Market Size of Condom Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 10.20 Billion |
| Market Size (2029) | USD 15.13 Billion |
| CAGR (2024 - 2029) | 8.20 % |
| Fastest Growing Market | Middle-East and Africa |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Condom Market Analysis
The Condom Market size is estimated at USD 10.20 billion in 2024, and is expected to reach USD 15.13 billion by 2029, growing at a CAGR of 8.20% during the forecast period (2024-2029).
The overall condom market witnessed double-digit growth in the first quarter. Online distributors are recording increased interest as home-bound consumers explore retail alternatives. A few sexual wellness brands and retailers with inventory and shipment operations are also trying to double their e-commerce sales in the coming years. The rising adoption rates of contraceptive products among consumers worldwide are also boosting the demand for condoms.
Growing awareness through government initiatives and comprehensive sex education programs to reduce the prevalence of sexually transmitted diseases are driving the market's growth worldwide. Apart from sex education and prevention against STDs, the introduction of innovative condom designs, innovative packaging style, increased marketing, and promotional activities are some of the major factors boosting the market's growth. Wide varieties and styles of condoms are available in the market, from flavored condoms to ultra-sensitive ones, like LifeStyles and SKYN Condoms.
