Sex Toys Market to Grow at a Steady CAGR During Forecast Period
Increasing awareness and
changing perception among users are expected to drive the growth of global sex
toys market
According
to TechSci Research,“Global Sex
Toys Market By Product (Adult Vibrators, Dildos, Lubricants, Erection
Rings, Handcuffs, Others),By End-User (Male, Female), By Distribution Channel
(Specialty Stores, Online and Mass merchandizers), By Region, Forecast &
Opportunities, 2025”, the global sex toys market is
expected to grow at a steady CAGR during the forecast period on account of growing
trend of embracing sexuality and increasing customer awareness related to sex
toys. A large variety of sex toys are present in the market which include
luxury love devices, romantic toys and kinky play toys. The growing popularity
of concept such as bondage, discipline, sadism and masochism (BDSM) are inspiring
manufacturers to introduce variety of products. The presence of large number of
specialty sex toys stores and online channels is also one of the factors for
the growth in sex toys market. The rising e-commerce business has been playing
a major role in the growth of global sex toys market due to the availability of
these toys for the widespread population. People are freely discussing their
sexual needs and are using sex toys to enhance their sexual experiences. Increasing
penetration of social media and influence of pop culture is playing crucial
role in increasing awareness about sexual health, thereby, fueling the demand
for sex related products or sex toys. There are no safety regulations for the
sex toys industry which allows manufacturers to develop products, without any
restrictions of reporting the material used in the product, thereby driving the
market.
Browse
XX market data Tables and XX Figures spread through XXX
Pages and an in-depth TOC on" Global Sex Toys Market"
https://www.techsciresearch.com/report/sex-toys-market/5030.html
The global sex toys market is segmented based on product, end-user,
distribution channel, company and region. Based on end-user, female segment is
expected to dominate the market share in the forecast period. A wide range of
sex toys products are available in the market which are for female population, thereby
contributing to the growth of female segment. Based on distribution channel,
online segment is expected to dominate the market during the forecast period.
In many developing countries, sex toys are not legally and socially accepted, and
people prefer to purchase them through online channels, which is driving the
growth of the segment.
Doc Johnson Enterprises, Church & Dwight Co. Inc.,
Reckitt Benckiser Group Plc., Lovehoney Group Ltd., Lifestyles Healthcare Pte
Ltd, BMS Factory, TENGA Co. Ltd, We-Vibe, LELOI AB (LELO), Fun Factory GmbH,
Luvu Brands Inc. are some of the
leading players operating in global sex toys market. The
companies operating in the market are using organic strategies such as product
launches, mergers and collaborations to boost their share.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=5030
Customers can also request for 10% free customization on
this report.
“North America held lion’s share in 2019
and is expected to dominate global sex toys market during forecast period as
well due to high social acceptance and presence of large number of
manufacturers and retailers in countries like United States, Canada, etc. Liberal
sexual lifestyle and presence of several adult stores are some other factors contributing
towards high demand for sex toys in the region. Major retailers such as Target
and Walmart have started selling these products, which is further boosting the
market in the region.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“Global Sex Toys Market By Product (Adult Vibrators,
Dildos, Lubricants, Erection Rings, Handcuffs, Others), By End-User (Male,
Female), By Distribution Channel (Specialty Stores, Online and Mass
merchandizers), By Region, Forecast & Opportunities, 2025”, has
evaluated the future growth potential of global sex toys market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in global sex toys market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Website : https://www.techsciresearch.com/