Condom Market to Reach $26.3 billion, Globally, by 2035 at 5.8% CAGR: Allied Market Research

Customers' need for more comfort and pleasure is projected to surge the demand for ultra-thin, textured, and flavored condoms. Among tech-savvy consumers, smart condoms with performance-tracking capabilities might also gain popularity.

WILMINGTON, Del., March 13, 2025 /PRNewswire/ -- Allied Market Research published a report, titled, "Condom Market by Type (Latex, Non Latex), and Distribution Channel (Drug Stores or Pharmacies, Supermarkets and Hypermarkets, E commerce, Others): Global Opportunity Analysis and Industry Forecast, 2024-2035". According to the report, the global condom market size was valued at $13.5 billion in 2023, and is projected to reach $26.3 billion by 2035, growing at a CAGR of 5.8% from 2024 to 2035.

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Prime determinants of growth

Government programs encouraging contraception, growing concerns about STIs, and increased sexual health knowledge are the main factors driving the condom business. Particularly in emerging nations, the increased focus on population control and family planning feeds demands even more. The industry is growing due to innovations including eco-friendly, textured, and ultra-thin condoms that satisfy changing consumer preferences. The growing popularity of digital marketing and e-commerce has increased the consumer base by making condom purchases more discreet and accessible. Female condoms and non-latex substitutes are also being introduced to promote inclusivity and product diversity. However, there are obstacles, such as cultural shame and competition from alternative forms of birth control. Despite this, it is anticipated that technological advancements, sustainability trends, and ongoing government support will propel consistent market growth on a global level.

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The latex segment to maintain its leadership status throughout the forecast period

By type, the latex segment held the highest market share in 2023, accounting for nearly four-fifths of the condom market share and is estimated to maintain its leadership status throughout the forecast period. The latex condom market dominates due to its affordability, elasticity, and effectiveness in preventing STIs and pregnancies. The non-latex segment, however, showcases the fastest CAGR of 6.3% during the forecast period. The rise in demand for non-latex alternatives is growing due to allergies and sensitivity concerns.

The drug stores or pharmacies segment to maintain its leadership status throughout the forecast period

By distribution channel, the drug stores or pharmacies segment held the highest market share in 2023, accounting for nearly two-fifths of the condom market share and is estimated to maintain its leadership status throughout the forecast period. Drug stores and pharmacies remain key distribution channels for condoms, offering easy accessibility, trusted brands, and pharmacist recommendations, making them a preferred choice for consumers seeking discreet and reliable contraceptive solutions. The e-commerce segment, however, showcases the fastest CAGR of 6.9% during the forecast period. E-commerce is transforming the condom market by enabling discreet purchasing, offering subscription models, and expanding product accessibility. Digital marketing and online platforms enhance consumer engagement, driving sales growth globally.

Asia-Pacific to maintain its dominance by 2035

Based on region, Asia-Pacific held the highest market share in terms of revenue in 2023 and is likely to dominate the market during the forecast period. This region is expected to witness the fastest CAGR of 6.0% from 2024-2035. The Asia-Pacific condom market is expanding due to rising sexual health awareness, government-led contraception programs, and growing demand in countries like China, India, and Japan, driven by population growth and STI prevention initiatives.

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Leading Market Players: -

• Ansell Ltd.
• Reckitt Benckiser Group PLC
• Karex Industries Sdn. Bhd.
• Graphic Armor LLC
• Church and Dwight Co. Inc.
• HLL Life Care Ltd.
• Fuji Latex Co. Ltd
• Sagami Rubber Industries
• Mankind Pharma Ltd.
• Cupid Ltd.

The report provides a detailed analysis of these key players in the trampoline market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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