The global Personal Lubricants Market was valued at USD 1.48 billion in 2023, projected to reach USD 3.41 billion by 2032, with a CAGR of 9.66%. The U.S. market was worth USD 0.45 billion in 2023, expected to grow to USD 1.01 billion by 2032, with a CAGR of 9.41%.

Increasing awareness on sexual wellness, acceptance of personal lubricants, and e-commerce expansion are driving market growth. Consumers are seeking natural, organic, and water-based options for health-conscious choices.

Water-based lubricants dominated the market in 2023, with a 54.12% share, favored for their safety, user-friendliness, and skin-friendly properties. E-commerce emerged as the top distribution channel, holding a 76.41% share in 2023.

North America led the market in 2023, driven by strong awareness and innovation, while Asia Pacific is the fastest-growing region with a 10.26% CAGR. Key players include Reckitt Benckiser, Church & Dwight, Johnson & Johnson, and Lovehoney Group.

Recent developments include private-label launches by e-commerce retailers, CBD-infused formulations, and FDA approvals for medical devices. Statistical insights show a 42% usage rate among U.S. consumers aged 25-44 and a projected doubling of Asia-Pacific sales by 2032. The Personal Lubricants Market is segmented by type (water-based, silicone-based, oil-based), distribution channel (e-commerce, drug stores, others), and end use. The market size is projected to reach US$ 3.41 billion by 2032 with a CAGR of 9.66% from 2024 to 2032. Regional analysis includes North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. For more details, access the full report at https://www.snsinsider.com/reports/personal-lubricants-market-6757. Contact [email protected] for customization requests. SNS Insider offers market research and consulting services globally to provide clients with accurate data and insights for informed decision-making.

Read more at GlobeNewswire: Personal Lubricants Market to Surpass USD 3.41 Billion by