Home > Healthcare > Medical Devices > Medical Supplies > Condom Market
Natural condom market accounted for over 93% of revenue share in 2022 and is expected to gain significant traction from 2023-2032. The increasing preference for organic and eco-friendly products has made way for the rising demand for condoms made from natural materials, such as latex derived from sustainable sources. Latex condoms have been extensively studied and proven to be highly effective and are compatible with both water-based and oil-based lubricants, offering versatility in personal lubrication choices, contributing to the market development.
Male condoms market is estimated to witness considerable growth and reach over USD 17 billion by 2032. The rising demand for male condoms can be ascribed to their increasing popularity as one of the most effective forms of contraception when used correctly and consistently. The reliability, affordability, ease of use and effectiveness of male condoms make them a popular choice among users. Additionally, the rollout of favorable government initiatives will influence market growth. For instance, in December 2022, the President of France declared that condoms will be available for free at pharmacies for everyone aged below 25.
Condom market size from the retail segment recorded substantial growth in 2022 and is estimated to reach over USD 6 billion by 2032. Retail outlets, including pharmacies, supermarkets, adult shops, and convenience stores serve as essential channels for condom sales and distribution. Such stores typically have dedicated sections or shelves specifically for sexual health products, that include various brands and different types of condoms. The widespread presence of retail stores with a variety of condoms to allow customers to purchase conveniently and discreetly will also support the segment expansion.
North America held considerable share of the condom market in 2022 and is anticipated to reach over USD 1.5 billion by 2032 owing to the rise in incidences of STIs. Of late, the LGBTQ+ community across the region has been instrumental in promoting the use of condoms and safe sex practices, adding to the product demand. Moreover, the presence of major condom manufacturers, innovative product offerings, easy availability of condoms at retail stores, and the endorsement of safe sex by healthcare professionals and organizations will propel the regional market trends.