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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. Asia Pacific is expected to witness the fastest CAGR over the forecast period with the highest number of manufacturing facilities in China and the growing demand from countries such as Australia, India, Japan, and New Zealand. China has more than 1,000 manufacturing facilities that provide Original Equipment Manufacturing (OEM) services to some of the leading brands in the industry. Reducing social stigma by changing customer perception of sex and increasing online retailers are expected to drive demand for sex toys in Asia Pacific.

This can be attributed to the integration of technology into existing products to provide new experiences to users. For instance, vibrators with a wand on one side &amp