Market revenue in 2024 | USD 89.4 million |
Market revenue in 2030 | USD 156.1 million |
Growth rate | 9.7% (CAGR from 2024 to 2030) |
Largest segment | Water-based |
Fastest growing segment | Silicone-based |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Water-based, Silicone-based, Oil-based |
Key market players worldwide | Reckitt Benckiser Group PLC, Church & Dwight Co Inc, Frank Mayer and Associates, Biofilm, Trigg Laboratories, Lifestyles Healthcare, The Yes Yes Company, Lovehoney, Überlube, Sliquid |
Water-based was the largest segment with a revenue share of 53.69% in 2024. Horizon Databook has segmented the Latin America personal lubricants market based on water-based, silicone-based, oil-based covering the revenue growth of each sub-segment from 2018 to 2030.
The personal lubricant market in Latin America is anticipated to grow during the forecast period. Key factors driving the market include the availability of different flavors of lubricants and increasing acceptance of sex toys in Latin America.
The Pan American Health Organization (PAHO) started a comprehensive condom and lubricant programming, an initiative that ensures easy access to condoms and their consistent use by sexually active individuals. Systematic and appropriate use of condoms & compatible lubricants is suggested for all major population groups to inhibit sexual transmission of STIs and HIV.
However, in LAC, the supply is frequently insufficient to fulfill the demands of a significant proportion of the population. The majority of LAC countries do not provide lubricants and condoms to young people or the general public.
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