(PharmaNewsWire.Com, February 20, 2024 ) As per Maximize Market research, the Japan Contraceptive Devices Market was USD 845 Million in 2023 and is expected to grow at a CAGR of 7.5 percent over the forecast period to reach USD 1401.9 Million by 2030.
Japan Contraceptive Devices Market Report Scope and Research Methodology
The Japan Contraceptive Devices Market Report investigates the current landscape, trends, and future projections within the contraceptive devices sector in Japan. Utilizing a comprehensive research methodology, the report encompasses primary and secondary data sources, market analysis, and expert insights. Market engineering was conducted following bottom-approach and validated using a top down approach to ensure maximum accuracy.
The demand for Contraceptive Devices in Japan has increased due to the changing lifestyle such as delayed marriages, prioritizing careers, urbanization, etc. are significant drivers of the market. Individuals are seeking long-term, adaptable, and convenient contraceptive options to support career-oriented lifestyles and delay family planning.
Japan Contraceptive Devices Market Segment Analysis
The Condoms segment dominated the market share in the year 2023 and is expected to grow at 7.8% CAGR. The segment is driven by the shift towards textured and flavored condoms for enhanced pleasure which is expected to be the major factor driving the segment's growth. The major market players dominating the condom segments are Okamoto and LION.
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