![]() ![]() Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account Men who were unemployed, had part-time employment or lower incomes were more likely to be sexually inactive, researchers found, noting that the percentage of sexually inactive 18- to 24 year-old men increased from 18.9% between 20 to 30.9% between 20. The researchers attributed young Americans having less sex to a variety of factors, including delayed adulthood and the rise of technology and social media. Sexual inactivity increased among US adults, predominantly younger men, between 20, according to a study by researchers from Indiana University and Sweden’s Karolinska Institutet published in JAMA Network Open medical journal. Kevin Grundy, a consumer goods analyst at Jefferies, said condoms have been losing market share in recent years to other forms of contraception, including the morning-after pill for women. Trojan parent Church & Dwight said in its February 2020 annual filing that “condom usage has declined, as a result of a lower 18 to 24-year old population, alternate birth control options, less fear of HIV, less sex acts and increased competition.” ![]() Sales dropped 2.4% in 2017 and 3.4% in 2018 before ticking up 1.2% in 2019, according to IRI data. On Thursday, CEO Matt Farrell told analysts that condoms “are expected to deliver year-over-year growth as society opens up and consumers have greater mobility.”Įven before the pandemic, condom sales had been sluggish. Eighteen-to 24-year-olds can’t wait to get their social lives back,” said chief marketing officer Britta Bomhard. “An even more eagerly awaited bounce back of sales is in the condom category as condoms mean pleasure. (CHD), the maker of Trojan condoms, said in January that this year looked “promising” for condom sales. (CVS) called the growth “substantial” in an email, but did not provide data. ![]() (CVS) also said condom sales have grown at stores in recent weeks compared with a year ago. The company was seeing “improvements for Durex in markets where social restrictions are being eased,” CEO Laxman Narasimhan told analysts Wednesday. Millions of Americans are about to get hit with diaper sticker shock (Photo by Justin Sullivan/Getty Images) Justin Sullivan/Getty Images Some Americans are stocking up on food, toilet paper, water and other items after the World Health Organization (WHO) declared Coronavirus (COVID-19) a pandemic. The company does not break out specific figures for Durex, but it attributed recent growth to relaxed social distancing rules.Ī customer wears a protective mask as she picks up a box of diapers at a Costco store on Main Novato, California. Durex sales grew last year, despite a “challenging first half of the year,” and sales were flat in 2019. (RBGLY), the maker of Durex condoms, said Wednesday that Durex logged a double digit percentage sales increase during the company’s latest quarter compared with the same quarter last year. That’s after a 4.4% drop in all of 2020, according to IRI. Male condom sales in the United States increased 23.4% to $37 million during the four weeks ending April 18 compared with the same stretch a year ago, according to the latest figures from IRI, a market research firm that tracks point-of-sale data at big box retailers, grocery stores, drug stores and other retail channels. But now, as more Americans are getting vaccinated and Covid-19 safety restrictions are loosening, condom makers are no longer having trouble getting their sales up. Condom sales have been in a slump during the pandemic as people sheltered at home and put their sex life on hold. ![]()
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