North America Sex Toys Market is expected to reach US$ 24,920.3 Mn by 2027

PRESS RELEASE BY The Insight Partners 31 Mar 2021

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Silicone Segment to Register Highest CAGR During Forecast Period

According to The Insight Partners market research study of “North America Sex Toys Market to 2027 - Regional Analysis and Forecasts by Material, Gender, Distribution, and Country,” the North America sex toys market is projected to reach US$ 24,920.3 million by 2027 from US$ 14,504.7 million in 2019. The market is estimated to grow at CAGR of 8.0% from 2020 to 2027. The report highlights trends prevailing in the North America sex toys market and the factors driving market along with those that act as hindrances.

The North America sex toys market, based on material, is segmented as silicone, plastic, metal, glass, and others. In 2019, the silicone segment held largest share in the market, also, the same segment is register higher CAGR during the forecast period.

The North America sex toys market is prominently driven by changing perception of customers toward utilization of sex toys and increasing number of online sex toys retailers. However, increased risk of adverse effects of harmful chemicals in sex toys is likely to have a negative impact on market growth.

The market witnessed significant rise during the time of coronavirus pandemic. Complete shut downs and online availability of the products played a prominent role in increased demand for sex toys in the region. Moreover, devoid of sexual activities due to social distancing policies also offered a positive environment for the use of sex toys in North America.  

Leading companies operating in the North America sex toys market are Crave, Lovehoney Group Ltd., BMS Factory, TENGA Co., Ltd., FUN FACTORY GmbH, WOW Tech International GmbH, LELO, LIFESTYLES HEALTHCARE PTE LTD, and UNBOUND among others.

The report segments North America Sex Toys Market as follows:

By Material

  • Silicone
  • Plastic
  • Metal
  • Glass
  • Others

By Gender

  • Male
  • Female

By Distribution

  • E-commerce
  • Specialty Stores
  • Others

By Country

  • US
  • Canada
  • Mexico

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