WASHINGTON, June 14, 2022 (GLOBE NEWSWIRE) -- The Global Oral Care Market finds that increasing cases of dental diseases, an increasing number of practicing dentists, and technological advancements in the development of new products are some major factors that have been bolstering the growth of the Oral Care Market in recent years. However, the adverse effects of teeth whitening products are the major concern and may act as restrain in the growth of the Oral Care Market in coming years.
The Global Oral Care Market revenue is expected to reach a value USD 44.5 Billion in the year 2028.
The Global Market revenue stood at a value USD 32.1 Billion in the year 2021 and is expected to grow exhibiting a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period; states Vantage Market Research, in a report, titled “Oral Care Market Size, Share & Trends Analysis Report by Product (Toothbrush, Toothpaste, Mouthwash/rinse, Denture Products), by Product Type (Countertop, Cordless), by Application (Home, Dentistry), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)”.
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Market Dynamics:
Drivers:
Easy Availability of a Wide Range of Products
Keeping the gums, teeth, and tongue healthy requires good dental or oral care. Bad breath, dry mouth, cold sores, rot, and thrush are manageable oral diseases with proper diagnostic and oral care products. In recent years, toothpastes are available in a variety of fluoride concentrates, with a variety of variants, such as herbs, honey, etc. This led to tooth decay and dental treatment. Mouthwash is used to rejuvenate the mouth or to treat gum disease. Thus, there has been a dramatic shift in the sale of oral care products worldwide.
Traditional distributors, retailers, and pharmacies are slowly losing out to online retailers. Oral care products can be purchased through an online retail channel, thanks to the availability of a wide range of oral care products at reduced prices, convenience, and free shipping. The success of the online marketing channel for oral care products has encouraged key market players to increase their investment in these channels. Therefore, one of the main factors driving the growth of the oral care market is the easy availability of a variety of oral care products.
Increased Incidence of Periodontal Disease
Tooth decay (caries) and periodontal disease (gum disease) are the most common diseases in the world. A study conducted by the Centres for Disease Control and Prevention (CDC) in 2018 showed that from 2015-2018 the total percentage of untreated teeth was 13.2% (between 5 and 14 years) and 25.9% (years between 20-44 years). Treatment of dental caries is expensive, accounting for approximately 5-10% of the total cost of health care borne by developed nations. According to the FDI World Dental Federation, the incidence of dental caries is very high in young people. The prevalence of dental caries in the age group 6-19 is as high as 60% to 80% in developed countries throughout North America and Europe. Thus, increased incidences of periodontal disease are fuelling the growth of the Oral Care Market in coming years.
Key Insights & Findings from the Report:
- According to our primary respondents’ research, the Oral Care market is predicted to grow at a CAGR of roughly 5.6% during the forecast period.
- The Oral Care market was estimated to be worth roughly USD 32.1 Billion in 2021 and is expected to reach USD 44.5 Billion by 2028; based on primary research.
- On the basis of region, Asia Pacific is projected to dominate the worldwide Oral Care market.
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Segmentation of the Global Oral Care Market:
- Product
- Toothbrush
- Toothpaste
- Mouthwash/Rinse
- Denture Products
- Dental Accessories
- Product Type
- Countertop
- Cordless
- Application
- Home
- Dentistry
- Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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COVID-19 Impact Analysis:
The COVID-19 outbreak has affected various industries worldwide. Governments across the world implemented strict lockdown measures and social distancing norms in order to restrict the swift spread of the pandemic. Manufacturing facilities around the world were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pandemic might lead to a significant delay in the commercial roll-out of the electronics industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020. Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:
- Impact Assessment of COVID-19 Pandemic
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Quarterly Market Revenue Forecast by Asia Pacific 2020 & 2021
- Key Strategies Undertaken by Companies to Tackle COVID-19
- Long Term Dynamics
- Short Term Dynamics
The Report on Oral Care Market Highlights:
- Assessment of the market
- Premium Insights
- Competitive Landscape
- COVID Impact Analysis
- Historic Data, Estimates and Forecast
- Company Profiles
- Global and Regional Dynamics
Regional Analysis:
Asia Pacific Holds Largest Market Share
Asia Pacific is expected to dominate the growth of the Oral Care Market in 2021. The dominance of the region is due to the high presence of older people in countries such as India, Japan, and China, leading to higher use of these oral care products. Consumer growth in consumer toothpaste products in the region is anticipated to drive the market growth market growth. The prevalence of oral diseases increases the demand for these products.
Browse market data Tables and Figures spread through 142 Pages and in-depth TOC on "Oral Care Market Size, Share & Trends Analysis Report by Product (Toothbrush, Toothpaste, Mouthwash/rinse, Denture Products), by Product Type (Countertop, Cordless), by Application (Home, Dentistry), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)" View detailed Research Report here - https://www.vantagemarketresearch.com/press-release/oral-care-market-067480
List of Prominent Players in the Oral Care Market:
- Procter & Gamble Company
- Johnson & Johnson Services Inc.
- Colgate-Palmolive Company
- GlaxoSmithKline PLC
- Church & Dwight Co. Inc.
- Dr. Fresh LLC
- Dentaid
- Lion Corporation
- Sunstar Suisse S.A.
Recent Developments:
September 2021: GlaxoSmithKline plc (UK) introduced Drs. BEST GreenClean toothbrush, the first carbon-neutral toothbrush, with a handle made of renewable cellulose.
March 2021: Colgate-Palmolive, and Philips entered into a long-term partnership to bring the benefits of oral care for electric toothbrushes to Latin America. This can be achieved primarily by Philips Colgate's special portfolio, which includes various electric toothbrushes in the price points list.
April 2020: Hindustan Unilever Limited (HUL) merged with GlaxoSmithKline Consumer Healthcare Limited (India), with HUL responsible for distributing GSK's Consumer Healthcare products to India, including its leading oral healthcare product, Sensodyne.
Key questions answered in the report:
- Which regional market will show the highest and rapid growth?
- Which are the top five players of the Oral Care Market?
- How will the Oral Care Market change in the upcoming six years?
- Which application and product will take a lion’s share of the Oral Care Market?
- What is the Oral Care market drivers and restrictions?
- What will be the CAGR and size of the Oral Care Market throughout the forecast period?
This market titled “Oral Care Market” will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:
| Parameter | Details |
| Market Size Provided for Years | 2016-2028 |
| Base Year | 2021 |
| Historic Years | 2016-2020 |
| Forecast Years | 2022-2028 |
| Segments Covered | • Product ° Toothbrush ° Toothpaste ° Mouthwash/Rinse ° Denture Products ° Dental Accessories • Product Type ° Countertop ° Cordless • Application ° Home ° Dentistry • Region ° North America ° Europe ° Asia Pacific ° Latin America ° Middle East & Africa |
| Region & Counties Covered | • North America ° U.S. ° Canada ° Mexico • Europe ° U.K ° France ° Germany ° Italy ° Spain ° Rest Of Europe • Asia Pacific ° China ° Japan ° India ° South Korea ° South East Asia ° Rest Of Asia Pacific • Latin America ° Brazil ° Argentina ° Rest Of Latin America • Middle East & Africa ° GCC Countries ° South Africa ° Rest Of Middle East & Africa |
| Companies Covered | • Procter & Gamble Company • Johnson & Johnson Services Inc. • Colgate-Palmolive Company • GlaxoSmithKline PLC • Church & Dwight Co. Inc. • Dr. Fresh LLC • Dentaid • Lion Corporation • Sunstar Suisse S.A. |
| Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
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