The North America Sexual Wellness Market would witness market growth of 11.5% CAGR during the forecast period (2020-2026). In the US, some of the major brands in sexual wellness market are anticipated to see lucrative demand owing to the increasing use of sex toys by both men and women. The sexual wellness products market is anticipated to show profitable growth over the forecast period owing to the rising acceptance of sexual exploration and recognition of Lesbian, Bisexual, Gay, Transgender, and Queer communities. Growing concern regarding personal hygiene is one of the aspects that is fuelling the market growth. Convenience offered by e-commerce and online shopping has additionally supported the sales, as these channels supply the sexual wellness products in a confidential manner.
Condoms are one of the most effective and efficient means to prevent STDs (sexually transmitted diseases). Therefore, governments, NGOs, and many foundations across the globe are distributing condoms among individuals in many countries. Additionally, condoms are also low-cost options for birth control. Along with this, many innovations have been brought in the condom designs, hence boosting the demand for condoms all across the world.
Business players play a very crucial role in the non-commercial segment of condom distribution. Companies like ONE encourages the use of contraceptives and it also distributed condoms at a minimal cost or even for free through local outreach programs. In the year 2017, the company launched myONE Perfect Fit condom ranging over 60 sizes. This reduces the uncertainty to use a condom owing to improper fit. As a part of their market strategy, the company also distributed approximately 1.0 million condoms in the country.
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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Sexual Wellness Market in North America is expected to register a CAGR of 11.5% 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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