Advancements
in medicine along with rising
awareness about sexual health to drive global contraceptive pills
market through 2024
According to
TechSci Research report, “Global Contraceptive
Pills Market By Pill Type, By Category, By Sales Channel, By
Region, Competition, Forecast & Opportunities, 2024”,
global
contraceptive pills market is projected to grow at a CAGR of over 7% during
2019-2024, on the back of rising need for population control. Moreover, changing
lifestyle and rapidly melting social, religious and ethical barriers are further
leading to a significant surge in the uptake of contraceptive pills globally. In
terms of sales channel, contraceptive pills market is categorized into offline
and online, of which offline accounted for a significant portion of global
contraceptive pills market in 2018. Online sales channel is anticipated to be
the smallest category owing to time constraint associated with it. Time constraint
associated with intake of ‘morning after pills’ is a major factor hindering the
growth of online sales channel.
Browse xx market data Tables and
xx Figures spread through xx Pages and an in-depth TOC on
"Global Contraceptive Pills
Market"
Asia-Pacific contraceptive
pills market is anticipated to emerge as a promising regional market in terms
of new growth opportunities. The growth of the segment is led by factors such
as increasing awareness regarding the need for contraceptives for birth control,
high population and easy availability of contraceptives as a convenient way of
birth control. Among countries, China was one of the largest markets for
contraceptive pills in 2018. China is the world’s most populated country, with
a population of 1.38 billion. Voluntary family planning has been widely adopted
throughout the country with the efforts of the government. The initiatives
taken by the governments towards family planning and easy access to
contraceptives such as emergency contraceptive pills have increased their
popularity among women in China for preventing pregnancy-related health risks,
unsafe abortion, and adolescent pregnancies.
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“Global contraceptive pills market is anticipated to register
a steady growth over the course of next five years. Factors like increasing prevalence
of unwanted pregnancies, easy availability of contraceptives pills and their
low cost are positively influencing global contraceptive pills market. Moreover,
rising efforts of governments to increase awareness regarding contraceptives is
further anticipated to steer growth in the market over the coming years.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global Contraceptive
Pills Market By Pill Type, By Category, By Sales Channel, By Region,
Competition, Forecast & Opportunities, 2024”, has evaluated the future growth
potential of global contraceptive pills market and provides statistics and
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and
opportunities in global contraceptive pills market.
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