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(Medical-NewsWire.com, August 27, 2016 ) Before 2002, condom was strictly controlled by the government as hygiene item, which resulted in its low capacity and limited market size. Since 2002, condom industry has developed fast for the Chinese government has lifted the restrictions on it. In 1995, the annual output of condom was only about 1 billion while in 2014 this figure surpassed 10 billion. By the end of 2014, the annual capacity of condom has exceeded 15 billion which not only meet the domestic demand but also are exported to such countries as Vietnam, South Africa, Britain and Russia and bring in an export value of over USD 120 million.
As a special product, condom market in China can be divided into two parts. On one hand, governments at all levels each year purchase over 1 billion condoms from 17 designated enterprises and distribute them to people free for family planning and protection from STD. Although the Chinese government purchases large amounts of condoms, the unit price was only CNY 0.15-0.5.
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On the other hand, competition in the commercial market of condom is quite fierce. There are hundreds of condom makers in China most of which order condoms from other makers or purchase imported ones and then sell them rather than produce by themselves. The unit price of condom is CNY 0.5-20 in 2015 and its market size in 2014 surpassed CNY 8 billion. As the profit margin in commercial market is large, many enterprises are vying for it.
As some Chinese consumers think that imported condom is better than domestic one, large amounts of condoms are imported into China each year from such countries as Malaysia, Japan and Thailand. In 2014, the import value of condom reached about USD 284 million and the trade deficit exceeded USD 160 million.
As there are hundreds of millions of sexually active population in China, the potential market of condom is huge. Since the 1980s, premarital sex and commercial sex have prospered in China, leading to a large demand for condom. Although the Chinese government puts a ban on commercial sex, it has begun to request such public places as night clubs and hotels to provide condoms so as to reduce the spread of STDs like AIDS for it is difficult to eliminate commercial sex.
With rising average income and requirement for life quality, the demand for condom quality and quantity will keep going up. Therefore China is a considerable market for international condom makers and brand enterprises.
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Readers can get at least the following information through this report:
-status of condom market in China
-competition in condom market
-government procurement of condom
-major condom enterprises in China
-condom import and export in China
-development trend of condom industry
The author suggests the following groups of people purchase this report:
-condom maker
-enterprise engaged in condom trade
-STD prevention organization
-NGO
-research institutions/investors interested in condom industry
Browse full report with TOC : https://marketreportscenter.com/reports/133466/research-report-on-china-condom-industry-2010-2019
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Sam Collins
Market Reports Center
Call us : 1-646-883-3044 (US)
Email : info@marketreportscenter.com
visit our website : https://marketreportscenter.com
Market Reports Center
Sam Collins
1-646-883-3044
sam@marketreportscenter.com
Source: EmailWire.Com 
Source: EmailWire.com
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