Global Condom Market 2024–2033

As per the current market research conducted by the CMI Team, the global Condom Market is expected to record a CAGR of 8.6% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 12.8 Billion. By 2033, the valuation is anticipated to reach USD 26.01 Billion.

Condom Market: Overview

A condom is a barrier device with a sheath that is worn during sexual activity to lower the risk of getting an STI or becoming pregnant. There are two types of condoms: internal (female) and external (commonly known as male) condoms.

Before engaging in sexual activity, the external condom is rolled onto an erect penis. It functions by creating a physical barrier that restricts skin-to-skin contact, fluid exposure, and the entry of semen into a sexual partner’s body. The most popular materials used to make external condoms are latex and, less frequently, lamb intestine, polyurethane, or polyisoprene.

The benefits of external condoms include ease of use, accessibility, and few adverse effects. Condoms consisting of materials other than latex, such as polyurethane, are recommended for people with latex allergies. Usually composed of polyurethane, internal condoms can be used repeatedly.

The condom market is driven by the rising incidence of sexual transmission infections, increasing awareness among the population, increasing population and urbanization, favorable government initiatives, growing product innovation, expansion of distribution channels and others. However, the lack of awareness in underdeveloped regions and competition from alternative contraceptive methods act as a major restraint for the condom market growth.

• According to the United Nations Data, the world’s population is more than three times larger than it was in the mid-twentieth century. The global human population reached 8.0 billion in mid-November 2022 from an estimated 2.5 billion people in 1950, adding 1 billion people since 2010 and 2 billion since 1998.

• In 2022, WHO Member States set out an ambitious target of reducing the annual number of adult syphilis infections by ten-fold by 2030, from 7.1 million to 0.71 million. Yet, new syphilis cases among adults aged 15-49 years increased by over 1 million in 2022, reaching 8 million. The highest increases occurred in the Region for the Americas and the African Region.

Condom Market: Growth Factors

Rising focus on sexual wellness

Customers are more interested in sexual wellness and related products, such as condoms, as a result of the rising incidence of STDs and numerous government programs and campaigns. Like physical and mental health, sexual health and pleasure are equally crucial to merchants outside of lifestyle and traditional beauty companies.

According to the GST Law, condoms and other contraception are exempt from GST in developing nations like India. Another element driving the market’s growth is the growing lesbian, homosexual, bisexual, and transgender (LGBT) community brought on by more people coming out as gay or bisexual. There has been a noticeable rise in both male and female condom inventions in the market as more consumers disclose their sexual orientation.

Growth in the e-commerce sector

The main factor propelling the market is the rapid expansion of e-commerce platforms. The market has grown significantly in the last few years, and the internet sector has been essential to this development. Online platforms, such as dating apps and e-commerce websites, have grown in popularity as avenues for buying medical supplies like condoms.

Additionally, the expansion of the market has been aided by the benefits of online commerce, such as increased reach and lower inventory management expenses. Despite having a smaller market share, the online segment is expected to grow more quickly than the offline segment throughout the forecast period.

Increased consumer knowledge of sexual and reproductive health, the expanding usage of mobile Internet devices, and the general accessibility of Internet connectivity are some factors propelling this increase.

Condom Market: Recent Development

The condom industry adopted several strategies, including product launches, acquisitions, collaboration, expansion, etc. Some of the company strategies include:

• In May 2023, Sirona, the Indian personal hygiene brand, announced its acquisition of the sexual wellness brand Bleü, India’s first vegan condom brand. This also marks the brand’s foray into the fast-growing sexual wellness category in India.

• In March 2023, Durex, the world’s #1 sexual well-being brand, launched Durex Real Feel, a first-of-its-kind offering in the non-latex range of condoms. Real Feel is made of polyisoprene, softer than latex rubber and provides a skin-on-skin feeling to partners. With this launch, the brand aims to intensify and enhance sexual encounters between couples by offering a natural “skin” like feeling while being protected.

This product launch, expansion and collaboration strategies have expanded the company’s market presence in the condom industry and gained its competitive edge.

Condom Market: Challenge

Social stigma and privacy issues

Women’s sexual health has always been stigmatized, which makes buying sex-related products a source of embarrassment. With 25% of US women preferring someone else to buy their condoms, compared to 8% of men, the stigma is still very much there.

One of the perceived obstacles is social anxiety or humiliation when buying condoms, which leads to unprotected sexual activity or the use of alternatives such as contraceptive tablets. To avoid exposing “non-mature” audiences to contraceptives, condom commercials are confined to late-night timeslots and the word condom is regularly beeped on Indian television and in movies.

Condoms are, therefore, one of the least often used forms of birth control in India. Therefore, adoption rather than a complete lack of awareness is the main problem impeding market growth, despite all of this hesitancy with even the word “condom” in public life.

Condom Market: Category-Wise Insights

By Material Type:

The latex condoms segment is expected to dominate the market. This is demonstrated by its efficiency, robustness, and adaptability. The demand for these condoms is anticipated to be driven by the fact that they provide adequate protection against unintended pregnancies and are composed of premium latex rubber.

In addition, producers are concentrating on studying and creating innovative products to satisfy the rising demand for premium latex condoms. Over the forecast period, the introduction of new products and increased demand are anticipated to propel the growth of latex condoms.

Besides, the non-latex condoms segment gis rowing at a rapid rate. This can be attributed to several benefits, including its nonallergenic nature, thinness, and absence of odor compared to latex.

By Product:

The male condom segment is expected to dominate the market. The growth can be ascribed to factors such as manufacturers’ emphasis on producing male condoms, openness to their use in comparison to female condoms, and different portfolios.

Besides, the female condom segment is growing at a rapid rate. These are becoming more widely regarded as a means of lowering the risk of sexually transmitted infections and unintended pregnancy.

By Distribution Channel:

The public health distribution segment is expected to dominate the market. Condom distribution is critical to public health, particularly in the prevention of HIV, sexually transmitted infections, and unintended pregnancies. The CDC and WHO prioritize condom distribution programs as a cost-effective structural intervention. According to research, free condom distribution increases condom use in public sex venues while also lowering the risk of HIV and other STIs.

Besides, the e-commerce segment is growing at a rapid rate. The segment expansion is attributed to the rising penetration of smartphones and expanding internet infrastructure.

Report Scope

Condom Market: Regional Analysis

North America is projected to dominate the condom market. The market growth of condoms in the region is attributed to the rising prevalence of sexually transmitted diseases. Furthermore, the presence of major regional players drives the industry expansion. Also, the increasing regulatory support propels the industry expansion.

However, the Asia Pacific is growing significantly in the global condom industry. The expansion of the e-commerce industry is the primary reason for the industry development over the forecast period. Moreover, the growing awareness drives the expansion of the condom industry.

List of the prominent players in the Condom Market:

• FUJILATEX CO. LTD
• Reckitt Benckiser Group PLC
• Church & Dwight Co. Inc.
• Karex Berhad
• LELO iAB
• Lifestyles
• Veru Inc.
• Okamoto Industries Inc
• MAYER LABORATORIES INC.
• Cupid Limited
• RITEX GMBH
• Pasante Healthcare Ltd.
• CPR GmbH
• Mankind Pharma
• Sagami Rubber Industries Co. Ltd.
• rrtMedcon
• Others

The Condom Market is segmented as follows:

By Material Type

• Latex Condoms
• Non-latex Condoms

By Product

• Male Condoms
• Female Condoms

By Distribution Channel

• Public Health Distribution
• Drug Stores
• E-commerce
• Mass Merchandizers

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America