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NEW YORK, May 10, 2021 /PRNewswire/ --
The global adult stores market is set to grow by USD 9.71 billion during 2021-2025, registering a CAGR of almost 8%. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Adult Stores Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ansell Ltd., Church & Dwight Co. Inc., Doc Johnson Enterprises, LELOi AB, Luvu Brands Inc., Reckitt Benckiser Group Plc, Tantus Inc., TENGA Co. Ltd., The Aneros Co., and WOW Tech International GmbH are some of the major market participants. The growing acceptance of sexual wellness products will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.