IMARC Group’s report entitled “Personal Lubricant Market Report by Type (Water-based, Silicone-based, Oil-based), Gender (Male, Female), Distribution Channel (E-Commerce, Drug Stores, and Others), and Region 2024-2032”. The worldwide individual lube market size reached US$ 1.3 Billion in 2023. Looking forward, IMARC Group anticipates the marketplace to reach US$ 2.1 Billion by 2032, showing a development rate (CAGR) of 5.15% throughout 2024-2032.
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Aspects Affecting the Growth of the Personal Lubricant Industry:
- Growth of E-Commerce Platforms:
Online retail channels provide a discreet and available choice for customers to acquire these items, widening the consumer base and improving market penetration. The privacy offered by online shopping, paired with the large range of options and substantial item details, is causing increased purchaser self-confidence in making educated getting choices. E-commerce platforms are making it possible for producers to extend their geographical reach and enhance circulation, minimizing functional expenses and enhancing earnings margins. This digital shift is important in altering purchaser habits and increasing choices for online shopping.
- Impact of Sexual Wellness Trend:
The increasing pattern of sexual health and the destigmatization of sexual health items are moving the marketplace development. This shift belongs to a wider health motion that highlights holistic health, consisting of sexual wellness. Individuals are significantly ending up being informed about the value of safe and rewarding sexual experiences, causing a greater need for items that boost sexual convenience and enjoyment. The growing openness in talking about sexual health, helped by academic projects and the impact of social networks, is causing a larger approval of individual lubes amongst numerous demographics. The incorporation of natural and natural components in these items to cater to health-conscious individuals is supporting the market development.
- Group Shifts and Lifestyle Changes:
Aging demographics in lots of nations are driving the need for individual lubes, particularly because these items can supply services to the difficulties presented by menopause and other age-related modifications impacting sexual health. In addition, the increasing modifications in way of life patterns that focus on individual care, intimacy, and sexual expedition, showing a wider cultural shift towards openness in talking about and checking out sexuality, are adding to the marketplace development. These market and way of life aspects are vital chauffeurs as they form purchaser mindsets and habits.
Leading Companies Operating in the Global Personal Lubricant Industry:
- BioFilm IP LLC
- Church & & Dwight Co. Inc.
- Cupid Limited
- Karex Berhad
- LifeStyles Healthcare Pte Ltd
- Lovehoney Group Limited
- Reckitt Benckiser Group PLC
- Sliquid LLC
- The Yes Company Ltd.
- Trigg Laboratories Inc
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Personal Lubricant Market Report Segmentation:
By Type:
- Water-based
- Silicone-based
- Oil-based
Water-based individual lube represents the biggest section as it is skin safe.
