Global Condom Market Report and Forecast 2024-2032

Global Condom Market Size

The global condom market reached approximately USD 10.51 billion in 2023. The market is projected to grow at a CAGR of 8.5% between 2024 and 2032, reaching a value of around USD 21.82 billion by 2032.

Global Condom Market Outlook

• While 19% of men in the United States use condoms during sexual activities, merely 5% of sexually active men in India use condoms as contraceptives.

• In 2022, the Uttar Pradesh (UP) Government in India introduced a preliminary version of the UP Population Policy (2021–2030) on World Population Day, with the aim of reducing the overall fertility rate and achieving population stabilisation.

• In 2020, 374 million new STD cases occurred among adults aged between 15 and 49, the majority of which could have been prevented by condoms.

Global Condom Market Growth

India, now the most populous nation in the world, is encountering difficulties as a result of its rapidly growing population. The country's population is increasing at an unsustainable pace and is expected to exceed 1.5 billion by 2030 and 2 billion by 2050. With the growing awareness of family planning and safe sex practices and the introduction of favourable government initiatives aimed at promoting condom use, the market is witnessing significant growth.

The rise of online commerce has significantly contributed to the increase in global condom sales. The benefits of e-commerce, including convenience, variety, and access to information, have established it as a favoured platform for numerous buyers. The B2B e-commerce sector has witnessed consistent growth in sales worldwide over the past decade, projecting the global market value to reach USD 36 trillion by 2026. Online shopping provides consumers with the desired privacy and anonymity, especially when purchasing items like condoms, helping them avoid any potential stigma linked to in-store transactions.

Global manufacturers are integrating new technologies into the production of condoms to appeal to a wider customer base. Condom manufacturers are utilising advanced technology to enhance the durability and elasticity of their products, employing cutting-edge machinery and stringent quality control measures to ensure safety and reliability. Continuous innovation in product design is a key focus, with an emphasis on developing condoms with enhanced features, such as ultra-thin materials and specialised textures for increased pleasure. Additionally, manufacturers prioritise creating hypoallergenic products to accommodate individuals with latex sensitivities, promoting safe and comfortable sexual experiences for all.

Global Condom Industry Segmentation

“Global Condom Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Latex

• Non-Latex

Market Breakup by End User

• Men

• Women

Market Breakup by Distribution Channel

• Hypermarkets/Supermarkets

• Chemist Shops

• Online Channels

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Global Condom Market Share

Based on the distribution channel, the market is segmented into hypermarkets/supermarkets, chemist shops, and online channels, among others. Online channels are projected to grow at a CAGR of 14.4% during the forecast period of 2024-2032 as they facilitate swift home delivery, convenience, and anonymity.

Leading Companies in the Global Condom Market

Major market players are focusing on product innovation to gain a competitive edge.

• Reckitt Benckiser Group PLC

• Church & Dwight Co., Inc.

• LifeStyles Healthcare Pte. Ltd.

• Okamoto Industries,Inc.

• Sagami Rubber Industries Co., Ltd.

• Global Protection Corp.

• Pasante Healthcare Ltd.

• Mankind Pharma Ltd.

• Glyde Health

• R&S Consumer Goods GmbH

• Others

Key Highlights of the Report