Global Sexual Lubricant Market Growing at a CAGR of 8.74% during 2022-2028 - Arizton


Posted May 11, 2023 by Jessica_Shirley

Increasing Use Of Dating Apps In APAC Empowering the Market Demand

 
The ease of access to the internet and the convenience and comfort of shopping for sexual wellness products through online channels would enable the growth of a wide consumer base in developing countries. One of the major reasons for the growing demand for sexual lubricants can be associated with the rising demand for sex toys worldwide. End-users apply sexual lubricants to such toys to ease penetration. Further, factors such as increased openness; desire for quirky products and accessories; excitement, passion, and adventure; and heightened desire for experimentation drive the growth of the global sexual lubricant market. A trend observed in the market is the spike in the sale of sexual lubricants and other products during holidays based around romance, such as in February, as couples invest in gifts involving erotic lingerie, sex toys, sexual lubricants, and bondage gear.

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The penetration of dating apps has been rising rapidly in the Asia-Pacific (APAC) region in recent years and has likely contributed to the growth of the sexual lubricant market in several ways. This trend can be attributed to several factors, including the increasing popularity of smartphones and the internet and changing social attitudes towards online dating. Further, in countries such as India and China, the number of users of dating apps has increased significantly in recent years. This can be attributed to a growing middle class, a youthful population, and a rising level of education, as well as greater awareness of online dating and the increasing availability of dating apps.

Another factor contributing to the growth of dating apps in the APAC region is the cultural shift towards a more individualistic approach to relationships and marriage. Such reasons have led to a greater acceptance of online dating, and many young people turn to date apps to find romantic partners. The increasing acceptance of online dating and the growing popularity of dating apps in the region has led to a greater openness to sexual relationships and experimentation. This, in turn, has led to an increase in demand for personal lubricants as individuals seek to enhance their sexual experiences.
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Issued By Arizton Advisory & Intelligence
Country United States
Categories Advertising , Medical
Tags sexuallubricantmarket , healthandwellness , marketresearch , marketupdates
Last Updated May 11, 2023