Press release
Personal Lubricants Market Outlook 2023-2030: Top Key Players, Emerging Trends, and Growth Opportunities|
Personal Lubricants Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.The 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 2030. The global personal lubricants market is expected to exhibit a CAGR of 9.8% during the forecast period 2023-2030.
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Market opportunities and Growth Drivers:
Early product launches in developed countries are driving market growth as companies introduce innovative, high-quality lubricants to meet rising consumer demand, such as Playground's clinically tested, pH-balanced products for enhanced female wellness. However, the market faces restraints due to potential side effects from certain ingredients, which may cause allergic reactions or disrupt vaginal pH balance, limiting wider adoption.
Personal Lubricants Market Recent Development:
On September 27, 2022, Cake, a sexual wellness brand, announced a Series A funding round of $8 million led by investment partner Silas Capital, an emerging growth equity and venture capital firm that invests in exceptional next-generation consumer companies.
In January 2022, In Melbourne, Figr, a domestic personal lubricant brand, was launched. The brand caters to Australian consumers by offering pH-balanced, toy-friendly products made with local Australian ingredients.
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, among others.
Assessing the Effects of U.S. Tariffs on the Personal Lubricants Market
The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.
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:
⇥ 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)
People Also Ask:
Most Frequently Asked Questions in the Personal Lubricants Market Research Industry:
➠ What are the global figures for sales, production, consumption, imports, and exports in the Personal Lubricants market?
➠ Who are the top manufacturers in the global Personal Lubricants industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?
➠ What key opportunities are available for vendors in the Personal Lubricants market, and what challenges are they likely to encounter?
➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?
➠ What are the major drivers and barriers influencing the growth trajectory of the Personal Lubricants market?
➠ What are the primary sales, marketing, and distribution strategies used across the global Personal Lubricants industry landscape?
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DataM Intelligence 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.
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