The global online sex toy market is expected to grow

2021-11-26 09:39:42 By : Mr. wills Wang

September 6, 2021 09:58 ET | Source: Facts & Factors Facts & Factors

New York City, New York, September 6, 2021 (GLOBE NEWSWIRE) - Facts and Factors released a new research report titled "In the linear toy market by product (adult vibrator, dildo, masturbation, Sex doll toys, erection rings, etc.) According to material (metal, plastic, silicone, glass and others), according to price range (mid-range/economical and high-end/luxury), according to end users (female and male), according to region: Global and regional industry perspectives, comprehensive analysis and forecasts from 2021 to 2026".

"According to a recent research report, by 2026, the global online sex toys market size and demand for share is expected to reach 18.1 billion U.S. dollars from 12.36 billion U.S. dollars in 2020, with a compound annual growth rate (CAGR) of 5.60% during the forecast period. 2021 Until 2026"

Global online sex toys market: an overview

Sex toys are external objects or gadgets designed to stimulate or increase sexual pleasure, thereby obtaining sexual satisfaction. Due to hormonal imbalances and differences in vaginal muscle stiffness and softness, some women experience vaginal dryness. Due to repeated conceptions and high levels of muscle strain, relaxation of the vaginal wall was also noticed. The invention of sex toys is to alleviate the difficulty for ladies to obtain sexual pleasure due to the above-mentioned problems. In addition, sex vibrators and massagers can increase estrogen levels and relax vaginal skin.

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Due to liberalization, social media penetration and popular influence, sexual health knowledge has increased. Because sex toys have no rules, manufacturers can create goods for both sexes without revealing the chemicals used in materials or equipment. Therefore, manufacturers are free to create a large number of novel toys. Both men and women use a wide range of sexual stimulation products, including vibrators, dildos and electronic stimulators. The booming e-commerce industry helps expand the sex toy market by guaranteeing a variety of items to the public. Due to the convenience and anonymity provided by the Internet, the demand for sex toys has increased. People think these commodities are important, not insignificant. This has led many suppliers to invest in the region to produce products with improved designs and functions. The increasing popularity of sex toys helps expand the sex toys business.      

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As one of the growth factors, the innovation and effective marketing of these projects are cited. As women are becoming more interested in sex toys, manufacturers are focusing on female consumers. Technological progress and the desire to increase sexual pleasure have driven sales growth. Due to the wide variety of products on the online platform, the sales of sex toys are also increasing. The development of this market is expected to be driven by the increase in consumption power and the improvement of living standards in developing countries. Due to their increasing appeal at all ages, novelty adult products are establishing a mainstream position in the field of sexual health. Due to the acceptance of the LGBTQ community and the rising desire of women to try them reluctantly, sexual health products are becoming more and more popular. This expansion of the online sex toy market is due to the lack of manufacturing regulations, loose sex toy distribution laws (or lack of laws), and global e-commerce accessibility. In Southeast Asia, local e-commerce giants such as Shopee and Lazada dominate, and e-commerce in 2020 has increased by 63% compared to 2019. In addition to statistics, forced isolation and transfer of intimacy seem to be the more obvious drivers of sex toy sales during the prevalence period.

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Global online sex toys market: report scope

Global Online Sex Toys Market: Segmentation

The global online sex toys market is divided according to products, materials, price ranges, end users, and regions.

Adult vibrators, dildos, masturbators, sex doll toys, erection rings, etc. constitute the global product segment in the linear toy industry. According to the type of material, the global online sex toy industry is divided into metal, plastic, silicone, glass, etc. Mid-range/economy and high-end/luxury goods are the price ranges of the global online sex toys market. According to the type of end users, the industry is divided into women and men.

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Global online sex toys market: regional analysis

North America is expected to dominate the growth of the global online sex toys market

In terms of value, North America is the largest market for online sex toys in 2020, and North America has the highest share in 2020. According to a study, more than half of Americans use sex toys to improve their sexual experience. During the forecast period, due to increased social acceptance and freer sexual lifestyles in the United States and Canada, the demand for adult novelty products is expected to increase. The growth prospects of the online sex toys market in Europe and North America remain bright. European countries such as Germany, Italy, France, the United Kingdom, Denmark and Belgium are the major market contributors. The most popular products in these countries are traditional vibrators and dildos. The reduction in sex-related social stigma and the increase in online businesses are expected to stimulate demand for online toys in the Asia-Pacific region. Countries such as Singapore and New Zealand are now promoting the sex toy business to meet the sexual needs of women.

Browse the full report "By product type (adult vibrator, dildo, erection ring, masturbator, sex doll toy, other), by material (metal, silicone, plastic, glass, other), price range (premium/luxury)" Browse the full report, mid-range/economy), end users (male, female): Global Industry Outlook, Comprehensive Analysis and Forecast, 2021 to 2026" at https://www.fnfresearch.com/online-sex-toys -market

The global online sex toys market segmentation is as follows:

The main highlights of this report:

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