Personal Lubricants Market to Witness Massive Growth (2024-2031): Detailed Market Analysis and Key Players - Mayer Laboratories Inc., Reckitt Benckiser Group plc

DataM Intelligence has released a new research report on the Personal Lubricants market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.

The Global Personal Lubricants Market reached USD 12.5 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 25.9 billion by 2031. The global personal lubricants market is expected to exhibit a CAGR of 9.8% during the forecast period 2024-2031

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Personal Lubricants are substances designed to reduce friction during intimate activities, enhancing comfort and pleasure. They are commonly used during sexual intercourse or medical examinations to alleviate dryness and improve sensation. Personal lubricants come in various formulations, including water-based, silicone-based, and oil-based

List of the Key Players in the Personal Lubricants Market:

Mayer Laboratories Inc., Inc., Reckitt Benckiser Group plc, BioFilm, Inc, LifeStyles Healthcare Pte Ltd, Lovehoney Group Ltd, Trigg Laboratories, Inc., Uberlube, The Yes Yes Company Ltd, Toro Management

Key Developments:

On September 27, 2022, Cake, a sexual wellness brand, announced an $8 million Series A funding round, led by Silas Capital, a venture capital firm specializing in next-generation consumer companies.

In January 2022, Figr, a domestic personal lubricant brand, was launched in Melbourne, catering to Australian consumers with pH-balanced, toy-friendly products made from locally sourced Australian ingredients.

On April 16, 2019, SKYN Condoms, the premium brand of LifeStyles Healthcare, introduced two new products: SKYN Aqua Feel Personal Lubricant, a water-based option designed to support the body's natural lubrication, and SKYN All Night Long Personal Lubricant, a long-lasting silicone-based lubricant aimed at enhancing comfort during intimate activities.

Research Process:

Both primary and secondary data sources have been used in the global Personal Lubricants Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Personal Lubricants Market:

By Type: Water-based, Silicon-based and Oil-based

By Distribution Channel: E-commerce, Drug Stores and Others

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Regional Analysis:

➣ North America (US, Canada, Mexico)

➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)

➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)

➣ South America (Brazil, Argentina, Rest of South America)

➣ Middle East and Africa

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Personal Lubricants market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Personal Lubricants Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Personal Lubricants market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Personal Lubricants Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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The Research Report Offers Answers To The Following Questions:

☛ What is the expected growth rate of the global market for the forecast period?

☛ What are the key driving factors that are responsible to shape the fate of the Personal Lubricants market during the forecast period?

☛ What will be the overall size of the market during the analysis period?

☛ What are the prominent market trends which influence the development of the Personal Lubricants market across various regions?

☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Personal Lubricants market?

☛ What are the major opportunities that the companies can get to attain success in the world?

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