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: ETC091422 | Publication Date: Jun 2021 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Korea Condom market currently, in 2023, has witnessed an HHI of 2366, Which has decreased slightly as compared to the HHI of 4011 in 2017. The market is moving towards moderately competitive. 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 South Korea Condom Market report thoroughly covers the market by Material Type, Product, and Distribution Channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The condom market in South Korea is expected to grow at a steady rate due to increasing awareness about safe sex practices and a progressive attitude towards sexual health. However, the prevalence of traditional attitudes towards sex and cultural stigma around purchasing condoms may hinder its growth in the country. Overall, the market is driven by the need for protection against sexually transmitted diseases.
According to 6Wresearch, South Korea Condom Market size is expected to grow at a significant CAGR of 5.1% during the forecast period from 2025-2031. One of the main drivers for the growth of the condom market in South Korea is the government's efforts to promote safe sex practices and reduce the spread of sexually transmitted infections (STIs). Another factor contributing to the growth of the market is the increasing availability and variety of condoms. With the rise of e-commerce and online shopping, consumers now have easy access to a wide range of condom brands and types. This has increased competition and lowered the price of condoms.
One of the biggest challenges is the cultural stigma surrounding open discussions about sex and contraceptive use. The conservative mindset makes it difficult for individuals to openly purchase condoms or seek information about safe sex practices. Another challenge is the prevalence of counterfeit condoms in the market. These fake products not only pose health risks but also undermine consumer trust in legitimate condom brands.
One of the leading players in the South Korea condom market is Sagami, a Japanese manufacturer that has gained popularity for its thin and high-quality condoms. It is also known for its innovative products such as non-latex condoms made from polyurethane. Another significant player is Okamoto, which offers a wide range of condoms including ultra-thin and sensitive variants. Korean company Unidus Corporation also holds a major market share with its brands like ONE and Naturelle.
The government of South Korea has implemented various initiatives to promote safe sex practices and prevent the spread of sexually transmitted infections (STIs). One such initiative is the national distribution program, where free condoms are distributed to low-income individuals and students. The government has also launched a campaign called Enjoy Safe Sex to raise awareness about condom use. Additionally, the Ministry of Health and Welfare regularly conducts campaigns to educate the public on the importance of safe sex.
The South Korea condom market is expected to witness significant growth in the coming years due to increasing awareness about sexual health and the spread of STIs. A rise in disposable income and changing attitudes towards sex have also contributed to the market's growth. Technological advancements such as the introduction of ultra-thin condoms and custom-fit options are also expected to drive market growth.
According to Ravi Bhandari, Research Manager, 6Wresearch, the Latex segment dominates the market. They are also known for their durability and ability to stretch, making them suitable for various sizes.
Based on the Distribution Channel, e-commerce has become an increasingly popular distribution channel for condom sales in South Korea. Online platforms such as Coupang, Gmarket and 11st offer a wide variety of brands and types of condoms, making it a convenient option for customers to purchase from the comfort of their homes.
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 South Korea Condom Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Condom Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Condom Market - Industry Life Cycle |
3.4 South Korea Condom Market - Porter's Five Forces |
3.5 South Korea Condom Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 South Korea Condom Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 South Korea Condom Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 South Korea Condom Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Condom Market Trends |
6 South Korea Condom Market, By Types |
6.1 South Korea Condom Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Condom Market Revenues & Volume, By Material Type, 2021-2031F |
6.1.3 South Korea Condom Market Revenues & Volume, By Latex, 2021-2031F |
6.1.4 South Korea Condom Market Revenues & Volume, By Non-Latex, 2021-2031F |
6.2 South Korea Condom Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 South Korea Condom Market Revenues & Volume, By Male Condoms, 2021-2031F |
6.2.3 South Korea Condom Market Revenues & Volume, By Female Condoms, 2021-2031F |
6.3 South Korea Condom Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 South Korea Condom Market Revenues & Volume, By Mass Merchandizers, 2021-2031F |
6.3.3 South Korea Condom Market Revenues & Volume, By Drug Stores, 2021-2031F |
6.3.4 South Korea Condom Market Revenues & Volume, By e-Commerce, 2021-2031F |
7 South Korea Condom Market Import-Export Trade Statistics |
7.1 South Korea Condom Market Export to Major Countries |
7.2 South Korea Condom Market Imports from Major Countries |
8 South Korea Condom Market Key Performance Indicators |
9 South Korea Condom Market - Opportunity Assessment |
9.1 South Korea Condom Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 South Korea Condom Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 South Korea Condom Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 South Korea Condom Market - Competitive Landscape |
10.1 South Korea Condom Market Revenue Share, By Companies, 2024 |
10.2 South Korea Condom Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |