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In the competitive condom industry, industry players are actively pursuing mergers, acquisitions, and partnerships to expand their product portfolios and market reach. For instance, major brands are investing in research and development to introduce innovative products that cater to diverse consumer needs. Additionally, companies are focusing on strategic collaborations with NGOs and government agencies to promote safe sex practices and increase their market share in developing regions.
Prominent players operating in the condom industry include:
The natural condom segment generated USD 8.6 billion in revenue in 2023, driven by the proven efficacy of latex condoms in preventing pregnancies and STIs.
The global market size for condom was valued at USD 9.3 billion in 2023 and is expected to reach USD 18.8 billion by 2032, driven by a CAGR of 8.2% from 2024 to 2032.
The North America market was valued at USD 852 million in 2023 and is anticipated to grow at a CAGR of 6.3% from 2024 to 2032, driven by increased public awareness and educational initiatives focused on sexual health.
Prominent players in the condom industry include Ceylor, Church & Dwight, Cupid Limited, FUJI LATEX, HLL Lifecare, JIMMYJANE, Karex Berhad, Kimono Microthin Condoms, Lifestyles Healthcare, and Mankind Pharma.