Contraceptives Market
Players in the global contraceptives market can expect to benefit from lucrative growth opportunities due to the rising literacy rate. For instance, the United Nations Children's Fund reports that between 1985 and 2018, the global youth literacy rate increased from 83% to 91%.
Furthermore, it is predicted that the high prevalence of HIV/AIDS will increase demand for contraceptives. For instance, the UNAIDS Global HIV & AIDS statistics — 2019 fact sheet estimates that 37.9 million people worldwide are HIV-positive.
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