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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Sexual Wellness Market Analysis
The growth of the global market is fuelled by increased funding by the key players for the innovation, research, and development of quality products. For example, Rosy Wellness has raised USD 1.2 million to grow the women’s sexual health platform they run. Dallas-based Rosy aims "to smash taboos around women's sexual health" with the use of technology to aid sexual healthcare. The increasing number of people starting their own ventures and healthcare startups to manufacture innovative sexual wellness products and enhance the overall experience of the experience is also expected to boost the global sexual wellness market growth. The heavy investments by key players in the market to develop innovative solutions associated with the sexual wellness of individuals is a major trend influencing the market growth.
The rising number of technologically advanced products backed by artificial intelligence and machine learning are also trending in the market, which is increasing the demand for these products, consequently driving the market growth. Key players launching new and interesting products such as drugs, gels, pills, sex toys, intimate products, and other devices for both men and women to enhance their sexual wellness is also a major trend influencing the market growth. For example, the FDA has recently approved the marketing of Eroxon manufactured by a UK-based company, a first-of-its-kind erectile dysfunction (ED) treatment in the form of a gel. The FDA has called it a “non-medicated hydro-alcoholic gel” that acts within 10 minutes.
Additionally, the increased initiatives by the WHO towards countries that are comparatively less aware of sexual wellness. For example, WHO has taken initiatives towards countries to help them develop national strategic plans and guidelines for sexual health and development encouraging an environment allowing individuals to discuss STIs, adopt safer sexual practices, and seek timely treatments.
Sexual Wellness Market Report Snapshots
Sexual Wellness Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 64.41 billion in 2023, driven by increasing research activities.
The market is anticipated to grow at a CAGR of 8.8% during the forecast period of 2024-2032, likely to reach a market value of USD 137.60 billion by 2032.
The increasing awareness among people about sexual and overall health is a major factor driving the market growth.
The increasing development of new and advanced wellness products, such as pills, gels, and ointments is a major trend driving the market growth.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is currently leading the global market.
Sexual Wellness products in the market include sex toys, condoms and female contraceptives, lubricants and sprays, erotic lingerie, pregnancy testing products, and antifungal agents, among other sexual wellness products.
Distribution channels include wholesalers/distributors, specialty stores, drug stores, hypermarkets/supermarkets, among online stores.
End users in the market are men, women, and the LGBT community.
Key players involved in the market are LifeStyles, Bijoux Indiscrets, BioFilm Inc, Church & Dwight Co., Inc., FUJI LATEX CO., LTD., HLL Lifecare Limited, Benckiser Group Plc, Doc Johnson Enterprises, Karex Berhad, TENGA Co., Ltd., Hot Octopuss, California Exotic Novelties LLC, and Reckitt Benckiser.
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United States (Head Office)
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+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124