Polyurethane Condom Market 2019-2025
New Market Study, Report “Polyurethane Condom Market 2019 Global Industry Demand, Opportunities, Growth Drivers, Challenges, Strategies and Forecasts 2025” Has been Added on WiseGuyReports.com.
Global Polyurethane Condom Market Protects Growth with Rising Awareness
This report provides in depth study of “Polyurethane Condom Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Polyurethane Condom Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
Polyurethane condoms are the most common non-latex condoms in the market. These condoms derived essentially from plastics provide several advantages over latex condoms. These are as thick and wide as latex condoms and offer more conductivity for heat. These do not have an odor, are less allergic than latex, and can be used with oil-lubricants. According to a WHO study, these slip or break more often than latex condoms.
However, they are more preferred due to their less-allergic nature. Moreover, these gained FDA approval in the United States, which is expected to drive the global polyurethane condom market. The FDA approval paved the way for their safety which promises they are as effective as latex condoms. The recent economic slowdown in the US had resulted in significantly less sexual activity among Millenials. However, the recovery of the economy is likely to result in a significant rise in condom sales in the near future.
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When it comes about the key players of the industry, the names like Church and Dwight
Sagami Rubber Industries
Shandong Geamay Latex Technology
Shandong Diligent Group
Okamoto Industries etc. do appear at the front Column.
The global polyurethane condoms market report is an in-depth study of growth drivers, trends, and economic forecast. The report is segmented on the basis of type into polyester polyurethane and polyether polyurethane. The polyether polyurethane remains a promising prospect as economic slowdown and worries have slowed sales in recent years. The low-costs of the segment is expected to work in its favour and drive robust sales in the near future.
Furthermore, the report is segmented by applications into online stores and retail outlets. While retail outlets promise robust growth, online stores are likely to drive growth as taboos around sexual activity, especially for teenagers and for people with same-sex preferences add to the growth of the online channels.
Global Polyurethane condom market report will cover all regions including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these, Asia Pacific is expected to witness the highest demand, thanks to growing awareness about sexual health, rising disposable income, and changing lifestyle. The growing concerns about allergies and FDA approval for polyurethane condoms in Europe, and North America will also drive strong growth in the region.
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Japanese manufacturer, Sagmi manufacturers has invested RM 101 million to build a new manufacturing facility in Malaysia. The new facility is built to increase production to meet rising demand from Europe, China, and Japan. The manufacturer stated that the rise of robotic technology presents a major advantage for driving growth. The facility may just be a drop of water in the wider ocean worldwide. However, the news does indicate growing demand from the Asia Pacific, which is expected to remain the strongest during 2019-2025.
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