Latin America Condom Market Size & Outlook, 2023-2030
Latin America condom market, 2018-2030 (US$M)
Related Markets
Latin America condom market highlights
- The Latin America condom market generated a revenue of USD 1,236.5 million in 2023.
- The market is expected to grow at a CAGR of 8.9% 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.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,236.5 million |
| Market revenue in 2030 | USD 2,239.8 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Latex |
| Fastest growing segment | Non-latex |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 10.7% of the global condom market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 864.6 million by 2030.
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Condom Market Scope
Condom Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 89.66% in 2023. Horizon Databook has segmented the Latin America condom market based on latex, non-latex covering the revenue growth of each sub-segment from 2018 to 2030.
The countries in Latin America have committed to condom programming, an initiative that ensures easy access to condoms and their consistent use by sexually active individuals. Although there are policies for free distribution of condoms, the supply is insufficient, which limits the access to condoms.
Organizations are undertaking initiatives to promote the use of condoms among sex workers and conducting research to understand the economic factors responsible for lack of usage of condoms by sex workers.
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Target buyers of Latin America condom market databook
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Our clientele includes a mix of condom market companies, investment firms, advisory firms & academic institutions.
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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 continent-level data and insights on the Latin America condom market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America condom market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America condom market size, by country, 2018-2030 (US$M)
Latin America Condom Market Outlook Share, 2023 & 2030 (US$M)
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