Europe Sheath Market Poised for Strong Growth: Projected to Reach $3.37 Billion by 2023 with a 9% CAGR, Reports Stellar Market Research

𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐞𝐝 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐆𝐫𝐨𝐰𝐭𝐡:

𝐄𝐮𝐫𝐨𝐩𝐞 𝐒𝐡𝐞𝐚𝐭𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 was valued at USD 3.37 Billion in 2023 and the market size is estimated to grow at a CAGR of 9 % over the forecast period.

𝐄𝐮𝐫𝐨𝐩𝐞 𝐒𝐡𝐞𝐚𝐭𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

According to SMR research, male Sheath are 97% effective in preventing pregnancy and sexually transmitted infections (STIs), including HIV. Consequently, many governments and healthcare organizations globally, such as the World Health Organization (WHO) and the Centers for Disease Control and Prevention (CDC), actively promote the use of male Sheath during sexual activity. These bodies play a crucial role in raising awareness about the benefits of sex education, which is anticipated to drive market growth throughout the forecast period.

The Sheath Market is segmented by Material Type, Product Type, Distribution Channel, and Geography. Based on Material Type, the market is divided into Latex Sheaths and Non-latex Sheaths. For Product Type, the market includes Male Sheaths and Female Sheaths. Distribution Channels are categorized into Mass Merchandizers, Drug Stores, and E-commerce. Geographically, the European market is segmented into key countries such as Italy, Germany, the United Kingdom, Russia, France, and the Rest of Europe. Market sizing and forecasts are provided based on value (in USD Billion).

𝐔𝐧𝐥𝐨𝐜𝐤 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐎𝐮𝐫 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰:https://www.stellarmr.com/report/req_sample/Europe-Sheath-Market/1002

𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐄𝐮𝐫𝐨𝐩𝐞 𝐒𝐡𝐞𝐚𝐭𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬?

Governments across various countries are promoting Sheath use to encourage contraceptive adoption at younger ages, aiming to reduce the spread of HIV and other STIs and prevent unplanned pregnancies. The Joint United Nations Programme on HIV/AIDS (UNAIDS) 2020 initiative aims for 90% of people living with HIV to be aware of their status, 90% of those diagnosed to receive sustained antiretroviral treatment, and 90% of those on treatment to achieve viral suppression. Member countries are actively promoting Sheath use and enhancing sex education for youth to meet these objectives.

The growth of online shopping and expanding access in emerging markets is expected to drive demand in the Sheath Market. As digital platforms and mobile usage increase, the e-commerce sector has experienced significant growth in various industries, including sexual health. Key players in the industry are increasingly focusing on online retail channels to broaden their customer reach. Vendors, suppliers, and retailers are leveraging their websites to engage a larger consumer base, contributing to the growth of the Europe Sheath Market during the forecast period.

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐄𝐮𝐫𝐨𝐩𝐞 𝐒𝐡𝐞𝐚𝐭𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 ?

Germany is projected to lead the European Sheath Market during the forecast period, with a market value reaching USD 351.8 million. The UK market is also witnessing significant growth with a compound annual growth rate (CAGR) of 7.7%. Furthermore, the French market is expected to grow at a CAGR of 10.2%, driven by increased consumer awareness and rising interest in sexual wellness. These factors collectively are propelling the growth of the European Sheath Market.

𝐅𝐑𝐄𝐄 𝐆𝐞𝐭 𝐚 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰! @https://www.stellarmr.com/report/req_sample/Europe-Sheath-Market/1002

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐄𝐮𝐫𝐨𝐩𝐞 𝐒𝐡𝐞𝐚𝐭𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 ?

By Material Type

Latex Sheaths
Non-latex Sheaths

By Product Outlook

Male Sheaths
Female Sheaths
Country Scope

UK
France
Germany
Italy
Spain
Sweden
Austria
and Rest of Europe

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐄𝐮𝐫𝐨𝐩𝐞 𝐒𝐡𝐞𝐚𝐭𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

Karex Berhad
Reckitt Benckiser Group PLC
Church and Dwight Co., Inc.
LELO AB
Lifestyles Healthcare Pte. Ltd.
Veru, Inc.
Mayer Laboratories, Inc.
Okamoto Industries, Inc.
Cupid Limited
Fujilatex Co., Ltd.

𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐀𝐛𝐨𝐮𝐭 𝐓𝐡𝐢𝐬 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐏𝐥𝐞𝐚𝐬𝐞 𝐕𝐢𝐬𝐢𝐭:https://www.stellarmr.com/report/Europe-Sheath-Market/1002

𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

Asia Pacific Industrial Sugar Market https://www.stellarmr.com/report/Asia-Pacific-Industrial-Sugar-Market/1292

Asia Pacific Liquid Makeup Market https://www.stellarmr.com/report/Asia-Pacific-Liquid-Makeup-Market/1293

Asia Pacific Organic Pigment Dispersion Market https://www.stellarmr.com/report/APAC-Organic-Pigment-Dispersion-Market/1298

Asia Pacific Porcelain Insulators Market https://www.stellarmr.com/report/APAC-Porcelain-Insulators-Market/1299

Asia Pacific Pup Joint Market https://www.stellarmr.com/report/Asia-Pacific-Pup-Joint-Market/1300

Asia Pacific Seaweed Snacks Market https://www.stellarmr.com/report/Asia-Pacific-Seaweed-Snack-Market/1301

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

S.no.8, h.no. 4-8 Pl.7/4, Kothrud,

Pinnac Memories Fl. No. 3, Kothrud, Pune,

Pune, Maharashtra, 411029

sales@stellarmr.com

𝐀𝐛𝐨𝐮𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.