Core Insights - The condom industry in China is experiencing a shift from "incremental competition" to "stock competition," with overall production declining after years of rapid growth [3][9] - China is the largest producer and consumer of condoms globally, with a significant market size [3][11] Industry Overview - Condoms are a common barrier contraceptive method, also preventing the transmission of sexually transmitted diseases (STDs) [2][3] - The market size for condoms in China is projected to be 16.848 billion yuan in 2024, a decrease of 1.636 billion yuan from 2023 [3] Production and Demand Statistics - In 2024, China's condom production is expected to be 7.846 billion units, a reduction of 949 million units from 2023 [3] - The demand for condoms in 2024 is projected to be 7.264 billion units, down by 945 million units from the previous year [3] Market Trends - The online sales channel for condoms is dominant, accounting for 71.2% of the market in 2024, with an expected increase to 71.76% in 2025 [7] - The industry is expected to see gradual improvement in 2025, with production estimated at 8.074 billion units and a market size of approximately 17.562 billion yuan [3] Competitive Landscape - The Chinese condom market is highly competitive, with significant market concentration among international brands like Durex and Okamoto, which dominate the high-end segment [9] - Local brands, such as Jissbon, also hold substantial market share, contributing to a multi-tiered competitive environment [9] Industry Development Trends - The future direction of the condom industry includes a focus on smart personalization and sustainable practices, driven by increasing health awareness and consumption upgrades [11]