The 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), & Region - Global Forecast to 2026" The oral care 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 major factors driving the oral care market during the forecast period include the rising incidence of dental diseases, the rising number of practicing dentists on a global scale, and technological advancements in oral care products. On the other hand, product recalls for the oral care market are expected to restraint market growth.
Browse 209 market data Tables and 51 Figures spread through 269 Pages and in-depth TOC on "Oral Care/ Hygiene Market by Product (Toothbrush (Manual, Electric, Battery), Toothpaste (Pastes, Gels, Powder, Polish), Breath Freshener, Rinse) & Distribution Channel (Consumer Stores, Retail Pharmacy, e-Commerce), & Region - Global Forecast to 2026"
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Toothpastes segment dominated the market in 2020.
The toothpastes segment occupied a larger share of the oral care market in 2020. The large share of this segment can be attributed to the high adoption of toothpastes for the maintenance of oral hygiene and the growing awareness of the utility of these products in the prevention of dental caries.
By distribution channel, the online distribution channel segment expected to grow at the highest CAGR in 2020.
The consumer stores segment accounted for the larger share of the oral care market in 2020. However, the online distribution channel segment is expected to grow at the highest CAGR in the forecast period. This high growth can be attributed to the increasing number of internet users and advantages such as low costs, free deliveries, availability of multi-brand oral care products, and the convenience of purchasing along with product comparison.
Asia Pacific to occupy the largest share in the oral care market in 2020
The oral care market is segmented into five major regions, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa. Asia Pacific accounted for the largest share of the oral care market in 2020. The segment is also expected to exhibit the highest CAGR during the forecast period. 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. are favorable factors for market growth in this region.
Key Market Players:
The prominent players in the global oral care market include Colgate-Palmolive Company (US), Procter & Gamble (US), GlaxoSmithKline plc (UK), Unilever plc (US), and Koninklijke Philips N.V. (Netherlands).
These companies adopted strategies such as product launches, business expansions, agreements, partnerships, collaborations, and mergers / acquisitions to strengthen their presence in the oral care market.
Don’t miss out on business opportunities in Oral Care/ Hygiene Market. Speak to our analyst and gain crucial industry insights that will help your business grow.These companies adopted strategies such as product launches, business expansions, agreements, partnerships, collaborations, and mergers/acquisitions to strengthen their presence in the oral care market.
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