By region, the study segments the market into North America, Europe, Asia-Pacific, and Rest of the World. . North America accounted for a market size of USD 558.34 million in 2022 and is expected to exhibit an 9.55% CAGR during the study period. This is attributed to the increasing prevalence of erectile dysfunction. For instance, according to the National Institute of Health ED affects around 30 million men in the US every year. Moreover, another factor driving the sexual lubricant market is the presence of many manufacturers and retailers, allowing for simple product access.
Because there is less social stigma associated with sexual products and because they are readily available at supermarket chains and online retailers, personal lubricants are becoming more and more popular in the area. In the United States, personal lubricants are categorized as Class II medical devices and need medical device 510(k) clearance. In addition, Moreover, the rising strategic partnerships and increasing investments by major players in the market are also expected to foster North America’s market growth
Further, the major countries studied are: The US, Canada, Brazil, Germany, France, the UK, Italy, Spain, China, India, Japan, South Korea, Australia.
FIGURE 3: Sexual Lubricants Market, By Region, 2022 & 2032 (USD Million)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review
Europe accounts for the second-largest market share due to the comfort of online shopping and e-commerce and the increased awareness & presence of a large number of manufacturers and retailers providing easy access to products driving the demand for these products. In addition, growing healthcare expenditure is also expected to support the growth of the market. Accessibility to lubricants, growing healthcare expenditure, and manufacturers concentrating on raising awareness about the treatment of vaginal dryness, which can cause skin irritation and abrasions that increase vulnerability to STIs are likely to drive the growth of the regional market during the study period.
Furthermore, the Germany Sexual Lubricants Market held the largest market share in 2022 and Rest of Europe Sexual Lubricants Market is the fastest growing market in the Europe region.
Asia-Pacific is anticipated to register the highest growth rate over the forecast period. This is due to the factors such as expanding regional manufacturing and exports as well as rising demand for personal lubricants in nations like Thailand, India, Australia, and Japan. A number of new businesses are entering the market to meet the demand for distinctive, secure, and efficient personal lubricants. For instance, in January 2022, the domestic personal lubricant brand Figr was introduced in Melbourne by providing products that are pH-balanced, toy-friendly, and made with native Australian extracts, the brand is aiming to attract Australian customers.