The Asia Pacific sexual wellness market is expected to grow from US$ 12,267.08 million in 2022 to US$ 18,598.64 million by 2028; it is estimated to grow at a CAGR of 7.2% from 2022 to 2028.
Increasing Investments by Market Players Bolster the Asia Pacific Sexual Wellness Market
Sexual wellness is now gaining traction as it is considered a part of an integrated, holistic care approach. The market players are focusing on the development of advanced products with enhanced capabilities. As a result, the sexual wellness market is witnessing an unprecedented rise in investments in the development and production of these products and the consolidation of sales channels. In July 2021, Hello Cake, a sexual wellness company, raised US$ 4 million in seed funding, which brings the company’s total funding to US$ 5.7 million over two rounds. With these funds, the company will focus on the development of products and launch across various Walmart stores. In June 2021, Maude, a modern sexual wellness brand, raised US$ 5.8 million in Series A funding led by True Beauty Ventures. Maude is likely to use these funds to position itself as a leader in the sexual wellness & personal care industries. The company offers sex toys, organic condoms, and lubricants in its sexual wellness product category. In June 2021, Rae Wellness raised US$ 9.5 million in Series A financing. The company produces an array of wellness supplement products in four categories: Whole Body, Skin, Sexual Wellness, and Mood. In February 2021, Dame Products raised ~US$ 4.0 million through the rounds of series funding. With the help of these financial resources, the company is planning to expand its team and R&D capabilities. These investments are bolstering the growth of the Asia Pacific sexual wellness market .Asia Pacific Sexual Wellness Market Overview
The Asia Pacific sexual wellness market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. The market in the region is largely held by countries such as China and Japan. The factors contributing to the growth of the sexual wellness market in these countries are the rising development of research studies on sexual wellness. The rising prevalence of sexually transmitted diseases, increasing concern about personal hygiene, and growing convenience of internet purchasing and e-commerce across countries such as Australia, India, and South Korea has further aided sales by delivering sexual wellness items discreetly. This has increased the number of government programs and nongovernment organizations (NGOs) to promote the use of contraceptives, which is likely to provide greater growth opportunities to the market players in the coming years.Asia Pacific Sexual Wellness Market Segmentation
The Asia Pacific sexual wellness market is segmented based on pharmaceutical product, non-pharmaceutical product, distribution channel, application, and country.- Based on pharmaceutical product, the Asia Pacific sexual wellness market is segmented into capsules, tablets, oral liquids, and sprays. The capsules segment held the largest share of the market in 2022.
- Based on non-pharmaceutical product, the Asia Pacific sexual wellness market is segmented into sex toys, condoms, intrauterine devices, contraceptive implants, and others. The sex toys segment held the largest share of the market in 2022.
- Based on distribution channel, the Asia Pacific sexual wellness market is segmented into retail pharmacies, online distribution, mass merchandize, and hospitals pharmacies. The retail pharmacies segment dominated the market in 2022.
- Based on application, the Asia Pacific sexual wellness market is segmented into erectile dysfunction (ED) treatment, premature ejaculation treatment, low libido improvement, orgasmic dysfunction treatment, and others. The erectile dysfunction (ED) treatment segment dominated the market in 2022.
- Based on country, the Asia Pacific sexual wellness market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China dominated the market in 2022.
Table of Contents
Table 1. Asia Pacific Sexual Wellness Market, by Pharmaceutical Product - Revenue and Forecast to 2028 (USD Million)Table 2. Asia Pacific Sexual Wellness Market, by Non-Pharmaceutical Product - Revenue and Forecast to 2028 (USD Million)
Table 3. Asia Pacific Sexual Wellness Market, by Distribution Channel - Revenue and Forecast to 2028 (USD Million)
Table 4. Asia Pacific Sexual Wellness Market, by Online Distribution - Revenue and Forecast to 2028 (USD Million)
Table 5. Asia Pacific: Sexual Wellness Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 6. China Sexual Wellness Market, by Pharmaceutical Product - Revenue and Forecast to 2028 (USD Million)
Table 7. China Sexual Wellness Market, by Non-Pharmaceutical Product - Revenue and Forecast to 2028 (USD Million)
Table 8. China: Sexual Wellness Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 9. China Sexual Wellness Market, by Distribution Channel - Revenue and Forecast to 2028 (USD Million)
Table 10. China Sexual Wellness Market, by Online Distribution - Revenue and Forecast to 2028 (USD Million)
Table 11. Japan Sexual Wellness Market, by Pharmaceutical Product - Revenue and Forecast to 2028 (USD Million)
Table 12. Japan Sexual Wellness Market, by Non-Pharmaceutical Product - Revenue and Forecast to 2028 (USD Million)
Table 13. Japan: Sexual Wellness Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 14. Japan Sexual Wellness Market, by Distribution Channel - Revenue and Forecast to 2028 (USD Million)
Table 15. Japan Sexual Wellness Market, by Online Distribution - Revenue and Forecast to 2028 (USD Million)
Table 16. India Sexual Wellness Market, by Pharmaceutical Product - Revenue and Forecast to 2028 (USD Million)
Table 17. India Sexual Wellness Market, by Non-Pharmaceutical Product - Revenue and Forecast to 2028 (USD Million)
Table 18. India: Sexual Wellness Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 19. India Sexual Wellness Market, by Distribution Channel - Revenue and Forecast to 2028 (USD Million)
Table 20. India Sexual Wellness Market, by Online Distribution - Revenue and Forecast to 2028 (USD Million)
Table 21. South Korea Sexual Wellness Market, by Pharmaceutical Product - Revenue and Forecast to 2028 (USD Million)
Table 22. South Korea Sexual Wellness Market, by Non-Pharmaceutical Product - Revenue and Forecast to 2028 (USD Million)
Table 23. South Korea: Sexual Wellness Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 24. South Korea Sexual Wellness Market, by Distribution Channel - Revenue and Forecast to 2028 (USD Million)
Table 25. South Korea Sexual Wellness Market, by Online Distribution - Revenue and Forecast to 2028 (USD Million)
Table 26. Australia Sexual Wellness Market, by Pharmaceutical Product - Revenue and Forecast to 2028 (USD Million)
Table 27. Australia Sexual Wellness Market, by Non-Pharmaceutical Product - Revenue and Forecast to 2028 (USD Million)
Table 28. Australia: Sexual Wellness Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 29. Australia Sexual Wellness Market, by Distribution Channel - Revenue and Forecast to 2028 (USD Million)
Table 30. Australia Sexual Wellness Market, by Online Distribution - Revenue and Forecast to 2028 (USD Million)
Table 31. Rest of Asia Pacific Sexual Wellness Market, by Pharmaceutical Product - Revenue and Forecast to 2028 (USD Million)
Table 32. Rest of Asia Pacific Sexual Wellness Market, by Non-Pharmaceutical Product - Revenue and Forecast to 2028 (USD Million)
Table 33. Rest of Asia Pacific: Sexual Wellness Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 34. Rest of Asia Pacific Sexual Wellness Market, by Distribution Channel - Revenue and Forecast to 2028 (USD Million)
Table 35. Rest of Asia Pacific Sexual Wellness Market, by Online Distribution - Revenue and Forecast to 2028 (USD Million)
Table 36. Organic Developments in the Sexual Wellness Market
Table 37. Inorganic Developments in the Sexual Wellness Market
Table 38. Glossary of Terms, Asia Pacific Sexual Wellness Market
Figure 1. Asia Pacific Sexual Wellness Market Segmentation
Figure 2. Asia Pacific Sexual Wellness Market Segmentation, By Country
Figure 3. Asia Pacific Sexual Wellness Market Overview
Figure 4. Capsules Held the Largest Share of the Pharmaceutical Product Segment in Asia Pacific Sexual Wellness Market
Figure 5. India to Show Significant Growth During Forecast Period
Figure 6. Asia Pacific PEST Analysis
Figure 7. Asia Pacific Sexual Wellness Market Impact Analysis of Drivers and Restraints
Figure 8. Asia Pacific Sexual Wellness Market - Revenue Forecast and Analysis - 2020- 2028
Figure 9. Asia Pacific Sexual Wellness Market Revenue Share, by Pharmaceutical Product (2021 and 2028)
Figure 10. Capsules: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 11. Tablets: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 12. Oral Liquids: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 13. Sprays: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. Asia Pacific Sexual Wellness Market Revenue Share, by Non-Pharmaceutical Product (2021 and 2028)
Figure 15. Sex Toys: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 16. Condoms: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. Intrauterine Devices: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. Contraceptive Implants: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. Others: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 20. Asia Pacific Sexual Wellness Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 21. Retail Pharmacies: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 22. Online Distribution: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 23. E-Commerce: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 24. Company Owned Websites: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 25. Specialty Sites: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 26. Mass Merchandize: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 27. Hospitals Pharmacies: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 28. Asia Pacific Sexual Wellness Market Revenue Share, by Application (2021 and 2028)
Figure 29. Erectile Dysfunction (ED) Treatment: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 30. Low Libido Improvement: Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 31. Premature Ejaculation Treatment: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 32. Orgasmic Dysfunction Treatment: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 33. Others: Asia Pacific Sexual Wellness Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 34. Asia Pacific: Sexual Wellness Market, by Key Country - Revenue (2021) (USD Million)
Figure 35. Asia Pacific: Sexual Wellness Market, by Country, 2021 & 2028 (%)
Figure 36. China Sexual Wellness Market - Revenue and Forecast to 2028 (USD Million)
Figure 37. Japan: Sexual Wellness Market - Revenue and Forecast to 2028 (USD Million)
Figure 38. India: Sexual Wellness Market - Revenue and Forecast to 2028 (USD Million)
Figure 39. South Korea: Sexual Wellness Market - Revenue and Forecast to 2028 (USD Million)
Figure 40. Australia: Sexual Wellness Market - Revenue and Forecast to 2028 (USD Million)
Figure 41. Rest of Asia Pacific: Sexual Wellness Market - Revenue and Forecast to 2028 (USD Million)
Figure 42. Growth Strategies in the Sexual Wellness Market (%)
Companies Mentioned
- Bayer AG
- Church & Dwight Co., Inc.
- HLL Lifecare Limited
- LIFESTYLES HEALTHCARE PTE LTD
- Lovehoney Group Ltd.
- Pfizer Inc.
- Reckitt Benckiser Group Plc
- TENGA Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 125 |
Published | January 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 12267.08 Million |
Forecasted Market Value ( USD | $ 18598.64 Million |
Compound Annual Growth Rate | 7.2% |
Regions Covered | Asia Pacific |
No. of Companies Mentioned | 8 |