CONDOM MARKET ANALYSIS

Name: Condom Market News
Creator: Coherent Market Insights
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Condom Market, By Gender (Male, Female), By Material Type (Latex, Non-Latex), By Product Type (Flavored Condom, Studded, Warming, Pleasured, Others), and By Distribution Channels (Drug Store, Supermarket, Hypermarket, Others) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Condom Market Key Developments:

In January 2016, Reckitt Benckiser Group PLC acquired Hypermarcas' Brazilian condom and lubricants business. Hypermarcas is a major Brazilian condom manufacturer which owns three brands - Jontex, Olla, and Lovetex. The acquisition helped the company in transforming the sexual wellbeing category in Brazil, which will further include strong innovation, and brand equity investment.
In June 2019, Okamoto launched VivaGel condom in Japan. This was Japan’s first condom with an antiviral coating coupled with providing barrier protection and incorporating the proprietary compound, astodrimer sodium (SPL7013) in the condom lubricant. This product launch is expected to help the company in gaining a higher market share in the Japanese condom market.
In June 2018, Thai Nippon Rubber Industry Public Company Limited, a manufacturer and seller of natural latex rubber condoms and lubricants acquired the exclusive global license to manufacture and distribute Playboy-branded condoms and lubricants from Playboy Enterprises International, Inc. This acquisition is expected to expand the company’s product portfolio in the U.S. and Europe.