Argentina Condom Market Size & Outlook, 2023-2030
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Argentina condom market highlights
- The Argentina condom market generated a revenue of USD 138.3 million in 2023 and is expected to reach USD 269.3 million by 2030.
- The Argentina market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, latex was the largest revenue generating material type in 2023.
- Non-latex is the most lucrative material type segment registering the fastest growth during the forecast period.
Condom market data book summary
| 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 |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.2% of the global condom market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil condom market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 269.3 million by 2030.
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Condom Market Scope
Condom Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| JOM Group | View profile | 11-50 | Hamburg, Hamburg, Germany, Europe | https://www.jom-group.com/ |
| Cupid | View profile | 51-100 | Nasik, Maharashtra, India, Asia | https://www.cupidlimited.com |
| TruArc Partners | View profile | 11-50 | New York, New York, United States, North America | https://truarcpartners.com/ |
| LELO | View profile | 251-500 | Stockholm, Stockholms Lan, Sweden, Europe | https://www.lelo.com/ |
| Okamoto Industries | View profile | 1001-5000 | Hongo, Tokyo, Japan, Asia | https://www.okamoto-inc.jp/ |
| karex | View profile | 1001-5000 | Port Klang, Selangor, Malaysia, Asia | https://www.karex.com.my/ |
| Fuji Latex | View profile | 251-500 | Tokyo, Tokyo, Japan, Asia | https://www.fujilatex.co.jp/en/ |
| Sagami Rubber Industries | View profile | 501-1000 | Atsugi, Kanagawa, Japan, Asia | https://www.sagami-gomu.co.jp/ |
| Pasante Healthcare | View profile | 11-50 | Lancing, West Sussex, United Kingdom, Europe | https://www.pasantehealthcare.com/ |
| Veru Inc | View profile | 233 | 2916 North Miami Avenue, Suite 1000, Miami, FL, United States, 33127 | https://www.verupharma.com |
| Mankind Pharma | View profile | 10001+ | New Delhi, Delhi, India, Asia | https://www.mankindpharma.com |
| Reckitt Benckiser Group PLC | View profile | 40000 | 103-105 Bath Road, Slough, Berkshire, United Kingdom, SL1 3UH | https://www.reckitt.com |
| Church & Dwight Co Inc | View profile | 5550 | 500 Charles Ewing Boulevard, Ewing, NJ, United States, 08628 | https://www.churchdwight.com |
Argentina condom market outlook
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.
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Target buyers of Argentina condom market databook
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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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Argentina condom market size, by material type, 2018-2030 (US$M)
Argentina Condom Market Outlook Share, 2023 & 2030 (US$M)
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