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Asia Pacific Sex Toys Market
No. of Pages: 145 | Report Code: TIPRE00023036 | Category: Consumer Goods
No. of Pages: 145 | Report Code: TIPRE00023036 | Category: Consumer Goods
App-Enabled Distance Toys and Bluetooth-Powered Toys Boost the Asia Pacific Sex Toys Market During 2021–2028
Distance toys are the biggest selling products and are likely to remain so for the time being. People are interested in app-enabled and remote-control toys, and their interest continues to grow as more people find themselves separated from their partners during various situations, such as lockdowns and social distancing. For long-distance partners, a toy can help alleviate the pressure of phone or video sex, as it provides physical stimulation while one provides other types of pleasure according to comfort level, such as visual, audial, emotional, psychological, romantic, and fantasy-based pleasure. There are plenty of sex toys that work from one end of the room to the other. For long-distance partners (in different countries), We-Vibe and its We-Connect apps are a great option for long-distance play. Although We-Vibe may have been the first to put this technology to use, since then other brands, including OhMiBod, have released their own versions. Quarantined partners in different rooms can use Bluetooth-powered toys to share stimulation and stay connected. Sex tech company Kiiroo offers toys that connect via Bluetooth to interactive videos, virtual reality, a partner's toy, and more. Some Bluetooth toys allow a partner to use the controls, while others seek to link up toys for both to use at once says Queen. The Kiiroo products can also connect with cam professionals. Lovense also has a wide array of toys, from butt plugs and dildos to wands that can be controlled via Bluetooth. Thus, owing to these advancements, the Asia Pacific sex toys market is expected to drive the market.
Asia Pacific Sex Toys Market Overview
The Asia Pacific sex toys market is segmented into China, Japan, India, Australia, South Korea, and the Rest of APAC. In China, the demand for sex toys is fueled by the increasing e-commerce channels in the country. Online shopping, which accounted for over 40% of sex product retail in the country, is one of the driving forces behind the market growth. To prevent embarrassment, many customers in China tend to buy sex items from e-commerce platforms. Most popular products on shopping sites such as Tmall and Taobao are differed by gender. Mostly, males purchased masturbators, whereas females purchased lingerie. E-commerce is common because it effectively protects customers' privacy by not labeling items with their names and not revealing details about the customer during product delivery. The most diverse distribution channel platform is e-commerce that includes company websites, mobile apps, and social media. Thus, owing to these advancements, the Asia Pacific sex toys market is expected to grow rapidly during the forecast period.
Strategic insights for the Asia Pacific Sex Toys provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 7,367.07 Million |
Market Size by 2028 | US$ 12,718.60 Million |
Global CAGR (2021 - 2028) | 8.1% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Material
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
|
The geographic scope of the Asia Pacific Sex Toys refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Asia Pacific Sex Toys Market Segmentation
The Asia Pacific sex toys market is segmented on the basis of material, gender, product, distribution channel, and country.
Based on material, the Asia Pacific sex toys market is segmented into silicone, plastic, metal, glass, and others. The silicone segment held the largest market share in 2021.
Based on gender, the Asia Pacific sex toys market is bifurcated into female and male. The female segment held a larger market share in 2021.
Based on product, the Asia Pacific sex toys market is segmented into vibrators, dildos, anal toys, penis rings, BDSM toys, masturbation sleeves, sex dolls, clothing, and others. The vibrators segment held the largest market share in 2021.
Based on distribution channel, the Asia Pacific sex toys market is segmented into e-commerce, specialty stores, and others. The e-commerce segment held the largest market share in 2021.
Based on country, the market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China dominated the market share in 2021.
BMS Factory; LIFESTYLES HEALTHCARE PTE LTD; Lovehoney Group Ltd.; TENGA Co., Ltd.; and WOW Tech International GmbH are a few leading companies operating in the Asia Pacific sex toys market.
The Asia Pacific Sex Toys Market is valued at US$ 7,367.07 Million in 2021, it is projected to reach US$ 12,718.60 Million by 2028.
As per our report Asia Pacific Sex Toys Market, the market size is valued at US$ 7,367.07 Million in 2021, projecting it to reach US$ 12,718.60 Million by 2028. This translates to a CAGR of approximately 8.1% during the forecast period.
The Asia Pacific Sex Toys Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Sex Toys Market report:
The Asia Pacific Sex Toys Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Sex Toys Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Sex Toys Market value chain can benefit from the information contained in a comprehensive market report.