Global Market Size of Sex Toys is Expected to Reach $80.7 Billion US Dollars
With the increasing attention of people's demand for sexual life and personalization globally, the adult sex products market has ushered in unprecedented development opportunities. According to the "2024 Adult Sexual Products Market Insight Report" released by large cross -border cross -border, the adult sex products market is growing at an amazing speed. It is expected that from 2019 to 2026, the global market size will increase from about 27.17 billion US dollars to US $ 52.7 billion, and it is expected to reach $ 80.7 billion by 2030. According to data from Business Research, from 2021-2031, the annual compound annual growth rate of the global toy market is expected to be 8.2%.
E -commerce platforms have become the main channel for consumers to buy sex products. Data show that online channels accounted for 63.09%of the global market share. In addition, from 2022 to 2027, the online sales of sex products will grow at a compound annual growth rate of 12.45%, and the market size is expected to reach about $ 13.4 billion.
It is understood that JD.com is a large GMV e -commerce platform in the global pornographic and adult market. In 2023, the platform generated about $ 10.3652 billion in adult products GMV. The second and second Asias were Taobao and Amazon, with GMVs of US $ 5.5041 billion and $ 1.4314 billion, respectively.
In terms of consumer groups, young people aged 27 to 42 are the main consumers of sex products. Taking the United States as an example, about 86%of the adults of this age have at least one sex toy. In addition, female consumers occupy a dominant position in the sexual market. In 2022, the female consumer market share reached 59.56%, and it is expected that from 2023 to 2030, it will continue to grow with a compound annual growth rate of 6.8%.
The vibrator is the category of sexy products that are most popular with consumers, and about 47%of Americans say they have such products. On the purchase channel, adult products monopoly websites have become the first choice for consumers, and about 55%of consumers will choose such websites for shopping.
The survey shows that about 24%of the main reasons for consumers do not buy sex products is that they are embarrassed by having such products. In addition, religious and political factors will also affect consumers' purchase. 60%of the millennials said that if they provide cautious and anonymous packaging, they will increase their possibility of buying a sex products brand.
North America and Europe are the two major areas of the adult sex products market. The North American market is expected to increase with a compound annual growth rate of 7.91%, and the market size will reach $ 20 billion by 2030. The European market also shows a strong growth momentum, and it is expected that the market size will reach 16.4 billion US dollars by 2030.
Data show that the awakening of women's consciousness is expanding the sex products market. More female consumers have begun to accept the consumption concept of "Yue Ji", which has increased the market rapidly, and the development of the e -commerce platform provides convenience for sex products to provide convenience to conveniently supplies. Sales channels meet people's emphasis on privacy protection, and further promote market growth.
China accounts for an important position in the global adult sex products market, and 70%of adults in the world are produced in China. With the advantages of strong manufacturing and supply chain, Chinese sellers, as well as innovative capabilities in technological fields such as intelligent hardware and the Internet of Things, have provided global consumers with high -quality and price competitive products.
Although the market prospects are broad, the adult sex products market also faces some challenges, including market awareness issues, regulations restrictions, marketing restrictions, and product quality and design challenges. In order to cope with these challenges, enterprises need to continuously innovate product types, emphasize brand identity, and pay attention to the environmental safety and safety of the product.