India Sex Toys Market to Grow at CAGR of 15.87% through FY2026
Emergence of ecommerce sites
for purchasing adult products and growing western influence to drive India sex
toys market
According
to TechSci Research report, “India Sex Toys Market By Product (Adult
Vibrator, Massager, Dildo, Others), By End User (Male, Female), By Region,
Competition, Forecast & Opportunities, FY2026”, India sex toys market
was valued USD 91.34 Million in FY2020 and is expected to grow at double digit
CAGR of 15.87% until FY2026. Key factors propelling the growth of India sex toys market include increasing
western influence and changing mindset of Indians, which is leading to overcoming
their inhibitions. As there is rise in awareness about sexual health among
people, they are searching for ways to take care of it, which is boosting
adoption of sex toys. Increasing amount of scientific evidence is pointing to
sex toys being beneficial in having a healthy sex life. Sex toys such as
vibrators are very useful in improving sexual function. Sex toys like
constriction rings help in longer erection and delays ejaculation. As a matter of fact, customers are increasingly
looking for sex toys that would treat their specific sex problem.
Over the last few years, the show business is talking
and showcasing the usage of sex toys. The mainstream movies have openly shown
them on screen, leading to higher acceptance among consumers. Unlike various
regions across the globe, sex toys continue to be a taboo in most parts of
India. Though people may not have used sex toys but the awareness level is now
increasing. Till recently, people in India were of the opinion that the sex
toys are for singles, but this perception has also changed after watching
movies that increase consumer know-how about such products.
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20 market data Figures spread through 55 Pages and an
in-depth TOC on"India Sex Toys Market"
https://www.techsciresearch.com/report/india-sex-toys-market/5018.html
India
sex toys market is segmented based on product, end user, distribution channel
and region. Based on end user, the market can be bifurcated into male and
female. Female accounted for the share of 65.43% in FY2020 and the trend is
likely to continue through FY2026.
Major players operating in the India sex
toys market include Happy Birds Inc Private Limited (IMBesharam), Shycart,
Kaamastra, That’Personal.com and Lovetreats. The companies are adopting growth strategies
like new product launches and partnership to increase their market share in
India.
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“People
in India prefer to buy sex toys through online channels, preferably a company’s
website. The growth of online sales has made companies rethink about their
sales channels, as it has majorly affected the direct selling channel.
Companies which were earlier following the direct selling model are shifting
their focus to online sales as it is much more cost-effective and offers a
wider reach.,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“India Sex Toys Market By Product (Adult Vibrator,
Massager, Dildo, Others), By End User (Male, Female), By Region, Competition,
Forecast & Opportunities, FY2026” has
evaluated the future growth potential of India 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 India sex toys market.
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