Press Release

Cupid Ltd Leading India Female Condoms Market Growing at 35% CAGR

Rising youth population, increasing consumer awareness about HIV/STIs, expanding product portfolio and growing e-commerce penetration to drive condom market in India through 2022

According to TechSci Research report, India Condom Market By Type, By Distribution Channel Competition Forecast & Opportunities, 2022”, India condom market is projected to reach $ 180 million by 2022. Escalating incidences of HIV/STIs, rising awareness about the condom use coupled with from boisterous efforts of various government bodies such as National AIDS Control Organisation (NACO) and AIDS Healthcare Foundation (AHF) are expected to propel market demand for contraceptives in the coming years.

Browse 91 market data Figures and 17 Tables spread through 125 Pages and an in-depth TOC on "India Condom Market"

The condom market in India broadly classified into male and female condoms. Male condom segment account for a dominant share in the country’s condom market, with the segment having showcased phenomenal growth over the last few years. Market growth is also being hugely influenced by increase in use of condoms among youth population, especially in urban areas, to stay safe from HIV and STDs. Female condom market is in its nascent stage and is expected to experience higher demand during the forecast period on the back of free femidoms being distributed by UNFPA and market leaders such as Cupid Limited and Female Health Company.

Cupid Ltd. is leading India’s female condom market followed by HLL Healthcare, Population Services International, etc. The female condom market is growing at 35% CAGR in the country and turning out to be the most lucrative segment for the players in the industry.

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Presence of abundant natural rubber resources and easy access to port makes South India an ideal location for setting up condom manufacturing unit. Additionally, increasing working population base in South India coupled with the extension of average marriable age from 23-24 years to 27-28 years would act as drivers for India condom market over the next five years.

“India Condom Market By Type, By Distribution Channel Competition Forecast & Opportunities, 2022” has evaluated the future growth potential of India condom market and provides statistics and information on market size, structure and market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities emerging in India condom market.

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