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The shift towards regulation highlights the growing popularity, booming market, and dwindling stigma of sex toys. The global sex adult toys market size was estimated at USD 35.2 billion in 2023 and is expected to reach USD 38.0 billion in 2024. Brazil, Mexico, Chile, Argentina, and Colombia have a major share of the Latin America market. A rise in disposable income and awareness of sexual health are some of the primary factors expected to boost the demand for sex toys in Latin America.
Even if you're new to bondage and restraints, you're sure to find something exciting to get you started. There really are no limits to the fun you can have with sex toys. Whether you're into hardcore sex or romantic intimacy, you can never be over-prepared to make your evening of sexual exploration as fun and exciting as it can be. The global sex toys market is expected to grow at a compound annual growth rate of 8.69% from 2024 to 2030 to reach USD 62.7 billion by 2030. These companies collectively hold the largest market share and dictate industry trends. The Rabbit Pearl, Pyrex Glass Dildos, the magic wand vibrator, and the love swing suddenly came into vogue.
The vibrators segment dominated the market with a revenue share of 22.48% in 2023 and is expected to witness the fastest growth over the forecast period. This can be attributed to the integration of technology into existing products to provide new experiences to users. For instance, vibrators with a wand on one side &