DUBLIN--(BUSINESS WIRE)--The "India Sex Toys Market by Product (Adult Vibrator, Massager, Dildo, Others), by End User (Male, Female), by Region, Competition, Forecast & Opportunities, FY2026" report has been added to ResearchAndMarkets.com's offering.
The Indian Sex Toys Market was valued USD 91.34 Million in FY2020 and is expected to grow at double digit CAGR of 15.87% until FY2026.
Anticipated growth in the market can be attributed to innumerable health benefits of inculcating sex toys for self pleasure or in a relationship. Consumers are gradually getting open to experimenting with sexual wellness products and erotica accessories, which is acting as a major booster for sex toys market growth.
Additionally, emergence of e-commerce sites, particularly selling sex toys and accessories is one of the key factors behind the market growth. Also, availability of sex toys, targeted towards LGBT population, is further fueling the growth of this market in India.
Sex toys industry is still at nascent stage in India and is only a decade old. The growing trend of embracing sexuality among Indians is a major factor leading to demand for sex toys.
Moreover, the law guiding the sale of sex toys in India is vague and prudish, which is enabling retailers to offer a variety of sex toys and accessories. However, the market is also exposed to some restrains. Presence of social taboos and negative social perception towards sex toys are likely to hamper the market growth in India during he forecast period.
The Indian Sex Toys Market is segmented based on product, end-user, and region. Based on product, the market can be categorized into adult vibrator, massager, dildo and others. Among them, adult vibrator held share of 21.21% in FY2020 on account of increasing use of adult vibrator by both men and women.
to growing emergence of e-commerce sites, selling variety of sex toys. Moreover, the convince of buying sex toys without the judgmental eyes in the open is enabling high growth of online segment in the country.
Major players operating in the Indian Sex Toys Market include Happy Birds Inc Private Limited (IMBesharam), Shycart, Kaamastra, That'Personal.com and Lovetreats, among others. The companies are engaging in partnerships with various online retailers to increase their market share.
Key Target Audience:
- Sex toys manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to sex toys
- Market research and consulting firms
Years considered for this report:
- Historical Years: FY2016-FY2019
- Base Year: FY2020
- Estimated Year: FY2021
- Forecast Period: FY2022-FY2026
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on India Sex Toys Market
4. Executive Summary
5. India Sex Toys Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product (Adult Vibrator, Massager, Dildo, Others)
5.2.2. By End User (Male, Female)
5.2.3. By Company (2019)
5.2.4. By Region
5.3. Product Market Map
6. India Adult Vibrator Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By End User
6.2.2. By Economical Vs Premium (FY2020)
6.2.3. By Premium Brands (FY2020)
7. India Massager Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By End User
7.2.2. By Economical Vs Premium (FY2020)
7.2.3. By Premium Brands (FY2020)
8. India Dildo Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By End User
8.2.2. By Economical Vs Premium (FY2020)
8.2.3. By Premium Brands (FY2020)
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Developments
11. Policy & Regulatory Landscape
12. India Economic Profile
13. Competitive Landscape
13.1. Happy Birds Inc Private Limited (IMBesharam)
13.2. Shycart
13.3. Kaamastra
13.4. That'Personal.com
13.5. Lovetreats
14. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/45jj2x
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