Market revenue in 2023 | USD 1,201.4 million |
Market revenue in 2030 | USD 1,743.1 million |
Growth rate | 5.5% (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 89.47% in 2023. Horizon Databook has segmented the U.S. condom market based on latex, non-latex covering the revenue growth of each sub-segment from 2018 to 2030.
The relaxation in COVID-19 restrictions has led to increase in the demand for condoms and can be linked to increase in social interaction and vaccination drive. The increasing rate of STDs and high number of unintended pregnancies in the country provide condom manufacturers growth potential in the market.
Only one-third of the men use condoms, and according to National Center for Health Statistics, only 19% use them every time. However, as condoms are the only contraceptive that help avoid pregnancy and STDs, increasing awareness about its adoption can help address the issue.
The CDC provides funding to agencies willing to conduct Condom Distribution Programs (CDPs). CDPs provide condoms free of charge and conduct social marketing campaigns to promote condom use.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. condom market , including forecasts for subscribers. This country databook contains high-level insights into U.S. condom market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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