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Rising Awareness Regarding Oral Diseases Fueling Market Growth of Oral Care Products – Fact.MR Study
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Oral Care Products market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Oral Care ProductsThe report offers actionable and valuable market insights of Oral Care Products. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Oral Care Products Market across various industries and regions.
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Market Snapshot
As per latest industry analysis published by Fact.MR, the global market for Oral Care Products reached around US$ 50 Bn in 2020, and is slated to accelerate at a CAGR of 5% to top US$ 70 Bn by 2031. Demand for toothbrushes is set to increase at a CAGR of 4% across the assessment period of 2021 to 2031.
Availability of innovative and attractive Oral Care Products products, huge investments in marketing and promotional activities to reach higher customer bases, and product developments carried out by prominent players are key factors driving market growth.
Rapidly changing lifestyles and improper diets, including sugar-rich diets, and increased consumption of alcohol and tobacco, have made oral health one of the major public health problems in almost every part of the world.
This newly published and insightful report sheds light on Market Insights of Oral Care Products, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Oral Care Products Market.
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Oral Care Products Market Segmentation by Category
Product
Toothpaste
Toothbrush
Mouthwash/Dental Rinse
Dental Floss
Dental Accessories
Distribution Channel
Hypermarket/Supermarket
Departmental Stores
Online Sales
Other Retail Formats
Region
North America
Latin America
Europe
Middle East and Africa (MEA)
East Asia
South Asia
Oceania
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Following excerpts from Fact.MR’s report on the global Oral Care Products market are crucial to the market’s future prospects
On the basis of products, the toothpaste segment is expected to account for the largest revenue share of the market. This segment is expected to grow at a CAGR of 4.5%. The toothbrush segment currently holds the second spot.
The toothbrush segment is projected to account for nearly one-fourth revenue share of the product type segment by the end of 2017.
Based of distribution channel, the hypermarket/supermarket segment is estimated to account for nearly half of the revenue share of the global Oral Care Products market by 2017-end. This is primarily owing to increasing construction of hypermarket/supermarket in emerging countries such as India and China.
Moreover, hypermarkets/supermarkets can accommodate massive stocks of oral products and also enable consumers to choose from a wide-range of options.
Meanwhile, departmental stores will remain the second largest distribution channel for Oral Care Products. The departmental stores segment is expected to surpass a market valuation of US$ 18,181 Mn over 2022, expanding at a CAGR of more than 5.2%.
The Oral Care Products market in Europe is expected to remain highly lucrative throughout the forecast period. The region’s market is expected to surge at a CAGR of over 5% between 2017 and 2022.
This is primarily owing to factors such as existence of a large patient pool, rapid adoption of new Oral Care Products and widespread prevalence of dental caries and other periodontal diseases in Europe.
Competition Tracking
Some of the prominent companies functioning in the global Oral Care Products market include The Procter & Gamble Company, Colgate-Palmolive Company, Unilever PLC, GlaxoSmithKline plc, Lion Corporation, Henkel AG & Co. KGaA, Koninklijke Philips N.V., The Himalaya Drug Company, and LG Electronics Inc.
Many of these player are actively focusing on product innovation and channelizing investments in research and development in order to increase their product portfolio. Players are trying to compete in various fronts, owing to the heterogeneous nature of the market.
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Key Question answered in the survey of Oral Care Products market report:
Sales and Demand of Oral Care Products
Growth of Oral Care Products Market
Market Analysis of Oral Care Products
Market Insights of Oral Care Products
Key Drivers Impacting the Oral Care Products market
Which are the Key drivers impacted by Oral Care Products market
Restraints Shaping Market Growth
Market Survey of Oral Care Products
More Valuable Insights on Oral Care Products Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Oral Care Products, Sales and Demand of Oral Care Products, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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