PUBLISHER: Grand View Research | PRODUCT CODE: 1511927
PUBLISHER: Grand View Research | PRODUCT CODE: 1511927
The India condom market size is anticipated to reach USD 1.8 billion by 2030, and expected to grow at a CAGR of 11.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing awareness regarding the use of condoms, the high prevalence of HIV and STIs, and the presence of key companies in the country are driving the growth of this market. For instance, according to the research article published in the BMJ Journals in March 2022, approximately 6% of the adult population in the country is infected with one or more STIs at any one time.
The Indian government is also engaged in creating awareness regarding the prevention of HIV/AIDS. In October 2021, Phase II of the HIV/AIDS awareness campaign was launched, aiming at generating awareness, promoting related services, and reducing stigma around it. Such initiatives are further expected to increase the demand for condoms in India and foster market growth. In addition, increasing initiatives to create awareness regarding female sexual health and the emergence of brands offering female condoms, such as MsChief and Bleu (Sirona Hygiene Private Limited), are further expected to drive the growth of the condom market in India.