India Condom Market Size & Outlook, 2023-2030
India condom market, 2018-2030 (US$M)
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India condom market highlights
- The India condom market generated a revenue of USD 366.4 million in 2023 and is expected to reach USD 755.2 million by 2030.
- The India market is expected to grow at a CAGR of 10.9% 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 366.4 million |
| Market revenue in 2030 | USD 755.2 million |
| Growth rate | 10.9% (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, India accounted for 3.2% of the global condom market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China condom market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 755.2 million by 2030.
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Condom Market Scope
Condom Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 87.85% in 2023. Horizon Databook has segmented the India condom market based on latex, non-latex covering the revenue growth of each sub-segment from 2018 to 2030.
The Indian market has potential for growth, as 50% of its population is below 24 years of age and 65% is below 35 years. Moreover, there is significant prevalence of HIV infection & other STDs, unsafe abortions, unplanned pregnancies, and rise in the prevalence of STIs. There is increase in awareness regarding the use of condoms.
However, the country not only failed to increase the adoption of condoms, but witnessed gradual decrease in usage. The National Family Health Survey (NFHS)-4 revealed that around 98% of sexually active men were aware of the importance of condom, however, a negligible number of them used it.
Adoption of sterilization surgeries and other contraceptive measures such as pills and Intrauterine Contraceptive Device (IUD) also negatively impact condom adoption. However, raising awareness regarding the failure of condom substitutes in preventing STDs and overcoming the social taboo associated with condom use can improve its adoption.
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Our clientele includes a mix of condom market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India condom market , including forecasts for subscribers. This country databook contains high-level insights into India condom market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India condom market size, by material type, 2018-2030 (US$M)
India Condom Market Outlook Share, 2023 & 2030 (US$M)
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