Demand for condoms has surged! Global demand for condoms has increased by 30%.

On April 21, the world's largest condom manufacturer, Karex, announced a price increase. Karex's CEO, Wu Mingjie, stated in an interview with Reuters that since the outbreak of the US-Iran conflict at the end of February, the company plans to raise condom prices by 20% to 30% due to factors such as rising raw material costs, logistics delays, and other factors. If the impact of the war on the supply chain continues for a long time, prices may further increase. While the supply is slowing down, global condom demand has increased by about 30% this year. "The situation is very difficult, we have no choice but to pass on the costs to customers," Wu Mingjie said. He also mentioned that in the coming months, Karex will ensure an adequate supply and increase production to meet consumer demand.