Sexual wellness refers to physical, emotional, and mental well. It is about feeling good about one’s sexuality and having a positive, respectful perspective on sex and sexuality. A person’s ability to have satisfying and safe sexual experiences is just one aspect of sexual wellness. Other aspects include knowing one’s own body and what feels good for oneself, communicating openly with partners about desires and needs, setting boundaries regarding sexual activity, respecting others’ rights regarding their own sexuality.
Data Bridge Market Research analyses that the sexual wellness market which was USD 10.3 billion in 2021, would rocket up to USD 17.14 billion by 2029, and is expected to undergo a CAGR of 6.57% during the forecast period 2022 to 2029.
Sexual wellness is about well-being rather than just the absence of sickness, which is a crucial conceptual component. Sexual wellbeing refers to an individual’s achievement of physical, mental, and sexual prosperity. With the development of HIV and AIDS and the rising prevalence of STIs, sexual wellness is becoming increasingly important on a global scale. Sexual health is intimately linked to reproductive health. Additionally, there is a growing need for sexual wellness due to challenges with sexuality, public health concerns about sexual dysfunction, and the implications for health and wellbeing.
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Sexual Wellness Market Dynamics
- Increasing demand of condoms
One of the best methods for preventing STDs is the use of condoms. Therefore, the distribution of condoms to people in other countries is a global effort including governments, NGOs, and foundations. They are also inexpensive birth control options. This, together with advancements in condom design, have increased demand for condoms around the world. In terms of volume, the male condom market made up over 99 percent of the market share for sexual wellness in 2019.
- Rising consumer awareness of sexual wellness products
The factors anticipated to propel the growth of the sexual wellness market during the forecast period of 2022 to 2029 include rising STD and AIDS incidence rates, rising demand for sexual products from developing economies, and rising acceptance among mainstream consumers. On the other hand, the rising number of women making purchases will open up a number of doors that will fuel the expansion of the market for sexual wellness during the forecast period.
Increasing rates of HIV infection and sexually transmitted diseases (STDs) are projected to spur market expansion. Additionally, efforts made by the government and NGO’s to encourage the use of contraceptives are anticipated to significantly increase the market for sexual wellness. Over the forecast period, the main drivers for sexual health goods in the Americas are projected to continue to be the rising awareness of STDs and the rising sexual activity among teenagers in North America.
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.
- Antifungal agents
- Sex toys
- Erotic lingerie
- Condoms and female contraceptives
- Sexual body wash
- Personal lubricants
- Performance enhancers
- Pregnancy testing products
- Other sexual wellness products
- Retail Outlets
- Online Stores
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Sexual Wellness Market Regional Analysis/Insights
The sexual wellness market is analysed and market size insights and trends are provided by country, 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
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)
- Intimate Organic (Sweden)
- 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.)
- By Adam & Eve Stores (U.S.)
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