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The Global Adult Toys Market was Worth $23.7Bn in 2017 and is Projected to Reach $35.5Bn by 2023 - Analysis by Type and Region - ResearchAndMarkets.com

October 2, 2018

DUBLIN--(BUSINESS WIRE)--Oct 2, 2018--The “Global Adult Toys Market - by Type, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.

The global adult toys market will reach 35.5 billion USD by 2023 from 23.7 billion USD in 2017 with a CAGR of 6.97% during the period.

The increasing use of adult toys for therapeutic purpose is the major factor for the growth of the market. Increase in openness, drive for excitement and adventure, passion for quirky products and heightened desire for experimentation are the factors driving the market. On the other hand, negative impact of sex toys restrain the market growth.

Asia-Pacific will have the largest share in the market by the end of 2023 due to increasing disposable income and presence of large customer bases. Europe and North America will show higher growth rate due to availability of high-end sophisticated products and rising propensity to experiment with adult toys.

Industry Trends and Updates

The latest trend gaining momentum in the market is rebranding and repositioning of sex toys. Companies ProfiledAnsellBMS FactoryLELOLUVU BrandsDoc JohnsonDurexFUN FactoryNaloneCalifornia ExoticNanmaLetenTengaChurch & DwightLover HealthLiaoyang Baileand more...

Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Adult Toys Market Segmentation, Forecasts and Trends - by Type

6. Global Adult Toys Market Segmentation, Forecasts and Trends - by Region

7. Company Market Share Analysis

8. Company Profiles

9. Industry Structure

10. Global Adult Toys Market - The Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/lxcdxf/the_global_adult?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181002005775/en/

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Related Topics:Toys

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SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/02/2018 11:20 AM/DISC: 10/02/2018 11:21 AM

http://www.businesswire.com/news/home/20181002005775/en

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