According to a new report published by UnivDatos Markets Insights, the Sexual wellness Market is expected to grow at a CAGR of around 5.6% from 2022-2028. The analysis has been segmented into Product (Sex Toys, Condoms, Sexual Lubricants, Lingerie, And Others); Sales Channel (Wholesalers/Distributors, Online Retailers, Specialty Stores, Supermarkets/ Hypermarkets, Others; Region/Country.
Access sample report (including graphs, charts, and figures): https://univdatos.com/get-a-free-sample-form-php/?product_id=32752
The sexual wellness market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the sexual wellness market. The sexual wellness market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the sexual wellness market at the global and regional levels.
Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://univdatos.com/report/sexual-wellness-market/
Market Overview
Sexual wellness is a state of sexual well-being, it may be said that they are feeling fulfilled on the physical, emotional, and social levels in relation to their sexual needs and desires. The accessibility of sexual wellness goods helps to advance the goals of increasing physical enjoyment and improving safety during sexual activity as well as lowering the chance of obtaining dangerous illnesses like HIV and other STDs.
The Sexual Wellness Market is expected to grow at a steady rate of around 5.6% owing to the rising consumer awareness of sexual wellness products. In addition, various health agencies and central governments undertaking their own efforts to improve women’s health in disadvantaged countries further contribute to the growth structure of the market. For instance, in 2021, Healthy Native Youth announced a sexual health program for American Indian and Alaska Native (AI/AN) youth. Moreover, Sexual awareness and well-being initiatives like this, along with crowdfunding campaigns, will boost the growth of the global sexual well-being market.
Some of the major players operating in the market include Reckitt Benckiser Group PLC, Kessel Medintim GmbH, Church and Dwight Co., Inc., Hot Octopuss Limited, TENGA Co., Ltd., Karex Berhad, Bijoux Indiscrets, Adam & Eve Stores, California Exotic Novelties, LLC, Doc Johnson Enterprises.
COVID-19 Impact
Due to travel limitations and the projected dismal financial performance of market players in 2020, the spread of the COVID-19 pandemic has hurt the sexual wellness industry. Moreover, numerous changes have occurred in the market for sexual health as a result of the COVID-19 epidemic. The use of condoms has soared while demand for sex toys and other items has temporarily reduced. However, sex toys and vibrators are now commonly used by people all over the world to satiate their sexual needs. The supply chain execution, regulatory and policy changes, labor reliance, working capital management, and liquidity and solvency management are all major concerns for sexual wellness manufacturers are being caused by the virus globally. Worldwide, governments have issued directives to promote partner sex that is secure during the lockdown.
The global sexual wellness market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
- Based on type, the market is segmented into sex toys, condoms, sexual lubricants, lingerie, and others. The sex toys category is to witness a significant share during the forecast period owing to the growing usage and sales of sex toys. Sex toys can help relieve menopausal issues such vaginal atrophy, vaginal pain, and vaginismus. Menopause night sweats and increased sleep were two unanticipated benefits of sex toy use, according to studies on menopausal women.
- On the basis of the sale channel, the market is categorized into wholesalers/distributors, online retailers, specialty stores, supermarkets/ hypermarkets, and others. Among these, online retailers to hold a significant share in the market in 2020. This is mainly due to the online condom sales are rising as a result of a lack of variety and unwillingness to buy them in person. In addition, People spend more money when purchasing condoms online than they do in-store since it’s easier and more convenient than making a shop purchase. Condoms can cost up to 58% more in retail than online for a three-pack.
Access sample report (including graphs, charts, and figures): https://univdatos.com/get-a-free-sample-form-php/?product_id=32752
Sexual wellness Market Geographical Segmentation Includes:
- North America (United States, Canada, and Rest of North America)
- Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)
- Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)
- Rest of the World
North America is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing prevalence of young men and women who have both experimented with and explored their sexuality as a result of liberalization and the rising number of people embracing their sexuality. Moreover, modern personal care items now include adult vibrators to encourage healthy sex. The expansion of the sexual wellness market is anticipated to be driven by rising spending power and rising standards of living in developing economies over the forecast period. For instance, in November 2020, Karex Bhd declared it was acquiring the final 30% of Global Protection Corp. (GP). By using GP products, the acquisition allowed Karex to completely profit from the production and distribution of GP products, which increased the group’s market share at the top of the international sexual wellness industry.
The major players targeting the market include
- Reckitt Benckiser Group PLC
- Kessel Medintim GmbH
- Church and Dwight Co., Inc.
- Hot Octopuss Limited
- TENGA Co., Ltd.
- Karex Berhad
- Bijoux Indiscrets
- Adam & Eve Stores
- California Exotic Novelties, LLC
- Doc Johnson Enterprises
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Sexual wellness market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://univdatos.com/report/sexual-wellness-market/
Key questions resolved through this analytical market research report include:
- What are the latest trends, new patterns, and technological advancements in the sexual wellness market?
- Which factors are influencing the Sexual wellness market over the forecast period?
- What are the global challenges, threats, and risks in the sexual wellness market?
- Which factors are propelling and restraining the sexual wellness market?
- What are the demanding global regions of the sexual wellness market?
- What will be the global market size in the upcoming years?
- What are the crucial market acquisition strategies and policies applied by global companies?
Table of Content-
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 IMPACT OF COVID-19 ON THE SEXUAL WELLNESS MARKET
6 SEXUAL WELLNESS MARKET REVENUE (USD BN), 2020-2028F
7 MARKET INSIGHTS BY PRODUCT
8 MARKET INSIGHTS BY SALES CHANNEL
9 MARKET INSIGHTS BY REGION
10 SEXUAL WELLNESS MARKET DYNAMICS
11 SEXUAL WELLNESS MARKET OPPORTUNITIES
12 SEXUAL WELLNESS MARKET TRENDS
13 DEMAND AND SUPPLY-SIDE ANALYSIS
14 VALUE CHAIN ANALYSIS
15 COMPETITIVE SCENARIO
16 COMPANY PROFILED
17 DISCLAIMER
We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.
About UnivDatos Market Insights (UMI)
Browse Other Related Research Reports from UnivDatos Market Insights
- Herbal Supplements Market
- Contraceptive Drugs and Devices Market
- Lubricants Market
- Women Health Diagnostics Market
- Female Fertility and Pregnancy Rapid Test Market
About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
Contact
UnivDatos Market Insights
Ankita Gupta
Director Operations
Ph: +91-7838604911
Email: Ankita.gupta@univdatos.com
Website: https://univdatos.com/