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Sex Toys Market Trends

Report ID: GMI5613
Published Date: May 2023
Report Format: PDF

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Sex Toys Market Trends

Technological advancements towards development of more sophisticated and innovative products that enhance the user's sexual experience. Many sex toys now come with companion apps that allow users to control the toy remotely, customize vibration patterns, and track usage statistics. Some of the key technological advancements in sex toys include introduction of virtual reality (VR) and augmented reality (AR) sex toys, smart sex toys, teledildonics, and others are anticipated to change the landscape of the market in the upcoming years.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

The market for sex toys was valued at more than USD 22 billion in 2022 and will reach over USD 50 billion by 2032.

Vibrators segment will reach over USD 16 billion by the end of 2032 due to increased consumer interest in sex and related activities.

North America sex toys market will grow at 8.4% CAGR between 2023 to 2032. This is attributed to the large presence of manufacturers and distribution channels across the region.

Reckitt Benckiser Group Plc, LELO, Lifestyles Healthcare Pte Ltd, DOC Johnson Enterprises, Lovehoney Group Ltd, Tenga CO., LTD, Fun Factory, WE-VIBE Ltd, and PinkCherry are some of the major manufacturers of sex toys.