Personal Lubricants Market Reach USD 25.9 Billion by 2031, Growing with 9.8% CAGR - Mayer Laboratories Inc., Reckitt Benckiser Group plc, BioFilm, Inc.

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.

Personal Lubricants Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Personal lubricants are substances designed to reduce friction and enhance comfort during intimate activities. They are available in water-based, silicone-based, and oil-based formulations, catering to different preferences and needs. Personal lubricants improve sexual experiences, reduce discomfort, and can help prevent irritation or injury. Many products also include additional ingredients such as aloe vera or hyaluronic acid for moisturizing and soothing effects. The rising awareness of sexual wellness and the increasing availability of organic and hypoallergenic formulations have contributed to the expanding market for personal lubricants.

List of the Key Players in the Personal Lubricants Market:

Mayer Laboratories 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.

Industry Development:

❁ 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 focused on emerging growth equity and investing in exceptional next-generation consumer companies.

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Growth Forecast Projected:

The Global Personal Lubricants Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

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.

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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

Regional Analysis for Personal Lubricants Market:

The regional analysis of the Personal Lubricants Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Personal Lubricants market?

➠ Who are the leading manufacturers in the global Personal Lubricants industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Personal Lubricants industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Personal Lubricants market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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