Condom is a sheath shaped barrier used during sexual intercourse to reduce the chances of pregnancy and protect against sexually transmitted diseases. World Health Organization listed condoms as essential for health systems. Use of condoms reduces the risk of diseases such as chlamydia, trichomoniasis, gonorrhea, hepatitis B and Human Immunodeficiency Virus (HIV).
Increasing awareness regarding sexually transmitted diseases and public health and promotional campaigns creating regarding advantages of condoms against unwanted pregnancy are boosting growth of the condom market. Increasing concerns regarding family planning pose as a major factor driving demand for condoms. Innovation in female and male condoms such as anti-ejaculation chemicals are increasing customer interest. According to Centre for Young Women’s Health (CYWH), female condoms offer around 95% accuracy for contraception effectiveness and barrier to various sexually transmitted diseases. This has increased the demand for female condoms, which in turn is propelling growth of the condom market. Several myths regarding the use of condoms, alternative methods of contraception, and social stigmas in emerging economies are some of the major factors restraining growth of the condom market.
Global Condom Market Taxonomy:
On the basis of gender, the global condom market is segmented into:
On the basis of material type, the global condom market is segmented into:
On the basis of product type, the global condom market is segmented into:
On the basis of distribution channels, the global condom market is segmented into:
Global Condom Market Outlook:
In February 2017, Reckitt Benckiser acquire Mead Johnson Nutrition manufacturers Enfa food. Reckitt Benckiser is a leading brand for Durex condom, Dettol, Lysol cleaner, and Mucinex cough remedy, while Mead Johnson is the world’s third largest baby food company. By acquisition with Mead Johnson, Reckitt Benckiser raises its standing among many multinationals such as Nestle, Unilever, and Procter & Gamble, by adding Enfant food to its large portfolio in household products.
Key Market Players in the Global Condom Market:
Some of the major key market players operating the global condom market include Ansell Ltd (Richmond, Australia), Reckitt Benckiser Group Plc (England), Sagami Rubber Industries, Reckitt Benckiser Group, Karex Industries Sdn. Bhd (Johor, Malaysia), Graphic Armor LLC, Thai Nippon rubber Industru Co. Ltd (Sathon, Bangkok), Church & Dwight, Okamoto Industries, HLL Lifecare, and Guilin Latex.
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