Condom manufacturers originally expected that condom sales would surge during the epidemic as everyone was locked down at home. Unexpectedly, sales did not increase but dropped significantly since the epidemic. In the past two years, more than 40,000 condom manufacturers in China

2024/04/2308:42:33 news 1868

Condom manufacturers originally expected that condom sales would surge during the epidemic as everyone was locked down at home. Unexpectedly, sales did not increase but dropped significantly since the epidemic. In the past two years, more than 40,000 condom manufacturers in China - DayDayNews

Condom manufacturers originally expected that sales of condoms and condoms would increase significantly during the epidemic. Unexpectedly, sales have not increased but decreased significantly since the epidemic. In the past two years, more than 40,000 condom manufacturers in China have closed down. . The reason is that the demand outside the home is higher than within the home. After the lockdown, people are unable to go out and have fewer opportunities to use it.

Condom manufacturers originally expected that condom sales would surge during the epidemic as everyone was locked down at home. Unexpectedly, sales did not increase but dropped significantly since the epidemic. In the past two years, more than 40,000 condom manufacturers in China - DayDayNews

Chinese condom manufacturers have closed down one after another. The picture shows various brands of condoms produced by various companies.

Condom manufacturers originally expected that condom sales would surge during the epidemic when everyone was locked down at home. Unexpectedly, sales did not increase but decreased significantly since the epidemic. In the past two years, more than 40,000 condom manufacturers in China have closed down. The reason is that the demand outside the home is higher than within the home. After the lockdown, people are unable to go out and have fewer opportunities to use it.

Red Star News reported that Kangle Company, located in Malaysia , is the world's largest condom manufacturer, with an annual production capacity of 5.5 billion pieces. At the beginning of the outbreak, recreational companies were optimistic that people would be trapped in their houses with no other recreational activities except intimate sexual activities. And because of economic uncertainty, people stuck at home will use birth control, and the demand for condoms will surge.

But two years have passed. At the beginning of this year, Jiupai News cited foreign media reports that the sales of Kangle's condom products fell by about 40% in the past two years. The company complained so much that it had to open a new production line and switch to producing gloves.

Condom manufacturers originally expected that condom sales would surge during the epidemic as everyone was locked down at home. Unexpectedly, sales did not increase but dropped significantly since the epidemic. In the past two years, more than 40,000 condom manufacturers in China - DayDayNews

Many condom manufacturers have switched to making latex gloves .

Domestic condom manufacturers are also in dire straits. The Red Star Capital Bureau found from the " Tianyancha " that from 2020 to June 20 this year, more than 40,000 condom manufacturers have canceled, with an average of 17,300 companies canceling each year. Far more than the cancellation data in 2019 (14,987).

Kangle Company not only produces its own brand of condoms, but also OEMs for other brands, including Guangdong North Technology Co., Ltd. Jiang Zhiming, chairman of North Technology, said the decline in condom sales may be related to the usage scenarios.

During the epidemic, once it is blocked and people cannot communicate with each other, (sales) will definitely drop. Because besides the home, condoms are also used in other scenarios, and there are quite a lot of them. He said that when people's communication and exchanges decreased, the frequency of condom use also decreased.

A set of statistics cited by Southern Weekend shows that in the domestic market, nearly half of condom usage occurs outside the home.

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