Regional Analysis
Asia Pacific is the dominant region in the global condom market. Asia Pacific comprises of economies with largest population such as China, India, and Indonesia, which in turn contributes to growth of the global condom market in the region. China has a large market for condom manufacturing and brand enterprising. According to China National Centre for STD/AIDS Prevention and Control, in 2014, around 501,000 people suffered from HIV, from which around 21000 people die of the disease. The government of China has supported efforts to prevent the spread of AIDs and sexually transmitted diseases. This boosts growth of the market in China. Increasing awareness about sexually transmitted diseases, family planning campaigns, and brand advertisements are some of the major drivers expected to fuel growth of the condom market in Asia Pacific over the forecast period.
North America accounts for a major share in the condom market. The U.S., Canada, and Mexico are major economies in manufacturing condom. According to study conducted by Centre for Disease Control and Prevention (CDC) between the year 2012 to 2014, the most popular form of contraception in the U.S. is condom, with its use recorded to be higher among the age group of 15 years -19 year, than 33 years - 44 years age group. Despite the increased use of condoms, the STIs rate is rapidly increasing. Over 4.5 hundred million condoms are sold annually in the U.S. Governments and high schools are playing an important role in educating students and creating awareness about STIs and contraception.
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