Market Size of Condom Industry
| 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 |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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 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 Size Summary
The condom market is experiencing significant growth, driven by increased consumer adoption of contraceptive products and heightened awareness through government initiatives and sex education programs. These efforts aim to reduce the prevalence of sexually transmitted diseases and unwanted pregnancies, thereby boosting demand for condoms globally. The market is further propelled by innovative condom designs, packaging styles, and aggressive marketing strategies. A diverse range of condom varieties, including flavored and ultra-sensitive options, are available, catering to varying consumer preferences. The rise of e-commerce has also contributed to market expansion, with online distributors seeing increased interest as consumers seek convenient retail alternatives.
Regionally, the market dynamics vary, with countries like the United States, India, and China playing pivotal roles. In the United States, government support for global family planning and reproductive health has been consistent, while in India, free condom distribution programs target high-risk groups to combat HIV/AIDS. China's expanding middle class has led to increased demand for high-quality condoms, with fierce competition among over 200 manufacturers. The market is characterized by fragmentation and intense competition, with key players such as Reckitt Benckiser Group, Church & Dwight Co. Inc., and Okamoto Industries Inc. leading the charge. Recent product launches and campaigns, such as Mankind Pharma's 'Make Love Epic' and Durex's #Intensegasm, highlight the ongoing innovation and marketing efforts shaping the market landscape.
Condom Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Drivers
-
1.1.1 Growing knowledge on prevention of STD's
-
1.1.2 Increasing Government campaigns
-
-
1.2 Market Restraints
-
1.2.1 Fear of skin allergies
-
-
1.3 Industry Attractiveness - Porter's Five Forces Analysis
-
1.3.1 Threat of New Entrants
-
1.3.2 Bargaining Power of Buyers/Consumers
-
1.3.3 Bargaining Power of Suppliers
-
1.3.4 Threat of Substitute Products
-
1.3.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 Type
-
2.1.1 Latex
-
2.1.2 Non-latex
-
-
2.2 End User
-
2.2.1 Men
-
2.2.2 Women
-
-
2.3 Distribution Channel
-
2.3.1 Hypermarkets/Supermarkets
-
2.3.2 Convenience Stores
-
2.3.3 Pharmacies and Drug Stores
-
2.3.4 Online Retail Stores
-
2.3.5 Other Distribution Channels
-
-
2.4 Geography
-
2.4.1 North America
-
2.4.1.1 United States
-
2.4.1.2 Canada
-
2.4.1.3 Mexico
-
2.4.1.4 Rest of North America
-
-
2.4.2 Europe
-
2.4.2.1 Spain
-
2.4.2.2 United Kingdom
-
2.4.2.3 Germany
-
2.4.2.4 Russia
-
2.4.2.5 France
-
2.4.2.6 Italy
-
2.4.2.7 Rest of Europe
-
-
2.4.3 Asia-Pacific
-
2.4.3.1 China
-
2.4.3.2 Japan
-
2.4.3.3 India
-
2.4.3.4 Australia
-
2.4.3.5 Rest of Asia-Pacific
-
-
2.4.4 South America
-
2.4.4.1 Brazil
-
2.4.4.2 Argentina
-
2.4.4.3 Rest of South America
-
-
2.4.5 Middle East and Africa
-
2.4.5.1 South Africa
-
2.4.5.2 Saudi Arabia
-
2.4.5.3 Rest of Middle East and Africa
-
-
-
Condom Market Size 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.
