Condom Industry Statistics [2023] - Size, Growth & Demographics

Looking for information on the condom industry in the US? Wondering about the global condom industry’s worth?

Using condoms is one of the safest ways to protect against STIs and unplanned pregnancies.

But how many people use condoms? How many condoms are sold each year? And is condom use decreasing?

In the following article, we dive into a mountain of real-life studies, statistics, and research to provide you with the most up-to-date information about the global condom industry.

Let’s jump in!

Condom Industry – Key Statistics

The total market value of the condom industry reached $10.7 billion USD in 2022.
Condom usage is 31% higher among individual with a university degree
The global condom industry is set to grow at a CAGR of 8.5% between 2022 and 2030.
By 2030, the size of the global condom market is estimated to surpass $20 billion USD.
The Asian Pacific region holds a nearly 50% global market share.
In 2021, the North American condom industry‘s market cap had grown to $1.4 million USD.
The North American condom industry is growing at a CAGR of 5.9%
Between 2020 and 2021, COVID-19 is estimated to have caused a temporary 7.91% increase in the overall market size.
In the United States alone, more than 450 million condoms are sold yearly.
Only 54.3% of US high school students said they use condoms.
Karex Berhad is the leading condom manufacturer, capable of producing more than 5 billion condoms annually.
Fuji Latex generated $8.15 million in revenue in 2022
In 2022, Church & Dwight—the US manufacturer that owns the Trojan brand of condoms—netted roughly $5.24 billion in revenue.
eCommerce is predicted to be the fastest-growing segment of the condom market, with an estimated CAGR of 9.11%.
Most condom users in the US are between 18 and 24 years old.
Roughly 30% of all condom purchasers in the United States are female.
Japan is one of the leading national consumers of condoms.
Only 4% of the male Nigerian population between 15 and 49 years of age say they use condoms.
Younger people are more likely to use condoms than older adults.
42% of individuals aged 19 to 29 used condoms.
Only 11% of seniors aged 65 and up use condoms.
People are less likely to use condoms than in the past.
Between 2013 and 2017, condom use decreased by 5% among teenagers.

Sources

Condom Market Size, Growth & Forecast
How Big Is The Global Condom Market?
How Much Is The North American Condom Industry Worth?
Impact Of COVID-19 On The Condom Market
How Many Condoms Are Sold In The US Each Year?
Condom Companies – Key Players Insights
What Company Sells The Most Condoms?
Which Factors Are Expected To Drive Global Condom Market Growth?
Condom Usage, Market Segments & Demographics
Who Is The Target Market For Condoms?
What Percentage Of Males Use Condoms?
Which Country Uses Condoms The Most?
Which Country Uses Condoms The Least?
Which Age Group Is Least Likely To Use Condoms?
Why Is Condom Use Decreasing?
References

Condom Market Size, Growth & Forecast

Because condom use is prevalent virtually everywhere, it’s no surprise that the industry has grown to such massive proportions.

How Big Is The Global Condom Market?

In 2021, the global condom market had a total size of about $9.9 billion USD.
As of 2022, the total market value of the condom industry reached $10.7 billion USD.
The global condom industry is set to grow at a CAGR of 8.5% between 2022 and 2030.
By 2030, the size of the global condom market is estimated to surpass $20 billion USD.
The Asian Pacific region holds a nearly 50% global market share.
Europe holds the second largest market share—roughly 25% of the global market—with Germany, the UK, France, and Italy having some of the most significant national shares.
North America holds the third-largest market share, with an estimated 12.5% global market share.

Sources

How Much Is The North American Condom Industry Worth?

In 2020, the North American condom segment had a market cap of roughly $1.3 million USD.
One year later, in 2021, the North American industry’s market cap had grown to $1.4 million USD.
Today, the North American condom industry is growing at a CAGR of 5.9% and is expected to continue at this rate until 2030.
In 2021, the market segment for latex-based condoms was the largest, representing more than 89% of the total market.

Sources

Impact Of COVID-19 On The Condom Market

COVID-19 caused an overall decline in condom usage during the pandemic, primarily due to social distancing and stay-at-home orders.
In some countries, such as Canada and India, the pandemic initially caused a short-lived increase in condom usage.
Between 2020 and 2021, COVID-19 is estimated to have caused a temporary 7.91% increase in the overall market size.
Manufacturing disruptions and supply chain issues caused leading manufacturers significant losses due to the non-availability of certain raw materials.

How Many Condoms Are Sold In The US Each Year?

In the United States alone, more than 450 million condoms are sold yearly.
89.7% of US high school students said they used a contraceptive during their last sexual encounter.
However, only 54.3% said they had used a condom.
Only 9% of sexually active high schoolers in the US used condoms and another form of birth control, such as an IUD, the patch, a contraceptive injection, or the pill.

Condom Companies – Key Players Insights

Some of the biggest companies and players in the industry include:

Church & Dwight Co.
Fuji Latex Co.
HLL Lifecare
Karex Berhad
Okamoto Industries
Reckitt Benckiser
Thai Nippon Rubber Industry Public Limited Company
Veru Inc.

What Company Sells The Most Condoms?

Now we know some of the leading names in the industry. But who is the largest producer of condoms?

In the Asia Pacific market, Karex Berhad is the leading condom manufacturer, capable of producing more than 5 billion condoms annually.
In 2020, Karex generated more than $93 million USD in revenue.
In 2022, Karex generated more than $103.5 million USD in revenue.
Fuji Latex generated $8.15 million in revenue in 2022, placing it among the leading condom manufacturers in the world based on revenue.
In 2022, Church & Dwight—the US manufacturer that owns the Trojan brand of condoms—netted roughly $5.24 billion in revenue.

Which Factors Are Expected To Drive Global Condom Market Growth?

Following the COVID-19 pandemic, eCommerce is expected to become an increasingly important driving factor in the growth of the condom industry.
eCommerce is predicted to be the fastest-growing segment of the condom market, with an estimated CAGR of 9.11%.
Discrete delivery and privacy are believed to be essential factors fueling the growth of the eCommerce condom segment.
Increasing ease of access to pharmacies is another crucial factor contributing to the industry’s growth.
Government initiatives that promote sexual health are also expected to be an essential factor in the growth of the global market.
In North America, the ease of COVID-19 restrictions is expected to cause an increase in demand, particularly among women.

Sources

Condom Usage, Market Segments & Demographics

Did you know that condom use is as much as 31% higher in individuals with a university degree?

Regarding safe sex, condoms are among the most effective and popular methods used to protect against STIs and unplanned pregnancies.

But who uses condoms the most? How popular are condoms as a form of contraceptive? And is condom usage decreasing?

U.S. Condom Use Vs. Other Contraceptive Methods

In the following table, we list some of the most common forms of contraceptive based on the responses of American women who have said they’ve used them within the past month.

Contraceptive Method	Number of US Women (aged 15 to 49)	% of total
Tubal ligation/implants	13,150,225	18.10%
The pill	10,139,377	14%
Male condom	6,125,842	8.4%
IUD	6,101,248	8.4%
Male vasectomy	4,101,347	5.6%
The pull-out method	2,666,523	3.7%
Implant	1,459,234	2%
Injected contraceptive	1,422,760	2%
Family planning	1,241,390	1.7%
Vaginal ring	594,391	0.8%
Patch	225,504	0.3%
Plan B	95,021	0.1%

Traditional male condoms are the third most used contraceptive in the United States.

Who Is The Target Market For Condoms?

Generally, those who engage in high-risk sexual activities, such as sex workers, men who have sex with other men, and individuals who have multiple partners, are the prime target audience for the industry.

However, there are many other demographics and segments that make up the industry.

Most condom users in the US are between 18 and 24 years old.
US condom users prefer traditional latex condoms, with an increased interest in organic materials and the addition of lubricants.
European condom users prefer condoms with unique shapes, textures, and designs.
Brazilian condom users prefer menthol and peppermint-flavored condoms.
Female condoms aren’t anywhere near as popular as male condoms.
However, researchers predict female condom usage will increase between 2021 and 2030.

Sources

What Percentage Of Males Use Condoms?

Male latex-based condoms represent the largest segment of the global condom market.

But how many men are using them?

Roughly 70% of all condom purchasers in the United States are male.
Between 2011 and 2015, 45.2% of men said they used a condom during their last sexual encounter.
More unmarried non-Hispanic black men say they use condoms than non-Hispanic and Hispanic white men.

Which Country Uses Condoms The Most?

Japan is one of the leading consumers of condoms in the world.
Condoms represent nearly 80% of all contraceptive usage by married Japanese women.
In 2021, the entire Asia Pacific market accounted for a larger revenue share than all other regional markets.

Which Country Uses Condoms The Least?

In 2013, Niger had one of the lowest prevalences of male condom usage.
Only 4% of the male Nigerian population between 15 and 49 years of age said they used condoms.
In 2013, Madagascar ranked as having the second lowest prevalence of condom use.

Which Age Group Is Least Likely To Use Condoms?

Younger people are more likely to use condoms than older adults.
42% of individuals aged 19 to 29 used condoms.
31% of those aged 30 to 49 used condoms.
19% of adults between 50 and 64 said they use condoms.
Only 11% of seniors aged 65 and up use condoms.

Sources

Why Is Condom Use Decreasing?

When used correctly, male latex condoms are said to be more than 80% effective at preventing the transmission of STIs.

Despite this, while condom manufacturers may still be making excellent profits and the industry is expanding, condom use is believed to be declining in various demographic populations.

Overall, people are less likely to use condoms than in the past.
Between 2013 and 2017, condom use decreased by 5% among teenagers.
Researchers believe the decline in condom use among teenagers is partly due to teens having less sex than in the past.
During the same period, condom use declined in adult males who have intercourse with other males.
Between February and April 2021, condom sales increased by more than 23%.
However, in 2020, sales declined by 4%.
In 2017 and 2018, condom sales also saw declining numbers, showing only a tiny 1.2% increase in 2019.
The use of condoms is considerably lower in high school students that engage in other high-risk sexual behaviors, such as having multiple partners, engaging in group sex, and using drugs.

Sources

Condom Industry Statistics [2023] – Size, Growth & Demographics

Condom Industry – Key Statistics