Sexual Wellness Global Market Report 2024 - By Demand, Size, Share, Trends, Forecast To 2033

"The new report published by The Business Research Company, titled ""Sexual Wellness Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the sexual wellness market size has grown strongly in recent years. It will grow from $43.44 billion in 2023 to $47.27 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The sexual wellness market size is expected to see strong growth in the next few years. It will grow to $66.52 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%.

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Impact Of Rising STD Rates On The Sexual Wellness Market
The increasing prevalence rate of sexually transmitted diseases is expected to propel the growth of the sexual wellness market going forward. A sexually transmitted disease is an infection transmitted through sexual contact caused by bacteria, viruses, or parasites. The prevalence rate of sexually transmitted diseases (STDs) is increasing due to factors such as high-risk sexual behaviors and a lack of awareness about transmission and prevention methods. Sexual wellness fosters a proactive approach to sexual health, empowering individuals to make informed decisions and adopt behaviors that minimize the risk of STDs while promoting overall well-being. For instance, in June 2024, according to GOV.UK, a UK-based government website, in 2023, there were 401,800 new diagnoses of sexually transmitted infections (STIs), marking a 4.7% increase from the 383,789 cases reported in 2022. Therefore, the increasing prevalence rate of STDs is driving the growth of the sexual wellness market.

Setu Nutrition's Innovative Approach To Sexual Wellness
Major companies operating in the sexual wellness market are focusing on developing innovative sexual wellness products, such as desire-boost gummie*s, to meet the growing consumer demand that enhances pleasure and intimacy. Desire boost gummie*s are dietary supplements marketed to improve libid*o or sexual desire, containing ingredients like vitamins, minerals, herbal extracts, and amino acids known to support sexual health and vitality. For instance, in November 2023, Setu Nutrition Private Limited, an India-based provider of modern nutritional supplements, launched a new line of sexual wellness gummie*s named Desire Boost gummie*s to cater to the growing demand for natural solutions promoting sexual health and vitality in collaboration with MyMuse, an India-based personal wellness brand. The gummie*s are formulated with a blend of clinically-backed, plant-derived ingredients like Ashwagandha, Gokshura, Korean Ginseng, Shatavari, L-Arginine, and L-Citrulline. The convenient and delicious gummie*s are caffeine-free, GMO-free, and free of side effects, making them suitable for daily use.

The sexual wellness market covered in this report is segmented -
1) By Product: Antifungal Agents, Sex Toy*s Or Vibrator*s, Condoms And Female Contraceptives, Personal Lubricants, Erotic Lingerie, Pregnancy Testing Products, Other Sexual Wellness Products
2) By Packaging Type: Blister Packs, Bottles And Dispensers, Clamshell Packaging, Tubes, Cardboard Boxes, Jars, Sachets, Pump Bottles
3) By Consumer Orientation: Men, Women
4) By Distribution Channel: Modern Trade, Convenience Stores, Departmental Stores, Specialty Stores, Mono Brand Stores, Online Retailers, Drug Stores

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Major companies operating in the sexual wellness market are Reckitt Benckiser Group plc, Okamoto Industries Inc., LELO, Mankind Pharma, Doc Johnson Enterprises, Karex Berhad, Tenga Co. Ltd., California Exoti*c Novelties LLC, Veru Inc., Blush Novelties Inc., OhMiBod LLC, LifeStyles Healthcare Pte. Ltd., AdvaCare Pharma, BioFilm Inc., Pjur Group Luxembourg S.A., Wicked Sensual Care, HLL Lifecare Limited (HLL), Church & Dwigh*t, Bijoux Indiscrets SL, CC Wellness, Hot Octopuss, Satisfyer (EIS GmbH), Womanizer Group Management GmbH, Humanwell Group

Contents of the report:
1. Executive Summary
2. Sexual Wellness Market Report Structure
3. Sexual Wellness Market Trends And Strategies
4. Sexual Wellness Market - Macro Economic Scenario
5. Sexual Wellness Market Size And Growth
…..
27. Sexual Wellness Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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