Trojan parent Church & Dwight said in its February 2020 annual filing that “condom usage has declined, as a result of a lower 18 to 24-year old population, alternate birth control options, less fear of HIV, less sex acts and increased competition.” Sales dropped 2.4% in 2017 and 3.4% in 2018 before ticking up 1.2% in 2019, according to IRI data. On Thursday, CEO Matt Farrell told analysts that condoms “are expected to deliver year-over-year growth as society opens up and consumers have greater mobility.”Įven before the pandemic, condom sales had been sluggish. Eighteen-to 24-year-olds can’t wait to get their social lives back,” said chief marketing officer Britta Bomhard. “An even more eagerly awaited bounce back of sales is in the condom category as condoms mean pleasure. A spokesperson for CVS called the growth “substantial” in an email, but did not provide data.Ĭhurch & Dwight, the maker of Trojan condoms, said in January that this year looked “promising” for condom sales. Walgreens and CVS also said condom sales have grown at stores in recent weeks compared with a year ago. The company was seeing “improvements for Durex in markets where social restrictions are being eased,” CEO Laxman Narasimhan told analysts Wednesday. The company does not break out specific figures for Durex, but it attributed recent growth to relaxed social distancing rules. Durex sales grew last year, despite a “challenging first half of the year,” and sales were flat in 2019. Reckitt Benckiser, the maker of Durex condoms, said Wednesday that Durex logged a double digit percentage sales increase during the company’s latest quarter compared with the same quarter last year. That’s after a 4.4% drop in all of 2020, according to IRI. Male condom sales in the United States increased 23.4% to $37 million during the four weeks ending April 18 compared with the same stretch a year ago, according to the latest figures from IRI, a market research firm that tracks point-of-sale data at big box retailers, grocery stores, drug stores and other retail channels. But now, as more Americans are getting vaccinated and Covid-19 safety restrictions are loosening, condom makers are no longer having trouble getting their sales up. Business & Finance Click to expand menu.Ĭondom sales have been in a slump during the pandemic as people sheltered at home and put their sex life on hold.So, get ready to find and buy all your desirable products from your best-loved brands on Ubuy. Searching for your preferred products and brands across towns and cities may not be necessary for this modern technological era since your products are just one click away.
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