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2020-02-25
475
United States
In US number of marketers and retailers has come to embrace the sexual wellness movement, for instance, condom manufacturers have extended their lines to include pocket-sized vibrators and vibrating rings. The FDA regulates condoms, considering them to be a medical device. According to Food and Drug Administration, the condoms are required to be at least 6.69 inches long, even though the length of the average erect penis is 5.57 inches long. For instance, MyONE Perfect Fit is inventing a custom-fit condom order condoms specifically made for size of the users and offers combinations of 10 lengths and 9 widths, with sizes both smaller and larger than what has previously been available to customers where consumers can either enter their own measurements online, get a size recommendation based on past condom use or print out the company’s FitKit, which forgoes inches and centimeters for measurements by letters. According to the study, even with lots of “choices” on the market, condom does not fit to nearly 50% of men.Sexually transmitted infection (STI) continues to spread like wildfire with 1 million cases worldwide every day and presence of untreated STI increases the odds of HIV acquisition leading to AIDS transmission by up to 10 times. Devices such as vibrators that were once only sold online and in specialty shops are now being offered by reputable mass retailers. In addition, the proliferation of the internet is making online stores the fastest-growing distribution channel in the United States custom fit condom market. The paucity of funds due to the cultural taboo factor and ambiguous legal issues, investors stall to invade into the industry which also makes it tough to sustain and bloom the business in such a compact market. In addition, lack of sex-positive education and awareness is one of the biggest challenges condom companies face in the market.
By Material
In 2017, the latex segment dominated the market both in terms of revenue and unit shipment owing to fact that 90% of all the condoms manufactured are latex and its outstanding elasticity properties. Non-latex types are also gaining popularity on the account of good alternative for the people who are allergic to latex.
By Distribution Channel
Online websites are the fastest-growing distribution channel but the retail channel will still have the highest market share in the United States Custom Fit Condom market and growth in online sales is projected to increase by over 8.9% year on year. For instance, prominent retailers such as Sear's, Wal-Mart, Tesco, and Sainsbury’s are focusing on offering different products through their online channels to gain a larger market share.
By Manufacturing Type
OBM products deliver better margins than original equipment manufacturer (OEM) products; however, OEM’s dominated the market in 2017.
The report covers the present ground scenario and the future growth prospects of the healthcare market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players worldwide. United States Custom Fit Condom Market Outlook is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.
United States Custom Fit Condom Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Diabetes Management Devices market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “United States Custom Fit Condom Market Outlook Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.
Our US Custom Fit Condom Market Outlook Report comprises of the following companies as the key players: myONE Perfect Fit, Polyurethane condom manufacturer, MANGOCONDOM.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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