What Is Worth Selling for Export E-commerce: 7% of Adult Sex Toys Are Produced in China

According to recent reports from foreign media, according to Technavio’s latest report, global adult sex toys for couples will reach 29 billion US dollars by 2020, with a compound annual growth rate of nearly 7%.

Amber Chourasia, an analyst at Technavio’s Institute of Health, said: “There are several reasons for the steady growth of global adult sex toys, such as the idea of becoming more open, pursuing stimuli and risk-taking, trying to experiment with new products and improving the experience, which are factors that contribute to global market growth. ”

This report analyzes the markets in Asia Pacific, Europe, North America and the rest of the world. The following are details:

Asia Pacific: Personal income growth promotes market growth.

The adult sex toy market in the Asia-Pacific region is expected to reach $13.4 billion by 2020, with a compound annual growth rate of over 7%. The Asia Pacific region contributes the most sales, with China and Japan being the largest markets. The Indian market is also growing rapidly, and consumer spending on adult sex toys has increased.

It is reported that 7% of the world’s adult sex toys are made in China. Because Chinese consumers’ acceptance of adult sex toys has increased, many small shops in Chinese cities now sell sex toys for adults. In 2010, 90% of adults in China said they could accept adult sex toys, and this proportion will continue to grow in the future.

The increase in disposable income is a factor that drives consumers to buy high-end adult sex toys. “With the increase in disposable income and the increasing popularity of adult sex toys, markets such as Indonesia, Vietnam and Thailand are experiencing rapid growth,” Amber said.

Europe: The emergence of organic and high-end products drives market development.

The European adult sex toy market is expected to reach $7.7 billion by 2020, with a compound annual growth rate of over 7%. The European adult sex toy market is growing rapidly.

North America: Pursuing new experiences will stimulate demand for products.

The adult toy market in North America is expected to reach $6 billion by 2020, with a compound annual growth rate of nearly 7%. The adult toy market in North America is growing rapidly, and the demand for adult sex toys by older women and partners is driving sales growth. Retailers have also launched a product line specifically for sexual health and wellness. The US has a large market share and Canada’s demand is strong.

Other regions: The gradual westernization of lifestyles has promoted market development.

The adult toy market in other regions is expected to exceed $1.9 billion by 2020, with a compound annual growth rate of more than 4%. Other regions include Latin America, the Middle East and Africa. The lifestyle of the population in these areas has gradually become westernized, and the use rate of related products such as adult sex toys has increased, so sales have begun to increase.

Brazil is the largest adult sex toy market in Latin America, mainly because of the increased awareness of adult sex toys among Brazilian consumers and the increase in products.

At present, many countries in these regions do not allow commercial sale of adult sex toys, plus bans and strict customs inspections, so the adult sex toy market faces certain challenges. Africa has a small market share because of its low disposable income. However, the coverage of these products has increased significantly in some countries, such as South Africa.