$17.1 Billion Worldwide Condom Industry to 2027 - Featuring Mayer Laboratories, Okamoto Industries and Cupid Limited Among Others - ResearchAndMarkets.com
The Global Condom Market size is expected to reach $17.1 billion by 2027, rising at a market growth of 9.5% CAGR during the forecast period.
- The Global Condom Market size is expected to reach $17.1 billion by 2027, rising at a market growth of 9.5% CAGR during the forecast period.
- By using condoms, the risks of various sexually transmitted diseases (STDs) can be reduced to a great extent.
- Thus, the two major catalysts for the demand & growth of condoms are contraception and the prevention of STDs.
- In addition to it, the market is mainly driven by male-based products, but female-based products have started gaining traction in recent years.