North America Condom Market: Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentation
North America Condom Market was valued at USD 9.77 Billion in 2023. North America Condom Market size is estimated to grow at a CAGR of 5 % over the forecast period.
Format : PDF | Report ID : SMR_1268
North America Condom Market Definition:
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 North America i.e., US, Canada and Mexico. For each segment, the market sizing and forecasts have been done on the basis of value (in USD Billion).
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North America Condom Market Dynamics:
The North America Condom Market is expected to increase, Due to developing awareness regards to the various secondary effects related to the successive use of preventative pills. Additionally, the rise in several STD patients, government-run projects to disseminate condoms free of charge in secondary schools and colleges, and rising deals of condoms through the web-based channel are among the key elements expected to drive the market through the forecast period. Moreover, the surge in marketing and advertisements for making awareness about condoms and producers' attention to exceptionally measured and line expansion condoms are expected to drive the market through the forecast period. Various marketing strategies and advertisements are likely to fuel the demand for the market through the forecast period.
latex condoms are viewed as the most productive and compelling contraception strategy that aids in the anticipation of HIV, spontaneous pregnancy, and physically communicated diseases (STIs). The health worries among people in general about STDs, HIV/AIDs, and population blasts have been significantly declined with the increase in reception and utilization of condoms by youth couples, sex labourers, and the LGBTQ people group. Proper and long-haul use of condoms can decrease these circumstances. Many examinations have uncovered that starting from the start of the HIV/AIDS awareness, condoms have been useful in preventing 50 million new instances of HIV.
Moreover, the tearing issues of the condoms are expected to decrease the market growth through the forecast period. As well as various types of allergies due to plastic components and latex-made condoms are expected to hamper the market through the forecast period. The governmental promotions about various diseases like STDs and HIV aid are expected to increase the demand for the market. The rise in the spread of sex education through various mediums is expected to drive the market through the forecast period. Thus, the governments are focusing on introducing relationships and sex education to educate young people expected to fuel the demand or the market.
North America Condom Market Segment Analysis:
By Material Type, the Condom Market is segmented into Latex condoms and non-Latex Condoms. Latex condoms hold the largest share in the market. As these types of condoms have excellent stretchability and strength as compared to non-latex materials such as polyurethane. The latex segment is expected to dominate the market through the forecast period Moreover, the various allergies such as urinal infection, and itching shifted the consumer's interest toward non-latex condoms through the forecast period. Thus, the key players are focusing on making safer latex products that do not cause any side effects.
By Products Outlook, The Condom Market is segmented into male and female products. The male condom segment dominated the market in recent years; thus. As there is an increase in awareness about sexual wellness among the consumers. the male segment is expected to dominate the market through the forecast period. the female products are also increasing significantly through the forecast period. The rise in literacy rate among female consumers and increase in awareness about teenage pregnancy is expected to dominate the market through the forecast period. The rise in government promotions regarding sex education is expected to increase the female segment through the forecast period.
North America Condom Market Regional Insights:
The US market is expected to dominate the North America market through the forecast period. As the rise in awareness among consumers about the uses of contraceptives, as these contraceptives are play important role in preventing several diseases. The US market expected to acquire the market share of 454 Mn through the forecast period. The Canada Market is growing at 11.4 % CAGR through the forecast period. And the Mexico market is expected to grow at 10.5% CAGR through the forecast period.
North America Condom Market Key Players Insights:
The objective of the report is to present a comprehensive analysis of the North America Condom Market to the stakeholders in the industry. The report provides trends that are most dominant in the North America 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 North America 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 North America 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 North America 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 North America 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 North America Condom Market. The report also analyses if the North America 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 North America Condom Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the North America Condom Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the North America Condom Market is aided by legal factors.
North America Condom Market Scope:
North America External Blinds Market |
|
Market Size in 2023 |
USD 9.77 Bn. |
Market Size in 2030 |
USD 13.75 Bn. |
CAGR (2024-2030) |
5% |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segment Scope |
By Material Type
|
By Product Outlook
|
|
Country Scope |
United States Canada Mexico |
North America Condom Market Key Players:
- Church & Dwight Co.
- LifeStyles Healthcare Pte Ltd
- Reckitt Benckiser LLC
- Global Protection Corp
- Sir Richard’s Condom Company
- Okamoto USA, Inc.
- Hollender Sustainable Brands
- LLC
- GLYDE America
- Line One Laboratories, Inc. (U.S.A.)
- Caution Wear Corp., etc.
Frequently Asked Questions
US region is expected to hold the highest share in the North America Condom Market.
The market size of the North America Condom Market by 2030 is expected to reach USD 13.75 Billion.
The forecast period for the North America Condom Market is 2024-2030
The market size of the North America Condom Market in 2023 was valued at USD 9.77 Billion.
- Scope of the Report
- Research Methodology
- Research Process
- North America Condom Market: Target Audience
- North America Condom Market: Primary Research (As per Client Requirement)
- North America Condom Market: Secondary Research
- Executive Summary
- Competitive Landscape
- Stellar Competition matrix
- North America Stellar Competition Matrix
- Key Players Benchmarking: - by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
- Mergers and Acquisitions in Industry: - M&A by Region, Value, and Strategic Intent
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- PESTLE Analysis
- PORTERS Five Force Analysis
- Value Chain Analysis
- Stellar Competition matrix
- North America Condom Market Segmentation
- North America Condom Market, By Material Type (2023-2030)
- Latex Condoms
- Non-latex Condoms
- North America Condom Market, By Product Outlook (2023-2030)
- Male Condoms
- Female Condoms
- North America Condom Market, By Distribution Channel (2023-2030)
- Mass Merchandizers
- Drug Stores
- E-commerce
- North America Condom Market, by Country (2023-2030)
- United States
- Canada
- Mexico
- North America Condom Market, By Material Type (2023-2030)
- Company Profiles
- Key Players
- Church & Dwight Co.
- Company Overview
- Product Portfolio
- Financial Overview
- Business Strategy
- Key Developments
- LifeStyles Healthcare Pte Ltd
- Reckitt Benckiser LLC
- Global Protection Corp
- Sir Richard’s Condom Company
- Okamoto USA, Inc.
- Hollender Sustainable Brands
- LLC
- GLYDE America
- Line One Laboratories, Inc. (U.S.A.)
- Caution Wear Corp., etc.
- Church & Dwight Co.
- Key Players
- Key Findings
- Recommendations