Technavio, a tech-focused market research firm, has published a new report on the global female condoms market, which is expected to grow at a CAGR of around 9% during the forecast period, 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global female condoms market into the following key regions: The Americas, APAC, and EMEA.
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Top three contributors for the global female condoms market are elaborated below
Female condoms market in Americas: The market for female condoms is flourishing in the Americas owing to factors such as high level of awareness and rising disposable incomes. The market in this region is led fundamentally by the US and Canada. The presence of several vendors in the region is also expected to foster the growth of the market in the Americas during the forecast period.
According to Barath Palada, a lead analyst at Technavio, specializing in research on health and wellness, “Vendors are expanding their business operations in South America, particularly in Brazil, because of the high demand for female contraceptive devices. They have also set up their manufacturing operations in the region and have an extensive distribution network to cater to the needs of the masses.”
Female condoms market in EMEA: The market for female condoms in EMEA is led by France, Germany, Spain, and Hungary. During the forecast period, manufacturers expected to expand their presence in other regions of Europe through increased marketing initiatives and promotions.
Female condoms market in APAC: APAC is projected to be the fastest growing geographical segment of the global female condoms market. China and India account for a majority of the demand for female condoms in the APAC region. The high population with increasing disposable income is spurring people in APAC to spend more on products like female condoms, leading to the growth of the market in the region.
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The top vendors operating in the global female condoms market are:
- The Female Health Company
- Cupid
- Shanghai Dahua Medical Apparatus
- Tianjin CondomBao
Other prominent vendors in the market include Origami Healthcare Products, Reckitt Benckiser Group, Silk Parasol, Insight Products, IXu, and StaySafe Condoms.
A more detailed analysis is available in the Technavio market research report titled, ‘Global Female Condom Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Condom Market 2016-2020
- Condom Market in the US 2016-2020
- Global Sexual Wellness Market 2016-2020
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