Article -> Article Details
| Title | Sexual Wellness Market Overview Global Synopsis, Analysis and Forecast to 2030 |
|---|---|
| Category | Fitness Health --> Health Articles |
| Meta Keywords | Sexual Wellness Market Overview |
| Owner | Vaibhav |
| Description | |
| Sexual Wellness Market Overview The sexual wellness market overview was valued USD 77 billion in 2021
and expected to reach USD 112 Billion by 2030 at CAGR of 4.55% during the
forecast period 2022-2030. Sexual health is experience of physical,
psychological and social cultural related to sexuality. The products such as,
sex toys, condom & contraceptives, sexual enhancement supplements,
lubricants, ointments view as a sexual wellness product that provides enjoyment
in sexual experience and security. Increasing global
prevalence of Sexually Transmitted Diseases (STDs), increase in awareness
regarding sexual health items, and development of e-commerce business are
expected to drive the growth of market. According to the Centers for Disease
Control and Prevention (CDC), in 2017 around 1,708,569 were suffer with
Chlamydia trachomatis infection in US. Similarly, in 2017, around 555,608 were
suffer with gonorrhea and 30,644 were suffer with Syphilis in US. Moreover,
According to World Health Organization (WHO), every year estimated around 357
million new people suffer with sexually transmitted infections (STIs).
Furthermore, according to The Joint United Nations Programme on HIV/AIDS
(UNAIDS), in 2017 estimated that 5.2 million suffer with HIV in Asia-Pacific.
On other hand, side effects due to toxic ingredients in products and product
recalls can restrain the market growth over the assessment period. Major Key
Players: Some of the prominent players in the global Sexual
Wellness Market are LELO (Sweden), Doc Johnson (US), Church & Dwight Co.,
Inc. (US), Ansell Ltd. (Australia), Reckitt Benckiser Group plc (UK),
LifeStyles Healthcare (Australia), Karex Berhad (Malaysia), Veru Inc. (US),
Mankind Pharma (India), and BioFilm IP LLC (US). Segment Analysis The global sexual wellness industry has been segmented into product and distribution channels. Based on product, Sexual Wellness Market is segmented
into sex toys, condom & contraceptives, sexual enhancement supplements,
lubricants, ointments, and others. The sex toys segment is expected to account
for the largest share segment of the market in 2017. Based on distribution channels, Sexual Wellness
Market is segmented into retail and online platforms. The retail segment is
expected to account for the largest share segment of the market in 2017. Retail
segment further sub segmented into drug stores, specialty stores, and others. Regional Analysis Geographically, the Americas is
expected to dominate the global Sexual Wellness Market owing to the presence of
well-established players, increasing prevalence of Sexually Transmitted
Diseases (STDs), increase in awareness regarding sexual health items, and
developed e-commerce business. Europe is expected to hold the second largest
position in the global Sexual Wellness Market Overview. Asia-Pacific is
expected to be the fastest growing market owing to the increasing awareness
about sexual wellness products and supportive sex education programs.
Furthermore, the Middle East and Africa region is expected to account for the
least market share in the global Sexual Wellness Market Overview. About Market Research
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