South and Central America Sex Toys Market Segments and Growth by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

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)

Report Date : Jun 2021
Report Code : TIPRE00023039

Category : Consumer Goods
Status : Published

Available Report Formats :
No. of Pages : 94

Page Updated: Nov 2023

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The sex toys market in South and Central America is expected to grow from US$ 1,446.6 million in 2021 to US$ 2,275.3 million by 2028; it is estimated to grow at a CAGR of 6.7% from 2021 to 2028.

Rising demand and adoption of sex toys is proactively attracting massive investments to consolidate manufacturing and sales channels. Moreover, companies are focusing on the development of advanced products with enhanced capabilities. In February 2021, Dame Products raised around US$ 4.0 million through the rounds of series funding. With the help of this financial resources, the company is planning to expand its team and R&D capabilities. In May 2019, Bend, considerable player in sex toys market, announced the investment of US$ 2.0 million for its robotic sex toy. With this funding, the company announced the new product development and strengthening of customer reach. Such financial activities are projected to fuel the growth of the market during the forecast period.

South and Central America have been witnessing a growing number of COVID-19 cases since its outbreak. For instance, according to Worldometer, the number of cases has reached around 25.1 million with 0.7 million deaths reported in South America as of May 2, 2021. The cases are increasing in Brazil, Argentina, Colombia. The COVID-19 is expected to result in the region's worst recession, causing a 9.1% contraction in regional GDP in 2020. The lockdown condition helps to boost the sales of adult toys in the South and Central America region. According to research study by LovetheSales.com, Brazil, South America's most populous nation, has seen the greatest rise in global demand for bedroom toys. This April, Brazilians searched for X-rated goods 126% more than previous year April 2019. During a pandemic, such high internet traffic for purchasing sex products through the online channel helps the market expand.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the sex toys market. The South and Central America sex toys market is expected to grow at a good CAGR during the forecast period.

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South and Central America Sex Toys Market Segmentation

By Material

Metal
Silicone
Plastic
Glass
Others

By Gender

Male
Female

By Distribution Channel

E-Commerce
Specialty Stores
Others

By Country

South and Central America
- Brazil
- Argentina
- Rest of South and Central America

Companies Mentioned

Lovehoney Group Ltd.
BMS Factory
TENGA Co., Ltd.

South and Central America Sex Toys Report Scope

Report Attribute	Details
Market size in 2021	US$ 1,446.6 Million
Market Size by 2028	US$ 2,275.3 Million
Global CAGR (2021 - 2028)	6.7%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Material Metal Silicone Plastic Glass By Gender Male Female By Distribution Channel E-Commerce Specialty Stores
Regions and Countries Covered	South and Central America Brazil Argentina Rest of South and Central America
Market leaders and key company profiles	Lovehoney Group Ltd. BMS Factory TENGA Co., Ltd.

Research Manager

Habi Ummer

Manager,
Market Research & Consulting

Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

What are the South and Central America Sex Toys Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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