U.S. Sexual Wellness Market Is Likely To Up Demand At A USD 19.9 Billion By 2030


 San Francisco, 11 June 2024: The Report U.S. Sexual Wellness Market Size, Share & Trends Analysis Report By Product (Sex Toys, Condoms, Personal Lubricants), By Distribution Channels (E-Commerce, Retailers, Mass Merchandisers), By Region, And Segment Forecasts, 2023 - 2030

The U.S. sexual wellness market size is expected to reach USD 20.1 billion by 2030, expanding at a CAGR of 7.91% during the forecast period, based on a new report by Grand View Research. The market is expected to witness lucrative growth over the forecast period owing to the growing acceptance of sexual exploration and acceptance of Lesbian, Gay, Bisexual, Transgender, and Queer (LGBTQ+) communities. Easy use of online shopping and e-commerce has further facilitated sales as it delivers sexual wellness products discreetly. For instance, in February 2022, Sephora, a major beauty company in the U.S., added sex toys from Maude and Dame to its shelves, while department stores, including Bloomingdale’s and Nordstrom, started selling vibrators in 2021 at their stores.

The popularity of sex toys and vibrators has grown drastically in the past decade. Overcoming the social stigma associated with using vibrators and other toys, couples, and individuals are focusing more on enhancing physical pleasure and are using sex toys for enjoying an intimate relationship. Moreover, solo sex is one of the key factors driving the sexual wellness market’s growth. Sex toy manufacturers have generally targeted women for manufacturing toys around the female anatomy. Different types of products are available in the market for women to enhance their sexual experience such as vibrators, penetrating toys, and nipple clamps. Despite past reservations, high-tech sex toys such as smart vibrators or Bluetooth-enabled devices are in high demand, especially among women.

Access Research Report of U.S. Sexual Wellness Market @ https://www.grandviewresearch.com/industry-analysis/us-sexual-wellness-market

U.S. Sexual Wellness Market Report Highlights

  • By product, the sex toys segment held the largest market share in 2022 and is expected to witness the fastest growth during the forecast period
  • The e-commerce segment dominated the distribution channel segment in 2022 with the largest revenue share owing to ease of use and easy availability of a variety of products on one platform
  • There has been a shift in the marketing strategies with manufacturers working on eliminating the image of pornography associated with the use of vibrators and are promoting their products as a healthy choice
  • The increasing rate of STDs and a high number of unintended pregnancies in the country provide condom manufacturers with growth potential in the market
  • The most popular brands in the U.S. condom market are Trojan, Durex, Lifestyles, and Kimono. However, the sex toys industry is dominated by Doc Johnson Enterprises, LELO, and Lovehoney. Emerging players such as Unbound, Maude, and Dame have introduced women-centric products with sleek and compact designs
  • In the personal lubricants segment, the market is dominated by K-Y Jelly, Astroglide, SKYN, Uberlube, and SLiquid. In recent years, CBD-infused lubes have gained popularity in the market

U.S. Sexual Wellness Market Report Scope

Report Attribute

Details

Revenue forecast in 2030

USD 20.1 billion

Growth Rate

CAGR of 7.91 % from 2023 to 2030

Base year for estimation

2022

Historical data

2018 - 2021

Forecast period

2023 - 2030

List of Key Players in the U.S. Sexual Wellness Market

  • Church & Dwight Co., Inc.
  • Reckitt Benckiser Group plc
  • Veru Inc.
  • Doc Johnson Enterprises
  • Mayer Laboratories, Inc.
  • LifeStyles Healthcare Pte Ltd
  • BioFilm, Inc.
  • LELO
  • Trigg Laboratories Inc.
  • Unbound
  • CC Wellness

Access Press Release of U.S. Sexual Wellness Market @

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

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