Female Sex Toys Market Scope
A sex toy is an external object, used to stimulate and increase the sexual pleasure of users, thereby leading to sexual satisfaction. Female sex toys include sophisticated and high-end sexual pleasure products, such as vibrators, dildos, and many others. These toys are commercially available on the online platform. The rise in disposable income and the strong presence of online platforms are some of the key factors driving the demand for the market. According to a report, during the lockdown sex toy sales in the Nigerian cities of Lagos and Abuja shot up.
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Female Sex Toys market throughout the predicted period.
BMS Factory (Canada), California Exotic (United States), Church & Dwight (United States), LELO (Sweden), Reckitt Benckiser (United Kingdom), WOW Tech (Germany), Adam & Eve (United States) and Ansell Healthcare (Belgium) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Doc Johnson (United States) and Okamoto Industries (Japan).
Segmentation Overview
The study have segmented the market of Global Female Sex Toys market by Type (Dildos, Vibrators, Bullets & Eggs, Sex machines, Clitoral Pump and Others) and Region with country level break-up.
On the basis of geography, the market of Female Sex Toys 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).
Influencing Trend:
Adult Vibrator and Massager Are Most Widely Used Sex Toys
Market Growth Drivers:
Mainstream Exposure to Sex Toys and Easy Usage and Increasing Consumer Awareness for Sexual Pleasure and Tremendous Growth of E-Commerce
Challenges:
Building Trust With Customers and Navigating the Cultural Stigma Surrounding Sex in Nigeria
Restraints:
Social Inhibitors against Sex Toys consider these Products are Stereotyped and Vulgar
Opportunities:
High Exposure through the Internet and Media, Prompting Consumers to Buy Them for Completing Their Sexual Pleasures and The Advent of Wearable Technology
Key Target Audience
Female Sextoys manufacturers, Regional and International manufacturers, Distributors/ Suppliers/ Intermediaries, Potential Investors, Marketing and Consulting Firms, Government and Regulatory Bodies and Others
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 the total available market.