New York, According to a new market research report published by Global Insight Services “Sex Toys Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A sex toy is an object or device that is primarily used to facilitate human sexual pleasure. Sex toys are designed to resemble human genitals and are often used as a substitute for real-life partners. Some sex toys are designed to stimulate the user’s genitals directly, while others are designed to stimulate other parts of the body, such as the nipples or anus.
The use of sex toys dates back to ancient times, when early humans used phallus-shaped objects to stimulate their genitals. In more recent history, sex toys have been used by both men and women to enhance their sexual experiences. Today, sex toys are widely available and are used by people of all genders and sexual orientations.
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Key Trends
In the past few years, there have been some key trends in the sex toys market. One of the most notable trends has been the increasing popularity of so-called smart sex toys. These are sex toys that can be controlled via an app on a smartphone or other device. This allows users to customize their experience and even share control with a partner.
Another key trend has been the increasing availability of high-quality, realistic sex dolls. These dolls can be extremely lifelike, and some even come with artificial intelligence that allows them to interact with their owners. This trend has been driven in part by the increasing acceptance of sex dolls in society, as well as the declining cost of manufacturing them.
Key Drivers
Some of the key drivers of the sex toys market include the increasing acceptance of sexual toys and products, the availability of a wide range of products, the increasing affordability of sex toys, and the growing popularity of online shopping.
The increasing acceptance of sexual toys and products is one of the key drivers of the sex toys market. In the past, sex toys were considered to be taboo and were not openly discussed. However, this is changing with the increasing acceptance of sexual toys and products. This is especially true among millennials who are more open to exploring their sexuality.
Market Segments
Gender
- Female
- Male
By Distribution Channel
- Online
- Specialty Stores
Key Players
- Lovehoney
- Adam & Eve
- LELO
- We-Vibe
- Jimmyjane
- Fun Factory
- Lelo
- Bijoux Indiscrets
- Shiri Zinn
- OhMiBod
- Happy Rabbit
- Rocks-Off
- Bondara
- Ann Summers
- Lovehoney
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Reasons to buy Sex Toys Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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