EMEA Region Will Continue To Dominate The Global Female Condom Market Both In Terms Of Revenue And Volume
Posted on March 20, 2017 at 11:57 am | | Khyama
- In 2016, EMEA was the largest contributor towards the global female condom market
- EMEA region to account more than 60% market share of global female condom market both in terms of revenue and shipment
A recent report released by Beige Market Intelligence on “Global Female Condom Market – Strategic Assessment and Forecast 2017-2022,” forecasts that EMEA region is going to have the maximum market share of global female condom market. The market research report which provides the detailed insights of worldwide female condom market, includes the market analysis of major geographic regions. The major regions included in the female condom market report are
- Latin America
- North America
The 117-page report includes a detailed study of growth drivers, trends, and restraints of the global female condom market. The report also includes the leading five vendors in the market and other key vendors. The report provides the analysis of the key segments of the female condom market by material type, distribution channel, geography, country, and vendors. The report provides a detailed analysis of revenue from each segment in terms of value and volume.
In 2016, EMEA was the largest contributor towards the global female condom market
According to the analysts at Beige Market Intelligence, EMEA region was the largest contributor towards the global female condom market. The region accounted for 65.9% and 65.7%, respectively for 2016, in terms of revenue and volume.The penetration of female condoms in EMEA countries such as South Africa, Zimbabwe, Zambia, Egypt, and Congo is increasing rapidly. For instance, South Africa distributed a significant number (in millions) of female condoms in 2016. Similarly, Zimbabwe witnessed noteworthy amount (in millions) of distribution of female condoms in 2016. Eastern Europe also witnessed an increased consumption of female condoms among end-users. The market research report forecasts that EMEA will continue to dominate the global female condom market till 2022. The region is likely to account for more than 60% market share both in terms of revenue and volume, in 2022. This huge growth in female condom market is due to the rising popularity of female condoms and a decline in per unit price of these products.
A major reason for an expected high sale growth of female condoms in the European market is the favorable retail environment. The retail environment in the Western European countries is characterized by heavy discounts. In addition, end-users in these countries are known to have a high annual saving ratio. This higher saving translates itself into opportunities to buy premium high-priced female condoms. European customers, especially Germans and the British, realistically take advantage of retail discounting fueled by retailers’ destocking as they have cash to do so and are willing to pay more for innovative products that can add value to their experience.
About Beige Market Intelligence
Beige Market Intelligence is a provider of competitive business intelligence, working across various industry verticals. Our expertise and knowledge ensures that the market analysis Beige provides is comprehensive, detailed and complete. The analysis helps our client organizations become aware and to make educated decisions, as far as investing or devising a marketing strategy is concerned. The actionable insights delivered through our market research provide a comprehensive market analysis for every level of market segmentation in an industry.
Our team of experts ensure the analysis you receive is not just analyzed and presented, but can also be customized based on the client’s requirement. Our deliverables guarantee our current global client base to not look beyond Beige when it comes to competitive intelligence.
Beige has an employee base present across the globe. Our analysts come with numerous years of industry experience, which ensures we not only understand our clients but deliver high quality reports as well.
US: +1 347 903 9949
UK: +44 20 323 99499
APAC: +91 99 012 75473