Water-based Personal Lubricant Market Scope
The water-based Personal Lubricant market is expected to grow n the future due to an increase in the customer acceptance of sexual wellness products. The change is due to the increased exposure toward the internet, TV shows, and erotic fiction, growing awareness of sexual wellness products among women. The flourishing of the E-commerce industry will boost the Water-based personal lubricant market.
The Water-based Personal Lubricant market is reasonably serious and comprises of a few significant players. Not many of the noticeable players as of now ruling the market are applying different methodologies, as broad marking, associations with web-based business stores, and different makers, are dispatching another scope of premium items including flavors, healthy benefits to upgrading the straightforwardness and solace of sexual movement to unite their market position Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Water-based Personal Lubricant market throughout the predicted period.
Church & Dwight (United States), Reckitt Benckiser Group plc (United Kingdom), Ansell (Australia), Blossom Organics (United States), Bodywise (United States), Clean stream (United States), Cumming Corporation (United States), Good Clean Love (United States), Hathor Professional Skincare (Canada), HLL Lifecare (India), Live Well Brands (United States), Lovehoney Group (United Kingdom), Sensuous Beauty (United States), Sliquid (United States) and LifeStyles HealthCare Pte Ltd. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are The Yes Company (United Kingdom) and Trigg Laboratories (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Water-based Personal Lubricant market by Type (Men's Water-based Personal Lubricant, Women's Water-based Personal Lubricant and Unisex Water-based Personal Lubricant), by Application (Sexual life and Other) and Region with country level break-up.
On the basis of geography, the market of Water-based Personal Lubricant has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In May 2019, SKYN® Condoms announces the launch of SKYN® Aqua Feel Personal Lubricant, a water-based lubricant to support the body's natural lubrication, and SKYN® All Night Long Personal Lubricant, a long-lasting premium silicone-based lubricant to enhance the comfort of intimate activities.
“Testing per ASIM D7661 indicated that the lubricant formulation is compatible with natural rubber latex, polyisoprene, and polyurethane condoms. As with the predicate, testing for cytotoxicity, vaginal irritation, sensitization, and systemic toxicity in accordance with 1S0 10993 indicated device biocompatibility. Bench testing indicated that the lubricant lasts longer than hydrous lubricants, without drying out or becoming sticky, and that it has an appropriate viscosity, specific gravity, appearance, color, and odor for substantial equivalence to the predicate. Microbial limits testing was conducted per USP and USP indicated microbial quality. Realtime and accelerated aging tests indicate a 3-year shelf-life for the lubricant”
Market Trend
- Flourishing E-commerce Industry
- Rise in the Availability of a Wide Range of Products
Market Drivers
- Increasing the demand for personal lubricants.
- Rising Demand for these Products for Reducing Vaginal Dryness and Erectile Dysfunction
Opportunities
- Continuous Advancements in the New Product Development
- Introduction of Premium Products by Manufacturers
Restraints
- The Adverse Effect of Product such as Skin Irritation
Challenges
- Substitute available and government regulations
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Water-based Personal Lubricant Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry