Why Durex Manufacturer Expected To Experience Further Growth?
As No.1 condom producer in Malaysia, Karex Berhad is a well-positioned to take advantage of the world continue rising demand for condom. The global condom industry is expected to grow at a steady rate in recent years. In fact, global condom sales had risen by 7 percent for the last several years. In 2012, global condom market was 22.8 billion pieces. Several important market trends will contribute to the growing use of condoms, esp in Asia and Africa market, which take up most of the increase rate.. For starters, the global population is growing, which means there will be more people to use condoms. At the same time, the prevalence of sexually transmitted diseases and increasing education in regards to safe sex will also encourage the use of condoms. Not only prevent pregnant, but also can protect us from AIDS. the quickly increase condom sales give them much confidence to further growth in the production size.