Condom Alliance seeks to help wilting male contraceptive market rise from stagnation
Condom sales in India have stagnated at a CAGR of 1 percent in recent years. Industry executives say COVID-19 made matters worse, with sales falling approximately 40% during the lockdown. HLL Lifecare, PSI India Private Limited, Raymond Group, TTK Healthcare and Reckitt Benckiser are now coordinating their actions to promote greater condom usage and revive the market.
February 04, 2021 / 04:54 PM IST
A volunteer (R) from a non-governmental organisation (NGO) distributes free condoms to villagers during an AIDS awareness campaign on the outskirts of Agartala, India, November 6, 2015. India provides free condoms under its community-based AIDS prevention programme that targets high-risk groups like sex workers. That strategy, the World Bank estimates, helped avert 3 million HIV infections between 1995 and 2015. But government data released last week showed about two-thirds of India's 31 state AIDS units had less than a month's supply of condoms. Some states only have enough for a few days. REUTERS/Jayanta Dey