04-August-2022

Sex Toys Market 2022-2026: APAC to Dominate Market Growth

The sex toys market size is set to post an incremental growth of USD 19.85 billion, fragmented at a CAGR of 11.27% over the next five years. Technavio's research report provides a detailed analysis of the market with insights on trends, drivers, and challenges that are likely to impact market growth. It also provides a competitive analysis of the key market players and their product portfolios.


For a glimpse into the sex toys market research analysis and insights: View the Sample Analysis Report


Sex Toys Market: APAC to lead market growth during the forecast period

  • The sex toys market is segmented by Product (Adult vibrators, Dildos, Erection rings, and Others), Distribution Channel (Online stores and Retail outlets and specialty stores), and Geography (North America, Europe, APAC, South America, and MEA). 
  • Factors such as the availability of low-cost raw materials and labor for manufacturing, the growing regional supply chain network, and the rising product demand from Western countries, and innovative product development by vendors in the region will increase the sex toys market growth in APAC over the forecast period.
  • Based on the geographical segmentation, APAC is projected to contribute 37% of the market growth during the forecast period. The report provides an accurate prediction of the contribution of all the geographic segments to the growth of the sex toys market share.
  • The increasing popularity of sex toys will be a significant factor in driving the growth of the sex toys market. 
  • In addition, the increasing exposure to sex toys is one of the major sex toys market trends that is expected to have a positive impact in the coming years. However, the negative social perceptions of sex toys will be a major challenge for the sex toys market during the forecast period.

Sex Toys Market 2022-2026: APAC to Dominate Market Growth

Sex Toys Market: Key Competitors

Church and Dwight Co. Inc., Doc Johnson Enterprises, JIMMYJANE, LELOi AB, Luvu Brands Inc., Reckitt Benckiser Group Plc, Tantus Inc., TENGA Co. Ltd., The Aneros Co., and WOW Tech International GmbHare some of the major sex toys market vendors. The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.

Download the PDF sample report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the growth of the market.  

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 11.27%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow up to USD 19.85 billion.

     
  3. What is a key factor driving this market?
    The increasing popularity of sex toys will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market?
    37% growth will originate from APAC.

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Church and Dwight Co. Inc., Doc Johnson Enterprises, JIMMYJANE, LELOi AB, Luvu Brands Inc., Reckitt Benckiser Group Plc, Tantus Inc., TENGA Co. Ltd., The Aneros Co., and WOW Tech International GmbH.

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Adult vibrators, Dildos, Erection rings, and Others), Distribution Channel (Online stores and Retail outlets and specialty stores), and Geography (North America, Europe, APAC, South America, and MEA).
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