Contraceptive Sponges Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 2.50 % |
| Fastest Growing Market | Europe |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Contraceptive Sponges Market Analysis
The global contraceptive sponge market is projected to grow ata CAGR of 2.5% during the forecast period (2019-2024).
- The market is mainly driven by the growing rate of unwanted pregnancies. Also, the favorable government regulatory bodies, such as Cervical Barrier Advancement Society (CBAS), Center for Young Women’s Health (CYWH), National Institutes of Health (NIH) aims to educate teenagers with the methods of cervical barrier methods to reduce the spread of STIs, including HIV and AIDS and prevent unwanted pregnancy, which therefore results into the market growth.
- The major challenge of the market is the inability of the contraceptive sponges to prevent sexually transmitted diseases such as HIV and AIDS and the presence of a large number of competing products such as condoms and pills which are more effective in prevention of pregnancy.
Contraceptive Sponges Market Trends
This section covers the major market trends shaping the Contraceptive Sponges Market according to our research experts:
Use of contraceptive sponges to avoid unwanted pregnancies
Although other competing products such as condoms and pills are more popular among the consumers, contraceptive sponges are increasing its traction in the near future. Also, there has been an increased teen pregnancy in the past few years. Centers for Disease Control and Prevention (CDC) in 2017 estimated about 194,377 babies were born to women aged 15-19 years and existed a birth rate of 18.8 per 1,000 women in this age group. Therefore, favorable regulatory bodies spreading knowledge regarding the use of contraceptives to avoid unnecessary births have boosted the market growth to have a healthy country.
North America to drive the market
Asia-Pacific is dominating the market owing to the greater awareness through social media marketing and the rising number of government initiatives that help in increasing the overall market. Also, with the increasing internet penetration, online market for the purchase of consumer goods including contraceptive sponge has seen a rapid growth globally in last 3-4 years. This category has attracted a few vertical specialists like Amazon, Walmart, Carrefour etc. who are riding on increasing e-retailing growth and vying for a significant pie in online consumer goods space.
Contraceptive Sponges Industry Overview
The global market for contraceptive sponges is consolidated, owing to the presence of very few numbers of regional and domestic players worldwide. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Few of the major players in the market include Mayer Laboratories Inc., Tree of Life Pharma Ltd. and Innothera.
Contraceptive Sponges Market Leaders
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Mayer Laboratories, Inc.
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Tree of Life Pharma Ltd.
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Innothera
*Disclaimer: Major Players sorted in no particular order
Contraceptive Sponges Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Bargaining Power of Suppliers
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Threat of New Entrants
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Distribution Channel
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5.1.1 Pharmacies
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5.1.2 Online Retailers
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5.1.3 Other Channels
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5.2 Geography
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5.2.1 North America
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5.2.1.1 United States
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5.2.1.2 Canada
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5.2.1.3 Mexico
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5.2.1.4 Rest of North America
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5.2.2 Europe
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5.2.2.1 Spain
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5.2.2.2 United Kingdom
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5.2.2.3 Germany
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5.2.2.4 France
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5.2.2.5 Italy
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5.2.2.6 Russia
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5.2.2.7 Rest of Europe
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5.2.3 Asia Pacific
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5.2.3.1 China
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5.2.3.2 Japan
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5.2.3.3 India
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5.2.3.4 Australia
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5.2.3.5 Rest of Asia-Pacific
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5.2.4 South America
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5.2.4.1 Brazil
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5.2.4.2 Argentina
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5.2.4.3 Rest of South America
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5.2.5 Middle East and Africa
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5.2.5.1 South Africa
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5.2.5.2 Saudi Arabia
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5.2.5.3 Rest of Middle East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Mayer Laboratories, Inc.
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6.4.2 Tree of Life Pharma Ltd.
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6.4.3 Innothera
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Contraceptive Sponges Industry Segmentation
The global contraceptive sponge market has been segmented by distribution channel (which includes Pharmacies, Online retailers and other channels); and geography (which includes North America, Europe, Asia-Pacific, South America and Middle East and Africa).
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| Pharmacies | |
| Online Retailers | |
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Contraceptive Sponges Market Research FAQs
What is the current Contraceptive Sponges Market size?
The Contraceptive Sponges Market is projected to register a CAGR of 2.5% during the forecast period (2024-2029)
Who are the key players in Contraceptive Sponges Market?
Mayer Laboratories, Inc., Tree of Life Pharma Ltd. and Innothera are the major companies operating in the Contraceptive Sponges Market.
Which is the fastest growing region in Contraceptive Sponges Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Contraceptive Sponges Market?
In 2024, the North America accounts for the largest market share in Contraceptive Sponges Market.
What years does this Contraceptive Sponges Market cover?
The report covers the Contraceptive Sponges Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Contraceptive Sponges Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Contraceptive Sponges Industry Report
Statistics for the 2024 Contraceptive Sponges market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Contraceptive Sponges analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
