Press release
Value and SIze Of Sex Toys Market From 2018 To 2026: Detailed Research Report on CMI with Top Key Players Aneros Bad Dragon Enterprises, Inc., Beate Uhse AG, and Tantus, Inc.
Sex Toys
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Some of the major manufacturers in the Global sex toys market are BMS Factory, Doc Johnson Enterprises, LELO, PHE Inc, Aneros Bad Dragon Enterprises, Inc., Beate Uhse AG, and Tantus, Inc.
The major factors that contribute to the growth of the sex toys market include increasing awareness and acceptance of such toys for sexual pleasure and increasing use of these amongst couples and the LGBT community. However, various government regulations and low government approval of sex toys products in emerging economies such as India and South Africa with regards to the sale and distribution of these toys due to the taboo related to the use of the products is a major factor that is expected to affect the growth of the sex toys market.
Global Sex Toys Market Taxonomy
Global sex toys market is segmented as
By Product Type
• Dildos
• Vibrators
• Cock rings
• Others
By Distribution Channel
• Supermarkets
• Specialty stores
• Online Stores
• Others
By End User
• Men
• Women
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The vibrator segment is expected to be the most dominant among product types and is expected to continue its dominance during the forecast period. According to the Society for Scientific Study of Sexuality, the vibrator segment accounted for 19.2% of total online sex toys sales in 2017. Among distribution channels, the online channel is expected to be the most dominant segment during the forecast period. Online channels provide the benefit of privacy along with added features such as discussions on the product performance via forums which help drive sales. Among end users, women dominated the sex toys market and are expected to continue to do so during the forecast period. According to the Society for Scientific Study of Sexuality, around 44% of women aged between 18 and 60 years have used a sex toy in 2017 as compared to 20% men who have used a sex toy in the same age group.
Challenges in the sex toys market
A major factor that is expected to affect the sex toys market is the low government approval of sexual products especially amongst the emerging economies in the regions of Asia Pacific. For instance sale of sex toys is illegal in India. Sale of sex toys is a punishable offense under the section 292 of Indian penal code, as sex toys are considered an "obscene" product. However, the online sale of sex toys is not illegal and could prove to be a major driver for the growth of the sex toys market in India.
Apart from this, currently there are no safety regulations that exist in the sex toy industry. These toys are sold as novelty items and do not need to comply with any specific regulations that include reporting the chemicals and materials such as phthalates and chemical plasticizers levels used in the product. However, regulations such as REACH do exist, and some sex toys are compliant to this though, there is no obligation for manufacturers to comply with these regulations.
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