China Condom Market: Snapshot
The rising prevalence of sexually transmitting disease such as AIDS/HIV and Chlamydia and the growing government initiative to endorse condom to help in preventing transmission of these disease, these are some of the factor influencing growth of this market in near future. Earlier, government is endorsing the usage of condom as a hygiene practice due to this the growth of this market was stagnant. But, the increase in active participation by the government about the safe practice of sex likely to boost the demand for condom in China.
The condom market in China is likely to expand at a robust 12% CAGR during the course of forecast period from 2016 to 2024. The condom market in China is expected to gain a valuation of US$5.04 bn by 2024, in 2015 the condom market in china was valued at US$1.84 bn.
Latex-based Condoms Likely to attract Promising Growth
The China condom market can be bifurcated into end use, material, product type and region. On account of material type, the increase in demand for latex-based condoms is likely to grow based on high shielding capacity of latex based which likely to offer better contraception. Additional, the production of latex based condom is more easily compared to other polyurethane or leather condom.
Based on product type, flavor condom has gained significant growth among other product in this segment. This trend is likely to influence the demand for flavor condom in near future.
Based on end use, the market for condom in china is divided into female condom and male condom. Increase in usage of homosexual condom and rise in sexual activity demography can be one of the major factor driving the demand for female condom market. Also, rise in demand for variety of condom is likely to propel growth of the female condom market
With respect to product type, the condom market in China is bifurcated into edible condoms, flavored condoms, colored condoms, studded condoms, others
Government Regulation of Policy Likely to Affect Market Growth for Condom
The Chinese government initiative of one child policy came to end, this factor may be the key concern among the prominent players for the growth of the condom market in the region. The several regional of China likely to witness downfall owing to end of the stringent policy for one child. This can be one of the important factor negatively impacting growth of the overall market and it may have negative impact on the players operating in the condom market in China. The key players operating in this market likely to adopt the new strategies in order to strengthen their growth and maintain the presence across the Chinese region. However, the consistent effort made by the Chinese government for stringent regulation for reducing the toll of sexual transmitted disease likely to register significant growth in the condom market in China.
This research study also includes some of the leading players operating in the condom market in China such as Ansell Ltd.,The Female Health Company Ltd., Karex Industries Sdn Bhd and HLL Life Care Ltd.
The condom industry in China is expected to witness significant growth owing to the rising average income of consumers and the demand for a better quality of life. China is a huge market for international condom manufacturers and brand enterprises. In addition, emphasis on public education about the use of condoms in preventing HIV and other known sexually transmitted diseases (STD’s) is an imperative part of government supported efforts to stop AIDS in China. The country’s plan to control, treat, and prevent HIV/AIDS for the period 2011 to 2015 estimates that approximate 90% of the key population is at higher risk, and 85% of urban residents aged between 15 to 60, and 80% of rural residents of the same group should be made aware about sexually transmitted diseases (STD’s) and HIV by 2015. In order to implement this plan, the government has planned on providing condoms or condom vending machines in 90% of hotels and other unspecified public areas by 2015. Endorsement by popular celebrities about prevention of AIDS by using condoms is another effective method to educate the masses about safe sex.
Moreover, female condoms are used as a contraceptive and as a preventive measure against sexually transmitted diseases. According to the Centre for Young Women’s Health (CYWH) which is a partnership between the Division of Adolescent/Young Adult Medicine and the Division of Gynaecology at Boston Children’s Hospital, the accuracy of a female condom is almost 95% if used properly. These products are also effective in preventing Sexually Transmitted Infections (STIs). Their effectiveness as contraception and as a barrier for the entry of STI causing pathogens, coupled with female and active responsibility linked with female condoms for preventing pregnancy are some of the factors encouraging women to use female condoms.
Further, a Chinese company “Dahua Medical Apparatus Company”producing female condoms has been approved by the World Health Organization (WHO) and the United Nations Population Fund for global distribution as another effective and safe form of contraception. Female condoms in China are on the government’s purchase list and they are usually distributed by local family planning groups. Although market for female condoms is on the lower side, the demand is rising at a steady pace. Consumer preference for female condoms has shown a positive impact on the condoms market in China.
In addition, strengthening economic conditions in China has led to an increase in the average income of consumers and that in turn has resulted in aspiration for a better quality of lifestyle among the residents of China. This factor has in turn fuelled the demand for condoms among the Chinese population, and the demand is only expected to go up in terms of quality and quantity. Therefore, China is considerable an attractive market for brand enterprises and international condom manufacturers.
Polyurethane, polyisoprene, lamb skin and pu leather are some of the materials that are majorly used to manufacture condoms. PU leather accounted for the lowest market share among the material types of condoms accounting for less than 5% of the total condom market in China. Condoms are very sensitive to high temperature and can melt if exposed to direct sunlight or a direct heat source and they should not be carried around in a wallet which is placed next to the body. They should be stored at a room temperature, usually between 55 degrees and 80 degrees Fahrenheit.
The key players operating in the China condom market are, Reckitt Benckiser Group Plc England, U.K.), Ansell Ltd (Richmond, Australia), Karex Industries Sdn. Bhd (Johor, Malaysia), The Female Health Company Ltd. (Illinois, The U.S.), Church & Dwight Co. Inc. (Erwing, The U.S.), HLL Life Care Ltd. (Thiruvananthapuram, India.), Thai Nippon rubber Industru Co. Ltd (Sathon, Bangkok), Fuji Latex Co. Ltd (Tokyo, Japan), Geaphic Armor LLC (Florida, U.S.) and Sagami Rubber Industries. (Atsugi, Japan) among others.
The Asia Pacific and Latin America sugar confectionery market can be segmented as follows;-
China Condom Market, by Material
- PU Leather
- Lamb Intestine
China Condom Market, by End Use
- Male Condoms
- Female Condoms
China Condom Market, by Product Type
- Flavoured Condoms
- Studded Condoms
- Edible Condoms
- Warming Condoms
- Coloured Condoms