Global Adult Vibrator Market to Grow 15% by 2020 - Owing to Increasing Popularity of Vibrators for Therapeutic Use - Research and Markets

DUBLIN, October 27, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Adult Vibrator Market 2016-2020" report to their offering.

The report forecasts the global adult vibrator market to grow at a CAGR of 15.29% during the period 2016-2020. 

One of latest trends in the market is growing popularity of vibrators for therapeutic purpose. Several women experience vaginal dryness and changes in firmness and elasticity of the vaginal muscles, as well as an imbalance in hormonal levels that affect vaginal moisture. Women are likely to experience a loss of firmness in their vaginal walls due to stretching of muscles as a result of aging, giving birth, and hormonal changes. This may lead to reduced levels of pleasure during intercourse, resulting in sexual dissatisfaction. With advances in technologies, healthy skin can be retained even in late ages. Doctors suggest individuals use sex toys such as genital vibrators for therapeutic purpose as they help in relaxing the vaginal muscles. Most of the chemists in several countries in Europe provide sex toys on doctor's prescription.

According to the report, one of the primary drivers in the market is proliferation of strategic initiatives. The innovation of sexual wellness products such as vibrators is the key to the growth of the market. Several vendors are entering into strategic alliances and investing in R&D for innovation of their products. Strategic alliances have resulted in better financial stability to develop the latest products with enhanced efficiency, safety, and protection. These strategic decisions help companies generate revenue and acquire a significant share in the market by taking advantage of the customer base, technology, financial capability, and R&D capabilities of their partners to strongly establish their presence in the market.

Further, the report states that one major challenge in the market is taboo in cultures and national laws.

Key vendors:

• BMS Factory
• California Exotic
• Church & Dwight
• LELO
• Reckitt Benckiser
• Standard Innovation (We-Vibe)
  

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by distribution channel

PART 07: Market segmentation by product

PART 08: Geographical segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Key vendor analysis

PART 16: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/8kqzj7/global_adult

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