Press release
Oral Care Market Increasing Demand and Emerging Economies led by Procter and Gamble, Colgate-Palmolive Company, Church and Dwight, High Ridge Brands, Unilever, GlaxoSmithKline, Sunstar Suiss
Oral care have made progress in the last few years, harnessing technology for the supplement or increasing advanced technology. The newly toothbrushes are used independently or in concert with mobile apps for the optimization of user care and health outcomes. The report would be of an interest to various stakeholders operating in the oral care. These stakeholders include online distributions, consumer stores, medical manufactures and suppliers, academic & research institutes, medical care products manufacturers and vendors, distributors and others.Oral Care Market to 2025 - Global Analysis and Forecasts By Product (Toothpastes, Toothbrushes and Accessories, Mouthwashes/Rinses, Denture Products, Dental Accessories/Ancillaries, Dental Prosthesis Cleaning Solutions, Other Dental Products), Distribution Channel (Consumer Stores, Retail Pharmacies, Online Distribution and Dental Dispensaries) and Geography
Major Market Developments-
According to the State of Oral Health in Canada, it was estimated that 2.26 million school-days are missed each year due to dental-related illness and tooth decay in children between the ages of 1 and 5. Moreover, according to the Canadian Cancer Society, 4,700 Canadians were diagnosed with oral cavity cancer, 1,250 died with the same disease, in 2017. Periodontal disease and dental caries are the most prevalent dental diseases that affect most of the Indian population. Due to the increased in the dental workforce and drastic changes in the dental sector, the rate of oral diseases has been reduced in the region. In order to overcome the rate of oral & dental diseases, the government of India initiated a National Oral Health Programme to provide complete & combined oral health care facilities in the country. In addition, the government created several programs in Brazil, such as the Family Health Program, the Bolsa Família Program and the Brazilian Conditional Cash Transfer (CCT) Program, in order to reduce the social and health inequalities in the country.
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The global oral care market is expected to reach US$ 60,804.8 Mn by 2025 from US$ 42,689.6 Mn in 2017. The market is estimated to grow with a CAGR of 4.6% during the forecast period from 2018 to 2025.
Key Players operating the Global Oral Care Market-
1. Johnson & Johnson Services, Inc.
2. Koninklijke Philips N.V
3. Lion Corporation
4. Procter & Gamble
5. Colgate-Palmolive Company
6. Church & Dwight Co., Inc.
7. High Ridge Brands Co.
8. Unilever
9. GlaxoSmithKline plc.
10. Sunstar Suisse S.A
A number of developments have taken place within recent years in the oral care market. These developments comprise of both the organic and inorganic developments contributed by the company to increase the business and revenue generation in the market. For instance, in November 2017, Phillips entered into a partnership with Dutch health insurer ONVZ to provide strategic cooperation focused on oral care prevention. The launch of new products and programs by the manufacturers of oral care are also expected to accelerate the growth of the oral care market. On the other hand, growing advanced techniques in the emerging economies and increasing demand for oral care products is expected to provide novel growth opportunities for the oral care market players in the coming years.
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The growth of the oral care market is primarily attributed to the rising prevalence of oral diseases, increasing technological advancements in oral care products and raising awareness for oral hygiene are the major factors that anticipated to propel the growth for the oral care market in the forecast period. However, the competitive pricing pressure faced by prominent players is expected to act as major challenges hindering the oral care market growth to a certain extent.
The objective of the study is to describe, define, and forecast the oral care market by product, distribution channel, and region. The report also provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall oral care market.
Key Benefits-
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global oral care market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
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About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
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Phone : +1-646-491-9876
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