Oral Care Market Forecast: $54.9 Billion in Revenue on the Horizon by 2026

Comments · 33 Views

The oral care/oral hygiene market is projected to reach USD 54.9 billion by 2026 from USD 47.2 billion in 2021, at a CAGR of 3.1% during the forecast period. The rising incidence of dental diseases, the rising number of practicing dentists on a global scale, and technological advancements in oral care products are the major factors driving the growth of the oral care market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=80546246

The oral care market encompasses a wide range of products and services related to maintaining and improving oral hygiene and dental health. This market includes products such as toothpaste, toothbrushes, mouthwashes, dental floss, teeth whitening products, and various dental accessories.

Here are some key points about the oral care market:

Dental Services: the oral care market includes dental services provided by dentists and dental clinics. These services range from routine check-ups and cleanings to complex dental procedures and surgeries.

Consumer Trends: Consumers are increasingly looking for natural and eco-friendly oral care products. There is also a growing interest in oral care products that address specific issues like sensitivity or gum health.

Technological Advancements: The oral care market has benefited from technological advancements, including smart toothbrushes that provide real-time feedback on brushing habits and the use of AI for better diagnostics and treatment planning.

Regional Variances: The oral care market can vary significantly by region due to differences in oral care habits, access to dental care, and consumer preferences.

Regulation and Safety: Regulatory agencies in many countries oversee oral care products to ensure their safety and efficacy. Compliance with these regulations is essential for manufacturers.

Competitive Landscape: The market is competitive, with multinational corporations, such as Colgate-Palmolive, Procter & Gamble, and Johnson & Johnson, dominating the industry. However, there is also room for smaller, niche brands to thrive.

Dental Tourism: Some regions have become popular destinations for dental tourism, where patients seek dental treatments at a lower cost.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80546246

Key Market Players

The global oral care/oral hygiene market is fairly consolidated. Colgate-Palmolive Company (US), Procter & Gamble (US), GlaxoSmithKline plc (Ireland), Koninklijke Philips N.V. (Netherlands), Johnson & Johnson (US), Unilever plc (UK)

Colgate-Palmolive Company (US) is a leading player in the oral care/oral hygiene market and accounted for the largest share of the market in 2020. The company is a global market leader in the toothpastes and manual toothbrushes segments. The company provides oral care products under brand names “Colgate,” “Darlie,” “elmex,” “merridol, “Sorriso,” and “Tom’s of Maine.” 

Procter & Gamble (US) is one of the prominent players in the oral care/oral hygiene market. The company offers its oral care products under the Crest and Oral-B brands through its Health Care business segment.

Asia Pacific holds the largest share in the oral care market, by region, in the forecast period

Asia Pacific region accounted for the largest share of 31.6% of the oral care market. The major factors driving the growth of the Asia Pacific region for the oral care market include the growing awareness of oral care & oral hygiene products in this region, rising disposable income, increasing aging population in certain countries, and rising investments in dental healthcare.

Oral Care Market Dynamics

Driver: technological advancements in oral care products

Opportunity: Growing awareness about oral hygiene

Restraint: Product recalls

Challenge: Adverse effects of teeth whitening products

Enquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=80546246

 

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Email: sales@marketsandmarkets.com

disclaimer
Comments