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Global Lambskin Condom Market – by Sales Channel, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2018 - 2025)
Lambskin Condom Market – Segmented by Sales Channel, Region | Market Size, Growth, Drivers, Trends, Industry Structure and Forecasts, Competitive Intelligence, Company Profiles | MarkGenes
Lambskin Condom is a type of male condom made from lamb cecum which is a pouch located at the beginning of a lamb’s large intestine. It is also known as natural membrane condom since it provides more natural and intimate feel than those condoms made from polyurethane and polyisoprene condoms.
The global lambskin condom market was USD 47.26 million in 2018 and is estimated to reach USD 66.19 million by 2025 at a CAGR of 4.93% during the forecast period
Growth by Region
North America accounted for the largest market share owing to the rise in unplanned pregnancies in the region as well as a rise in the need for family planning. Europe, on the other hand, holds the second position for lambskin condom market due to increase in usage of condoms among teenagers in the region along with the rise in public health campaigns and marketing programs. Asia-Pacific and the middle-east regions are also lucrative markets for lambskin condoms during the forecasted timeframe due to an increase in public health campaigns and marketing to reduce unplanned pregnancies in the region.
Drivers vs Constraints
The global lambskin condom market is mainly driven by a rise in awareness through social media marketing coupled with the rise in public health campaigns and marketing programs by the government to control the population. Also, popularity among end users is also driving the growth of the market. However, the market is hindered by the ineffectiveness of lambskin condoms against STDs and STIs, alternative methods of contraception, lack of awareness and social stigma in underdeveloped countries.
Industry Trends and Updates
Trojan, an American-based most-trusted condom and sexual health brand is launching a new campaign to reintroduce Trojan man condoms in partnership with 72andSunny New York which is a creative agency to promote its new product in the market. Sagami Rubber Industries, a Japanese-based condom manufacturing company is ramping up production of the world’s thinnest condom made of lambskin to distribute hundreds of thousands of prophylactics to visiting fans as well as athletes during the Tokyo Olympics in the year 2020.
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