The Oral Care Market was valued at US$ 31.34 Bn. in 2022. Oral Care Market size is estimated to grow at a CAGR of 6.9 % over the forecast period.
Oral Care Market Overview:
The Oral Care Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Oral Care Market, as well as the causes for variances in the industry’s growth in various places.
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Oral Care Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
Oral Care Market Drivers:
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 Segmentation:
by Product
Toothbrush
Toothpaste
Mouthwash/Rinse
Denture products
by Application
Home
Dentistry
by Distribution Channel
Consumer Stores
Retail Pharmacies
Online Distribution
Dental Prosthesis Cleaning Solutions
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Oral Care Market Key Players: The key players are
1. Colgate Palmolive Co. (New York, U.S.)
2. Unilever (London, U.K.)
3. Procter & Gamble Co. (Ohio, U.S.)
4. Henkel AG & Co. KG aA (Düsseldorf, Germany)
5. Johnson & Johnson (New Jersey, U.S.)
6. GlaxoSmithKline Plc. (Brentford, U.K.)
7. Lion Corporation (Tokyo, Japan)
8. Church & Dwight Co. Inc. (Ewing Township, U.S.)
9. Reckitt Benckiser Group Plc. (Slough, U.K.)
10. Patanjali Ayurved Limited (Haridwar, Uttarakhand, India
Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Oral Care market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
Key Questions Answered in the Oral Care Market Report are:
- Which sub-segment had the largest share in the Oral Care market?
- How is the competitive landscape of the Oral Care market in 2023?
- Which are the key drivers impacting the Oral Care market growth?
- Which region holds the maximum share in the Oral Care market?
- What will be the CAGR of the Oral Care market during the forecast period (2023-2029)?
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