U.S. Sexual Wellness Market Growth & Trends
The U.S. sexual wellness market size is expected to reach USD 19.9 billion by 2030, expanding at a CAGR of 7.67% during the forecast period, based on a new report by Grand View Research. The market is expected to witness lucrative growth during the forecast period, owing to the growing acceptance of sexual exploration and acceptance of Lesbian, Gay, Bisexual, Transgender, and Queer (LGBTQ+) communities. Increasing concern about personal hygiene is also one of the factors driving the market. Easy use of online shopping and e-commerce has further facilitated sales as it delivers sexual wellness products discreetly.
The popularity of sex toys and vibrators has grown drastically in the past decade. Overcoming the social stigma associated with using vibrators and other toys, couples and individuals are focusing more on enhancing physical pleasure and are using sex toys for enjoying an intimate relationship. Sex toy manufacturers have generally targeted women for manufacturing toys around the female anatomy. Different types of products are available in the market for women to enhance sexual experiences such as vibrators, penetrating toys, and nipple clamps.
Despite past reservations, high-tech sex toys such as smart vibrators or Bluetooth-enabled devices are in high demand, especially among women. The public health response to COVID-19 has placed unprecedented restrictions on social contact, which is leading to people opting for self-care devices for sexual pleasure. Solo sex is the key factor driving the market. Moreover, this practice is well within the current health guidelines. As a result, people are using technology to enhance their sex life.
U.S. Sexual Wellness Market Report Highlights
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook