Press release
Personal Lubricants Market Size, Share, Industry, Forecast and outlook (2023-2030)
DataM Intelligence
Global Personal Lubricants Market Poised for Remarkable Growth, Reaching USD 25.9 Billion by 2030
The personal lubricants market continues its upward trajectory, with impressive growth projected in the coming years. According to recent market analysis, the Global Personal Lubricants Market, valued at USD 12.5 billion in 2022, is anticipated to witness substantial expansion, reaching up to USD 25.9 billion by 2030. This growth is forecasted to be driven by a robust Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period spanning 2023 to 2030.
Personal lubricants play a crucial role in enhancing sexual encounters and overall sexual health. These products are designed to reduce friction during sexual activities, thereby enhancing comfort and pleasure for both partners. Additionally, they are instrumental in addressing vaginal dryness, a prevalent issue affecting a significant portion of the population, particularly women. Statistics from the North American Menopause Society reveal that around 50% of women in the United States experience vaginal discomfort, with dryness and pain during sexual activity being common complaints
The market scope covers various metrics including:
• CAGR: 9.8%
• Forecast Period: 2023-2030
• Data Availability: Value (US$)
• Segments Covered: Type, Distribution Channel, and Region
• Regions Covered: North America, Europe, Asia-Pacific, South America, and Middle East & Africa
Asia-Pacific Emerges as the Fastest Growing Region, North America Leads Market Share
Asia-Pacific is identified as the fastest-growing region in the global personal lubricants market, driven by increasing awareness and demand for such products. Meanwhile, North America retains its position as the largest market, holding approximately 41.6% of the total market share. Factors contributing to North America's dominance include consumer awareness, diverse product availability, and proactive marketing strategies by manufacturers.
To know more Insights Download Sample: https://www.datamintelligence.com/download-sample/personal-lubricants-market
Market Dynamics:
The market dynamics are influenced by various factors, including early product launches in developed countries and concerns regarding side effects associated with certain lubricants. While manufacturers' initiatives to introduce innovative products cater to rising consumer demands, concerns about adverse reactions and sensitivities to specific chemicals pose challenges to market expansion.
Segment Analysis: Water-Based Lubricants Dominate the Market
Among the various types of personal lubricants available, water-based lubricants emerge as the dominant segment, accounting for approximately 49.4% of the market share in 2022. These lubricants, formulated primarily with water, offer smoothness and comfort during sexual activities. The segment's growth is further fueled by the introduction of premium products such as flavored and moisturizing lubricants, addressing consumer preferences and needs.
Geographical Penetration:
North America's prominent position in the market is reinforced by manufacturers' efforts to raise awareness and introduce innovative products. For instance, the launch of ASTROGLIDE X Spray 'n Glide Premium Silicone Personal Lubricant by BioFilm Inc. exemplifies the ongoing advancements in the region. Such initiatives contribute to North America's significant market share and overall growth trajectory.
Key Players:
Major players driving the global personal lubricants market include Mayer Laboratories Inc., Reckitt Benckiser Group plc, BioFilm, Inc., and others. These companies continue to innovate and expand their product portfolios to meet evolving consumer preferences and market demands.
Related Reports:
biological multiplex assays market: https://www.datamintelligence.com/research-report/biological-multiplex-assays-market
serum separation gel market: https://www.datamintelligence.com/research-report/serum-separation-gel-market
eczema therapeutics market: https://www.datamintelligence.com/research-report/eczema-therapeutics-market
acute migraine drugs market: https://www.datamintelligence.com/research-report/acute-migraine-drugs-market
dronabinol market: https://www.datamintelligence.com/research-report/dronabinol-market
23 valent pneumococcal polysaccharide vaccine market: https://www.datamintelligence.com/research-report/23-valent-pneumococcal-polysaccharide-vaccine-market
Contact Us -
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Personal Lubricants Market Size, Share, Industry, Forecast and outlook (2023-2030) here
News-ID: 3391735 • Views: …
More Releases from DataM Intelligence 4Market Research
United States Smart Agriculture Market is expected to reach USD 13.3 billion by …
Market Size and Growth:
The Global Smart Agriculture Market Size reached USD 22.6 billion in 2022 and is expected to reach USD 35.4 million by 2031, growing with a CAGR of 5.8% during the forecast period 2024-2031. The Market is growing due to increasing adoption of IoT, AI, and automation technologies in farming, aimed at improving crop yield, efficiency, and sustainability. According to DataM Intelligence
Get a Free Sample Research PDF: https://datamintelligence.com/download-sample/smart-agriculture-market?sz
The…
United States Advanced Composites Market is expected to reach US$ 9.56 billion b …
Market Size and Growth:
The Global Advanced Composites Market Size reached US$ 35.3 billion in 2022 and is expected to reach US$ 78.8 billion by 2031, growing with a CAGR of 10.6% during the forecast period 2024-2031. The Market is growing due to increasing demand for lightweight, high-strength materials across aerospace, automotive, and construction industries, coupled with technological advancements in composite manufacturing. According to DataM Intelligence
Get a Free Sample Research PDF:…
United States Polyphenols-Rich Foods Market is expected to reach US$ 600 Million …
Market Size and Growth:
The Global Polyphenols-Rich Foods Market Size reached US$ 412.5 million in 2023 and is expected to reach US$ 719.42 million by 2031, growing with a CAGR of 7.2% during the forecast period 2024-2031. The Market is growing due to increasing consumer awareness of the health benefits of polyphenols, such as antioxidant and anti-inflammatory properties, driving demand for functional and natural foods. According to DataM Intelligence Report.
Get a…
United States Carbon Dioxide Monitor Market is expected to reach US$ 2.7 Billion …
Market Size and Growth:
The Global Carbon Dioxide Monitor Market Size reached US$ 7,800.45 million in 2024 and is expected to reach US$ 13,450.78 million by 2032, growing with a CAGR of 6.75% during the forecast period 2025-2032. The Market is growing due to increasing demand for indoor air quality monitoring and rising environmental regulations to control CO2 emissions.
Get a Free Sample Research PDF: https://datamintelligence.com/download-sample/carbon-dioxide-monitor-market?sz
The Carbon Dioxide (CO2) Monitor Market refers…
More Releases for Data
Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn.
Data Catalog Market Report Scope and Research Methodology
The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveraging…
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need to…
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data.
Specialized components backed up by AI and…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to…
