Report : South and Central America Sex Toys Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Metal, Silicone, Plastic, Glass, and Others); Gender (Male, and Female); Distribution Channel (E-Commerce, Specialty Stores, and Others)
At 6.7% CAGR, the South & Central America Sex Toys Market is speculated to be worth US$ 2,275.31 million by 2028, says Business Market Insights
According to the Insight Partners’ research, the South & Central America sex toys market was valued at US$ 1,446.57 million in 2021 and is expected to reach US$ 2,275.31 million by 2028, registering an annual growth rate of 6.7% from 2021 to 2028. Adventurous toys and sex toys for medicalization and sexual health promotion are the critical factors attributed to the South & Central America sex toys market expansion.
Sinclair predicts that there's going to be a boatload of adventurous sex toys hitting the market and making their way into bedrooms. For those who aren't concerned about distance with their partner or prefer to roll solo with their toys, then say hello to stainless steel. Stainless steel is a highly underused material that was long overdue for a facelift. There haven't been any new shapes or sizes introduced into this category for years and there were a lot of innovation possibilities. While most stainless-steel toys are all about internal stimulation (like the cult favorite Njoy Pure Wand), brands like Crave make buzzy stainless-steel toys as well. Regardless of which type one buys, stainless steel product belongs in every sex toy collection. Stainless steel toys are 100-percent body-safe, easy to sterilize, can be used with any lubricant, and are virtually unbreakable. What makes stainless steel so great is it provides a different sensation and has a lot of weight to them for those who like that extra full feeling. They're also perfect for temperature play because they hold hot and cold far longer than silicone toys. Sometimes getting a sex toy to hit all the right spots can be just as difficult as getting a new partner to do so. Luckily, a new breed of sex toys i.e., bendable ones is making it easier than ever. In 2020, people are looking for personalization no matter the style of the pleasure product. MysteryVibe saw so much success with their award-winning, bendable, flagship vibrator, Crescendo, (which provide stimulation for vulvas, penises, and more) that they decided to make another one. Their newest release, Poco, is a bendable bullet vibrator with just as much power as the larger Crescendo and comes with 16 different intensities and a playbook to inspire the perfect position for one’s body and/or partner's body. Unbound also makes a bendable toy—appropriately named Bender. Due to being in isolation people have become more open to trying new things than they are otherwise. An anal training kit specifically designed for beginners and the Cowgirl, a saddle-shaped sex machine that delivers over 1200rpm of powerful vibrations. The Cowgirl is for those who want to simulate riding a partner, with both penetration and thrusting using a variety of silicone attachments so there's something for everyone, no matter their stimulation preference. With a sense of adventure on the table, it might even be a time where people who have flirted with BDSM finally give it a whole-hearted try with toys such as floggers and rope for some very delectable binding and teasing.
On the contrary, harmful chemicals in sex toys hurdles the growth of South & Central America sex toys market.
Based on material, the South & Central America sex toys market is segmented into silicone, plastic, metal, glass, and others. The silicone segment held 40.5% share of the South & Central America sex toys market in 2021, amassing US$ 586.39 million. It is projected to garner US$ 949.77 million by 2028 to expand at 7.1% CAGR during 2021–2028.
Based on gender, the South & Central America sex toys market is bifurcated into female and male. The female segment held 62.0% share of the South & Central America sex toys market in 2021, amassing US$ 896.25 million. It is projected to garner US$ 1,396.87 million by 2028 to expand at 6.5% CAGR during 2022–2028.
Based on product, the South & Central America sex toys market is segmented into vibrators, dildos, anal toys, penis rings, BDSM toys, masturbation sleeves, sex dolls, clothing and others. The vibrators segment held 31.8% share of the South & Central America sex toys market in 2021, amassing US$ 459.98 million. It is projected to garner US$ 726.32 million by 2028 to expand at 6.8% CAGR during 2021–2028.
Based on distribution channel, the South & Central America sex toys market is segmented into e-commerce, specialty stores, and others. The e-commerce segment held 43.7% share of the South & Central America sex toys market in 2021, amassing US$ 632.58 million. It is projected to garner US$ 1,020.49 million by 2028 to expand at 7.1% CAGR during 2021–2028.
Based on country, the South & Central America sex toys market has been categorized into Brazil, Argentina, and the rest of South & Central America. Our regional analysis states that Brazil, captured 62.0% share of the South & Central America sex toys market in 2021. It was assessed at US$ 896.82 million in 2021 and is likely to hit US$ 1,447.80 million by 2028, exhibiting a CAGR of 7.1% during the forecast period.
Key players profiles in the South & Central America sex toys market report are LIFESTYLES HEALTHCARE PTE LTD; BMS Factory; TENGA Co., Ltd.; and Lovehoney Group Ltd., among others.
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