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Global Sexual Wellness Market 2018-2022 | Increasing Average Age of First Pregnancies to Drive Growth | Technavio

June 8, 2018

Technavio has published a new market research report on the global sexual wellness market from 2018-2022. (Graphic: Business Wire)

LONDON--(BUSINESS WIRE)--Jun 8, 2018-- analysts forecast the global sexual wellness market to grow at a CAGR of close to 7% during the period 2018-2022, according to their latest market research report.

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Technavio has published a new market research report on the global sexual wellness market from 2018-2022. (Graphic: Business Wire)

The introduction of 3D printing is one of the major trends being witnessed in the . The use of 3D printing to manufacture sexual wellness products is increasing. Manufacturers have realized that products with standard sizes cannot address the needs of all people and the use of customized sexual wellness products can improve the sexual experience of people. Because of this reason, vendors such as Aniwaa and sayitwithacondom print sexual wellness products according to the needs of their customers who can design their products from their homes.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio analysts highlight the increasing average age of first pregnancies as a key factor contributing to the growth of the global sexual wellness market:

Global sexual wellness market: Increasing average age of first pregnancies

The average age of first pregnancies has been increasing across the world. The average age of first pregnancies in most of the countries had increased from 28 in 1995 to more than 30 in 2015. In regions such as Asia, the number of births from each woman had reduced from 2.56 in 1995 to 2.2 in 2015. In most parts of Asia, excluding South Asia, the average age of first pregnancies is more than 24. The increasing age of first pregnancies is due to increasing economic pressure and the internet of women in higher education and careers.

According to a senior analyst at Technavio for health and wellness, “The cost of raising children is also increasing owing to the growing cost of education and childcare. In countries such as the UK, the cost of raising children increased by 58% from 2003 to 2013. Hence, there is a delay in marriage and motherhood. All these factors will increase the demand for contraceptives, which will drive the growth of the global sexual wellness market.”

Global sexual wellness market - Sex toys segment leads the market

This market research report segments the global sexual wellness market into the following products (sex toys, condoms and contraceptives, personal lubricants, and erotic lingerie) and key regions (the Americas, APAC, and EMEA). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Of the four major products, the sex toys segment held the largest market share in 2017, contributing to over 50% of the market. The market share occupied by this segment is expected to decrease by almost 1% by 2022. However, this product segment will dominate the global market throughout the forecast period.

APAC was the leading region for the global sexual wellness market in 2017. It accounted for a market share of approximately 39%. It was followed by EMEA and the Americas. The Americas is expected to project the fastest growth during the period 2018-2022.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20180608005803/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: WOMEN HEALTH OTHER HEALTH CONSUMER GENERAL HEALTH MEN

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 06/08/2018 06:23 PM/DISC: 06/08/2018 06:23 PM

http://www.businesswire.com/news/home/20180608005803/en

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