In the United States, GMP rules work under the jurisdiction of the Food and Drug Administration (FDA). Internationally, the International Organization for Standardization has created a standard called ISO 9000. and ISO standard, ISO13485, covers medical devices and is used in many areas to regulate condom production.
The article cited AMA's "Global Condoms Market Study" explored substantial growth of 6.32%. According to the report, Female Condoms Segment
is one of the primary growth factors for the market. Growing Awareness about Sexually Transmitting Diseases
is also expected to contribute significantly to the Condoms market. Overall, applications of Condoms, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Size, such as Trumpet condom, is boosting the Condoms market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Gender, such as Male, is boosting the Condoms market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Condoms market identified that the demand is rising in many different parts of the world as "Increased Efforts Toward Family Planning and Birth Control Measures
". Furthermore, some recent industry insights like "On 22 February 2019, the global leading consumer health and hygiene company, 'RB Group Plc' has acquired an innovative pre- and post-natal healthcare company based in Texas 'UpSpring, Ltd.' for an undisclosed amount. The acquisition of UpSpring reinforces RB’s commitment to supporting expectant and new mums, and infants in the first 1,000 days of life. As a result of the acquisition, RB can support both breastfeeding mums and those who choose infant formula." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Condoms market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Condoms market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Condoms market size is calculated using market estimation process, the Condoms market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Condoms market size has been validated using both top-down and bottom-up approaches.