Europe Condom Market: Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentation

Europe Condom Market Definition:

 

According to MMR research, male condoms are 97% compelling in preventing pregnancy and Sexually Transmitted Infections (STIs) including HIV. Thus, the use of male condoms during sex is promoted by most government and medical care associations on a world scale. government medical care bodies like the World Health Organization (WHO) and the Centres for Disease Control and Prevention (CDC) play a critical part in making awareness regarding sex education and its benefits. These factors are expected to drive the market through the forecast period.

 

Further, the Condom Market is segmented by Material Type, Product Outlook, Distribution Channel and geography. On the basis of Material Type, the Condom Market is segmented under Latex Condoms, Non-latex Condoms. Based on the Product Outlook, the Condom Market is segmented under Male Condoms, Female Condoms. On the basis of Distribution Channel, Mass Merchandizers, Drug Stores, E-commerce. By geography, the market covers the major countries in Europe i.e., Italy, Germany, United Kingdom, Russia, France and Rest of Europe for each segment, the market sizing and forecasts have been done on the basis of value (in USD Billion).

 

 

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Europe Condom Market Dynamics:

 

Governments in various countries are promoting the use of condoms to increase the utilization of contraceptives at a more youthful age to control the plague of HIV and other STIs and to assist with keeping away accidental pregnancies. The Joint United Nations Program on HIV/AIDS (UNAIDS) 2020 objective, requests that 90% of the multitude of individuals living with HIV know about their HIV status, 90% of the multitude of individuals with HIV disease will get supported antiretroviral treatment, and 90% surprisingly getting antiretroviral treatment will have viral concealment, member nations are proactively advancing condom use alongside giving sufficient sex training to the young.

 

The rise in online shopping, as well as emerging nations, is supposed to build access and conveyance of condoms. this is expected to fuel the demand for the market. With developing web entrances and cell phones, the online business area has seen noticeable development in different business sectors. Central members working in the sexual health industry are likewise increasing their presence on web-based retail channels. Merchants, providers, and retailers are using their sites to arrive at a bigger client base. these factors are expected to assist the Europe Condom Market through the forecast period.

 

Europe acquire the second-largest share in the market followed by North America because of the rising interest by lesbians, sex labourers, and men who have intercourse with men (MSM). European countries like the U.K., Germany, France, and Italy are among the countries with the greatest income shares. Government drives are empowering the use of contraceptives among the more youthful age in these countries to decrease the transmission of HIV. these factors are expected to drive the market through the forecast period. For instance, in November 2018, the France Ministry of Health reported the repayment of the cost of condoms endorsed by specialists as a drive to control HIV and Aids. The German region is dominated the market in recent years. The UK market is expected to grow at 7.8% CAGR through the forecast period. The France market is expected to grow at 10.2 % CAGR through the forecast period.

 

 Europe Condom Market Segment Analysis:

 

By Material Type, the Condom Market is segmented into Latex condoms and non-Latex Condoms. The Latex condoms are expected to grow through the forecast period. And latex condoms have dominated the market, as the latex segment holds the largest share in the market. Moreover, these types of condoms have excellent stretchability and strength as compared to non-latex condoms. However, as latex condoms are rubber-based products, they led to itching and urinal infection which is expected to hinder the market through the forecast period. 

 

 

By-Products Outlook, The Condom Market is segmented into male and female products. The male segment is expected to dominate the market through the forecast period. As there is an increase in awareness about sex education and sexual wellness. The female segment is growing significantly as the rise in awareness of female consumers is also due to an increase in teenage pregnancy cases the demand for the market is increased. The surge in government promotions on various platforms such as television and social media expected to drive the market

 

Europe Condom Market Regional Insights:

 

The German market is expected to dominate the Europe Condom Market through the forecast period. German region has acquired a market value of 351.8 million UK market is witnessing significant growth with a CAGR of 7.7 % through the forecast period. Moreover, the France region is expected to grow at 10.2 % CAGR through the forecast period. As there is a rise in awareness among the consumers and an increase in sexual wellness driving the Europe market.

 

Europe Condom Market Key Players Insights:

 

The objective of the report is to present a comprehensive analysis of the Global Europe Condom Market to the stakeholders in the industry. The report provides trends that are most dominant in the Global Europe Condom Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Global Europe Condom Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Global Europe Condom Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Global Europe Condom Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Global Europe Condom Market.

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Global Europe Condom Market. The report also analyses if the Global Europe Condom Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Global Europe Condom Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Europe Condom Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Global Europe Condom Market is aided by legal factors.

 

Europe Condom Market Scope:

Europe Condom Market
Market Size in 2023	US 3.37 Bn.
Market Size in 2030	USD 6.17 Bn.
CAGR (2024-2030)	9 %
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By Material Type   Latex Condoms Non-latex Condoms
	By  Product Outlook   Male Condoms Female Condoms
Country Scope	UK  France Germany Italy  Spain  Sweden Austria and Rest of Europe

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Europe Condom Market Key Players: 

• Karex Berhad
• Reckitt Benckiser Group PLC
• Church and Dwight Co., Inc.
• LELO AB
• Lifestyles Healthcare Pte. Ltd.
• Veru, Inc.
• Mayer Laboratories, Inc.
• Okamoto Industries, Inc.
• Cupid Limited
• Fujilatex Co., Ltd.