Cupid Limited Announces Development of Nitrile Female Condom, Targeting Global Monopoly Segment of Female Condom Market

Cupid Limited, a leading manufacturer and exporter of male and female condoms, has announced the commencement of its development programme for a Nitrile (NBR) Female Condom. The company aims to enter the currently single supplier global nitrile female condom market, which is projected to exceed USD 1.2 billion by 2030. Cupid's new manufacturing facility, part of the Company’s previously announced expansion programme, has been designed to accommodate dual-polymer dipping lines operating concurrently, enabling the company to serve the established NRL male condom market, the NRL female condom market, and the premium nitrile female condom segment. Upon full commissioning, the expanded new facility is expected to support annual production capacity of approximately 1.25 billion male condoms and 125 million female condoms.