The Latin America, Middle East and Africa Sexual Wellness Market would witness market growth of 13.2% CAGR during the forecast period (2020-2026). The growing inclination towards online shopping is due to the privacy offered by these shopping sites. Moreover, the stigma associated with the sexual wellness products has also reduced over the years. Therefore, various individuals, including married couples and young working women prefer to purchase these products from online channels.
The comfort of selecting, viewing, and ordering over online shopping sites without revealing the identity of an individual, reduces the fear of being judged. This is the main factor which leads to the increasing sell of these products from online channels. The most popular products are rubber penis, vibrators, and lubricants. Buyers are free to choose any lubricant from the range of products from the brands available on e-commerce platforms. Furthermore, the guarantee of confidential delivery of the packages via e-commerce platforms has increased purchases amongst women of every age group.
Initiatives such as sex-positive movements are assisting in breaking the stereotypes based on gender, age, and social construct. Increased acceptance of sexual minorities such as LGBTQ+ individuals also encourages the use of vibrators and sex accessories in society, thereby drives the sexual wellness product market. Women show keen interest and enthusiasm in discussions related to sexuality and ready to explore sexual wellness products.
Based on Product, the market is segmented into Sex Toys, Female Contraceptives, Male Condoms, Lubricants & Sprays and Other Products. Based on Distribution Channel, the market is segmented into Online Stores, Specialty Stores, Drug Stores, Specialty Care Settings and Supermarkets & Hypermarkets. Based on End User, the market is segmented into Men, Women and LGBT. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Sexual Wellness Market in LAMEA is expected to register a CAGR of 13.2% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Reckitt Benckiser Group PLC, Church and Dwight Co., Inc., Karex Berhad, Adam & Eve Stores (PHE, Inc.), California Exotic Novelties, LLC, Doc Johnson Enterprises, Hot Octopuss Limited, Bijoux Indiscrets, Kessel Medintim GmbH and TENGA Co., Ltd.
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Companies Profiled
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