Dublin, Aug. 07, 2024 (GLOBE NEWSWIRE) -- The "Sex Toys - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Sex Toys is estimated at US$48.6 Billion in 2023 and is projected to reach US$82.2 Billion by 2030, growing at a CAGR of 7.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the sex toys market is driven by several factors, including technological advancements, changing societal attitudes, and an increasing focus on sexual health and wellness. As technology continues to advance, manufacturers are introducing a wide range of high-tech, user-friendly products that cater to an increasingly tech-savvy consumer base looking for personalized experiences.
Additionally, educational efforts by sexual health advocates and more open discussions around sex and intimacy are encouraging individuals to explore their sexuality in new ways. Consumer behavior has also shifted, with an increasing number of people prioritizing personal well-being, which extends into their sexual lives. This convergence of technology, education, and consumer health consciousness continues to propel market expansion and diversification, promising sustained growth in the years to come.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Sex Toys Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Sex Toys Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Adult Vibrators segment, which is expected to reach US$36.8 Billion by 2030 with a CAGR of a 8.3%. The Dildos segment is also set to grow at 7.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $14.7 Billion in 2023, and China, forecasted to grow at an impressive 10.6% CAGR to reach $12.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Bad Dragon Enterprises, Inc., Bijoux Indiscrets SL, California Exotic Novelties, LLC, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 260 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $48.6 Billion |
| Forecasted Market Value (USD) by 2030 | $82.2 Billion |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
MARKET OVERVIEW
- Sex Toys - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Overcoming Stigma Surrounding Sexual Wellness Provides the Foundation for Growth in the Sex Toys Market
- Robustly Growing Demand for Sexual Wellness Products is a Harbinger of Good Times to Come for the Sex Toys Market: Global Market for Sexual Wellness (In US$ Billion) for Years 2020, 2022, 2024, 2026 & 2028
- Sex Toys: Definition, Types & Benefits
- Recent Market Activity
- Innovations
- World Brands
MARKET TRENDS & DRIVERS
- Positive Changes in Customer Attitudes benefits Sexual Wellness Products Including Sex Toys
- Growing Population Drives Increased Use of Sex Toys
- A Sexually Liberated Population Bodes Well for the Sex Toys Market
- Rising Acceptance of Sex Toys as Appropriate Wedding Presents Opens a New Avenue for Sales Growth
- Acceptance of the Growing LGBTQ Community Drives Demand for Sex Toys
- Connected Sex Toys Rise in Prominence
- Steadily Growing Popularity of Male-centric Sex Toys to Give a Boost to Market Prospects
- Surging E-commerce Market and Shifting Consumer Behavior Sustain Online Sales of Sex Toys
- Development of Technologically Sophisticated Sex Toys and Continuous Innovation Bodes Well for Growth
FOCUS ON SELECT PLAYERS (Total 63 Featured)
- Bad Dragon Enterprises, Inc.
- Bijoux Indiscrets SL
- California Exotic Novelties, LLC
- Dame Products, LLC
- Doc Johnson Enterprises
- JE JOUE
- Lovehoney Group Ltd.
- Happy Birds Inc Pvt Ltd. (Imbesharam)
- Hytto Ltd. (Lovense)
- Jimmyjane
- LELO AB
- LifeStyles Healthcare Pte Ltd.
- House of Pleasures
- Kaamastra
- New York Toy Collective
For more information about this report visit https://www.researchandmarkets.com/r/mm5hkr
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