Sexual Wellness Market to Observe Prominent Growth of USD 518.94 billion by 2030, Size, Share, Trends, Demand, Growth Forecast, Segmentation and Revenue Outlook
Data Bridge Market research has a newly released expansive study titled “Global Sexual Wellness Market ” which guarantees you will remain better informed than your competition. This study provides a broader perspective of the marketplace with its comprehensive market insights and analysis which eases survival and success in the market.
There is an increasing need for sexual wellness because of challenges with sexuality, public health concerns about sexual dysfunction, and the wide implications for health and well-being. With the huge development of HIV and AIDS and the increasing incidence of STIs, sexual wellness is becoming increasingly important globally. Sexual health is intimately associated with reproductive health.
Data Bridge Market Research analyses that the sexual wellness market, which was USD 11.02 billion in 2022, would rise to USD 18.94 billion by 2030 and is expected to undergo a CAGR of 7% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Sexual wellness defines as physical, emotional, and mental well-being. A person’s ability to have satisfying and safe sexual experiences is just one major part of sexual wellness. Other aspects involve understanding one’s body and what feels good for oneself, developing communication with partners about desires and needs, and respecting others’ rights regarding their sexuality. Sexual wellness is about well-being rather than just the absence of sickness, which is an important conceptual component.
Restraints/Challenges
- Skin Complications Due to Wellness Products
Many sexual products lead to skin disorders that impede the market growth. For instance, condoms may trigger latex allergy. The severity of latex allergy symptoms can vary, and in many cases, latex allergies can lead to anaphylaxis, a potentially fatal illness. People suffering from latex allergies are advised to switch to synthetic condoms. Numerous research studies have linked talc to ovarian cancer and fibrosis in fallopian tubes, making the woman infertile. Thus, this factor impedes market growth.
This sexual wellness market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the sexual wellness market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Some of the major players operating in the sexual wellness market are:
- LifeStyles (India)
- Bijoux Indiscrets (Spain)
- BioFilm Inc (U.S.)
- Church & Dwight Co., Inc. (U.S.)
- FUJI LATEX CO., LTD. (Japan)
- HLL Lifecare Limited (India)
- Benckiser Group Plc (U.K.)
- Doc Johnson Enterprises (U.S.)
- Karex Berhad (Malaysia)
- TENGA Co., Ltd. (Japan)
- Hot Octopuss (U.S.)
- California Exotic Novelties LLC (U.S.)
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Global Sexual Wellness Market Scope
The sexual wellness market is segmented on the basis of product type, distribution channel, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Antifungal Agents
- Sex Toys/Vibrators
- Condoms and Female Contraceptives
- Personal Lubricants
- Erotic Lingerie
- Pregnancy Testing Products
- Other Sexual Wellness Products
Distribution Channel
- Retail Outlets
- Online Stores
Application
- Woman
- Man
What benefits does the DBMR study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Browse the complete table of contents at – https://www.databridgemarketresearch.com/toc/?dbmr=global-sexual-wellness-market&Shri
Sexual Wellness Market Regional Analysis/Insights
The sexual wellness market is analyzed and market size insights and trends are provided by product type, distribution channel, and application as referenced above.
The countries covered in the sexual wellness market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to grow during the forecast period of the sexual wellness market due to the increasing number of sexual wellness events and programs that occur in this region is estimated to bode well for the growth of this industry.
Asia-Pacific dominates the market in the forecast period due to the increasing demand for premium sex toys and condoms and water-based and silicone-based sexual lubricants. Furthermore, the growing rate of government initiatives and initiatives by NGOs are boosting market growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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