According to the new market research report Oral Care Market
by Product (Toothbrush (Manual, Electric, Battery), Toothpaste (Pastes,
Gels, Powder, Polish), Breath Freshener, Rinse & Distribution
Channel (Consumer Stores, Retail Pharmacy, E-Commerce), and Region-
Global Forecast to 2025, published by MarketsandMarkets™, the Oral Care
Market is projected to reach USD 53.3 billion by 2025 from USD 45.8
billion in 2020, at a CAGR of 3.1%.
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The
Factors such as the rising awareness about oral hygiene, growing
incidence of dental diseases, and technological advancements in oral
care products are expected to drive the growth of the Oral Care Market.
Increasing the online purchase of oral care products is expected to
create new growth opportunities for players operating in this market.
The toothpaste segment is expected to account for the largest share of the Oral Hygiene Market in 2019.
Based
on product, the market is categorized into toothpaste, toothbrushes
& accessories, mouthwashes/rinses, denture products, dental
accessories/ancillaries, and dental prosthesis cleaning solutions. In
2019, the toothpaste segment was expected to account for the largest
share of the Oral Care Market. The large share of this segment can
primarily be attributed to the enormous adoption of toothpaste for
maintaining oral hygiene, the treatment of dental caries, and its use in
post-surgical procedures.
Browse in-depth TOC on “Oral Hygiene Market”
367 – Tables
47 – Figures
336 – Pages
By distribution channel, the online distribution segment is expected to grow at the fastest CAGR in the forecast period
By
distribution channel, the Oral Hygiene Market is segmented into
consumer stores, retail pharmacies, dental dispensaries, and online
distribution. Online distribution is expected to grow at the fastest
CAGR in the forecast period in this segment. This high growth can be
attributed to the increase in the number of e-commerce platforms focused
on oral care/oral hygiene products, better convenience and availability
of a variety of products through this channel along with proper
discounts.
The Asia Pacific is expected to dominate the market in
2019 as well as serves higher growth potential during the forecast
period.
In 2019, the Asia Pacific was estimated to account for
the largest share of the Oral Care Market, followed by Europe. The
dominant share of the Asia Pacific is attributed mainly to the rising
geriatric population, growing prevalence of dental diseases, increasing
focus of prominent players on emerging Asian countries, increasing
healthcare expenditure (coupled with the increasing disposable income),
raising awareness on oral healthcare, and the willingness to spend more
on dental care. Other factors, such as the growing number of dental
professionals, along with the increasing number of dental visits, will
further support the growth of the Oral Hygiene Market in this regional
segment during the forecast period.
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The
key players operating in the Oral Care Product Market include
Colgate-Palmolive Company (US), The Procter & Gamble Company (US),
GlaxoSmithKline PLC (UK), Unilever PLC (UK), Koninklijke Philips N.V.
(Netherlands), Johnson & Johnson (US), GC Corporation (Japan), 3M
Company (US), Lion Corporation (Japan), Church & Dwight Co., Inc.
(US), Sunstar Suisse S.A. (Switzerland).
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Content Source: https://www.marketsandmarkets.com/PressReleases/oral-care.asp
Tuesday, October 12, 2021
Oral Care Market Worth 53.3 Billion by 2025
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