The Indian government is also engaged in creating awareness regarding the prevention of HIV/AIDS. In October 2021, Phase II of the HIV/AIDS awareness campaign was launched, aiming at generating awareness, promoting related services, and reducing stigma around it. Such initiatives are further expected to increase the demand for condoms in India and foster market growth. In addition, increasing initiatives to create awareness regarding female sexual health and the emergence of brands offering female condoms, such as MsChief and Bleü (Sirona Hygiene Private Limited), are further expected to drive the growth of the condom market in India.
India Condom Market Report Highlights
- Latex dominated the material type segment with a share of over 85% share in 2023, owing to their availability and durability.
- The non-latex segment is expected to grow at the fastest CAGR over the forecast period due to the increasing focus on product differentiation.
- Based on product segment, Male condoms accounted for the largest market share in 2023. The increasing acceptance of male condoms and their availability in the Indian market compared to female condoms can be attributed to this growth.
- In terms of distribution channels, drug stores accounted for the largest market share in 2023 owing to their easy accessibility.
- In September 2021, Durex introduced the ‘Made for India’ innovation with the launch of Durex Extra-Thin Flavored Condoms, which is expected to help the company meet the increasing demand for flavored condoms in India.
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Table of Contents
Companies Mentioned
- Mankind Pharma
- Reckitt Benckiser Group PLC
- Godrej Consumer Products Limited
- TTK
- HLL Lifecare Limited
- Karex Berhad
- Redcliffe Hygiene Pvt Ltd.
- Sirona Hygiene Private Limited
- Okamoto Industries, Inc
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 80 |
Published | June 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 861.3 Million |
Forecasted Market Value ( USD | $ 1800 Million |
Compound Annual Growth Rate | 11.0% |
Regions Covered | India |
No. of Companies Mentioned | 9 |