Condom Market

Condom Market - Global Industry Insights, Trends,
Outlook, Opportunity Analysis, 2018-2026
Condom is a sheath shaped barrier used during sexual intercourse to reduce the
chances of pregnancy and protect against sexually transmitted diseases. World
Health Organization listed condoms as essential for health systems. Use of condoms
reduces the risk of diseases such as chlamydia, trichomoniasis, gonorrhea, hepatitis
B and Human Immunodeficiency Virus (HIV).
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Increasing awareness regarding sexually transmitted diseases and public health and
promotional campaigns creating regarding advantages of condoms against
unwanted pregnancy are boosting growth of the condom market. Increasing
concerns regarding family planning pose as a major factor driving demand for
condoms. Innovation in female and male condoms such as anti-ejaculation
chemicals are increasing customer interest. According to Centre for Young Women’s
Health (CYWH), female condoms offer around 95% accuracy for contraception
effectiveness and barrier to various sexually transmitted diseases. This has
increased the demand for female condoms, which in turn is propelling growth of the
condom market. Several myths regarding the use of condoms, alternative methods
of contraception, and social stigmas in emerging economies are some of the major
factors restraining growth of the condom market.
Global Condom Market Outlook:
Asia Pacific is the dominant region in the global condom market. Asia Pacific
comprises of economies with largest population such as China, India, and Indonesia,
which in turn contributes to growth of the global condom market in the region. China
has a large market for condom manufacturing and brand enterprising. According to
China National Centre for STD/AIDS Prevention and Control, in 2014, around
501,000 people suffered from HIV, from which around 21000 people die of the
disease. The government of China has supported efforts to prevent the spread of
AIDs and sexually transmitted diseases. This boosts growth of the market in China.
Increasing awareness about sexually transmitted diseases, family planning
campaigns, and brand advertisements are some of the major drivers expected to fuel
growth of the condom market in Asia Pacific over the forecast period.
North America accounts for a major share in the condom market. The U.S., Canada,
and Mexico are major economies in manufacturing condom. According to study
conducted by Centre for Disease Control and Prevention (CDC) between the year
2012 to 2014, the most popular form of contraception in the U.S. is condom, with its
use recorded to be higher among the age group of 15 years -19 year, than 33 years 44 years age group. Despite the increased use of condoms, the STIs rate is rapidly
increasing. Over 4.5 hundred million condoms are sold annually in the U.S.
Governments and high schools are playing an important role in educating students
and creating awareness about STIs and contraception.
The U.S Agency for International Development (USAID), has centrally financed
female and male condoms as per the U.S. President’s Emergency Plan for AIDS
Relief (PEPFAR). This enables several economies to make condoms available to
vulnerable and poor individuals for highly subsidized prices. Over 770 million female
and male condoms are provided to 37 economies in USAID’s Asia, Latin America,
and Africa.
In February 2017, Reckitt Benckiser acquire Mead Johnson Nutrition manufacturers
Enfa food. Reckitt Benckiser is a leading brand for Durex condom, Dettol, Lysol
cleaner, and Mucinex cough remedy, while Mead Johnson is the world’s third largest
baby food company. By acquisition with Mead Johnson, Reckitt Benckiser raises its
standing among many multinationals such as Nestle, Unilever, and Procter &
Gamble, by adding Enfant food to its large portfolio in household products.
Key Market Players in the Global Condom Market:
Some of the major key market players operating the global condom market include
Ansell Ltd (Richmond, Australia), Reckitt Benckiser Group Plc (England), Sagami
Rubber Industries, Reckitt Benckiser Group, Karex Industries Sdn. Bhd (Johor,
Malaysia), Graphic Armor LLC, Thai Nippon rubber Industru Co. Ltd (Sathon,
Bangkok), Church & Dwight, Okamoto Industries, HLL Lifecare, and Guilin Latex.
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Asia Pacific is the dominant region in the global condom market. Asia Pacific comprises of economies with largest population such as China, India, and Indonesia, which in turn contributes to growth of the global condom market in the region.

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