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https://www.grandviewresearch.com/industry-analysis/sex-toys-market
The global sex toys market size was valued at USD 30.48 billion in 2021. It is expected to expand at a compound annual growth rate (CAGR) of 8.4% from 2022 to 2030. Increased spending capacities and improved standard of living in developing economies are the factors expected to drive market growth during the forecast period. Novelty adult products are gaining a mainstream position in the sexual wellness industry with their growing popularity among all age groups. Acceptance of the LGBTQ+ community and growing interest among women toward experimenting with sexual wellness products without hesitation is promoting the adoption of such products and hence, driving the market growth. Liberalization, penetration of social media, and the influence of pop culture have resulted in increasing awareness about the importance of sexual health. Moreover, the nonexistence of manufacturing regulations allows the manufacturers to develop female and male-centric products without any restrictions on reporting the material or chemical used in the products. Manufacturers are thus at liberty to develop many products under the label of novelty toys. Products such as vibrators, dildos, and e-stimulators are widely used by both genders for sexual stimulation. cool18.comU.S. sex toys market size, by type, 2020 - 2030 (USD Billion)
To learn more about this report, request a free sample copy cool18.comThe increasing popularity of sex toys has been observed worldwide. Women, as well as couples, are experimenting with sex toys such as Bluetooth vibrators, luxury love toys, romantic toys, and automated toys, to enhance the sexual experience while making love or masturbating. Sex toys are also known to have medical benefits. They are helpful in the treatment of menopausal symptoms and neurological conditions such as lack of arousal. In men, toys help tackle sexual problems including premature ejaculation, lack of libido, and erectile dysfunction. Growing adoption of sex toys to treat these issues is likely to contribute to market growth in the coming years. cool18.comOne of the growing trends in the sex toys industry is the adoption of cutting-edge technology for the development of innovative products. Virtual gadgets, remotely connected devices, robots, immersive entertainment, and augmented reality are factors expected to change the landscape of the market in the coming years. For instance, EXOLOVER PTY LTD. is an Australian startup that develops adult novelty devices using blockchain technology, allowing remote interaction and sharing real-time intimate sensations. cool18.comCOVID-19 Impact
There was a positive COVID-19 impact on the sex toy market, increased web traffic, and a surge in sales of toys during the initial stage of the pandemic due to social distancing and quarantine. During COVID-19, customers shifted towards app-enabled sex toys and Bluetooth-powered toys, also known as teledildonics, to reduce the exposure to harmful chemicals in sex toys. In addition, the increasing adoption of toys is attributed to couples experimenting with their relationship. Some of the market players are coming up with new toys that use technology to enhance customer experience. For instance, Lovense Lush Bullet Vibrator is a Bluetooth device that can be operated from anywhere. In addition, New Zealand’s Adult toy megastore has tripled its sales during the COVID times, similar growth trends were observed in the UK, Denmark, Columbia, and the U.S. cool18.comThe sex toys market witnessed an increment of over 26% from 2019 to 2020. As per the earlier projection, the market was expected to be nearly USD 29 billion in 2020. Total and partial lockdowns had resulted in increased sexual activities among individuals and in turn the usage of sex toys such as vibrators, dildos, and massage products. Favorable regulatory changes regarding LGBTQ+ relationships had resulted in a larger use of these products including, penile rings, anal toys, and vibrators. In 2021, the market witnessed a slight decline of nearly 9% as compared to 2020, before resuming its growth trajectory by mid-2022. Improving regulatory structure in Asian countries and increasing acceptance of sex toys as a medium of increasing satisfaction among married couples will continue to boost the growth of sex toys in the coming few years. cool18.comReport Coverage & Deliverables
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Type Insights
The female segment dominated the market with a revenue share of around 60% in 2021. Surpassing the taboo and social stigma, a wide range of women’s products are easily available in the market. Products such as vibrators, dildos, and anal beads are displayed directly in the wellness department. Manufacturers have generally targeted women for manufacturing toys around the female anatomy. The increasing popularity of male sex toys such as penile rings, penis pumps, and penis vibrators is expected the boost the growth of the male sex toys segment. Online retailers, as well as hypermarkets, are stocking sex toys alongside condoms in their wellness segment, providing easy access to men looking to enhance their sexual health. cool18.comThe COVID-19 pandemic forced people worldwide to stay indoors or self-isolate at home and practice self-care, including self-pleasure. This has led to an increase in the sales of sex toys, especially in developed and developing markets. Sales of products such as personal massagers, vibrators, flashlights, blindfolds, handcuffs, and bondage items have surpassed the estimated sales for the last 3 months compared to 2019. Manufacturers are also introducing various products along with toys for a safer experience for customers, such as personal lubricants, toy cleaning wipes, air pulsing arousers, massagers, and toy cleaners. cool18.comDistribution Channel Insights
The e-commerce platforms and online retailers segment held the largest market share of around 63% in 2021. Increasing penetration of the internet and the availability of numerous sex toys on e-commerce platforms are driving the growth of the segment. The anonymity maintained in product delivery is an added advantage for customers opting for online purchases over brick-and-mortar adult stores. Based on the distribution channel, the global sex toys market is segmented into E-commerce, specialty stores, and mass merchandisers. cool18.comOnline stores and retailers have reported significantly high demand for adult toys, with the worldwide lockdown to combat the COVID-19 pandemic. To fulfill this increasing demand for sex toys during the period of self-quarantine, maintaining an adequate supply is a major challenge for manufacturers, distributors, and retailers. The supply and distribution chain are adversely affected due to the global shutdown of air freights and shipments. This is expected to increase import duties in several countries, which in turn is expected to increase the prices of imported sex toys. cool18.comGlobal sex toys market share, by distribution channel, 2021 (%)
To learn more about this report, request a free sample copy cool18.comIn developing countries, sales of toys have legal concerns and online retailers are often the only source of purchase. According to a survey by Reckitt Benckiser in 2019, around 74% of Indians expressed their interest to explore and try new things sexually. More than 35% of the online orders for sex toys in India are from non-metro & tier 1 cities. cool18.comRegional Insights
North America held the largest share of over 33% in 2021, owing to the presence of numerous manufacturers and retailers providing easy access to products. According to a survey conducted in the U.S. in 2019, 53% of Americans used sex toys for improving their sexual experience. Social acceptance and liberal sexual lifestyle in the U.S. and Canada, along with the presence of multiple adult stores, are expected to boost demand for adult novelty items during the forecast period. Manufacturers in North America such as Doc Johnson in the U.S. and Cal Exotics in Ontario have experienced increased sales of sex toys in the first quarter of 2020. cool18.comEuropean countries, such as Germany, Italy, France, the U.K., Denmark, and Belgium, are leading contributors to the market. Traditional vibrators and dildos are the most popular products in these countries. The presence of some of the leading brands, such as LELO, Lovehoney, Durex, and Fun Factory, which cater to the requirements of the European community, had positioned Europe as the second-largest market in 2021. cool18.comReducing social stigma by changing customer perception toward sex and increasing online retailers are expected to drive demand for sex toys in the Asia Pacific. Countries such as Singapore and New Zealand are now catering to the sexual needs of women through the promotion of the sex toys industry. cool18.comKey Companies & Market Share Insights
The global market is highly competitive with the presence of global and regional manufacturers. Manufacturers are launching some of the most luxurious and exotic products using advanced technology. For instance, some of the market players are focusing on couple sex toys. In 2021, clitoral stimulators, suction vibrators, wand vibrators, and oral stimulators were trending. Also, Stylecaster introduced an oral sex stimulation toy in 2021. cool18.comIn March 2020, online sales for PinkCherry’s Womanizer vibrator (produced by WOW Tech Group) increased after a stay-at-home campaign with billboards that read SCREAM YOUR OWN NAME was released at multiple sites. Some of the brands that are high in demand during this pandemic in Canada include Womanizer, Magic Wand Rechargeable, Tenga Egg, Je Joue Uma, Njoy Pure Wand, Fuze, and Pleasure Plug. In July 2019, LifeStyles Healthcare announced the launch of three new intimate accessories under its SKYN brand-SKYN Thrill, SKYN Vibes, and SKYN Shiver. cool18.comMarketing strategies used for these products are changing. Manufacturers are working on removing the pornographic image associated with sexual wellness products and rebranding the use of vibrators as a healthy means of improving sex life. Some of the prominent players in the global sex toys market include cool18.comChurch & Dwight Co., Inc. cool18.comReckitt Benckiser Group plc cool18.comLELO cool18.comLifeStyles Healthcare Pte Ltd cool18.comDoc Johnson Enterprises cool18.comLovehoney Group Ltd cool18.comBMS Factory cool18.comPinkCherry cool18.comTenga Co., Ltd. cool18.comFun Factory cool18.comWe-Vibe cool18.com Sex Toys Market Report Scope
Report Attributes cool18.comDetails cool18.comMarket size value in 2022 cool18.comUSD 32.72 billion cool18.comRevenue forecast in 2030 cool18.comUSD 62.32 billion cool18.comGrowth Rate cool18.comCAGR of 8.4% cool18.comBase year for estimation cool18.com2021 cool18.comHistorical data cool18.com2017 – 2020 cool18.comForecast period cool18.com2022 – 2030 cool18.comQuantitative units cool18.comRevenue in USD million and CAGR from 2022 to 2030 cool18.comReport coverage cool18.comRevenue forecast, company ranking, competitive landscape, growth factors, and trends cool18.comSegments covered cool18.comType, distribution channel, region cool18.comRegional scope cool18.comNorth America; Europe; Asia Pacific; Latin America; Middle East & Africa cool18.comCountry scope cool18.comU.S.; Canada; U.K.; Germany; France; Italy; Spain; Japan; China; India; Australia; South Korea, New Zealand, Brazil; Mexico; Argentina; South Africa cool18.comKey companies profiled cool18.comChurch & Dwight Co., Inc.; Reckitt Benckiser Group plc; LELO; LifeStyles Healthcare Pte Ltd; Doc Johnson Enterprises; Lovehoney Group Ltd; BMS Factory; PinkCherry, Tenga Co., Ltd.; Fun Factory; We-Vibe cool18.comCustomization scope cool18.comFree report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope cool18.comPricing and purchase options cool18.comAvail customized purchase options to meet your exact research needs. Explore purchase options cool18.com
Segments Covered in the Report
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global sex toys market report based on type, product, distribution channel, and region: cool18.comType Outlook (Revenue, USD Million, 2017 - 2030) cool18.comFemale cool18.comMale cool18.comProduct Outlook (Revenue, USD Million, 2017 - 2030) cool18.comVibrators cool18.comDildos cool18.comPenis Rings cool18.comAnal Toys cool18.comMasturbation Sleeves cool18.comBondage cool18.comSex Dolls cool18.comOthers cool18.comDistribution Channel Outlook (Revenue, USD Million, 2017 - 2030) cool18.comE-commerce cool18.comSpecialty Stores cool18.comMass Merchandizers cool18.comRegional Outlook (Revenue, USD Million, 2017 - 2030) cool18.comNorth America cool18.comU.S. cool18.comCanada cool18.comEurope cool18.comU.K. cool18.comGermany cool18.comFrance cool18.comItaly cool18.comSpain cool18.comAsia Pacific cool18.comChina cool18.comJapan cool18.comIndia cool18.comAustralia cool18.comNew Zealand cool18.comSouth Korea cool18.comLatin America cool18.comBrazil cool18.comMexico cool18.comMiddle East & Africa cool18.comSouth Africa cool18.comhttps://www.grandviewresearch.com/industry-analysis/sex-toys-market
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