The global oral care market, as projected by MarketsandMarkets™, is expected to reach USD 54.9 billion by 2026, with a CAGR of 3.1% during the forecast period. Key drivers for market growth include the increasing prevalence of dental diseases, a rise in the number of dentists worldwide, and advancements in oral care technology. However, product recalls and adverse effects of teeth whitening products pose challenges to market expansion.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80546246
Toothpaste is the dominant product segment, accounting for 51.3% of the market share in 2020, driven by its widespread adoption for oral hygiene maintenance and growing awareness of its efficacy in preventing dental caries. The toothbrushes & accessories segment is projected to grow at the highest CAGR of 3.8% due to increased adoption, accessibility, rising dental hygiene awareness, and promotion of teeth whitening and sensitivity reduction.
Consumer stores currently hold the largest market share (61.7%) among distribution channels, while online distribution is expected to grow at the highest CAGR of 9.5% during the forecast period. This growth is fueled by the increasing number of internet users, cost advantages, free delivery, availability of multiple oral care brands, and the convenience of product comparison and purchasing.
Geographically, the Asia Pacific region dominated the oral care market in 2020, accounting for 31.6% of the market share. Factors driving growth in this region include increased awareness of oral care products, rising disposable income, an aging population in certain countries, and investments in dental healthcare. The Asia Pacific market is projected to exhibit the highest CAGR during the forecast period.
In recent years, product innovation has enabled the development of technologically advanced and easy-to-use oral care products, such as electric, artificial intelligence-equipped (AI), and vibrating toothbrushes. Major players have also launched interactive toothbrushes equipped with position detection and motion sensor technologies. These toothbrushes screen the oral cavity to provide real-time guidance for brushing and maintaining oral health. Electronic toothbrushes have witnessed growing adoption across both developed and developing countries, such as Brazil, Italy, the US, France, and Japan.
Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=80546246
Key players in the global oral care market include Colgate-Palmolive Company, Procter & Gamble, GlaxoSmithKline plc, Unilever plc, and Koninklijke Philips N.V.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Article source: https://article-realm.com/article/Business/45044-Emerging-Trends-and-Market-Outlook-of-the-Global-Oral-Care-Industry.html
Reviews
Comments
Most Recent Articles
- Sep 14, 2024 Pursue Your Dream: A Complete Guide to MBBS in Nepal with Ria Overseas by Mbbsinblog
- Sep 14, 2024 MBBS in Moldova: A Gateway to a Successful Medical Career for Indian Aspirants by Mbbsinblog
- Sep 14, 2024 Explore Your MBBS Journey in Bulgaria: A Complete Guide by Ria Overseas by Mbbsinblog
- Sep 14, 2024 Acceptance Criteria for 304 Stainless Steel Pipes by Jane Tian
- Sep 14, 2024 Eliminate Allergens and Bacteria: Aircon Chemical Wash by coolcare
Most Viewed Articles
- 4070 hits Flexographic Printing Plates Market Size, Share, Report 2024-32 by ellyse perry
- 2458 hits Mist Sprayer Pumps Market Demands, Trends, Industry Analysis, Segmentation by 2032 by ellamrfr
- 1292 hits Plastic Bottles and Containers Market to Signify Strong Growth by 2024-2031 by mansi jain
- 797 hits Thin Wall Packaging Market to Witness Growth Acceleration by 2029 by faraz pathan
- 735 hits Air Traffic Control Equipment Market to Witness Robust Expansion by 2029 by faraz pathan
Popular Articles
In today’s competitive world, one must be knowledgeable about the latest online business that works effectively through seo services....
77364 Views
Are you caught in between seo companies introduced by a friend, researched by you, or advertised by a particular site? If that is the...
32685 Views
Walmart is being sued by a customer alleging racial discrimination. The customer who has filed a lawsuit against the retailer claims that it...
13673 Views
If you have an idea for a new product, you can start by performing a patent search. This will help you decide whether your idea could become the...
11083 Views
Statistics
Members | |
---|---|
Members: | 15316 |
Publishing | |
---|---|
Articles: | 63,054 |
Categories: | 202 |
Online | |
---|---|
Active Users: | 265 |
Members: | 0 |
Guests: | 265 |
Bots: | 4401 |
Visits last 24h (live): | 2218 |
Visits last 24h (bots): | 25592 |