Market Forecast By Material Type (Latex, Non-Latex), By Product (Male Condoms, Female Condoms), By Distribution Channel (Mass Merchandizers, Drug Stores, e-Commerce) And Competitive Landscape
Product Code: ETC091401 | Publication Date: Jun 2021 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Brazil Condom market currently, in 2023, has witnessed an HHI of 3162, Which has increased slightly as compared to the HHI of 3022 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Brazil Condom Market Report thoroughly covers the market by Material Type, Product and Distribution Channel. The Brazil Condom Market Outlook report provides an unbiased and detailed analysis of the ongoing Brazil Condom Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The Brazil Condom Market is witnessing prominent growth and is expected to grow more in the future. This growth can be attributed to the increasing awareness and education about safe sex. Along with this the rise of e-commerce, technological advancements, social and cultural shift, and the government initiatives also lead to the growth of the Brazil Condom Market.
According to 6Wresearch, Brazil Condom Market is projected to rise at a CAGR of 6.8% during the period of 2024-2030. One of the major drivers in the growth of market is the increasing awareness and education about safe sex which is driven by the rising HIV/AIDS cases and other infections which underscore the importance of proper condom use, leading to increased adoption among men and women and in turn fuels the market growth. Additionally, Brazilβs condom market owes part of its growth to the surge in e-commerce platforms as online shopping enables discreet condom purchases, eliminating face-to-face interactions and driving overall demand. However, there are also some challenges faced by the market, such as the stigma surrounding condom use in some parts of Brazil, particularly among men can prevent individuals from purchasing or using condoms and the limited access to condoms in rural areas, makes it difficult for individuals living in these regions to obtain them easily and this can be due to a lack of distribution channels or resources. On the other hand, some trends are supporting the Brazil Condom Market growth such as technological advancements in condoms which leads to the creation of innovative condom products propels the growth of the market. Moreover, in Brazil, changing social norms have fostered greater acceptance of safe sex practices which results in increased condom usage and which in leads to the growth of the market.
Some Key Players in the Brazil Condom Market include names like DKT International, Reckitt Benckiser Group Plc, Karex Berhad, BILLY BOY, and Fuji Latex Co. Ltd. These companies have a significant presence in the Brazilian market and are continuously investing in research and development to improve their products and cater to evolving consumer needs. Moreover, these players also focus on expanding their distribution channels to reach a wider audience.
The government initiatives such as the National Program for the Prevention and Control of Sexually Transmitted Infections and HIV/AIDS which aims to increase access to condoms and other preventive measures, as well as provide treatment for STIs and HIV/AIDS, contributes to the growth of the market. Additionally, the Brazilian governmentβs tax exemption from imported condoms makes them more affordable for consumers and which in turn drives the growth of the market.
Brazil Condom industry is witnessing significant growth which can be attributed to the increasing awareness and education about safe sex. Along with this the rise of e-commerce, technological advancements, social and cultural shift, and the government initiatives such as the National Program for the Prevention and Control of Sexually Transmitted Infections and HIV/AIDS which aims to increase access to condoms and other preventive measures, as well as provide treatment for STIs and HIV/AIDS.
According to Ravi Bhandari, Research Head, 6Wresearch, the latex segment is the dominant segment in the industry due to its cost-effectiveness, high availability, and effectiveness in preventing STIs and unplanned pregnancies.
Based on the product, male condoms are leading by a significant margin in terms of both sales volume and consumer preference. This trend is largely attributed to the widespread availability, ease of use, and general societal acceptance of male condoms as a primary contraceptive method and a preventative measure against sexually transmitted infections (STIs).
Based on Distribution Channel, e-commerce has emerged as the leading distribution channel, seeing significant growth in recent years. This surge is powered by the convenience and privacy it offers consumers, allowing them to purchase condoms discreetly and efficiently without the discomfort that some may experience in traditional retail settings.Β
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Brazil Condom Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Condom Market Revenues & Volume, 2020 & 2030F |
3.3 Brazil Condom Market - Industry Life Cycle |
3.4 Brazil Condom Market - Porter's Five Forces |
3.5 Brazil Condom Market Revenues & Volume Share, By Material Type, 2020 & 2030F |
3.6 Brazil Condom Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.7 Brazil Condom Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Brazil Condom Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brazil Condom Market Trends |
6 Brazil Condom Market, By Types |
6.1 Brazil Condom Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Brazil Condom Market Revenues & Volume, By Material Type, 2020 - 2030F |
6.1.3 Brazil Condom Market Revenues & Volume, By Latex, 2020 - 2030F |
6.1.4 Brazil Condom Market Revenues & Volume, By Non-Latex, 2020 - 2030F |
6.2 Brazil Condom Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Brazil Condom Market Revenues & Volume, By Male Condoms, 2020 - 2030F |
6.2.3 Brazil Condom Market Revenues & Volume, By Female Condoms, 2020 - 2030F |
6.3 Brazil Condom Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Brazil Condom Market Revenues & Volume, By Mass Merchandizers, 2020 - 2030F |
6.3.3 Brazil Condom Market Revenues & Volume, By Drug Stores, 2020 - 2030F |
6.3.4 Brazil Condom Market Revenues & Volume, By e-Commerce, 2020 - 2030F |
7 Brazil Condom Market Import-Export Trade Statistics |
7.1 Brazil Condom Market Export to Major Countries |
7.2 Brazil Condom Market Imports from Major Countries |
8 Brazil Condom Market Key Performance Indicators |
9 Brazil Condom Market - Opportunity Assessment |
9.1 Brazil Condom Market Opportunity Assessment, By Material Type, 2020 & 2030F |
9.2 Brazil Condom Market Opportunity Assessment, By Product, 2020 & 2030F |
9.3 Brazil Condom Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Brazil Condom Market - Competitive Landscape |
10.1 Brazil Condom Market Revenue Share, By Companies, 2023 |
10.2 Brazil Condom Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |