Sex Toys Industry 2021
AbsoluteMarketsInsights Presents “Sex Toys Industry Research Report –Global Forecast to 2030” New Document to its Studies Database
While most businesses are suffering lockdown to curb the spread of the coronavirus, the online media has seen a rise in sales in most of the developing and developed countries. The sales rate of the sex toys are growing virtually. There are distributions and e-commerce companies who are delivering products amidst the international and national lockdown. People are at home and they have more free time on their hands. Mostly, people are with their partners or alone and need fun in their daily lives when it comes to being intimate in their partners or primarily when they are living alone. Six online sex toy shops in Colombia have seen a rise in their revenue since the quarantine began. They are meant to be at home until the government pulls back the lockdown criteria, except for buying food and medicine and bank visits. Sex toys are meant to keep up their spirits during this lockdown fever. Other countries are also witnessing a similar phenomenon. Denmark sex toys sales have doubled in the recent past. On the other hand, the British lingerie chain named Ann Summers reported sex toy sales upto 30% till first of April.
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Major Key Players:
Some of the players operating in the Sex Toys Industry are Reckitt Benckiser Group plc., LELO, LifeStyles Healthcare Pte Ltd, Lovehoney Group Ltd;, Doc Johnson Enterprises, BMS Factory and other market participants
Key Findings of the Report:
In terms of revenue, the women sex toys segment is expected to witness the highest growth rate over the forecast period. Individuals are focusing more on enhancing physical pleasure. They are using sex toys to enjoy intimate relationship with their partners. The sales are mostly through online platforms owing to the taboo and stigma attached in buying these products openly displayed in wellness departments.
Asia Pacific region is expected to witness the fastest growth rate over the next eight years. The popularity of products such as dildos and penile rings amongst other has increased during this quarantine period and is expected to continue the same trend over the forecast period.
Market Segmentation
By Offerings
Anal Toys
Vibrators
Dildos
Cock Rings
Strokers
Other Adult Products
By Distribution Channel
Online
Offline
Specialty Stores
Mass Merchandizers
By Type
Male Sex Toys
Female Sex Toys
Sex Toys for Couples
Others (Romantic Accessories, etc.)
By Geography
North America
U.S
Canada
Mexico
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Nordic Countries
Denmark
Finland
Iceland
Sweden
Norway
Benelux Union
Belgium
The Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Southeast Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest of Asia Pacific
Middle East and Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
.…
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