Europe Condom Market was worth USD xx million in 2020, and it is foreseen to reach USD xx million by the end of 2026, rising with an annual expansion rate (CAGR) of xx% between 2021 and 2026.
Condoms are microscopic barriers, usually made of rubber or polyurethane (plastic), that are used to prevent sexually transmitted infections and diseases like HIV, which can cause AIDS during intercourse. It also stops the movement of sperm, which helps prevent unwanted pregnancy. By using a condom, one can share responsibility for safer sex and contraception. There are many different types of condoms available on the market, such as male and female condoms with different functions and flavors.
Market Growth
As the market grows in popularity and innovation increases, the demand for Condoms in Europe will increase in the coming years.
Recent Developments
In June 2018, Thai Nippon Rubber Industry Public Company Limited, a manufacturer and distributor of natural latex rubber condoms and lubricants, obtained an exclusive global license from Playboy Enterprises International, Inc. to manufacture and distribute the Playboy brand condoms and lubricants.
Drivers
The increasing popularity of sex education in the school curriculum is the factor driving the Europe Condom market. Sex education is now prevalent in many different forms in many countries. This training teaches participants about sexual activity, human sexual anatomy, safe sex, contraception, reproductive health, and many other sex-related topics. Sex education is done mainly at the adolescent level. However, adult sex education is widespread in many areas. Therefore, the spread of the concept of safe sex through these education programs is promoting the European condom market. The Europe Condom market is expected to grow in the forecast due to factors such as increased awareness of sexually transmitted diseases (STDs) and HIV, increased use of contraceptives around the region, and the possibility of using multiple condoms across the Europe Condom. Compared to other contraceptive options for pregnancy and sexually transmitted diseases, condoms have a better chance of protecting users from sexually transmitted diseases, including HIV. Growing awareness among teens about sexually transmitted diseases and HIV has led to an increase in the use of this pill around the Europe. Latex condoms are the most effective contraceptive methods to protect against unplanned pregnancy, HIV, and sexually transmitted infections. Furthermore, national programs aimed at sensitizing the population of developing countries are likely to provide important opportunities for this business growth.
Restraints
Some myths about condom use, alternative contraceptive methods, and social stigma in emerging economies are some of the key factors holding back the growth of the Europe Condom market.
By type of material, the Europe Condom market is segmented into latex, PU leather, polyisoprene, and polyurethane. In 2020, the latex segment had the largest market share due to its wide availability and low price. Latex condoms have been found to be 82% to 98% effective, which is why most brands offer latex condoms. Non-latex condoms made from polyisoprene are also gaining popularity because they are mostly preferred by people with latex allergies.
By gender, the Europe Condom market is segmented as male and female condoms. The male condoms segment is supposed to dominate the market in 2021. This is because most of the market is focused on the manufacture of products for men. Female condoms are increasingly used to reduce the risk of sexually transmitted diseases and unintended pregnancy. The adoption of female condoms is increasing in developed countries such as Germany, the United Kingdom, and France.
Based on the product, the regional market is mainly bifurcated into a natural condom and a synthetic condom.
On the basis of distribution channels, the European Condom market is segmented offline and online. The drug stores in the offline segment accounted for the largest share in 2020. This growth may be due to factors such as ease of availability and greater accessibility to pharmacies. On the other hand, e-commerce platforms are supposed to grow at the fastest pace in the market as Internet penetration increases in provincial countries.
The Coronavirus crisis is likely to accelerate trends that are already shaping the market, such as the rise of the global middle class and the use of e-commerce. Online retailers are seeing increased interest as home consumers seek retail alternatives. Some gender-wellness brands and retailers poised to expand their inventory and shipping operations are reporting e-commerce sales twice as high as pre-COVID-19 levels, which is acting positively for the condoms business.
Regional Analysis
Europe stood second in business value due to the growing demand from the LGBT community. European countries such as France, the United Kingdom, Germany and Italy are among the countries with the largest market share. In these countries, government initiatives are being implemented to promote the use of contraceptive pills among the young population to prevent HIV infection. For example, in November 2018, the French Ministry of Health announced that it would reimburse doctors for condom prescriptions as an initiative to control HIV and AIDS. The rise of HIV/AIDS and sexually transmitted diseases, the rise of LGBT communities, the increase in the use of contraceptives to prevent unintended pregnancies, and the increase in awareness of the younger population about sexual health are some of the factors driving condom adoption in Europe. In many countries, condom distribution plans are implemented by governments and health organizations. In the UK, there are various distribution schemes targeting teenagers and adolescents to encourage condom use. However, there are significant gaps in the promotion and distribution of these contraceptives in high-risk countries in Eastern Europe.
Leading Companies
Key players operating in the Europe Condom market are Reckitt Benckiser Group Plc, Ansell Ltd, Reckitt Benckiser Group, Sagami Rubber Industries, HLL Lifecare, Graphic Armor LLC, Okamoto Industries, Church & Dwight, and Guilin Latex.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Condom Market, By Product
6.1.1 Natural
6.1.2 Synthetic
6.1.3 Market Size Estimations & Forecasts (2021-2026)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Condom Market, By Material
6.2.1 Latex
6.2.2 PU Leather
6.2.3 Polyisoprene
6.2.4 Polyurethane
6.2.5 Market Size Estimations & Forecasts (2021-2026)
6.2.6 Y-o-Y Growth Rate Analysis
6.2.7 Market Attractiveness Index
6.3 Condom Market, By Gender
6.3.1 Male
6.3.2 Female
6.3.3 Market Size Estimations & Forecasts (2021-2026)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
6.4 Condom Market, By Distribution
6.4.1 Offline
6.4.2 Online
6.4.3 Market Size Estimations & Forecasts (2021-2026)
6.4.4 Y-o-Y Growth Rate Analysis
6.4.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Product
7.2.3 By Material
7.2.4 By Gender
7.2.5 By Distribution
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Product
7.3.3 By Material
7.3.4 By Gender
7.3.5 By Distribution
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Product
7.4.3 By Material
7.4.4 By Gender
7.4.5 By Distribution
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Product
7.5.3 By Material
7.5.4 By Gender
7.5.5 By Distribution
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Product
7.6.3 By Material
7.6.4 By Gender
7.6.5 By Distribution
8. Key Player Analysis
8.1 Church & Dwight
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Fujilatex
8.3 Reckitt Benckiser Group
8.4 Veru
8.5 Okamoto Industries
8.6 Mayer
8.7 Cupid Limited
8.8 Karex Berhad
8.9 Mankind Pharma
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
