USD XX billion
Report ID: SQSG30L2029 | Region: Global | Published Date: November, 2022 | Pages: 275 | Tables: 90 | Figures: 70
Water Based Lubricants Market was valued at USD XX billion in 2021, and it is expected to reach a value of USD 6.0 billion by 2028, at a CAGR of 5.7% over the forecast period (2023 - 2030).
Growing public understanding of the numerous advantages of personal lubricants, such as ease of penetration and enjoyable masturbation, has increased consumer adoption of these items. Water-based lubricants are preferable during vaginal intercourse because they are more readily available than other lubricants. They are also safe to use with latex condoms and are simple to remove with soap and water. The availability of knowledge via blogs, videos, and online discussion forums is assisting women in exploring and purchasing these goods, which is favorably impacting demand for sexual health products such as personal lubricants.
The emergence of organic water-based lubricants, which contain natural components and are devoid of petrochemicals, parabens, glycerine, and animal products, is one of the most recent market advances. The such product offers advances will not only improve quality and customer happiness but will also contribute to increased sales of water-based lubricants.
US Water Based Lubricants Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD XX billion
Men’s Water-Based Personal lubricants
Men’s Water-Based Personal lubricants
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Global Water Based Lubricants Market is segmented based on the Type, Distribution channel, and Region. Based on the Type, the Water Based Lubricants Market is segmented as Men’s Water-Based Personal lubricants, Women’s Water-Based Personal lubricants, And Unisex Water-Based Personal lubricants. Based on the distribution channel, the Water Based Lubricants Market is segmented as Supermarkets, Drugstores, and Super Centres. Based on Region, Water Based Lubricants Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Water Based Lubricants Market Analysis by Type
The adoption of a Men’s Water-Based Personal Lubricant system is the primary factor fueling this market's expansion. The product is becoming increasingly popular on the market because of its advantages such as including safe sex and fewer chances of injury. The availability of a variety of men’s water-based personal Lubricant solutions will probably boost market expansion.
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North America held the significant Water Based Lubricants Market share. The increased popularity of personal lubricants in North America, as well as increased understanding about the product's numerous benefits, has propelled the use of personal lubricants. In Europe, end-user demand for personal lubrication for sexual activities is increasing, boosting the market for personal lubricants. In Asia Pacific, fast rise in condom usage has spurred the use of personal lubricants that help the user avoid dryness and friction or discomfort, which is projected to fuel the market.
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Water Based Lubricants Market Increasing Sexual Wellness Products
Water Based Lubricants Market Restraint
Increase in Price
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The Global Water Based Lubricants Market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their companies globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses to increase market share and profitability.
Water Based Lubricants Market Top Player's Company Profiles
Water Based Lubricants Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by robust Secondary Desk research.
According to our Global Water Based Lubricants Market Analysis, market competition is strong, resulting in exponential product innovation in recent years. High growth rates and tremendous market potential are attracting a wave of new vendors and investors. To remain competitive in the sector, vendors are making their products available on the shelves of outlet shops and online.
|Market size value in 2021||USD XX billion|
|Market size value in 2028||USD|
|Forecast period||2023 - 2030|
|Forecast Unit (Value)||USD Lang="EN-US"|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Water Based Lubricants Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Water Based Lubricants Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Water Based Lubricants Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Water Based Lubricants Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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