Global Adult Store Market to Grow at a CAGR of 5.68% During the Period 2016-2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Adult Store Market 2016 - 2020” research report to their website www.MarketResearchReports.com

Logo

Lewes, DE -- (SBWire) -- 10/25/2016 --Report forecast the global adult store market to grow at a CAGR of 5.68% during the period 2016-2020.

Adult stores generally refer to retail outlets that are involved in the business of providing a wide range of products such as sex toys, personal lubricants, and erotic lingerie under broad categories such as clothing and pornography. These are sexual stimulation products available in different types, sizes, and colors and are used to augment pleasure.

The report covers the present scenario and the growth prospects of the global adult store market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of sex toys, personal lubricants, and erotic lingerie from distribution channels.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, rise in disposable income will be a key driver for market growth. Per capita disposable income exhibits low volatility in the case of developed countries because of a higher number of double-income households. Disposable income is increasing globally, especially at a faster rate in Pacific Rim countries such as India, Malaysia, Indonesia, and Vietnam. This has directly boosted the consumer's purchasing power and the number of women working has increased consumption of sex toys such as vibrators and dildos sold through both channels of distribution, namely online and retail outlets, globally to meet their sexual desires.

Further, the report states that sexual wellness products, especially sex toys, are perceived as vulgar and risqué. The taboos associated with these products have prevented vendors from venturing into this space. Societal norms related to intimacy are discouraging consumers from openly buying these products, which is the biggest challenge for the market. A large number of consumers perceive adult games, erotic lingerie, lubricants, toys, and even contraceptives as immoral and inappropriate. Vendors need to find a strategy to sell these products that fits in with the consumer mentality and promote them as those that would help to lead healthy sex lives. Vendors are thus likely to invest in aggressive marketing in order to reach a wider audience, raise awareness, and do away with pre-conceived notions and inhibitions related to social norms. Thus, societal inhibitions still remain the biggest challenge affecting the growth of the market during the forecast period.

Global Adult Store Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global adult store market: Church & Dwight, Doc Johnson, LELO, Pleasure Chest, and Reckitt Benckiser.

Other Prominent Vendors in the market are: Adam & Eve, Adultshop, Aneros, Bad Dragon, Beate Uhse, Bijoux Indiscrets, Cliq, Club X, Crystal Delights, Diamond products, Digital E-Life, Eve's Garden, Fun Factory, Happy Valley, Imbesharam, Impish Lee, Lovehoney, Suki, Tantus, and Tenga.

Market driver
- Rise in disposable income
- For a full, detailed list, view our report

Market challenge
- Intense competition among leading vendors
- For a full, detailed list, view our report

Market trend
- Rapid growth of e-commerce
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 83 pages and 47 Exhibits "Global Adult Store Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by distribution channel, Market segmentation by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Buying criteria, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-adult-store-market-2016-2020

Related Reports;

Global Fantasy Sports Market 2016-2020 - Visit at - http://www.marketresearchreports.com/technavio/global-fantasy-sports-market-2016-2020

Global Tightening Cream Market 2016-2020 - Visit at - http://www.marketresearchreports.com/technavio/global-tightening-cream-market-2016-2020

About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions

Media Relations Contact

Sudeep Chakravarty
Director - Operations
Market Research Reports, Inc.
302-703-7787
http://www.marketresearchreports.com/technavio/global-adult-store-market-2016-2020

View this press release online at: http://rwire.com/735627