The market research report for the Oral Care market includes a prediction for the years up to 2029 as well as in-depth information on the market's size, rate of growth, revenue, trends, and potential. Also carefully analysed are the main variables affecting the development of this sector. This study involved a thorough quantitative examination of the market, and the findings can be used to inform the creation of growth- and productivity-boosting measures.
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Oral Care Market Overview:
Focusing on the most recent drivers, restraints, and opportunities for the Oral Care industry, the in-depth company firm's study is on the Oral Care market. Discussions with eminent businesses follow to confirm the results. In the secondary review and analysis of the same, both paid and unpaid data sources are utilised. Data on each player's supply and consumption are assembled using official government sources, independent data sources, and, in the case of publicly traded firms, financial reports of the company. Even if financial documents from businesses are not made available to the general public, the tax division of the local government may be able to obtain them.
Oral Care Market was valued at US$ 33.7 Bn. in 2021. Oral Care Market size is estimated to grow at a CAGR of 6.9 % over the forecast period.
Oral Care Market
COVID-19 Impact:
The analysis examines the existing and potential impacts of the COVID-19 pandemic on the entire market and delivers more accurate and true estimates in accordance with the market scenario. The world is in anguish due to the coronavirus outbreak. Almost every country has had strict social segregation laws in place, like lockdowns. This has caused disruptions in supply systems. The epidemic has altered societal structures all across the world. The market as a whole is affected by the COVID-19, and as that impact increases in 2019 and 2020, so does the rate of growth. In order to provide decision-makers with reliable data and experiences, businesses and organisations are being compelled by the COVID-19 tragedy to manage risk and digitise operations. This is consistent with the most recent analysis, research, and recommendations from MMR on the management challenges that are crucial for businesses and organisations and have a substantial market impact.
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Oral Care Market Key players:
• Colgate Palmolive Co. (New York, U.S.)
• Unilever (London, U.K.)
• Procter & Gamble Co. (Ohio, U.S.)
• Henkel AG & Co. KG aA (Düsseldorf, Germany)
• Johnson & Johnson (New Jersey, U.S.)
• GlaxoSmithKline Plc. (Brentford, U.K.)
• Lion Corporation (Tokyo, Japan)
• Church & Dwight Co. Inc. (Ewing Township, U.S.)
• Reckitt Benckiser Group Plc. (Slough, U.K.)
Key company and market share insights:
The major competitors are listed here for audiences to learn about. The main strategic actions these businesses take to maintain market dominance are reviewed in this study, including product portfolio strengthening, M&A, partnerships, new, innovative products, and geographic penetration. In addition to critical financial information and current events, the report also provides the company's goals. The companies' global sales, earnings, and profit margins from 2017 through 2022 are also covered in more detail for users.
Oral Care Market Dynamics:
Tooth decay (dental caries) and periodontal diseases (gum diseases) are the most widespread chronic diseases worldwide and constitute a major global public health challenge. A review led by the Centers for Disease Control and Prevention (CDC) in 2018 uncovered that from 2015-2018 the complete level of untreated dental caries was 13.2% (for a long time somewhere in the range of 5 and 14) and 25.9% (for a long time between 20-44 years). The treatment of dental caries is costly, representing around 5-10% of the all-out use on medical services borne by created countries (Source: WHO).
As per the FDI World Dental Federation, the commonness of dental caries is essentially higher in the more youth population. The pervasiveness of dental caries in the 6-19 age bunch is pretty much as high as 60% to 80% in created nations across North America and Europe.
The incidence of product restrains the growth of the oral care market recalls in recent years. For example, in July 2018, Water Pik Inc. (US) willfully reviewed its Sonic-Fusion flossing toothbrush because of shopper reports of the item breaking down in the US. Reports showed that the charging base of the toothbrush was overheating with restricted dissolving and igniting, causing a gamble of shock or consumes. In October 2020, Sunstar America Inc. (SAI) (US) reviewed the organization's Paroex Chlorhexidine Gluconate Oral Rinse 0.12% (termination between June─September 2022) item because of conceivable tainting with Burkholderia lata. These risk factors could deter consumers from purchasing ancillary oral hygiene products such as mouth rinses/mouthwashes and could, in turn, restrict the growth of the overall market.
Oral Care Market Segment:
Based on Product, the toothpaste segment held the largest revenue share of over 25.0% in 2021. It is the most commonly used oral care product and is considered a necessity among people of all income groups. There are various kinds of toothpaste accessible in the market to take special care of the fluctuated inclinations of customers. For example, Colgate sent off Colgate Trolls Mild Bubble Fruit Toothpaste for youngsters. Furthermore, there are different sorts of brightening toothpaste accessible available.Colgate-Palmolive is leading the global toothpaste market with a large portfolio of whitening toothpaste. This is driving the toothpaste segment in the market.
Moreover, the presentation of Pepsodent and Closeup toothpaste as gels have expanded their adoption. Colgate-Palmolive is additionally producing tooth gels, for example, Colgate Sparkling White gel. Countless neighborhood players like Dabur, Himalaya, and Patanjali work in nations like China and India.
Regional Analysis:
North America
Europe
Asia-Pacific
South America
Middle East and Africa
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