Global condom market to reach $26.3b by 2035

Asia-Pacific will dominate the market during the forecast period.

The global condom market is projected to reach $26.3b by 2035, with a compounded annual growth rate (CAGR) of 5.8% from 2024 to 2035, according to Allied Market Research report.

Government programs encouraging contraception, growing concerns about sexually transmitted infections, and increased sexual health knowledge are the main factors driving market growth.

Asia-Pacific held the biggest market share in 2023 and will continue to dominate the market during the forecast period with the fastest CAGR of 6%.

By type, the latex segment accounted for nearly four-fifths of the condom market share and is estimated to maintain to lead the market due to its affordability, elasticity, and effectiveness.

The non-latex segment, however, showed the fastest CAGR of 6.3% during the forecast period due to allergies and sensitivity concerns.

By distribution channel, drug stores held the highest market share in 2023, accounting for nearly two-fifths of the condom market share. It is estimated to maintain its standing throughout the forecast period.

Meanwhile, the e-commerce segment will likely see the fastest CAGR of 6.9% as it enables discreet purchasing, offers subscription models, and expands product accessibility.