
North America Sexual Wellness Market
No. of Pages: 121 | Report Code: TIPRE00026289 | Category: Life Sciences
No. of Pages: 121 | Report Code: TIPRE00026289 | Category: Life Sciences
Changing Perception Toward Use of Sexual Wellness Products Boosts North America Sexual Wellness Market Growth
The diminishment of taboos related to sexual health and pleasure is opening a vast market for the established brands offering a wide variety of products such as toys and personal lubricants. Growing concerns about personal hygiene, attractive and informative branding, and campaigning, along with increasing openness about sexual fantasies, are the significant factors driving the sexual wellness market across North America. Major sexual wellness brands are experiencing lucrative demand for sex toys from both men and women. Also, online shopping has further enhanced sales as these platforms allow customers to purchase products such as sex toys, lubricants, and condoms in a discrete manner. Many new players are entering the sexual wellness market due to the substantial potential.
Moreover, aging leads to many body changes such as vaginal dryness and erectile dysfunction, which can also be caused by stress, lifestyle changes, and chronic illnesses that can compromise the intimacy between partners. The application of lubricants provides the feel of natural vaginal lubricants and helps alleviate the problem, which makes them a preferred choice among consumers for masturbation and penetrative sex. The use of sex toys can increase arousal, relieve stress, and trigger hormonal changes, which is especially helpful for women approaching menopause. In addition, continuous advancements in products are further driving the sexual wellness market growth. Urja BEAUTY, a skincare brand, offers a collection of luxe vulva care products. Urja Intimates, a premium vulva and vagina care range, consists of Vibrant V pH Balanced Personal Wash, Intense Hydrating Lubricant, and Vibrant V Moisturizing Silky-Serum.
Market Overview
The North America sexual wellness market is segmented into the US, Canada, and Mexico. The US holds the largest share of the sexual wellness market owing to factors such as the increasing burden of sexual diseases, growing product launches, and rising R&D activities to develop advanced sexual wellness products. In the US, several barriers hinder achieving optimal sexual health due to the high exposure to sexually transmitted diseases, HIV, and other sexual health problems. However, the potential benefits of a sexual health approach are significant; this includes creating a broader coalition for change by emphasizing a prevention and wellness approach and an expanded role for public health in promoting sexual health. Within the U.S. Department of Health and Human Services (HHS), good sexual health and responsible sexual behavior are among the leading health indicators of healthy people. Erectile dysfunction worsens the sex life of the middle-aged population, and they rely on lubricants to aid in the process. Currently, ~30.0 million men in the US have erectile dysfunction. With the recent healthcare reform and a new focus on prevention, the government has committed to preventing unwanted teenage pregnancies and improving sexual health.
North America Sexual Wellness Market Revenue and Forecast to 2028 (US$ Million)
Strategic insights for the North America Sexual Wellness 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 2022 | US$ 23,165.78 Million |
Market Size by 2028 | US$ 34,649.63 Million |
Global CAGR (2022 - 2028) | 6.9% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Pharmaceutical Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The geographic scope of the North America Sexual Wellness 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.
North America Sexual Wellness Market Segmentation
The North America sexual wellness market is segmented on the basis of pharmaceutical product, non-pharmaceutical product, distribution channel, application, and country.
Bayer AG; Church & Dwight Co., Inc.; FUN FACTORY GmbH; LELO; LIFESTYLES HEALTHCARE PTE LTD; Lovehoney Group Ltd.; Pfizer Inc.; Reckitt Benckiser Group Plc; TENGA Co., Ltd.; and Topco Sales are the leading companies operating in the sexual wellness market in North America.
The North America Sexual Wellness Market is valued at US$ 23,165.78 Million in 2022, it is projected to reach US$ 34,649.63 Million by 2028.
As per our report North America Sexual Wellness Market, the market size is valued at US$ 23,165.78 Million in 2022, projecting it to reach US$ 34,649.63 Million by 2028. This translates to a CAGR of approximately 6.9% during the forecast period.
The North America Sexual Wellness 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 North America Sexual Wellness Market report:
The North America Sexual Wellness Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Sexual Wellness Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Sexual Wellness Market value chain can benefit from the information contained in a comprehensive market report.