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: ETC091423 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Condom market currently, in 2023, has witnessed an HHI of 4940, Which has increased moderately as compared to the HHI of 2600 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 India Condom Market Report thoroughly covers the market by material type, product, and distribution channel. The India Condom Market Outlook report provides an unbiased and detailed analysis of the ongoing India 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.
India Condom Market has significant growth potential and is anticipated to flourish in the future on the back of the rising awareness and changing perception of sex, as well as growing public health concerns such as STDs and unwanted pregnancies.
According to 6Wresearch, the India Condom Market size is estimated to expand at a CAGR of 7.4% during 2024-2030. Numerous factors are drivingΒ the growth of the condom market in India. Firstly, the increasing awareness and changing perception of sex has become an essential determinant of the market's growth. The younger generation of Indians has become more proactive in terms of their sexual health, leading to a surge in demand for condoms. Secondly, rising public health concerns such as STDs and unwanted pregnancies have steered the country towards the use of contraceptive products. Lastly, India's robust demographics, coupled with the increasing disposable income of people living in urban areas, have significantly contributed to the India Condom Market growth.
There are many major challenges that the industry faces. First, there remains a social stigma attached to the use of condoms. Second, there are regulatory obstacles, as the government has been hesitant to adopt sexual health and family planning programs. Finally, the price of condoms remains high in comparison to other contraceptive methods, which curtails the market's growth potential among low-income segments of the population.
Topping the list of key players in the Indian condom market is the Hindustan Latex Family Planning Promotion Trust (HLFPPT), better known as Moods. Moods hold an estimated 15% share of the market. Alongside Moods, there are various other players in the industry, including Durex, Skore, and Manforce, among others. These top players continue to offer new and innovative products to stay competitive in this rapidly expanding market.
While the government has been instrumental in promoting the use of condoms and contraceptives, there remains a significant gap between policy and implementation in India. The "Health Ministry's National Family Planning Program," launched in 1952, aimed to popularize the use of contraceptives, including condoms. In 2017, the government's push under the "Mission Parivar Vikas" program to increase access to contraceptives was successful by reaching 20 million new users. However, the lack of comprehensive sex education programs coupled with the country's cultural attitudes towards sex makes implementing such programs a difficult task.
India condom market is growing, and the future seems promising. With the growing awareness of sexual health among the population and government efforts to promote the use of contraceptives, the market's demand will continue to rise. The introduction of innovative and flavored condoms is also expected to contribute to the overall growth of the industry.
According to Dhaval, Research Manager, 6Wresearch, the Indian market for non-latex condoms is growing faster due to various factors such as rising latex allergies and increased awareness about their availability. There are many types of non-latex condoms available in the market, such as polyisoprene condoms that offer similar sensations to the latex version, polyurethane condoms that transmit heat better than latex condoms, as well as nitrile condoms that have a lower risk of breakage.
The male condom segment remains the largest and fastest-growing segment of the Indian condom market. However, the female condom segment is expected to grow in the coming years, with the government's initiatives and the introduction of lower-cost options.
The report provides a detailed analysis of the following 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 India Condom Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Condom Market Revenues & Volume, 2020 & 2030F |
3.3 India Condom Market - Industry Life Cycle |
3.4 India Condom Market - Porter's Five Forces |
3.5 India Condom Market Revenues & Volume Share, By Material Type, 2020 & 2030F |
3.6 India Condom Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.7 India Condom Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 India Condom Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Condom Market Trends |
6 India Condom Market, By Types |
6.1 India Condom Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 India Condom Market Revenues & Volume, By Material Type, 2020 - 2030F |
6.1.3 India Condom Market Revenues & Volume, By Latex, 2020 - 2030F |
6.1.4 India Condom Market Revenues & Volume, By Non-Latex, 2020 - 2030F |
6.2 India Condom Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 India Condom Market Revenues & Volume, By Male Condoms, 2020 - 2030F |
6.2.3 India Condom Market Revenues & Volume, By Female Condoms, 2020 - 2030F |
6.3 India Condom Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Condom Market Revenues & Volume, By Mass Merchandizers, 2020 - 2030F |
6.3.3 India Condom Market Revenues & Volume, By Drug Stores, 2020 - 2030F |
6.3.4 India Condom Market Revenues & Volume, By e-Commerce, 2020 - 2030F |
7 India Condom Market Import-Export Trade Statistics |
7.1 India Condom Market Export to Major Countries |
7.2 India Condom Market Imports from Major Countries |
8 India Condom Market Key Performance Indicators |
9 India Condom Market - Opportunity Assessment |
9.1 India Condom Market Opportunity Assessment, By Material Type, 2020 & 2030F |
9.2 India Condom Market Opportunity Assessment, By Product, 2020 & 2030F |
9.3 India Condom Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 India Condom Market - Competitive Landscape |
10.1 India Condom Market Revenue Share, By Companies, 2023 |
10.2 India Condom Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |