What is Personal Lubricants Market?
Numerous individuals utilize a personal lubricant to upgrade their sexual joy. Oils improve sex by making genital tissues soggy, which decreases friction and makes intimate contact more pleasurable. An ointment is regularly utilized with condoms to diminish disturbance from latex, yet can likewise be utilized all alone. Grease ought to be applied before sex and can undoubtedly be coordinated into foreplay.
The market study is being classified by Type (Water-based, Silicone-based and Oil-based), by Application (Sexual life and Other) and major geographies with country level break-up.
Reckitt Benckiser Group PLC (United Kingdom), Church & Dwight Co. Inc(United States), Biofilm, Inc.(United States), LifeStyles Healthcare Pte Ltd (United States), Mayer Laboratories Inc. (United States), Lovehoney Group Ltd (United Kingdom), Trigg Laboratories Inc. (United States) and Uberlube (United States) are some of the key players profiled in the study.
The Personal Lubricants 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 predicts that United States Vendors will contribute to the maximum growth of Global Personal Lubricants market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Personal Lubricants market by Type, Application and Region.
On the basis of geography, the market of Personal Lubricants 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing the demand for personal lubricants.
- Increasing demand for these products for reducing vaginal dryness and erectile dysfunction is expected to boost the market growth
Market Trend
- The emergence of The Water-based Lubricants
Restraints
- The adverse effect of product such as skin irritation
Opportunities
- Rise in the availability of a wide range of products, along with reduced side effects associated with these products due to continuous advancements in the new product development with the introduction of premium products by manufacturers
Challenges
- Substitute available and government regulations
“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”
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Personal Lubricants Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry