Global Condoms Market Projected to Reach $3.91 Billion by 2010, According to New Report by Global Industry Analysts, Inc.
Demand for condoms is being spurred by the need to prevent the spread of sexually transmitted diseases and infections, as well as protecting against unintended pregnancies. Additionally driven by social marketing programs, in developing countries, which advocate the use of condoms, world condoms market is forecast to reach $3.9 billion by 2010.
San Jose, California (PRWEB) April 16, 2008 -- Condoms play a crucial role in the control of sexually transmitted infections. Further, of the various methods of contraception presently available, condoms effectively offer protection against unwanted pregnancies. Over the next few years, potential growth opportunities will be derived mostly from developing countries where governments encourage condom use as a way of curtailing sexually transmitted diseases and limiting population growth. Public health campaigns promoting greater awareness, commercial advertising, expanded distribution channels, and use of condoms by unconventional users such as gays have also resulted in an unprecedented increase in sales. Further, a shift in product positioning from health to fun coupled with introduction of innovative products such as pleasure-oriented/ enhanced sensation condoms, is also contributing to market growth.
As stated by Global Industry Analysts, Inc., United States and Europe, together, account for a 63% dollar share in the world condoms market as estimated in the year 2008. Volume sales in the world condoms market is projected to reach 26,290 million units by the year 2015. Sales of condoms in Asia-Pacific and Latin America together is forecast to reach 14,141 million units by the year 2012. Asia-Pacific, and Latin America, together, account for an estimated 64.26% volume share in the year 2008.
The global marketplace is relatively concentrated and dominated by several well-established players, such as, Ansell Limited, Church & Dwight Co. Inc., Female Health Co., Fuji Latex Co., Okamoto Industries Inc, SSL International Plc, Sagami Rubber Industries Co. Ltd, Hindustan Latex Ltd, CPR Produktions- und Vertriebs GmbH, Condomi Health International GmbH, and TTK-LIG Ltd.
"Condoms: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, product profile, players, competition, technological developments, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis is presented for major geographic markets such as United States, Japan, France, Germany, the UK, Italy, Spain, Asia, Latin America and the Middle East. Analytics in the report are provided for both male and female condoms in dollars and units.
For more details about this research report, please visit
http://www.strategyr.com/Condoms_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site www.StrategyR.com
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