Condom Market Competitive Landscape & Strategy Framework To 2022 - 2030

The global condom market size was valued at USD 9.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.52% from 2022 to 2030. Rising awareness regarding the use of condoms, the availability of different types of condoms to suit consumer needs, and measures to reduce the spread of HIV and other STIs are likely to boost the market growth during the forecast period. In addition, the free distribution of condoms by government organizations is expected to drive the market.

The government in each country is undertaking initiatives to raise awareness and promote the use of contraceptives in the younger generation to control the epidemic of HIV and other STIs and avoid unintended pregnancies. To achieve their UNAIDS 2020 target, which demands that 90% of all the people living with HIV know of their HIV status, 90% of all the people with HIV infection will receive sustained antiretroviral therapy and 90% of all people receiving antiretroviral therapy will have viral suppression.

Gather more insights about the market drivers, restrains and growth of the Global Condom market

Participant countries are proactively promoting condom use, along with providing adequate sex education to the youth. Free condom distribution by governments with the aid of UNFPA and other organizations is expected to increase the use of condoms in rural areas.

When used correctly, male condoms are 98% effective in preventing pregnancy and sexually transmitted infections including HIV. According to United Nations Programme on HIV/AIDS (UNAIDS), consistent and correct use of condoms provides effective protection against unplanned pregnancies and STDs. International and government healthcare bodies such as World Health Organization (WHO) and the Center for Disease Control and Prevention (CDC)are playing a significant role in raising awareness regarding safe sex by using condoms. This has effectively increased the use of condoms among sexually active couples in the past decade.

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Condom Market Segmentation

Grand View Research has segmented the global condom market based on material type, product, distribution channel, and region:

Condom Material Type Outlook (Revenue, USD Million, 2017 - 2030)

• Latex Condoms
• Non-latex Condoms

Condom Product Outlook (Revenue, USD Million, 2017 - 2030)

• Male Condoms
• Female Condoms

Condom Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Mass Merchandizers
• Drug Stores
• E-Commerce

Condom Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Market Share Insights

January 2019 - A female condom was given a genderless rebranding by the FDA and was assigned a generic name “single-use internal condom.” It was classified as an over-the-counter device. The World Health Organization (WHO) has set a stringent prequalification procedure for female condoms which has been cleared by very few companies leaving huge scope for companies in this market. 

November 2020 - Karex Berhad acquired the remaining 30% stake in the U.S. condom firm GP, thus owing 100% of GP. Private companies such as LifeStyles Healthcare Pte. Ltd. and Cupid Limited have a significant presence globally. Cupid Limited exports male & female condoms in almost 66 countries around the world, aiming to expand of product portfolio & market presence.

Key Companies profiled:

Some prominent players in the global Condom market include

• Church & Dwight Co., Inc.
• Fuji Latex Co., Ltd.
• Reckitt Benckiser Group
• Karex Berhad
• Lelo
• LifeStyles Healthcare Pte Ltd.
• Veru, Inc.
• Mayer Laboratories, Inc.
• Okamoto Industries, Inc.
• Cupid Limited

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