, /PRNewswire/ -- The global condom market size is estimated to grow by .22 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 10.
62% during the forecast period. High growth of e-commerce platforms is driving market growth, with a trend towards product premiumization due to product innovation and portfolio extension. However, side effects of using condoms poses a challenge.
Key market players include Adloran GmbH, Ansell Ltd., B Holding Group LLC, Caution Wear Corp., Church and Dwight Co.
Inc., Cupid Ltd., FUJILATEX CO.
LTD., Global Protection Corp., Grove Collaborative Inc.
, HLL Lifecare Ltd., Humanwell Pharmaceutical Group Co. Ltd.
, Karex Berhad, LELOi AB, LifeStyles Healthcare Pte. Ltd., Okamoto Industries Inc.
, Panacea Biotec Ltd., Reckitt Benckiser Group Plc, Redcliffe Hygiene Pvt Ltd., StaySafe Condoms, and Thai Nippon Rubber Industry Co.
Ltd.. Get a detailed analysis on regions, market segments, customer landscape, and companies- The condom market is experiencing significant growth due to increasing consumer demand and competition.
Vendors are investing in R&D to differentiate themselves, offering condoms with various flavors, sizes, textures, and materials at higher prices. Innovative materials and technologies are being used to create unique products. Frequent product launches, heavy advertising expenditures, and promotional activities are driving growth, particularly in the premium segment.
Consumer awareness and the need fo.
