Condom Market in the US to grow at a CAGR of 5.03% during the period 2016 - 2020; Finds New Report

Report forecast the condom market in the US to grow at a CAGR of 5.03% during the period 2016-2020.

A condom is a barrier device used during sexual intercourse as a contraceptive method and as a protection against infections. Condoms are used both by males and females. As a method of birth control, male condoms have the advantage of being inexpensive and easy to use. Male condoms are primarily made from latex, but other materials such as polyurethane, polyisoprene, and lamb intestine are also used. Female condoms are generally made of nitrile.

Traditionally, male condoms were the only option in the market, but recently, female condoms have gained popularity. In developed countries like the US, women are experimenting with condoms, creating a demand for such products in the country. However, in developing countries like India, the use of female condoms is very low due to pre-conceived notions that inhibit its use. In addition, female condoms are comparatively expensive compared to male condoms.

The report covers the present scenario and the growth prospects of the condom market in the US for the period 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of condoms in the US

The market is divided into the following segments based on type:

• Male condom
• Female condom

According to the report, a rise in the number of people affected by STDs is driving the demand for condoms. Currently, there are 80 million Americans affected by different types of STDs such as HPV and HIV. In addition, the development of infections like chlamydia, which often do not have clear symptoms, has also increased in the country. In 2014, as per the CDC, more than 2 million infections occur annually among American people.

Further, the report states that the market for counterfeit condom products in the US is an important obstacle for the rightful stakeholders as counterfeit products are cheaply available in the market.

Condom Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Condom Market in the US: Ansell Healthcare, Church & Dwight, Reckitt Benckiser Group, Sir Richard's Condom Company, and The Female Health Company.

Other Prominent Vendors in the market are: B Holding Group, Billy Boy, Caution Wear, Coripa Condoms, Cupid, GLYDE AMERICA, Graphic Armor, Grove Medical, IBI Synergy, IXu, L. International, Line One Laboratories, Mayer Laboratories, NüVo Condoms, Okamoto USA, ONE, Playboy, Power Development Group, RFSU, Sagami Rubber Industries, StaySafe Condoms, Sustain Condoms, and Unique Condoms.

Market driver

• Growing cases of sexually transmitted diseases (STDs)
• For a full, detailed list, view our report

Market challenge

• Counterfeit products
• For a full, detailed list, view our report

Market trend

• Demand for custom-fit condoms
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 67 pages and 43 Exhibit “Condom Market in the US 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by type, Market segmentation by raw material, Market segmentation by distribution channel,  Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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