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<ul class="summary-list"><li>The world's largest condom producer is preparing for a sales boom as the world reopens.</li><li>Malaysian giant <keyword id="13230833" type="UNKNOWN" weightage="60" keywordseo="karex" source="Orion">Karex</keyword>, which supplies well-known brand <keyword id="13230832" type="UNKNOWN" weightage="60" keywordseo="durex" source="Orion">Durex</keyword>, saw sales plummet in the <keyword id="11896136" type="UNKNOWN" weightage="60" keywordseo="pandemic" source="Orion">pandemic</keyword>. </li></ul>The world's largest producer of <keyword id="12225189" type="UNKNOWN" weightage="60" keywordseo="condoms" source="Orion">condoms</keyword> is anticipating a sales boom as the world reopens from pandemic lockdowns.Malaysian contraceptive giant Karex said <a href="https://www.insage.com.my/BursaNews/Attachment/202202/20220221/KAREX-AN20220221A1-1.pdf">Monday</a> – while announcing second-quarter earnings – that as vaccination rates ramp up across the world and countries begin to adapt to a new normal, it is expecting demand for its <keyword id="12213007" type="UNKNOWN" weightage="60" keywordseo="sexual-health" source="Orion">sexual health</keyword> products, specifically condoms and lubricants, to increase. Karex, which produces around 5.5 billion condoms a year and supplies well-known brands such as Durex and ONE Condoms, saw its sales battered by the pandemic. CEO Goh Miah Kiat told media outlet Nikkei Asia in <a href="https://www.businessinsider.com/people-had-less-sex-with-condoms-covid-pandemic-closed-hotels-2022-1">January</a> that sales of these products fell by 40% over the past two years.The slump came as a shock to Goh who <a href="https://www.bloomberg.com/news/articles/2020-03-28/the-world-could-be-running-out-of-condoms-because-of-pandemic?sref=lAVQtUwz">anticipated a boom in condom sales</a> in the early days of the pandemic in March 2020, and even warned of global shortages at that time. Discussing the company's two-year sales slump with Nikkei Asia in January, Goh said that demand for the products had fallen as hotels and motels closed during the pandemic, and government condom distribution programs came to a halt. "A large portion [of condoms] is distributed by governments around the world, which have reduced [distribution] significantly during <keyword id="11893994" type="UNKNOWN" weightage="60" keywordseo="covid-19" source="Orion">COVID-19</keyword>," Goh told Nikkei, Insider previously <a href="https://www.businessinsider.com/people-had-less-sex-with-condoms-covid-pandemic-closed-hotels-2022-1">reported</a>. "For instance, in the United Kingdom, the NHS [National Health Service] shut down most nonessential clinics because of COVID, and sexual wellness clinics which hand out condoms were also closed."Goh said that condom sales had already improved in the early part of this year. UK consumer goods giant Reckitt Benckiser, which owns the Durex brand, said this <a href="https://www.reckitt.com/media/9879/reckitt-2021-fy-results-transcript.pdf">month</a> that it has seen strong sales growth in its intimate products as restrictions eased.

Condom giant prepares for a sales boom as global pandemic restrictions ease

The coronavirus forced the world's largest condom maker to stop producing — and now there may be a shortage of 100 million condoms

<ul><li>In India, condom sales saw a huge uptick as the <keyword id="91743" type="PERSON" weightage="20" keywordseo="lockdown">lockdown</keyword> was announced.</li><li>Malaysia’s <keyword id="8971610" type="UNKNOWN" weightage="20" keywordseo="karex">Karex</keyword> Bhd, has said that it now has stock that will last only two months as its factories have shut down due to lockdown.</li><li>Reuters reported that the company has not produced even a single condom from three of its factories in Malaysia as the country has shut down due to the coronavirus pandemic.</li></ul>The world’s largest producer of <keyword id="27993" type="PERSON" weightage="20" keywordseo="condoms">condoms</keyword> – Malaysia’s Karex Bhd, has said that it now has stock that will last only two months as its factories have shut down due to lockdown. <a href="https://www.reuters.com/article/us-health-coronavirus-malaysia-karex/condom-shortage-looms-after-coronavirus-lockdown-shuts-worlds-top-producer-idUSKBN21E1OJ?utm_campaign=fullarticle&amp;utm_medium=referral&amp;utm_source=inshorts">Reuters </a>reported that the company has not produced even a single condom from three of its factories in Malaysia as the country has shut down due to the coronavirus pandemic. India, along with Thailand and China, are the other major condom producing countries and all three countries have been affected by the coronavirus. While China was the epicenter of the pandemic, India now has over 900 coronavirus cases. 
 <div type="Article" hostid="261" msid="74859218" title="Flattening the curve: How China, South Korea, Taiwan and Singapore brought Coronavirus under control" mstype="2" mssubtype="0"></div>



 Chief Executive Goh Miah Kiat of Karex told Reuters that the demand for condoms continues to grow as people stay at home but don’t want to have children because of the uncertainty all around. He also added that in some countries the shortage can go up to months. The company produces one in every five condoms in the world. In India, condom sales saw a huge uptick as the lockdown was announced. According to <a href="https://www.hindustantimes.com/sex-and-relationships/coronavirus-outbreak-condom-sales-in-india-go-through-the-roof/story-ibQPGqpFNs469BBWkuWjcK.html">reports</a>, pharmacy owners said that the demand for condoms is at an all-time high – with some reporting a 25-30% increase in sales in just one week. “People usually prefer buying a pack of three, but in the last week most of them have purchased packs of 10 and 20,” a shop owner told <a href="https://www.hindustantimes.com/sex-and-relationships/coronavirus-outbreak-condom-sales-in-india-go-through-the-roof/story-ibQPGqpFNs469BBWkuWjcK.html">HT.</a> <div type="Article" hostid="261" msid="74862521" title="Inside photos of Indian Railways coaches turned into isolation wards for coronavirus patients" mstype="2" mssubtype="0"></div>

 Meanwhile, <a href="https://www.vice.com/en_in/article/dygj5a/sex-toys-and-condom-sales-soared-as-india-went-under-a-21-day-lockdown">reports</a> also say that the sale of <keyword id="6355231" type="UNKNOWN" weightage="20" keywordseo="Sex">sex</keyword> toys has also grown in India, as Indians take ‘<keyword id="58679" type="COMPANY" weightage="20" keywordseo="Quarantine">Quarantine</keyword> &amp; chill’ quite seriously. See Also: <a href="https://www.businessinsider.in/india/news/data-of-coronavirus-patients-state-wise-in-india/articleshow/74669748.cms">Coronavirus cases in India</a>

Go slow on sex as world’s largest condom maker’s stock to last only two months

<ul class="summary-list"><li>Karex, the world's largest condom-maker, said condom sales slumped over the last two years.</li><li>The Malaysian company itself had assumed at the start of the pandemic that demand would surge.</li></ul>Condom sales declined precipitously during the pandemic, according to the world's largest manufacturer of the contraceptive, which saw sales falling as much as 40% in the last two years, according to <a href="https://asia.nikkei.com/Editor-s-Picks/Interview/Malaysia-s-Karex-COVID-lockdowns-dented-condom-demand">Nikkei.</a>While many would assume that people would have nothing to do "but have <keyword id="11899146" type="UNKNOWN" weightage="60" keywordseo="sex" source="Orion">sex</keyword>" indoors due to movement restrictions, that didn't appear to be the situation, Karex CEO Goh Miah Kiat told the media outlet.The Malaysian contraceptive company produces around 5.5 billion <keyword id="12225189" type="UNKNOWN" weightage="60" keywordseo="condoms" source="Orion">condoms</keyword> a year and is a supplier to brands like Durex and ONE Condoms. It also produces its own condom brands.Karex had assumed at the start of the pandemic that condom demand would surge as people cooped up at home practice birth control due to economic uncertainty, <a href="https://www.bloomberg.com/news/articles/2020-03-28/the-world-could-be-running-out-of-condoms-because-of-pandemic">Bloomberg</a> reported in March 2020, citing Goh. Goh also predicted a <a href="https://www.businessinsider.com/worldwide-condom-shortage-inevitable-production-hubs-shut-down-2020-3">condom shortage</a> at the time due to pandemic-fueled factory shutdowns.Instead, condom demand slumped, not just for Karex but for others like <a href="https://www.businessinsider.com/durex-condom-sales-slump-as-intimate-occasions-decline-2020-7">Durex</a> and <a href="https://www.bloomberg.com/news/articles/2020-10-29/baby-boom-ahead-condom-sales-still-lagging-at-church-dwight">Trojan,</a> too, as lockdowns hit social life.Goh told Nikkei condom demand fell when hotels and motels closed, as these locations had provided privacy. The <a href="https://www.businessinsider.com/sex-workers-industry-growing-new-talent-pandemic-2020-12">sex industry</a>, too, was impacted by the health crisis, with in-person sex providers facing a challenging market.Large-scale government condom distribution programs were also hit by the pandemic. "A large portion [of condoms] is distributed by governments around the world, which have reduced [distribution] significantly during COVID-19," Gold told Nikkei. "For instance, in the United Kingdom, the NHS [National Health Service] shut down most nonessential clinics because of COVID, and sexual wellness clinics which hand out condoms were also closed."<a href="https://www.karex.com.my/investor-relations/financial-information/">Karex</a> posted a full-year loss for its fiscal 2020 ending June — the company's first since it went public in November 2013. The company's share price on the Bursa <keyword id="8695" type="UNKNOWN" weightage="60" keywordseo="malaysia" source="Orion">Malaysia</keyword> exchange fell almost 50% in 2021.In recent weeks, condom sales have improved, Goh told Nikkei. This is in line with data from other major condom sellers like <a href="https://www.reuters.com/business/retail-consumer/reckitt-lifts-sales-forecast-after-reporting-upbeat-quarter-2021-10-26/">Durex</a> and <a href="https://www.cnn.com/2021/04/30/business/condoms-durex-trojan-sex/index.html">Trojan</a> that reported improved sales as movement restrictions lifted.But Karex is not taking any chances — it plans to diversify into medical glove manufacturing, which has seen <a href="https://markets.businessinsider.com/news/stocks/polish-glove-maker-stock-explode-covid-19-fuels-sales-boom-2020-10">explosive growth</a> during the pandemic. Similar raw materials and technologies are used in condom and glove-making, said Goh, per the Nikkei.

World's largest condom maker says condom sales precipitously slumped during the pandemic

<ul class="summary-list"><li>A mandatory coronavirus lockdown in Malaysia forced the world's largest condom producer to stop manufacturing.</li><li>The World Health Organization considers condoms an essential item.</li><li>The prospect of a condom shortage is frightening to health experts and executives of the company.</li><li><a href="https://www.facebook.com/BusinessInsiderToday/">View more episodes of Business Insider Today on Facebook.</a></li></ul>Karex Berhad is the world's largest condom producer.But its CEO is worried about an impending shortage of condoms - 100 million to be exact.A mandatory coronavirus lockdown in Malaysia forced Karex to temporarily stop making condoms for 10 days - even though the World Health Organization considers it an <a href="https://www.insider.com/coronavirus-trojan-tells-retailers-to-class-condoms-essential-item-2020-4">essential item</a>.The prospect of a condom shortage is frightening for Karex executives like CEO Goh Miah Kiat."While you've got people who are fighting COVID right now, we need to make sure that essential items are continuously being supplied," <a href="https://www.businessinsider.com/worldwide-condom-shortage-inevitable-production-hubs-shut-down-2020-3">he told Reuters</a>. "You know, with many hard-hit countries around the world with HIV, AIDS, condom is a necessity."<h2><a href="https://www.youtube.com/watch?v=Q8oCHPmDVBc">Watch Business Insider Today to see the coronavirus' impact on the condom industry »</a></h2>Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please email <a href="mailto:covidtips@businessinsider.com">covidtips@businessinsider.com</a> and tell us your story.Get the latest <a href="/coronavirus-business-impact">coronavirus business &amp; economic impact analysis</a> from Business Insider Intelligence on how COVID-19 is affecting industries.

The coronavirus forced the world's largest condom maker to stop producing - and now there may be a shortage of 100 million condoms

Kuala Lumpur, Apr 8 (AFP) A global condom shortage is looming as the coronavirus pandemic shutters factories and disrupts supply chains, the world's top maker of the contraceptives said, with the United Nations warning of "devastating" consequences. Over half of humanity has been confined to their homes as the highly contagious virus marches round the planet, while governments worldwide have ordered the closure of businesses deemed non-essential. Malaysia -- one of the world's top rubber producers and a major source of condoms -- imposed a nationwide lockdown last month as infections surged to the highest level in Southeast Asia. But restrictions on the operations of Malaysian contraceptive giant Karex, which makes one in every five condoms globally, mean the firm expects to produce 200 million fewer condoms than usual from mid-March to mid-April. With other producers around the world likely facing disruption and difficulties in getting condoms to market due to transport problems, supplies of contraceptives will be hit hard, warned Karex chief executive Goh Miah Kiat. "The world will definitely see a condom shortage," Goh told AFP."It's challenging, but we are trying our best right now to do whatever we can. It is definitely a major concern -- condom is an essential medical device. "While we are fighting the COVID-19 pandemic, there are also other serious issues that we need to look at," he said, adding he was particularly worried about supplies of condoms to developing countries. Karex, which supplies condoms to many companies as well as governments and for distribution by aid programmes, had to close its three Malaysian factories for a period at the start of the country's lockdown, which is due to last until April 14. The company has since been allowed to resume operations but with only 50 per cent of its usual workforce, and Goh wants permission to ramp up production. The UN is also sounding the alarm, with its sexual and reproductive health agency warning it can currently only get about 50-60 per cent of its usual condom supplies due to virus-related disruptions. "Border closings and other restrictive measures are affecting transportation and production in a number of countries and regions," said a UN Population Fund spokesperson, adding they were taking steps such as adding extra suppliers to support urgent needs. The agency, which works with governments worldwide to support family planning, said a key concern was being able to ship condoms to where they were needed quickly enough -- and warned the poorest and most vulnerable would be hit hardest if stocks run low. "A shortage of condoms, or any contraceptive, could lead to an increase in unintended pregnancies, with potentially devastating health and social consequences for adolescent girls, women and their partners and families," said the spokesperson. There could also be an rise in unsafe abortions and an increased risk of sexually transmitted infections and HIV, the agency said. Even as factory shutdowns and border closures throw the condom industry into chaos, demand appears to be increasing. Goh said Karex had seen growing demand as people worldwide are confined to their homes, while Indian media reported that condom sales had jumped 25-35 per cent in the week after the country of 1.3 billion people announced a lockdown. Despite the warnings about a potential shortage, there are positive signs from condom makers in China, where the virus first emerged last year but which has largely managed to bring its outbreak under control. Major producers there have resumed operations as authorities eased tough restrictions to halt the virus, which has claimed more than 80,000 victims worldwide. HBM Protections, which makes more than one billion condoms a year, said production is back to normal levels and it is pushing ahead with earlier plans to triple its number of manufacturing lines by the end of the year. And Shanghai Mingbang Rubber Products said it was ready to ramp up condom exports, which currently make up only about 10 per cent of its output, if there is a global shortfall. "If the international market runs into such problems... we will be willing to export more," chief executive Cai Qijie told AFP. (AFP) ZHZH

Virus may spark 'devastating' global condom shortage

Chaiwat Subprasom/Reuters<ul class="summary-list"><li>A global condom shortage is becoming of increasing concern as some of the world's largest production centers shut down for the foreseeable future.</li><li>A shortage could last for months and leave humanitarian programs that prevent HIV and other sexually transmitted infections from getting their supplies.</li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories</a>.</li></ul>A global condom shortage is becoming an increasing concern as some of the world's largest production centers shut down for the foreseeable future.Karex Bhd, a condom producer in Malaysia that makes one out of every five condoms sold worldwide, <a href="https://www.reuters.com/article/us-health-coronavirus-malaysia-karex/condom-shortage-looms-after-coronavirus-lockdown-shuts-worlds-top-producer-idUSKBN21E1OJ">hasn't made a single condom in the past 10 days</a> because of a mandatory government-imposed lockdown, Reuters reported.Typically, Karex can make 100 million condoms in a 10-day period, and those condoms are then sold and distributed by well-known condom brands like Durex."We are going to see a global shortage of condoms everywhere, which is going to be scary," Karex Chief Executive Goh Miah Kiat told Reuters. He said he foresees the shortage lasting for months.In addition to Malaysia, Thailand and India are home to most of the factories that produce condoms. As coronavirus cases surge, shutdowns in these countries could also contribute to a condom shortage.Goh said he is especially concerned about the looming shortage's effect on humanitarian efforts in Africa where <a href="https://www.unaids.org/en/resources/presscentre/featurestories/2015/july/20150702_condoms_prevention">condoms are in high demand for HIV prevention</a>, but that the shortage could impact anyone who is having sex."The good thing is that the demand for condoms is still very strong because like it or not, it's still an essential to have," Goh said. "Given that at this point in time people are probably not planning to have children. It's not the time, with so much uncertainty."Although China, another country that manufactures a large number of condoms, is ending lockdowns, a lag in production could still be felt, according to Chris Purdy, the CEO of family-planning production company <a href="https://nam05.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.dktinternational.org%2Fservices%2Fproducts-2%2F&amp;data=02%7C01%7Cljohnson%40ap.org%7Cfc43d42589cc457ccc3e08d7c1f436e6%7Ce442e1abfd6b4ba3abf3b020eb50df37%7C1%7C0%7C637191126967622278&amp;sdata=%2B87s5aNunYzMqlI9daAbSZZQRpRDDqDq7uVuiSefu3Y%3D&amp;reserved=0" target="_blank" rel="noopener">DKT International.</a>"During the recent outbreak, many Chinese factories were shuttered and factory workers asked to stay home or work at reduced hours," Purdy told Business Insider. "Many of these contraceptive suppliers are not back to full capacity. As a result, we now expect delays in production and shipping schedules."Purdy said DKT International expects delivery times for their condoms, which are produced in Malaysia, to double from two months to four months.Delivery has also slowed as concerns about the pandemic have spread."As vigilance and concern grows around transmission of the coronavirus, we are seeing heightened vigilance by oversight bodies, including around import, freight, and clearance of all shipments, including of contraceptives," Purdy said. "There is increased scrutiny and requests for paperwork on products arriving from other countries, resulting in delays in clearance approvals."For example, DKT condom shipments to Egypt are undergoing an extra 18-day quarantine.Purdy said global programs that provide condoms to those who need them should invest in extra inventory as soon as they can to offset the effects of condom production and shipment delays.<a href="/intelligence/digital-health?IR=T&amp;itm_source=businessinsider&amp;itm_medium=ctgr_bii&amp;itm_term=ctgr_subscription&amp;itm_content=health&amp;itm_campaign=digital-health"></a> Featured Health Articles: - <a href="/telehealth-industry-explained">Telehealth Industry Explained</a> - <a href="/value-based-care-pay-for-performance-healthcare-model">Value-Based Care Explained</a> - <a href="/senior-care-market-trends">Senior Care &amp; Assisted Living Market</a> - <a href="/wearable-technology-healthcare-medical-devices">Smart Medical Devices &amp; Wearable Tech</a> - <a href="/artificial-intelligence-healthcare">AI in Healthcare</a> - <a href="/remote-patient-monitoring-industry-explained">Remote Patient Monitoring Explained</a>- <a href="/ai-medical-diagnosis-report">AI in Medical Diagnosis Systems</a>

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Condom giant prepares for a sales boom as global pandemic restrictions ease

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The coronavirus forced the world's largest condom maker to stop producing — and now there may be a shortage of 100 million condoms

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Go slow on sex as world’s largest condom maker’s stock to last only two months

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World's largest condom maker says condom sales precipitously slumped during the pandemic

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The coronavirus forced the world's largest condom maker to stop producing - and now there may be a shortage of 100 million condoms

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There may be a worldwide condom shortage as factories are forced to shut down during the coronavirus pandemic

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