Europe Sexual Health Market to be Worth $8 Billion by 2024

Aug 21, 2019

The female condom market in Europe is likely to post a CAGR of more than 12% by 2024.

Arizton’s recent market research report on the sexual wellness market in Europe provides comprehensive industry analysis, trends forecasts, and competitive analysis. The research study segments the market by product types (sex toys, condoms, exotic lingerie, sexual lubricants, and others), end-users (male and female), distribution types (retail and online), and geography (Germany, UK, France, Italy, Russia, Spain, Sweden, Poland, Portugal, Netherland, Turkey, and Czech Republic).

The sexual wellness market in Europe is expected to grow at a CAGR of more than 6% during 2018-2024.

Request for a free sample!

Condoms: One of the Highly Sold Sexual Wellness Product

Condom is one of the widely used contraceptive with a revenue share of more than 25% in the global sexual wellness market. They are highly effective in preventing the transmission of STDs and STIs. Thus, having realized the lethality of STDs such as AIDS, governments are emphasizing on the use of condoms. Further, innovations in product development and distribution channels are enabling better adoption of condoms, especially among the young population, which is a major driving factor for sexual wellness market in Europe. The condom market is dominated by male condoms, due to ease of purchase and usage due to better availability, wearability, and easy disposable. Further, innovation, advertising appeal, and distribution reach are expected to play a major role in the growth of the condoms in sexual wellness market in Europe. In addition, global female condom market is witnessing rapid growth. 

Read: U.S. Electronic Health Records (EHR) Market - Industry Outlook and Forecast 2020-2025

Female Centric Products are Gaining Traction in the Market

The market for sexual wellness products catering to the female segment is expected to grow at a CAGR of around 7% during the forecast period. The sexual wellness market in Europe is witnessing a gradual shift towards female centric sexual wellness products.  The market is witnessing the emergence of several start-ups such as Nuelle, B-wom, Damivia, and Sustain who are catering the female end-users. Further, with numerous sexual wellness market start-ups raising funds worth more than $1 billion within the last few years, the market for other established vendors remains highly optimistic, which is expected to contribute in the growth of sexual wellness market in Europe.

Check our latest report on - Infertility Treatment Market - Global Outlook and Forecast 2019-2024

Online Distribution Mode is Becoming Popular Among the Potential Buyers

The online sales are generating high revenues for the sexual wellness market in Europe. The growth in online sales is set to increase by over 20% YOY during the forecast period.  The growth can be attributed to availability of wider range at single platform at discounted rates. In addition, the online channel enables the access of potential buyers to have a look on consumer reviews that are lacking in brick-and-mortar distribution formats. Further, Amazon, Adam & Eve online stores, eBay, Ann Summers, Alibaba, and AliExpress are some of the leading online retailers of the sexual wellness market in Europe.

Request for a free sample!

Church & Dwight, Diamond Products, Karex Berhad, LifeStyles, Okamoto, and Reckitt Benckiser are the key vendors of the sexual wellness market in Europe.

The complete overview of the latest market research report on the sexual wellness market in Europe by Arizton is now available.

The report also offers a detailed study of major trends, drivers, challenges and provides market sizing and forecast for major geographical regions and key countries.

About Arizton

Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting- edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Mail: enquiry@arizton.com

Call:  +1-312-235-2040

+1-302-469-0707

Apr 15, 2021

Incorporation of IoT is Significantly Developing the U.S. HVAC Services Market

In 2020, Carrier announced increasing R&D spending to USD 50 million in order to drive sustained...

Apr 15, 2021

Is Online Distribution Channel Dominating the BGM Consumables Market?

The online segment is dominating the BGM consumables market share by distribution channels....

Apr 10, 2021

Is Cloud-Based Application Witnessing High Demand in the Global LIMS Market?

The cloud-based segment occupied over 44% of the global LIMS market share in 2020....

LATEST POSTS
VIEW RELATED REPORT

Sexual Wellness Market in Europe - Industry Outlook and Forecast 2019-2024

OTHER CATEGORIES