Sexual Wellness Market Research Report Information By Product (Sex Toys, Condoms, Contraceptives, Sexual Enhancement Supplements, Lubricants, and Ointments), By Distribution Channels (Drug Stores, Specialty Stores, Supermarkets, and Online Platforms), and By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.
The sexual wellness market size is projected to grow from USD 84.89 billion in 2022 to USD 115.92 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.55% during the forecast period (2022 – 2030). The growing prevalence of Sexually Transmitted Diseases (STDs) and HIV infection and increasing government initiatives and NGOs participating in promoting the use of contraceptives are the key market drivers dominating the market growth. Enhanced awareness regarding sexual wellness is driving revenue growth in the market.
The approach to sex has been extensively more liberal in recent years. Sexual wellness, as interpreted by the World Health Organization, is a state of physical, mental, emotional, and social well-being related to sexuality. Sexual wellness is more than just the absence of illness, dysfunction, or infirmity. Sexual health needs a positive and respectful attitude towards sexual orientation and sexual relationships, besides the ability to have pleasurable and safe sexual experiences that are free of discrimination, coercion, and violence. Sexual wellness is incorporated various factors, involving recognizing and respecting the sexual rights humans share, having access to sexual health information, education, and care, practicing safe sex, and seeking care when required.
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Growing awareness for safe sex and proper contraceptive use has rapidly amended the industry landscape, supporting the sexual wellness market revenue. The efforts of Global Health Organizations and other organizations to ameliorate women’s health in many underdeveloped nations have positively impacted the market growth of sexual wellness products. Furthermore, the serenity of online shopping as a result of augmented internet usage via smartphones and other smart devices has boosted revenues of sexual wellness products. Furthermore, the escalated acceptance of the LGBT community, as well as the rights and legalization of gay marriages, propels the sexual wellness market share. The rearing number of government initiatives to spread awareness about sexual well-being is considered one of the sexual wellness market trends thrusting the demand in the coming years.
The Global Sexual Wellness Market report provides an integrated evaluation of the market. The report provides a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a significant role in the market.
The Global Sexual Wellness Market is segmented into the following types;
- Male Condoms
- Female Contraceptives
- Sex Toys
- Lubricants & Sprays
- LGBT Community
By Distribution Channel
- Specialty Stores
- Online Stores
- Drug Stores
- Supermarkets & Hypermarkets
The Global Sexual Wellness Market is divided into five regions North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
The North American region pacified the global sexual wellness market during the projected timeframe from 2022 to 2030. The sexual wellness market is anticipated to grow rapidly in the coming years in the region because of the increasing prevalence of sexually transmitted diseases (STDs) and HIV infection in the United States. In addition to that, augmented government initiatives and non-governmental organizations (NGOs) promoting contraceptive use are estimated to drive market growth.
Europe, on the other hand, is projected to acquire a substantial market share in the coming years. This is ascribed to increased cognizance and sex education initiatives, which are awaited to play a significant role in boosting Europe’s sexual wellness market share.
Browse In-depth Market Research Report (110 Pages) on Sexual Wellness: https://www.marketresearchfuture.com/reports/sexual-wellness-market-7328
The Global Sexual Wellness Market’s prominent key players are LELO (Sweden), Doc Johnson (US), Church & Dwight Co. Inc. (US), Ansell Ltd. (Australia), Reckitt Benckiser Group plc (UK), LifeStyles Healthcare (Australia), Karex Berhad (Malaysia), Veru Inc. (US), Mankind Pharma (India) and BioFilm IP LLC (US).
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