Global Condom Market Forecast to 2030 - COVID-19 Impact and Analysis by Material (Latex and Non-Latex); Gender (Male and Female); Distribution Channel (Mass Merchandiser, Pharmacies, and Online); and Geography
Global Condom Market Introduction
Condom is a kind of contraceptive device used by both men and women. Condoms are majorly used by the men population. The condom helps in avoiding any chances of pregnancy and also to prevent diseases such as HIV, STDs, and, others. The rising prevalence of sexually transmitted diseases and HIV/AIDS is expected to raise the global condom market growth. The rising government initiatives work and spreading awareness about the use of a condom to prevent HIV and other infections are projected to boost the market growth. Furthermore, the high percentage of pregnant women infected with syphilis increases the chances of harmful births, thereby encouraging the sales of condoms across the globe. However, the side effects like latex allergies and social stigma may hinder the growth of the condom market. Moreover, the growing popularity of condoms among contraceptives and its low cost, easy availability plus convenience will steer the growth opportunities for the market players of the global condom market in the coming years.
Global Condom Market Overview
The global condom market provides an in-depth analysis of segments and sub-segments, region, and country analysis of the overall growth prospects in the market. The report offers a complete overview of the industry, including both qualitative and quantitative information. The condom market report covers a complete analysis and provides market size and forecast estimation from the year 2017 to 2030 based on various segments and sub-segments with respect to four major regions, including North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The research report highlights underlying factors such as the drivers, restraints, opportunities, and trends of the global condom market over the long as well as short period of time. Furthermore, the global condom market report offers PEST analysis, NOISE analysis, improvement Venn diagram, brand recall, perceptual mapping, ecosystem/value chain analysis, Porter’s five forces analysis, and investment pocket analysis with respect to the market. By examining the data collected from primary and secondary methods, the report offers actionable insights into future growth based on inputs from industry experts to help readers formulate effective strategies. This information can help stakeholders to make appropriate decisions before investing.
Global Condom Market Insights
The market study offers a complete overview of leading companies and their successful marketing strategies and market contribution, such as business overview, financial information, SWOT analysis, and key strategies, such as recent developments, market expansion, partnership, merger & acquisitions, product launch, product update, and other contexts. Players operating in the global condom market mainly focus on the adoption of various strategies to expand their footprint across the world and take the initiative for the development of innovative, efficient, and advanced products.
Market mapping or perceptual mapping is the graphical representation of where a brand, product, or service stands among competitors. Market mapping analysis helps to understand the client how their customers perceive their product offering with their competitors for the condom market. By identifying their current products and competitor products on the market map, the business can fill an identified gap to compete with the competition actively.
COVID-19 Impact on Global Condom Market
The COVID-19 pandemic has largely impacted globally since December 2019. According to the World Health Organization (WHO) report, the US, India, Russia, Brazil, Italy, France, Argentina, Spain, Colombia, the UK, Germany, and Mexico are some of the worst affected countries due to the COVID-19. The pandemic is hampering the growth of economies worldwide, and it is likely to continue in 2021. The outbreak disrupts various industries, such as manufacturing, construction, automotive, textiles, chemicals, cosmetics, tourism, hospitality, consumer goods, transportation, IT and telecom, pharmaceutical, and among others. This results in several obstacles in the supply chain, resulting in demand-supply gaps. This scenario is expected to have a large impact on the global condom market.
With Corona Virus Disease 2019 (COVID-19) pandemic, the world is fighting against Covid-19 pandemic and also economic pandemic, almost impacting trillions of dollars of revenues. Our company brings a high-level insight as well as very deep insights relevant to several promising markets. The study will cover:
· Rapid shifts in top 100 companies across each sector
· Growth and decline in each sector due to the COVID-19 pandemic
Global Condom Market – by Material
Global Condom Market – by Gender
Global Condom Market – by Distribution Channel
· Mass Merchandiser
Global Condom Market – by Geography
· North America
o Rest of Europe
· Asia-Pacific (APAC)
o South Korea
o Rest of APAC
1. Latin America
o Middle East
2. CUPID LIMITED
3. FUJI LATEX Co., Ltd.
4. Guilin Zizhu Latex Products Co., Ltd.
5. Karex Berhad
7. LifeStyles Healthcare Pte Ltd.
8. Mankind Pharma
9. Mayer Laboratories, Inc.
10. Okamoto Global
11. ONE Condoms
12. Reckitt Benckiser Group PLC
13. Sagami Rubber Industries Co., Ltd.
14. TTK Protective Devices Limited.
15. Veru Inc.
Brand awareness is the methodology by which customers are able to recall or recognize a brand (unaided/aided) under several different conditions with respect to the market. These strategies will help the company make people more aware of your brand, especially by targeting relevant, high-quality audiences for the condom market.
Key Questions Answered
· Which region provides more business opportunities for the global condom market in the upcoming years?
· Who is the leading overall condom market, and what strategies have been adopted by them?
· Which segment accounted for the largest condom market share?
· What are the upcoming trends in the global condom market? What impact would these trends make in the coming years for the condom market?
· Which player offering the best product range for the global condom market?
Key Benefits for Stakeholders
· This study presents the analytical description of the condom market analysis along with the current trends and future estimations to describe coming up investment pockets
· The complete condom market opportunity is resolute by knowing profitable trends to gain a stronger foothold
· The report describes insights associated with key drivers, restraints, opportunities, and trends of the global condom market with thorough impact analysis
· The global condom market is quantitatively analyzed from 2017 to 2030 to focus on the monetary ability
· PEST analysis defines the potency of the consumers and suppliers in the global condom market
· Porter’s five forces analysis examines the five forces that make a competitive company while identifying its strength and weakness. The analysis will also identify competition, new entrants in the market, supplier power, buyer power, and threat of substitute products and services in the global condom market
We offer customized reports as per the requirement of clients to fulfill special requirements. We also provide regional and country reports as well.