Asia Pacific Condom Market Introduction and Overview
According to SPER Market Research, the Asia Pacific Condom Market is estimated to reach USD 7687.69 million by 2033 with a CAGR of 8.71%.
Condoms are a kind of boundary prophylactic intended to forestall pregnancy and safeguard against physically sent diseases (STIs). Commonly produced using materials like plastic, polyurethane, or polyisoprene, condoms go about as an actual hindrance during sex to keep sperm from entering the vagina and arriving at an egg, in this manner lessening the gamble of origination. They likewise act as a safeguard against STIs by forestalling the trading of organic liquids, in this manner diminishing the probability of transmission of contaminations like HIV, chlamydia, and gonorrhoea. Condoms are accessible in different structures, including male and female forms, each with various surfaces, sizes, and elements to upgrade solace and joy. Male condoms are worn over the penis, while female condoms are embedded into the vagina. They come in various plans and may incorporate highlights like greases or spermicides to further develop adequacy and solace.
- September 2022; Mankind Pharma’s new condom brand Epic Condoms has sent off another mission, 'Have intercourse Epic' to declare the appearance of an exceptional scope of Epic condoms on the lookout. Legendary Condoms is another contestant on the lookout, and this mission is intended to present and make shoppers mindful of the new brand from India's driving condom brand i.e., Manforce Condoms, to the main interest group.
Market Opportunities and Challenges
Opportunities- Enhanced education and outreach programs about sexual health contribute to this growing awareness. The rising prevalence of sexually transmitted infections (STIs) and unintended pregnancies further fuels the need for effective contraception. Economic growth and higher disposable incomes in the region improve affordability and access to condoms. Innovations in product design, such as improved materials, textures, and sizes, cater to diverse consumer preferences and enhance user experience. The expansion of distribution channels, including online platforms, retail stores, and healthcare facilities, makes condoms more accessible to a broader audience. Additionally, government and non-governmental organizations’ efforts to promote sexual health and reproductive rights support market growth. Changing social attitudes and reduced stigma around sexual health contribute to more open discussions and acceptance of condom use.
Challenges- The Asia Pacific condom market faces cultural and social barriers, including deep-seated taboos and stigma around sexual health, which impede the widespread acceptance and use of condoms. Limited access and distribution issues, especially in rural and underserved areas, restrict availability and hinder market penetration. Economic disparities across the region affect affordability, with lower-income populations often unable to access quality contraceptives. Concerns about product quality and safety, such as inconsistencies in manufacturing standards and counterfeit products, can erode consumer trust. Additionally, inadequate sexual health education and awareness programs contribute to lower demand and improper use of condoms. Regulatory and compliance challenges, including varying standards and regulations across countries, complicate market entry and product distribution. Addressing these issues requires targeted strategies, including enhanced education initiatives, improved distribution networks, culturally sensitive marketing, and stringent quality control measures.
Market Competitive Landscape
The Asia Pacific Condom Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Ansell Ltd, Church & Dwight, Graphic Armor LLC, Guilin Latex, HLL Lifecare, Okamoto Industries, Reckitt Benckiser Group, Reckitt Benckiser Group Plc, and Sagami Rubber Industries.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Material Type, By Product Outlook, By Distribution Channel
|
Regions covered | China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC.
|
Companies Covered | Ansell Ltd, Church & Dwight, Graphic Armor LLC, Guilin Latex, HLL Lifecare, Okamoto Industries, Reckitt Benckiser Group, Reckitt Benckiser Group Plc, and Sagami Rubber Industries.
|
COVID-19 Impact on Asia Pacific Condom Market
The Coronavirus pandemic affects the worldwide economy and every significant industry. Additionally, it has impacted the development of the Asia Pacific condom market due to the intruded-on inventory network and store conclusion. In any case, the condom market likewise encountered a marginally expanded request, which somewhat worked available income. However, the interest in condoms expanded with rising web-based deals as individuals have been remaining at home, there has been an expansion in internet-based deals of condoms. The Asia Pacific condom market is encountering observable development with expanded internet-based deals even after the pandemic.
Key Target Audience:
- Young Adults and Teenagers
- Sexually Active Adults
- Married Couples
- Health-Conscious Consumers
- People with STIs
- Healthcare Providers
Our in-depth analysis of the Asia Pacific Condom Market includes the following segments:
By Material Type:
|
Latex Condoms
Non-latex Condoms
|
By Product Outlook:
|
Male Condoms
Female Condoms
|
By Distribution Channel:
|
Mass Merchandizers
Drug Stores
E-commerce
|
Key Topics Covered in the Report:
- Asia Pacific Condom Market Size (FY’2024-FY’2033)
- Overview of Asia Pacific Condom Market
- Segmentation of Asia Pacific Condom Market by Material Type (Latex Condoms, Non-latex Condoms)
- Segmentation of Asia Pacific Condom Market by Product Outlook (Male Condoms, Female Condoms)
- Segmentation of Asia Pacific Condom Market by Distribution Channel (Mass Merchandizers, Drug Stores, E-commerce)
- Statistical Snap of Asia Pacific Condom Market
- Expansion Analysis of Asia Pacific Condom Market
- Problems and Obstacles in Asia Pacific Condom Market
- Competitive Landscape in the Asia Pacific Condom Market
- Impact of COVID-19 and Demonetization on Asia Pacific Condom Market
- Details on Current Investment in Asia Pacific Condom Market
- Competitive Analysis of Asia Pacific Condom Market
- Prominent Players in the Asia Pacific Condom Market
- SWOT Analysis of Asia Pacific Condom Market
- Asia Pacific Condom Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Asia Pacific Condom Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia Pacific Condom Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia Pacific Condom Market
7. Asia Pacific Condom Market, By Material Type (USD Million) 2020-2033
7.1. Asia Pacific Condom Market Size, Share and Forecast, By Material Type, 2020-2026
7.2. Asia Pacific Condom Market Size, Share and Forecast, By Material Type, 2027-2033
7.3. Latex Condoms
7.4. Non-latex Condoms
8. Asia Pacific Condom Market, By Product Outlook (USD Million) 2020-2033
8.1. Asia Pacific Condom Market Size, Share and Forecast, By Product Outlook, 2020-2026
8.2. Asia Pacific Condom Market Size, Share and Forecast, By Product Outlook, 2027-2033
8.3. Male Condoms
8.4. Female Condoms
9. Asia Pacific Condom Market, By Distribution Channel (USD Million) 2020-2033
9.1. Asia Pacific Condom Market Size, Share and Forecast, By Distribution Channel, 2020-2026
9.2. Asia Pacific Condom Market Size, Share and Forecast, By Distribution Channel, 2027-2033
9.3. Mass Merchandizers
9.4. Drug Stores
9.5. E-commerce
10. Asia Pacific Condom Market Forecast, 2020-2033 (USD Million)
10.1. Asia Pacific Condom Market Size and Market Share
11. Asia Pacific Condom Market, By Region, 2020-2033 (USD Million)
11.1. Asia Pacific Condom Market Size and Market Share By Region (2020-2026)
11.2. Asia Pacific Condom Market Size and Market Share By Region (2027-2033)
11.3. China
11.4. India
11.5. Japan
11.6. South Korea
11.7. Australia
11.8. ASEAN
11.9. Rest of APAC
12. Company Profile
12.1. Ansell Ltd
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Church & Dwight
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Graphic Armor LLC
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Guilin Latex
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. HLL Lifecare
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Okamoto Industries
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Reckitt Benckiser Group
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Reckitt Benckiser Group Plc
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Sagami Rubber Industries
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
13. Conclusion
14. List of Abbreviations
15. Reference Links