TechNavio recognizes the following companies as the key players in Global Condom Market: Ansell Ltd., Church & Dwight Co. Inc., Okamoto industries Inc., Reckitt Benckiser Group Plc., The Female Health Co.
Commenting on the report, an analyst from TechNavio’s team said: “Numerous consumers are allergic to latex condoms and generally avoid them. This is therefore creating high demand for non-latex condoms though they are costlier than the latex version. The increasing consumer base for non-latex condoms might also lead to condom manufacturing companies introducing an affordable range of non-latex condoms, which will propel the growth of the Global Condom market.”
According to the report, the increasing need for population control and family planning is one of the major drivers in the market. Condoms are the most effective and efficient method of family planning, and awareness of this fact among end-users and governments is propelling the growth of the global market.
Further, the report states that the lack of awareness about condoms is the major challenge hindering the growth of the market. Most of the populations residing in underdeveloped nations and in certain developing nations are not completely aware about the advantages and benefits of using a condom. Consequently, they hesitate to use this effective method of contraception or generally avoid using it, which acts as a major inhibitor of the growth of the Global Condom market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-condom-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report – Global Condom Market 2014-2018
