IMARC Group has recently released a new research study “Personal Lubricant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of the Personal lubricant Industry?
The global personal lubricant market size reached US$ 1.13 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1.73 Billion by 2027, exhibiting a growth rate (CAGR) of 6.70% during 2022-2027.
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Year considered to estimate the market size:
Base year of the analysis: 2021
Historical period: 2016-2021
Forecast period: 2022-2027
What is a Personal lubricant Market ?
Personal lubricant represents specialized lubes, gels, and liquids that are applied on individuals’ private parts, including the penis, vagina, and anus, to lower pain and friction during sexual intercourse.
They are manufactured from the combination of several ingredients, such as glycerin, vinyl dimethicone, polyethylene glycol, purified or deionized water, hydroxyethyl cellulose, carboxymethyl cellulose, etc.
Personal lubricant products help in relieving pain, reducing curl vaginal dryness or chafing, mitigating irritations, decreasing the risk of injuries, and offering protection against sexually transmitted infections (STIs). Consequently, they are in extensive demand among consumers across the globe.
What are the major market drivers in the Personal lubricant Market ?
The elevating need for various personal care products and the increasing prevalence of vaginal dryness issues and erectile dysfunction are among the key factors driving the personal lubricant market. In addition to this, the rising usage of water-based personal lubes, on account of their gel-like structure, easy-to-clean formula, proven efficiency, and enhanced compatibility with condoms and sex toys, is acting as another significant growth-inducing factor.
Apart from this, the development of premium medicated lubricants in multiple types and flavors, which include k-y jelly and replens, which aid in vaginal tears, and the expanding availability of these products across numerous online and offline drug and grocery stores are also positively influencing the global market.
Moreover, the growing consumer awareness about the diverse usability of the product and the launch of favorable initiatives by government bodies and non-governmental organizations (NGOs) aimed at providing adequate sex education in educational settings for sensitizing the younger demographics are expected to propel the personal lubricant market over the forecasted period.
Who are the leading players in the Personal Lubricant Market ?
The major players in the market BioFilm IP LLC, Church & Dwight Co. Inc., Cupid Limited, Karex Berhad, LifeStyles Healthcare Pte Ltd, Lovehoney Group Limited, Reckitt Benckiser Group PLC, Sliquid LLC, The Yes Yes Company Ltd. and Trigg Laboratories Inc.
| Personal lubricant Market Report Scope | |
| Report Coverage | Details |
| Market size value in 2021 | US$ 1.13 Billion |
| Market forecast in 2027 | US$ 1.73 Billion |
| Growth Rate | CAGR of 6.70% from 2022 to 2027 |
| Base year for estimation | 2021 |
| Historical data | 2016-2021 |
| Forecast period | 2022-2027 |
| Report coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, And Trends |
| Segments Covered | Type, Gender And Distribution Channel |
| Regional scope | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Key companies profiled | BioFilm IP LLC, Church & Dwight Co. Inc., Cupid Limited, Karex Berhad, LifeStyles Healthcare Pte Ltd, Lovehoney Group Limited, Reckitt Benckiser Group PLC, Sliquid LLC, The Yes Yes Company Ltd. and Trigg Laboratories Inc. |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Click here to view detailed information with table of content: https://www.imarcgroup.com/personal-lubricant-market
Breakup by Type:
- Water-based
- Silicone-based
- Oil-based
Breakup by Gender:
- Male
- Female
Breakup by Distribution Channel:
- E-Commerce
- Drug Stores
- Others
By Geography:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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