Project Opportunities in Production of Condoms. Latex Condom Manufacturing. How to Manufacture Condoms (Lubricated)?
Project Opportunities in Production of Condoms. Latex Condom Manufacturing. How to Manufacture Condoms (Lubricated)?
A condom is a sheath-shaped obstruction device used during sexual intercourse. It is very beneficial for reducing the chances of pregnancy. It also decreases the risk of sexually transmitted infections (STIs) such as HIV/AIDS. There are different types of condoms available in the market with the variety of thickness, texture, material, size, color and taste. Condoms are highly effective to reduce the probability of pregnancy if used consistently and correctly.
The use of condoms, conceived primarily as a tool for family planning to curtail population growth, has attained a primacy in arresting the spreading of the dreaded disease, AIDS.
Increasing awareness regarding sexually transmitted diseases (STD) and HIV is the major driving factor of condom market in U.S. Increasing prevalence of sexually transmitted diseases (STD) and HIV in U.S. is expected to boost the demand for condoms. In addition, increasing the need for family planning coupled with population control is expected to boost the condom market.
India condom market is projected to reach $180 million by 2022 on account of rising consumer awareness about HIV/STIs. Moreover, expanding product portfolio of the leading players, growing e-commerce penetration, rising youth population and increasing trend in average marriable age are expected to act as the other major drivers for India condom market in the coming years.
The Indian market has terrific potential. Only 21 percent of the country's 138.9 million eligible couples use condoms at present. If the figure were to rise to 50 per cent, demand would spurt to 5,000 million pieces a year. As domestic demand and export potential grow, other companies are also getting into the act.
Drivers:
· Rise in use of condoms for family planning propels the market growth.
· Innovations in male condoms such as anti-ejaculation chemicals increases consumer interest.
· Increase in promotional campaigns on the concept of safe sex, further helping the market to grow.
Condoms
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Demand : Past and Future |
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Year |
(In Billion No.) |
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1990-91 |
1.00 |
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2000-01 |
1.97 |
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2001-02 |
2.10 |
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2002-03 |
2.25 |
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2003-04 |
2.40 |
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2004-05 |
2.60 |
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2005-06 |
3.15 |
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2006-07 |
3.70 |
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2007-08 |
4.00 |
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2008-09 |
4.45 |
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2009-10 |
4.95 |
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2010-11 |
5.25 |
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2011-12 |
5.75 |
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2012-13 |
6.25 |
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2013-14 |
6.70 |
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2014-15 |
7.30 |
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