The Indian Condom market is expected to reach US$ 508.36 Mn in 2027 from US$ 183.46 Mn in 2018. The market is estimated to grow with a CAGR of 12.2% from 2019-2027.
India is the world’s second-most populous country; it is also the first country around the world to a program for family planning. The National Program for Family Planning was launched in 1952 as a means to control the population. However, India has one of the world’s most significant number of AIDS patients due to the lack of awareness regarding safe intercourse practices. Over the years, the emphasis of condom marketing has shifted from having a utility aspect to more eroticism. To fix the cons of this transformation, the government of India is launching various initiatives and implementation programs to achieve stability in population; reduce the rate of maternal, infant, and child mortality; and promote safe reproductive health. The National Health Mission, and the Ministry of Health and Family Welfare, Government of India, updated the National Health Policy and National Rural Health Mission in 2017; these policies promote the use of condoms as method of contraception.
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In-depth qualitative analyses include identification and investigation of the following aspects:
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Emerging Product Trends & Market Opportunities
Porter’s Fiver Forces
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This post was originally published on The Picayune Current