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"There are opportunities for conversations in general about the importance of pleasure. Maybe it’s a TV commercial or a show you’re watching together, or a song you’re listening to," she notes. "We don’t want to embarrass our kids, and truth be told, if a teenage girl has a vibrator and understands pleasure and it’s important to her, that’s not a bad thing," she says.
Brazil, Mexico, Chile, Argentina, and Colombia have a major share of the Latin America market. A rise in disposable income and awareness of sexual health are some of the primary factors expected to boost the demand for sex toys in Latin America. Regulations can have a significant impact on the industry, influencing various aspects such as product safety, marketing, distribution, and overall market dynamics. The impact can vary across different regions and countries due to variations in cultural attitudes, legal frameworks, and societal norms.
European countries, such as Germany, Italy, France, the UK, Denmark, and Belgium, are the leading contributors to the sex toys market in Europe. Traditional vibrators and dildos are the most popular toys in these countries. Presence of some of the leading brands, such as LELO, Lovehoney, Durex, and Fun Factory, which cater to the requirements of the European community had positioned Europe as the second-largest market in 2023. AI is transforming the industry and is driving the shift from conventional sex toys to the SexTech products. AI is revolutionizing the industry with the launch of smart sex toys that can be controlled remotely.
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