People Are Ready to Have Sex Again: Condom Sales Are Surging
New York (CNN Business)Condom sales have been in a slump during the pandemic as people sheltered at home and put their sex life on hold. 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.
….The company does not break out specific figures for Durex, but it attributed recent growth to relaxed social distancing rules.
The company was seeing “improvements for Durex in markets where social restrictions are being eased,” CEO Laxman Narasimhan told analysts Wednesday.
Walgreens (WBA) and CVS (CVS) also said condom sales have grown at stores in recent weeks compared with a year ago. A spokesperson for CVS called the growth “substantial” in an email, but did not provide data.
Church & Dwight (CHD), the maker of Trojan condoms, said in January that this year looked “promising” for condom sales. “An even more eagerly awaited bounce back of sales is in the condom category as condoms mean pleasure. Eighteen-to 24-year-olds can’t wait to get their social lives back,” said chief marketing officer Britta Bomhard.
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.”
…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 2000 and 2002 to 30.9% between 2016 and 2018.
(Link): The Myth of Safe Sex by D. Foley