Global Sexual Wellness Market By Product (Sex Toys, Female Contraceptives, Male Condoms, Lubricants & Sprays and Other Products), By Distribution Channel (Online Stores, Specialty Stores, Drug Stores, Specialty Care Settings and Supermarkets & Hypermarkets), By End User (Men, Women and LGBT), By Region, Industry Analysis and Forecast, 2020 - 2026
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The Global Sexual Wellness Market size is expected to reach $125.1 billion by 2026, rising at a market growth of 12.4% CAGR during the forecast period. In context to sexuality, the state of mental, physical, and social well-being of a person is referred as Sexual wellness. The main focus of sexual wellness products is to offer safer sex and improved sexual pleasure. These products also help in prevention of sexually transmitted infections and unwanted pregnancy. Sexual wellness products include contraceptives, vibrators, exotic lingerie & apparel, menstrual cups, pregnancy testing products, and dental dams.
The increasing acceptance of the LGBT community and legalization & rights of gay marriages contributes to the growth of the sexual wellness market. The sexual wellness products such as delay sprays, lubricants, and vibrators have gained more acceptances across the LGBT community. Numerous countries like the Netherlands, the U.S., Sweden, and other European countries have approved legal rights for the LGBT community. The legal rights give liberty of same sex marriages and same sex relationships, acts as a positive factor for the growth of the sexual wellness market.
Sexual wellness is directly related with physical, and mental, health. Online channels have gained attraction in the global sexual wellness market as they give privacy and also maintain the confidentiality of people. In addition to it, special concessions and doorstep delivery have also contributed in popularizing the online channels among the millennial population.
By Distribution Channel
Based on Distribution Channel, the market is segmented into Online Stores, Specialty Stores, Drug Stores, Specialty Care Settings and Supermarkets & Hypermarkets. Based on the distribution channel, specialty stores are expected to show prominent growth in the coming years. Specialty stores are marketing outlets that emphasize on selling a specific product range and related products such as condoms, contraceptives, sex toys, and other sex-related products.
Based on Product, the market is segmented into Sex Toys, Female Contraceptives, Male Condoms, Lubricants & Sprays and Other Products. Sex toys led the sexual wellness market of the US and had significant market share in 2019. The stigma associated with sexual activity is diminishing owing to the increased acceptance and liberalization of homosexuality. 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.
By End User
Based on End User, the market is segmented into Men, Women and LGBT. Based on end-user, the women segment is expected to show significant growth. An increase in the working women population, sex education, gender neutrality, as well as increasing awareness about sexual health will boost the growth of this segment. Female contraceptives have become significantly popular among women, as they offer various benefits like prevention of STDs and unwanted pregnancy.
|Market size value in 2019||USD 67.4 Billion|
|Market size forecast in 2026||USD 125.1 Billion|
|Historical Period||2016 to 2018|
|Forecast Period||2020 to 2026|
|Revenue Growth Rate||CAGR of 12.4% from 2020 to 2026|
|Number of Pages||207|
|Number of Tables||390|
|Report coverage||Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling|
|Segments covered||Product, Distribution Channel, End User, Region|
|Country scope||US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria|
Free Valuable Insights: Global Sexual Wellness Market to reach a market size of $125.1 Billion by 2026
Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. On the basis of region, North America garnered the highest market share in the year 2019. This region is likely to sustain its market share in the coming years. the sexual wellness market is driven by innovation and improvisation in condoms and sex toys.
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.
Recent Strategies Deployed in Sexual Wellness Market
- Nov-2020: Karex Bhd announced that it is acquiring the remaining 30% stake in Global Protection Corp (GP). The acquisition enabled Karex fully benefit from the manufacturing and distribution of GP products that accelerated Karex group’s market share at the international forefront in the sexual wellness business by using GP products.
- Feb-2019: Adam & Eve acquired Excite Group PTY, Australia, an E-commerce company providing lingerie and adult-oriented products. The acquisition helped Adam & Eve in expanding its geographical footprint.
- Oct-2018: Bijoux Indiscrets launched HOROSCOPE – 12 KITS. These kits were designed for women to help them enjoy a moment alone with their emotions, sensations and desires with their feminine sexual energy flow.
- Oct-2016: Adamandeve.com, America's most trusted source for adult products launched an education site. This site provides guidance and advice about all things pertaining to sex, including toys, relationships, and health.
- Jul-2016: Karex Berhad took over Pesante Healthcare Limited, one of the largest independent condom manufacturing companies in the UK. The acquisition complemented Karex's growing platform.
Scope of the Study
Market Segments Covered in the Report:
- Sex Toys
- Female Contraceptives
- Male Condoms
- Lubricants & Sprays
- Other Products
By Distribution Channel
- Online Stores
- Specialty Stores
- Drug Stores
- Specialty Care Settings
- Supermarkets & Hypermarkets
By End User
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
- 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
- TENGA Co., Ltd.
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Sexual Wellness Market Related Reports:
What would be the value of global sexual wellness market by 2026?
The sexual wellness market size is projected to reach USD 125.1 billion by 2026.
What are the factors that anticipated to drive sexual wellness market trends?
The major factors that are anticipated to drive the sexual wellness industry include increasing penetration of internet promoting shopping from online stores.
Who are the top market players in the sexual wellness industry?
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.
Which segment shows high revenue share of the sexual wellness market in 2019?
Based on gender, the male segment held a substantial revenue share of the sexual wellness market in 2019.
Which region dominated the sexual wellness market in 2019?
The North America market dominated the global sexual wellness market by Region in 2019, growing at a CAGR of 11.5 % during the forecast period.