Report : Asia Pacific 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 8.1% CAGR, the Asia Pacific Sex Toys Market is speculated to be worth US$ 12,718.60 million by 2028, says Business Market Insights

According to the Insight Partners’ research, the Asia Pacific sex toys market was valued at US$ 7,367.07 million in 2021 and is expected to reach US$ 12,718.60 million by 2028, registering a CAGR of 8.1% from 2021 to 2028. Increasing Adoption of technology in sex toys and app-enabled distance toys and bluetooth-powered toys are the critical factors attributed to the Asia Pacific sex toys market expansion.

The sex toy manufacturers are focusing on the use of technology to enhance the capabilities of sex toys. Increasing utilization of motors and batteries to simulate human environment, preference for touch-based interfaces, virtual reality and brain computer interfacing, artificial intelligence for response and control, and focus on development of stretchable skins are among the technologies adopted by the manufacturers to promote and enhance the performance of the products. Growing number of product launches in the market are actively bringing new technologies and awareness about it amongst population. In January 2020, OhMiBod launched blueMotion NEX|3, a Bluetooth-enabled and application controlled vibrating rings for couples. This new functionality enables users to listen music on their mobiles while enjoying the rhythm and beat of songs through their vibrator. Moreover, in August 2018, Kiiroo launched bi-directional teledildonic platform. This newly launched system enables partners to give sexual pleasure even from remote locations.

On the contrary, harmful chemicals in sex toys hurdles the growth of Asia Pacific sex toys market.

Based on material, the Asia Pacific sex toys market is segmented into silicone, plastic, metal, glass, and others. The silicone segment held 40.3% share of the Asia Pacific sex toys market in 2021, amassing US$ 2,965.49 million. It is projected to garner US$ 5,270.15 million by 2028 to expand at 8.6% CAGR during 2021–2028.

Based on gender, the Asia Pacific sex toys market is bifurcated into female and male. The female segment held 61.8% share of the Asia Pacific sex toys market in 2021, amassing US$ 4,553.37 million. It is projected to garner US$ 7,788.10 million by 2028 to expand at 8.0% CAGR during 2021–2028.

Based on product, the Asia Pacific 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 Asia Pacific sex toys market in 2021, amassing US$ 2,341.82 million. It is projected to garner US$ 4,062.57 million by 2028 to expand at 8.2% CAGR during 2021–2028.

Based on distribution channel, the Asia Pacific sex toys market is segmented into e-commerce, specialty stores, and others. The e-commerce segment held 44.3% share of the Asia Pacific sex toys market in 2021, amassing US$ 3,267.09 million. It is projected to garner US$ 5,787.94 million by 2028 to expand at 8.5% CAGR during 2021–2028.

Based on country, the Asia Pacific sex toys market has been categorized into China, Japan, India, Australia, South Korea, the rest of Asia Pacific. Our regional analysis states that the China, captured 28.9% share of the Asia Pacific sex toys market in 2021. It was assessed at US$ 2,132.07 million in 2021 and is likely to hit US$ 3,786.53 million by 2028, exhibiting a CAGR of 8.6% during the forecast period.

Key players profiles in the Asia Pacific sex toys market report are BMS Factory; LIFESTYLES HEALTHCARE PTE LTD; Lovehoney Group Ltd.; TENGA Co., Ltd.; and WOW Tech International GmbH among others.

  • Feb-2021, The “TENGA ROCKET PROJECT” is a project wherein TENGA will be funding the launch of IST’s ballistic observation rocket “MOMO”, alongside the sale of multiple cross-collaboration items as part of a larger launch promotion to be sold on TENGA’s Japanese E-commerce and multiple pop-up shops across Japan.
  • Apr-2020, The TENGA FLIP ORB Series has been awarded the Red Dot Design Award for Product Design 2020.

Contact Us
Contact Person: Sameer Joshi
Phone: +1- 646- 491- 9876
Email id: sam@businessmarketinsights.com

Download Free PDF Brochure