The increasing number of sexual wellness initiatives and crowdfunding campaigns to drive the market growth
(PRUnderground) November 21st, 2023
The Sexual Wellness Market size is set to grow by USD 46.47 billion from 2022 to 2027, according to Technavio. Increasing sexual wellness initiatives and crowdfunding campaigns are the key drivers of market growth. These initiatives promote sexual health awareness through products like erotic lingerie, condoms, contraceptives, and sex toys, focusing on disease prevention. Crowdfunding aids in launching updated female sex toys, while initiatives like Healthy Native Youth facilitate discussions on sexual health. Overall, these efforts encourage sex toy usage, increase sales, and boost growth in the global sexual wellness market. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the sexual wellness market in optimistic, probable, and pessimistic forecast scenarios. Buy the report
Sexual Wellness Market 2023-2027: Segmentation
- Product
- Sex Toys
- Condom And Contraceptive
- Erotic Lingerie
- Personal Lubricants
- Others
- Distribution Channel
- Offline
- Online
- Geography
- North America
- Europe
- APAC
- South America
- Middle East And Africa
The sex toys segment is expected for substantial growth in market share during the forecast period. This growth is attributed to shifting societal perceptions, leading to an expanding market for sex toys. Furthermore, increased visibility and acceptance of sex toys in mainstream media have contributed to their wider societal acceptance.
Detail Insights on impact of each segment and make informed business decisions, download the sample report now
Sexual Wellness Market 2023-2027: Company Analysis and Scope
Some of the major companies of the sexual wellness market include Adam and Eve Stores, Bad Dragon Enterprises Inc., Bijoux Indiscrets SL, BMS Factory, Church and Dwight Co. Inc., Doc Johnson Enterprises, Good Clean Love Inc., Hot Octopuss Ltd., Karex Berhad, KESSEL medintim GmbH, LELOi AB, Lovehoney Group Ltd., Luvu Brands Inc., Mayer Laboratories Inc., Okamoto Industries Inc., Panacea Biotec Ltd., Reckitt Benckiser Group Plc, TENGA Co. Ltd., Veru Inc., and The Aneros Co. To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 companies operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the sexual wellness market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
The report also covers the following areas:
The sexual wellness market is fragmented, and the degree of fragmentation will accelerate. The increasing number of sexual wellness initiatives and crowdfunding campaigns will offer immense growth opportunities. However, the Possible side effects for certain skin type will hamper the sexual wellness market growth.
Sexual Wellness Market 2023 – 2027: Market dynamics
Leading trends influencing the market
- Increasing awareness of sex toys’ health benefits, notably aiding vaginal tissue flexibility post-gynecological surgery and childbirth, is a primary trend in the sexual wellness market.
- Women opt for sex toys to prevent vaginal dryness, reducing the risk of atrophy, painful sex, and conditions like vulvar pain.
- Medical dilators and vibrators in various sizes address involuntary muscle contractions around the vaginal opening, offering therapeutic benefits.
- Sex toys present men with erectile dysfunction options like cock rings, penis pumps, and contraction bands to facilitate achieving orgasm.
Download the sample report now for information on the Sexual Wellness Market challenges.
Sexual Wellness Market 2023-2027: Key Highlights
- CAGR of the market during the forecast period 2023-2027
- Detailed information on factors that will assist sexual wellness market growth during the next five years
- Estimation of the sexual wellness market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the sexual wellness market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of sexual wellness market vendors
Download now to uncover successful business strategies deployed by Companies of sexual wellness market – Download Latest Free Sample Report in Minutes
Related reports
Online Sex Toys Market: The online sex toys market size is estimated to grow at a CAGR of 12.45% between 2022 and 2027. The market size is forecast to increase by USD 13.40 billion.
Condom Market: The condom market is projected to increase by USD 5,117.84 million, and the market size is estimated to grow at a CAGR of 9.68% between 2022 and 2027. In 2017 the size of the market was valued at USD 5,874.06 million.
TOC
- Executive Summary
- Market Landscape
- Market Sizing
- Historic Market Size
- Five Forces Analysis
- Market Segmentation by Product
- Market Segmentation by Distribution Channel
- Customer Landscape
- Geographic Landscape
- Drivers, Challenges, and Trends
- Company Landscape
- Company Analysis
- Appendix
About Technavio Research
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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