Market revenue in 2023 | USD 138.3 million |
Market revenue in 2030 | USD 269.3 million |
Growth rate | 10% (CAGR from 2023 to 2030) |
Largest segment | Latex |
Fastest growing segment | Non-latex |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Latex, Non-latex |
Key market players worldwide | Reckitt Benckiser Group PLC, Church & Dwight Co Inc, Veru Inc, Pasante Healthcare, Mankind Pharma, Sagami Rubber Industries, Fuji Latex, karex, Okamoto Industries, LELO, TruArc Partners, Cupid, JOM Group |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to condom market will help companies and investors design strategic landscapes.
Latex was the largest segment with a revenue share of 90.09% in 2023. Horizon Databook has segmented the Argentina condom market based on latex, non-latex covering the revenue growth of each sub-segment from 2018 to 2030.
The nation has for a long time faced the challenge of high prevalence of HIV infection, for which condom acts as a preventive measure. As of 2019, there were 140,000 individuals infected with HIV living in Argentina.
Manufacturers are introducing innovative products to support the promotion of the use of condoms and as a contraceptive measure empowering women to plan how they grow their families. For instance, in April 2019, Tulipan Argentina launched Consent Condom, which requires four hands (two individuals) to simultaneously open the sides of the packaging to access the condom, ensuring the “consent” of both partners.
However, such initiatives have a limited impact due to reduced condom usage in the country. Argentina is facing economic challenges such as devaluation of the Argentine Peso (ARS) and increasing rate of inflation, which reached 46.3% in April 2021.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina condom market , including forecasts for subscribers. This country databook contains high-level insights into Argentina condom market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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