Male Condoms Market Size Report | Global Outlook 2022-2028

[Research Report] The male condoms market was valued at US$ 8,801.84 million in 2022, and it is expected to reach US$ 13,974.63 million by 2028; it is estimated to register a CAGR of 8.0% from 2022 to 2028.

Analyst Perspective:

Rise in awareness of the use of condoms, availability of diverse varieties of condoms to meet consumer preferences, and steps taken to prevent the spread of HIV and other STIs are expected to boost the market growth over the forecast period. Each country's government is implementing programs to enhance awareness and promote contraception among the younger generation to manage HIV and other STI epidemics and avert unplanned pregnancies. According to the United Nations Programme on HIV/AIDS (UNAIDS), using condoms consistently and correctly provides good protection against unwanted pregnancies and STDs. International and government healthcare organizations such as the Centers for Disease Control and Prevention (CDC) and World Health Organization (WHO) are playing an important role in promoting the use of condoms for safe sex. Over the last decade, this has effectively increased the use of condoms among sexually active couples.

Male Condoms Market – Overview:

Condoms are the only way to protect against sexually transmitted diseases (STDs), including HIV and herpes. Condoms act as a barrier technique of birth control. Condoms are made of extremely thin latex (rubber), polyurethane, or polyisoprene and are intended to prevent pregnancy by preventing sperm from contacting an egg. When used correctly during vaginal, anal, and oral sex, they can help protect against STIs. They are available at most drugstores, vending machines in public restrooms, online pharmacies, and at some health care clinics.

The growth of the male condoms market is attributed to key driving factors such as growing government efforts to encourage the use of condoms, rising cases of sexually transmitted infections, innovative packaging style, the introduction of innovative condom designs, and increased promotional activities and marketing. However, the side effects of materials used in male condoms are restricting the male condoms market growth during the forecast period. In addition, the surge in product launches is likely to provide growth opportunities for the male condoms market.

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Get FREE CUSTOMIZATION

Male Condoms Market: Strategic Insights

• Get Top Key Market Trends of this report.
  This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Free Sample PDF

Male Condoms Market – Market Driver:

Growing Government Efforts to Encourage Use of Condoms to Drive Male Condoms Market Growth

Various regional governments are encouraging the use of condoms to prevent unwanted pregnancies. In recent decades, the US government has supported global Family Planning and Reproductive Health efforts. It is also one of the top purchasers and distributors of contraceptives globally. According to the news by Global Health Policy 2021, there has been a steady growth in US funding for Family Planning and Reproductive Health over the past two decades. In FY 2020, US funding totaled US$ 608 million, including funding for the United Nations Population Fund (UNFPA), up from US$ 425 million in FY 2006.

The Government of India also distributes free condoms under its AIDS prevention program operated by the National AIDS Control Organization (NACO) via health centers. This program focuses on the high prevalence and high fertility districts, emphasizing the availability of condoms in high-risk group sites, the vulnerable population-intensive areas. Many organizations, such as the Hindustan Latex Family Planning Promotion Trust, Population Health Services (India), Pashupati Chemicals & Pharmaceutical Ltd, HLL Lifecare Limited, Parivar Seva Sanstha, Population Services International, Janani Suraksha Yojana, and DKT India, sell socially marketed condoms in India under NACO CSMP. Also, the government is supporting e-commerce in the country for people to access basic and advanced consumer goods easily, and condoms are a considerable part of these goods. Since 2014, the Government of India has been instituting initiatives such as Make in India, Skill India, and Innovation Fund to support e-commerce growth in the country. In 2018, it uplifted foreign direct investment (FDI) by 100% in the e-commerce market, with an aim to provide benefits of online marketing in even remote locations of the country. The support from the government for the use of condoms as a preventive measure to control the population in the country is fueling the male condoms market growth.

Male Condoms Market – Segmental Analysis:

The male condoms market is segmented based on material, product type, and distribution channel. Based on material, the market is bifurcated into latex and non-latex. In 2022, the latex segment accounted for a larger male condoms market share. However, the non-latex segment is anticipated to register a higher CAGR during the forecast period. A significant number of condom users preferring latex is driving the market for the latex segment. Moreover, low cost, safety, and efficacy of latex is likely to account for the growth of the market for the segment in the coming years.

Based on product type, the male condoms market is segmented into flavored condom, studded, warming, pleasured, and others. The flavored condom segment is expected to register the highest CAGR during the forecast period.

By distribution channel, the male condoms market is divided into drug stores/pharmacies, supermarkets/hypermarkets, online pharmacies, and others. This report offers insights and in-depth analysis of the market, emphasizing parameters, such as market trends and market dynamics, along with the competitive analysis of the leading market players globally.        

Male Condoms Market – Regional Analysis:

Asia Pacific registered the largest market share and is the fastest-growing region in the global male condoms market. The market in this region is expected to grow significantly due to the high incidence rates of abortion, increased rate of teen pregnancies, and rise in product innovation and product launches. Also, the availability of different brands for a wide range of contraceptives with high-quality standards; cost-effectiveness; and easy access from supermarkets, drug stores, and online platforms are contributing to market growth. The rising awareness about sexually transmitted diseases and favorable government initiatives pertaining to sex education among teens are driving the market. Moreover, the rising awareness about contraceptives to avoid unwanted pregnancies, increasing prevalence of STIs, and the rapidly rising population in the region is driving the male condoms market growth. Also, favorable government initiatives for reproductive health are expected to boost the male condoms market growth in the region over the forecast period.

Male Condoms Market – Key Player Analysis:

The major market players in the male condoms market include Reckitt Benckiser Group Plc, Okamoto Industries Inc, Karex Bhd, Church & Dwight Co Inc, Mankind Pharma Ltd, Cupid Ltd, Unique International SAS, Fuji Latex Co Ltd, Humanwell Healthcare Group Co Ltd, and Thai Nippon Rubber Industry Pcl. Among the players in the male condoms market, Reckitt Benckiser Group Plc and Church & Dwight Co Inc. are the top two players owing to the diversified product portfolio offered.

Male Condoms Market Regional Insights

The regional trends and factors influencing the Male Condoms Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Male Condoms Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Male Condoms Market Report Scope

Male Condoms Market Players Density: Understanding Its Impact on Business Dynamics

The Male Condoms Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Male Condoms Market are:

1. Reckitt Benckiser Group Plc
2. Okamoto Industries Inc
3. Karex Bhd
4. Church & Dwight Co Inc
5. Mankind Pharma Ltd

Disclaimer: The companies listed above are not ranked in any particular order.

Male Condoms Market – Recent Developments:

Inorganic strategies, such as mergers and acquisitions, partnerships, collaborations, and joint ventures, and organic strategies, such as product launch, product approval, and expansion, are highly adopted by companies in the male condoms market. A few recent key market developments are listed below:

• In March 2023, Durex launched Durex Real Feel, a non-latex range of condoms. Real Feel is made of polyisoprene material, which is softer than latex rubber and provides a skin-on-skin feeling to partners. With this launch, the brand aims to intensify and enhance sexual encounters between couples by offering a natural “skin” like feeling while being protected.
• In September 2022, Mankind Pharma’s new condom brand Epic Condoms, launched a new campaign, “Make Love Epic,” to announce the arrival of a premium range of Epic condoms in the market. Epic Condoms is a new entrant in the market, and this campaign is designed to introduce and make consumers aware of the new brand from India’s leading condom brand, i.e., Manforce Condoms, to the target audience.
• In April 2022, Durex launched its new offering in the condoms category, Durex Intense, with an ad campaign. With this launch, the brand aims to enhance the sexual journey of a woman through heightened stimulation for a more intense experience.
• In August 2022, Cupid Limited announced that the company had received US FDA 510(k) approval for additional four variants of CUPID Brand Male Natural Rubber Latex Condoms. The company has already obtained approval for one variant in the US market.