North America Sex Toys Market Report 2021: Market to Reach $24.92 Bn by 2027 - Changing Perspectives of Customers Toward Utilization of Sex Toys and Increasing Number of Online Sex Toys Retailers
June 02, 2021 04:28 ET
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The North America sex toys market is anticipated to reach US$ 24,920.3 million by 2027 from US$ 13,476.8 million in 2019. The market is projected to grow at a CAGR of 8.0% from 2020 to 2027.
The sex toys market in North America is growing primarily due to the changing perspectives 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 hamper the market growth.