NEW YORK , Sept. 30, 2022 /PRNewswire/ — The global online sex toys market will be driven by the growing LGBT population in developed countries. The LGBT community is supported by mainstream news media in many developed countries. In 2015, 379 corporations and employer organizations urged the Supreme Court in the country in order to remove state bans on gay marriage. Goldman Sachs, Google, Morgan Stanley, plus Coca-Cola were some of the businesses that had been part of this initiative. The support for the LGBT community is also evident in an objective in the US Department associated with Health and Human Services. The Healthy People 2020 initiative was solely dedicated to improving the health and wellness of this population.
The particular LGBT population is the particular primary adopter of sexual wellness products. They are among the primary purchasers of sex toys, including dildos, adult vibrators, and erection rings. Thus the expanding LGBT population is expected to positively influence the growth of the market in focus during the forecast period. Use our insights to make effective decisions. Download Free Sample Report
Technavio estimates the market size to grow by USD 7. 48 billion , accelerating at a CAGR of 8. 25% between 2021 and 2026. Besides, the growing LGBT population, the growth of the market will also be driven by the rapid growth of e-commerce in APAC and an increase in cases of ED. However, cultural taboos and stringent laws in regional markets might reduce the growth potential from the market.
Online Adult toys Market: Product Landscape
By product, the market is segmented by adult vibrators, erection rings, dildos, and others. The market observed significant demand for adult vibrators in 2021. Factors such as the changing perception of people toward sex toys, including vibrators, new product launches, and product innovations are driving the particular growth of the segment.
Online Sextoys Market: Geographic Landscape
By geography, APAC is going to have lucrative growth throughout the forecast period. About 52% of the market’s overall growth is expected to originate from APAC. Factors such as rising government initiatives and the increasing presence of vendors in developing countries are usually driving the particular growth from the online adult toys market in APAC.
Learn about the contribution of each segment summarized in concise infographics plus thorough descriptions. Request Sample PDF Report
Companies Covered:
- Adam and Eve Stores
- Bad Dragon Enterprises Inc.
- BMS Factory
- Cliq Ltd.
- FUN FACTORY GmbH
- ItspleaZure
- JIMMYJANE
- LELOi AB
- LifeStyles Healthcare Pte. Ltd.
- Love Honey Group Ltd
- Lovetreats
- Luvu Brands Inc
- Pipedream Products LLC
- Reckitt Benckiser Group PLC
- Tantus Incorporation.
- TENGA Co. Ltd.
- The Aneros Company.
- VIBRATEX Inc.
- WOW Tech International GmbH
What our reports offer:
- Market share assessments with regard to the regional and country-level segments
- Strategic recommendations regarding the new entrants
- Covers market data intended for 2021, 2022, until 2026
- Market trends (drivers, opportunities, threats, challenges, investment possibilities, and recommendations)
- Strategic recommendations in key business segments based on the marketplace estimations
- Competitive landscaping mapping the key common styles
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends umschlüsselung the latest technological advancements
Related Reports:
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On the internet Sex Toys Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8. 25% |
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Marketplace growth 2022-2026 |
USD 7. 48 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
7. 85 |
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Regional analysis |
APAC, Europe, North America, South America, plus Middle East and Africa |
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Performing market contribution |
APAC at 52% |
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Key consumer countries |
US, Canada, China, Japan, Germany, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Adam and Eve Stores, Bad Dragon Enterprises Inc., BMS Factory, Cliq Ltd., FUN FACTORY GmbH, ItspleaZure, JIMMYJANE, LELOi AB, LifeStyles Healthcare Pte. Ltd., Love Honey Group Ltd, Lovetreats, Luvu Brands Incorporation, Pipedream Products LLC, Reckitt Benckiser Team PLC, Tantus Inc., TENGA Co. Limited., The Aneros Co., VIBRATEX Inc., and WOW Technology International GmbH |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing plus slow-growing segment analysis, COVID-19 impact and future consumer dynamics, plus market condition analysis to get the forecast period. |
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Customization purview |
If our own report has not included the data that you are looking for, you can reach out to the analysts and get sections customized. |
Table associated with contents:
Executive Summary
Marketplace Landscape
- Market ecosystem
- Value chain evaluation
Market Sizing
- Market definition
- Market section analysis
- Marketplace size 2021
- Market outlook: Forecast pertaining to 2021-2026
- Market outlook
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power associated with suppliers
- he threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Marketplace condition
Market Segmentation simply by Product
- Marketplace segments
- Comparison by item placement
- Adult vibrators – Market size and prediction 2021-2026
- Erection rings — Market size and outlook 2021-2026
- Dildos – Market size plus forecast 2021-2026
- Others : Market dimension and forecast 2021-2026
- Marketplace opportunity by product
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2021-2026
- European countries – Marketplace size plus forecast 2021-2026
- North America – Market size and forecast 2021-2026
- South usa – Marketplace size plus forecast 2021-2026
- MEA – Market sizing and prediction 2021-2026
- Key leading nations
- Market opportunity by location
- Market drivers
- Market difficulties
- Market developments
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- BMS Factory
- Church and Dwight Co. Inc.
- Doc Johnson Enterprises
- FUN FACTORY GmbH
- LELOi AB
- LifeStyles Healthcare Pte Ltd.
- Lovehoney Group Ltd.
- Luvu Brands Inc.
- Reckitt Benckiser Group Plc
- TENGA Co. Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17, 000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including a lot more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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