.5 Fuji Latex Co. Ltd.
    • Exhibit 113: Fuji Latex Co. Ltd. - Overview
    • Exhibit 114: Fuji Latex Co. Ltd. - Product / Service
    • Exhibit 115: Fuji Latex Co. Ltd. - Key offerings
  • 11.6 Karex Berhad
    • Exhibit 116: Karex Berhad - Overview
    • Exhibit 117: Karex Berhad - Business segments
    • Exhibit 118: Karex Berhad - Key news
    • Exhibit 119: Karex Berhad - Key offerings
    • Exhibit 120: Karex Berhad - Segment focus
  • 11.7 LELOi AB
    • Exhibit 121: LELOi AB - Overview
    • Exhibit 122: LELOi AB - Product / Service
    • Exhibit 123: LELOi AB - Key offerings
  • 11.8 LifeStyles Healthcare Pte. Ltd.
    • Exhibit 124: LifeStyles Healthcare Pte. Ltd. - Overview
    • Exhibit 125: LifeStyles Healthcare Pte. Ltd. - Product / Service
    • Exhibit 126: LifeStyles Healthcare Pte. Ltd. - Key offerings
  • 11.9 Okamoto Industries Inc.
    • Exhibit 127: Okamoto Industries Inc. - Overview
    • Exhibit 128: Okamoto Industries Inc. - Business segments
    • Exhibit 129: Okamoto Industries Inc. - Key offerings
    • Exhibit 130: Okamoto Industries Inc. - Segment focus
  • 11.10 Panacea Biotec Ltd.
    • Exhibit 131: Panacea Biotec Ltd. - Overview
    • Exhibit 132: Panacea Biotec Ltd. - Product / Service
    • Exhibit 133: Panacea Biotec Ltd. - Key offerings
  • 11.11 Reckitt Benckiser Group PLC
    • Exhibit 134: Reckitt Benckiser Group PLC - Overview
    • Exhibit 135: Reckitt Benckiser Group PLC - Business segments
    • Exhibit 136: Reckitt Benckiser Group PLC - Key offerings
    • Exhibit 137: Reckitt Benckiser Group PLC - Segment focus
  • 11.12 Renfu Pharmaceutical Group Co. Ltd.
    • Exhibit 138: Renfu Pharmaceutical Group Co. Ltd. - Overview
    • Exhibit 139: Renfu Pharmaceutical Group Co. Ltd. - Product / Service
    • Exhibit 140: Renfu Pharmaceutical Group Co. Ltd. - Key offerings

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Inclusions and exclusions checklist
    • Exhibit 141: Inclusions checklist
    • Exhibit 142: Exclusions checklist
  • 12.3 Currency conversion rates for US$
    • Exhibit 143: Currency conversion rates for US$
  • 12.4 Research methodology
    • Exhibit 144: Research methodology
    • Exhibit 145: Validation techniques employed for market sizing
    • Exhibit 146: Information sources
  • 12.5 List of abbreviations
    • Exhibit 147: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Condom Market market growth will increase by $4.03 bn during 2022-2026.
The condom market market is expected to grow at a CAGR of 9.31% during 2022-2026.
Technavio has segmented the condom market market by distribution channel (Offline and Online) ,material (Latex and Non-latex) , and geography (APAC, Europe, North America, Middle East and Africa, and South America).
Adloran GmbH, B Holding Group LLC, Caution Wear Corp., Church and Dwight Co. Inc., Cupid Ltd., Fuji Latex Co. Ltd., Global Protection Corp., Grove Collaborative Inc., HLL Lifecare Ltd., Karex Berhad, LELOi AB, LifeStyles Healthcare Pte. Ltd., Mayer Laboratories Inc., Okamoto Industries Inc., Panacea Biotec Ltd., Reckitt Benckiser Group PLC, Redcliffe Hygiene Pvt Ltd., Renfu Pharmaceutical Group Co. Ltd., StaySafe Condoms, Thai Nippon Rubber Industry Co. Ltd., Veru Inc., Ansell Ltd. are a few of the key vendors in the condom market market.
APAC will register the highest growth rate of 44% among the other regions. Therefore, the condom market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the condom market market growth are:
  • High growth of e-commerce platforms
  • Product premiumization due to product innovation and portfolio extension
The condom market market vendors should focus on grabbing business opportunities from the offline segment as it accounted for the largest market share in the base year.
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