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Sexual Wellness Market Trends

Report ID: GMI5990
Published Date: Jun 2023
Report Format: PDF

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Sexual Wellness Market Trends

The rising prevalence of sexually transmitted diseases (STDs) and HIV in developed and developing economies is further augmenting the expansion of the business that offer protection against these infections. This includes condoms, dental dams, contraceptives and other barrier methods that help prevent the transmission of STDs during sexual activity. For instance, according to the World Health Organization (WHO), every day, more than 1 million new treatable STIs spread across the world. STD & HIV are more prevalent in underdeveloped countries as compared to developed nations owing to shortage of sexual health testing, HIV diagnostics and lack of awareness. For instance, According to WHO, more than 27% population are suffering from STD and HIV diseases in Eswatini, while over 10% people acquired STD and HIV in Norway.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for sexual wellness was valued at over USD 36.5 billion in 2023 and is projected to reach more than USD 75.7 billion by 2032.

The sex toys segment dominated the market and will witness 8.7% CAGR from 2023 to 2032 owing to the growing acceptance and normalization of sexual pleasure & exploration leading to increasing preference for sex toys among the population base.

The U.S. sexual wellness industry accounted for over USD 10 billion in 2022 and will continue growing through 2032 attributed to the upsurge in government initiatives to improve awareness about STDs and HIV.

Reckitt Benckiser Group PLC, Kessel Medintim GmbH, LELO, Doc Johnson Enterprises, Hot Octopuss Limited, Karex Berhad, Veru Inc., Bijoux Indiscrets, Adam & Eve Stores, BioFilm, Inc., Mayer Laboratories, Inc., LifeStyles Healthcare Pte Ltd, Innovus Pharmaceuticals, Inc., and Pipedream Extreme.