Global Sex Toys Strategic Market Report 2023: A $74.9 Billion Market by 2030 - Development of Technologically Sophisticated Sex Toys and Continuous Innovation Bodes Well for Growth

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Jun 07, 2023, 17:30 ET

DUBLIN, June 7, 2023 /PRNewswire/ -- The "Sex Toys: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Sex Toys Market to Reach $74.9 Billion by 2030

The global market for Sex Toys estimated at US$41.3 Billion in the year 2022, is projected to reach a revised size of US$74.9 Billion by 2030, growing at a CAGR of 7.7% over the analysis period 2022-2030.

Adult Vibrators, one of the segments analyzed in the report, is projected to record a 8.2% CAGR and reach US$33.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Dildos segment is readjusted to a revised 7.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $13.6 Billion, While China is Forecast to Grow at 10.6% CAGR

The Sex Toys market in the U.S. is estimated at US$13.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$12.3 Billion by the year 2030 trailing a CAGR of 10.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 7.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.

What's New for 2023?

Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

Key Topics Covered:

MARKET OVERVIEW

Sex Toys - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Overcoming Stigma Surrounding Sexual Wellness Provides the Foundation for Growth in the Sex Toys Market
Robustly Growing Demand for Sexual Wellness Products is a Harbinger of Good Times to Come for the Sex Toys Market: Global Market for Sexual Wellness (In US$ Billion) for Years 2020, 2022, 2024, 2026 & 2028
Sex Toys: Definition, Types & Benefits
Recent Market Activity
Innovations
World Brands

MARKET TRENDS & DRIVERS

COVID-19 Induced Lockdowns Brings About Positive Changes in Sexual Wellness Products Including Sex Toys
Growing Population Drives Increased Use of Sex Toys
A Sexually Liberated Population Bodes Well for the Sex Toys Market: World Population by Geographic Region (In Thousands): 2010-2040
Rising Acceptance of Sex Toys as Appropriate Wedding Presents Opens a New Avenue for Sales Growth
Acceptance of the Growing LGBTQ Community Drives Demand for Sex Toys
Connected Sex Toys Rise in Prominence
Steadily Growing Popularity of Male-centric Sex Toys to Give a Boost to Market Prospects
Surging E-commerce Market and Shifting Consumer Behavior Sustain Online Sales of Sex Toys
Development of Technologically Sophisticated Sex Toys and Continuous Innovation Bodes Well for Growth

FOCUS ON SELECT PLAYERS (Total 63 Featured)

Adam & eve Co.
The Aneros Company
Bad Dragon Enterprises, Inc.
Bijoux indiscrets
BMS Factory
Crystal Delights
Doc Johnson Enterprises
Fun Factory USA Inc.
Hot Octopuss limited
LELOi AB
Lovehoney Group Ltd.
Luvu Brands, Inc.
OhMiBod
Beckitt Benckiser Group Plc
Tantus, Inc.
Tenga Co., Ltd.
we-vibe

For more information about this report visit https://www.researchandmarkets.com/r/kdm5xd

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