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$17.1 Billion Worldwide Condom Industry to 2027 - Featuring Mayer Laboratories, Okamoto Industries and Cupid Limited Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 1, 2021
Infectious diseases, General Health, Health, Birth control, HIV/AIDS, Medical specialties, Sexual health, Condom, Penis, Female condom, Sexually transmitted infection, Condom effectiveness, Bareback

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.

Key Points: 
  • 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.