Sexual Wellness Market Poised to grow at a CAGR of 7.8% by 2024
Infinium Global Research has added a new report on Sexual Wellness Market. The report presents an analysis of global as well as regional markets of sexual wellness market over the period of 2016 to 2024. The product for sexual wellness market are condoms, sexual lubricants, exotic lingerie, and others. The growing incidence of Sexually Transmitted Diseases (STDs) and HIV infection worldwide is likely to boost the growth of the market. Moreover, initiatives taken by the government and NGO’s to promote the use of contraceptives is expected to give significant market growth. Additionally, rising lesbian, gay, bisexual, and transgender (LGBT) community due to the rising number of people declaring their sexual orientation is another factor boosting the growth of sexual wellness market. The growing concern of personal hygiene is also one of the factors driving the market. Ease of use of online shopping and e-commerce has further facilitated the sales as it provides products discreetly. With the growing interest in innovative sexual wellness market products among the youth and their easy availability and purchase through online store will drive the growth of the market in the coming years. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global sexual wellness market but also make strategic decisions to capture the most lucrative markets in the near future.
The market size is presented in terms of value for the historic year 2016 and estimated for the forecast period of 2018-2024.
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The recent report identified that the Asia Pacific dominated the global sexual wellness market over the last couple of years while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the sexual wellness market worldwide.
The report segments the global sexual wellness market on the basis of Product type and Distribution Channel.
Global Sexual wellness market by Product Type
· Sexual Lubricants
· Sex Toys
· Exotic Lingerie
Global Sexual wellness market by Distribution Channel
· Specialty Stores
· Drug Stores
· Supermarkets and Hyper Markets
· Online Stores
· Grocery Stores
Companies Profiled in the Report
· Calvin Klein
· Reckitt Benckiser
· Church & Dwight
· BMS Factory
· Doc Johnson
· Convex Latex
· Beijing Aimer
About Infinium Global Research
Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.
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