TECHGuru

  China Condom Market: Snapshot The rising prevalence of sexually transmitting disease such as AIDS/HIV and Chlamydia and the growing government initiative to endorse condom to help in preventing transmission of these disease, these are some of the factor influencing growth of this market in near future. Earlier, government is endorsing the usage of condom as a hygiene practice due to this the growth of this market was stagnant. But, the increase in active participation by the government about the safe practice of sex likely to boost the demand for condom in China. The condom market in China is likely to expand at a robust 12% CAGR during the course of forecast period from 2016 to 2024. The condom market in China is expected to gain a valuation of US$5.04 bn by 2024, in 2015 the condom market in china was valued at US$1.84 bn. Latex-based Condoms Likely to attract Promising Growth The China condom market can be bifurcated into end use, material, product type and region. On account...