Condom Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 11.01 Billion |
| Market Size (2029) | USD 16.34 Billion |
| CAGR (2024 - 2029) | 8.10 % |
| Fastest Growing Market | Middle-East and Africa |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Condom Market Analysis
The Condom Market size is estimated at USD 11.01 billion in 2024, and is expected to reach USD 16.34 billion by 2029, growing at a CAGR of 8.10% during the forecast period (2024-2029).
The rising adoption rate of contraceptive products among consumers worldwide is boosting the demand for condoms. Growing awareness through government initiatives and comprehensive sex education programs to reduce the prevalence of sexually transmitted diseases are driving the market's growth worldwide. Also, the increasing awareness regarding medicinal pill-based contraceptives is impacting the market for medically low-risk contraceptives such as condoms.
Apart from sex education and prevention against STDs, the introduction of innovative condom designs, innovative packaging styles, increased marketing, and promotional activities are some of the major factors boosting the market's growth. Wide varieties and styles of condoms are available in the market, from flavored condoms to ultra-sensitive ones, like LifeStyles and SKYN Condoms. Online distributors are recording increased interest as home-bound consumers explore retail alternatives. A few sexual wellness brands and retailers with inventory and shipment operations are also trying to double their e-commerce sales.
Condom Market Trends
The Demand for Non-latex Condoms is Increasing
The market for non-latex condoms is experiencing significant growth, driven by a combination of factors, including increased consumer awareness, medical necessity, and evolving sexual health preferences. Various regional governments are promoting the use of condoms to prevent unwanted pregnancies and HIV/AIDS. Traditionally, latex has been the primary material for condom production due to its elasticity and effectiveness. However, an increasing number of consumers are seeking alternatives due to latex allergies and sensitivities, which can cause irritation and allergic reactions in some individuals. Non-latex condoms, made from materials such as polyurethane, polyisoprene, and nitrile, provide a viable alternative that caters to those with latex allergies or sensitivities. Polyurethane condoms, for instance, are not only hypoallergenic but also offer enhanced heat transfer, making sexual experiences more pleasurable. Polyisoprene, another popular non-latex material, mimics the flexibility of latex without triggering allergic reactions, providing both comfort and safety.
Many consumers prefer non-latex condoms due to latex allergies and sensitivities, ensuring greater comfort and compatibility. These condoms provide reliable protection, contributing significantly to the reduction of HIV/AIDS transmission. By offering an effective barrier against sexually transmitted infections, non-latex condoms play a crucial role in promoting safer sexual practices and public health. Their availability encourages consistent use, decreasing the incidence of HIV/AIDS. Furthermore, non-latex condoms are gaining traction for their durability and strength. These condoms are less likely to break or degrade due to environmental factors such as exposure to oils and heat, which can be detrimental to latex. This reliability makes non-latex condoms a preferred choice for those seeking long-lasting protection. Major condom manufacturers are expanding their product lines to include non-latex options, thus broadening consumer choice. Additionally, the marketing of these products often emphasize their hypoallergenic properties and comfort, appealing to a broader audience.
Asia-Pacific Dominates the Condom Market
China is one of the largest markets for condoms worldwide. In the past, Chinese authorities supplied condoms either free of charge or at subsidized prices. In recent years, the expansion of the middle-income group has created more opportunities for individuals to exercise personal freedom by purchasing high-quality condoms at higher prices from retail stores. Such factors have been positive for popular condom brands such as Okamoto, which has gained brand recognition within the medium- and high-price brackets. Another major factor behind the market’s growth in China is the fierce competition, with over 200 manufacturers competing primarily on price.
India unveiled a five-year initiative in April 2024, worth USD 2.5 billion, to combat HIV/AIDS, with 80% of the funding dedicated to prevention efforts. Condoms will be the primary prevention method, and the campaign will involve installing 100,000 condom vending machines in various locations such as colleges, train stations, gas stations, roadside restaurants, and hospitals. As of 2024, India recorded an estimated 5.7 million cases of HIV infection rates, the highest globally, comprising two-thirds of Asia's total 8.3 million HIV prevalence. The initiative is likely to significantly boost the demand for condoms in India, driving growth in the market. With the installation of condom vending machines and a strong focus on prevention, there will be greater accessibility and awareness, leading to increased condom usage.
Condom Market Industry Overview
Condom companies are continuously innovating to differentiate themselves and capture market share. One strategy is the introduction of new flavors and textures, catering to diverse consumer preferences and enhancing the overall experience. Additionally, focusing on thin-skin-like textures aims to improve sensitivity and increase comfort, addressing common concerns associated with traditional condoms. Companies also invest in eco-friendly materials and packaging, appealing to environmentally conscious consumers. Furthermore, marketing campaigns emphasizing sexual health, pleasure, and inclusivity play a significant role in building brand awareness and loyalty. By staying attuned to consumer needs and preferences while embracing technological advancements, condom companies strive to make their mark in the market and foster healthier, more satisfying sexual experiences for individuals worldwide.
The condom market is fragmented and highly competitive, with the presence of multiple regional and multinational brands. The key players holding major market shares are Reckitt Benckiser Group PLC, Humanwell Healthcare (Group) Co. Ltd, Church & Dwight Co. Inc., and Okamoto Industries Inc. Reckitt Benckiser's Durex condom brand offers a wide selection of distinctly different condom styles, from the thinnest, sensitive latex condoms to studded and ribbed, to increase its share in the market. Trojan condoms offered by Church & Dwight are the most popular condoms across the world. Trojan is known as one of America's most trusted brands. All Trojan condoms meet or exceed strict FDA testing requirements. The company also claims to be an innovative and active condom manufacturer, providing consumers with new product launches in the form of distinctive flavors and textures.
Condom Market Leaders
-
Reckitt Benckiser Group PLC
-
Church & Dwight Co. Inc.
-
Okamoto Industries Inc.
-
Karex Berhad
-
Humanwell Healthcare (Group) Co.,Ltd.
*Disclaimer: Major Players sorted in no particular order
Condom Market: Market News
- April 2024: Mankind Pharma's Manforce Condoms rolled out a campaign for April Fool's Day, announcing the launch of 'Manforce Realgasm Condoms.' These condoms purportedly change color to detect orgasms, aiming to tackle the issue of fake orgasms in women.
- December 2023: Mankind Pharma's Manforce Condoms initiated the #SafeTiesToSaveLives campaign in partnership with SAATHII NGO to support the nation's commitment to eradicating HIV/AIDS by 2030. This collaboration aims to raise awareness about HIV/AIDS, emphasizing community involvement through the 'Let Communities Lead' initiative to offer vital information and contribute to saving lives.
- March 2023: Durex introduced Durex Real Feel, a new line of non-latex condoms. Durex's research suggests that the primary reason people discontinue condom use is due to diminished enjoyment. Through this launch, the brand seeks to heighten and enrich sexual experiences for couples by providing a sensation akin to natural skin while ensuring protection.
Condom Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.1.1 Growing knowledge on prevention of STD's
4.1.2 Increasing Government campaigns
4.2 Market Restraints
4.2.1 Fear of skin allergies
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Type
5.1.1 Latex
5.1.2 Non-latex
5.2 End User
5.2.1 Men
5.2.2 Women
5.3 Distribution Channel
5.3.1 Hypermarkets/Supermarkets
5.3.2 Convenience Stores
5.3.3 Pharmacies and Drug Stores
5.3.4 Online Retail Stores
5.3.5 Other Distribution Channels
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.1.4 Rest of North America
5.4.2 Europe
5.4.2.1 Spain
5.4.2.2 United Kingdom
5.4.2.3 Germany
5.4.2.4 Russia
5.4.2.5 France
5.4.2.6 Italy
5.4.2.7 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 Rest of Asia-Pacific
5.4.4 South America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Rest of South America
5.4.5 Middle East and Africa
5.4.5.1 South Africa
5.4.5.2 Saudi Arabia
5.4.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Reckitt Benckiser Group PLC
6.3.2 Humanwell Group
6.3.3 Church & Dwight
6.3.4 Karex Berhad
6.3.5 Fuji Latex Co. Ltd
6.3.6 Cupid Limited
6.3.7 Okamoto Industries Inc.
6.3.8 Veru Inc.
6.3.9 Mankind Pharma
6.3.10 Mayer Laboratories Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Condom Industry Segmentation
A condom is a sheath-shaped barrier that is used during sexual intercourse to reduce the probability of pregnancy or a sexually transmitted infection.
The condom market is segmented by type, end user, distribution channel, and geography. Based on type, the market is segmented into latex and non-latex. By end user, the market is segmented into men and women. Based on distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, pharmacies and drug stores, online retail stores, and other distribution channels. The report also provides an analysis of emerging and established markets worldwide, including North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. For each segment, the market sizing and forecasts were made on the basis of value (USD).
| Type | |
| Latex | |
| Non-latex |
| End User | |
| Men | |
| Women |
| Distribution Channel | |
| Hypermarkets/Supermarkets | |
| Convenience Stores | |
| Pharmacies and Drug Stores | |
| Online Retail Stores | |
| Other Distribution Channels |
| Geography | |||||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
|
Condom Market Research FAQs
How big is the Condom Market?
The Condom Market size is expected to reach USD 11.01 billion in 2024 and grow at a CAGR of 8.10% to reach USD 16.34 billion by 2029.
What is the current Condom Market size?
In 2024, the Condom Market size is expected to reach USD 11.01 billion.
Who are the key players in Condom Market?
Reckitt Benckiser Group PLC, Church & Dwight Co. Inc., Okamoto Industries Inc., Karex Berhad and Humanwell Healthcare (Group) Co.,Ltd. are the major companies operating in the Condom Market.
Which is the fastest growing region in Condom Market?
Middle-East and Africa is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Condom Market?
In 2024, the Asia Pacific accounts for the largest market share in Condom Market.
What years does this Condom Market cover, and what was the market size in 2023?
In 2023, the Condom Market size was estimated at USD 10.12 billion. The report covers the Condom Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Condom Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
What are the major factors driving the Condom Market?
The major factors driving the Condom Market are a) Evolving consumer attitudes and sexual wellness focus b) Development of new condom features like texture, materials, and flavors can attract new users and cater to diverse preferences
Condom Industry Report
The global condom industry is experiencing robust growth, propelled by increased awareness of sexual health and the effectiveness of condoms in preventing both unwanted pregnancies and sexually transmitted infections (STIs). Governments and health organizations worldwide are enhancing this growth through educational campaigns and the free distribution of condoms. The condom market is diversified, featuring both male and female products, with male condoms currently leading due to higher acceptance levels. However, female condoms are expected to see rapid growth, driven by targeted marketing and their empowering role in women's sexual health. Innovations such as non-latex condoms cater to those with latex allergies and introduce new flavors and textures, broadening consumer choices and driving market expansion. Regionally, the Asia Pacific region dominates the condom market size due to significant population figures in countries like China and India combined with strong governmental initiatives and growing sexual health education. The rise of e-commerce platforms offers discreet purchasing options, likely boosting consumer engagement in buying condoms online. Overall, the condom industry is expanding through strategic marketing, educational initiatives, and continuous product innovation, aiming to make condoms more accessible, affordable, and culturally acceptable, thereby ensuring widespread use and supporting global public health goals. For a focused analysis on condom market share, size, and revenue growth, detailed industry reports offering forecast insights are readily available. Get a sample of this industry analysis as a free report PDF download.
