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Global Sex Toys Market Analysis Report 2023-2030: Male-Centric Sex Toys, Penetration of IoT in the Industry, & a Burgeoning e-Commerce Sector Fueling Growth

DUBLIN, Sept. 26, 2023 /PRNewswire/ -- The "Sex Toys - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.



Global Sex Toys Market to Reach $74.9 Billion by 2030

In the ever-evolving and expanding world of personal pleasure products, the global Sex Toys market is projected to skyrocket from a valuation of US$41.3 Billion in 2022 to an impressive US$74.9 Billion by 2030.

This market analysis reflects both recent performance and future prospects for different types of sex toys, such as adult vibrators, dildos, erection rings, and other varieties. Sales channels, including online stores, specialty stores, and mass merchandisers, are also explored. The data highlights the evolving landscape of the sex toys industry, reflecting changing consumer preferences and growing acceptance of these products worldwide.

This substantial market growth is driven by changing societal attitudes towards sexual wellness and the emerging normalization of sex toy usage globally. Uncover the factors of this rising lucrative market with the comprehensive market research report at your fingertips.

Understand key growth sectors such as Adult Vibrators forecasted to reach US$33.4 Billion and Dildos segment resting at a promising 7.3% CAGR for the next eight years. 

The global sex toys market has witnessed significant growth, with sales projected to continue rising from 2022 to 2030 across various geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, and the Rest of the World. 

The Sex Toys market in the U.S. is estimated at US$13.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$12.3 Billion by the year 2030 trailing a CAGR of 10.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 7.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.

Dive into the competitive landscape with featured insights on impactful industry giants such as Adam & Eve Co., The Aneros Company, and Doc Johnson Enterprises. 

What`s New?




For more information about this report visit https://www.researchandmarkets.com/r/97uj0f

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SOURCE Research and Markets

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