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Oral Care Products Market Overview 2023-2031: Forecast Market Size, Top Trends and Opportunities as Per the Business Research Company's - US$ 94.1 Bn Global Market Report 2031

02-21-2024 04:06 PM CET | Consumer Goods & Retail

Press release from: Transparency Market Research

Oral Care Products Market

Oral Care Products Market

With oral health being a crucial component of overall well-being, the global oral care products market has witnessed remarkable growth in recent years. Valued at US$ 54.3 billion in 2022, the market is projected to experience a robust CAGR of 6.5% from 2022 to 2031, reaching a staggering US$ 94.1 billion by the end of the forecast period. This growth is fueled by various factors such as increasing awareness about oral hygiene, the prevalence of dental diseases, and innovations in oral care products.

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Key Players and Market Developments
Prominent players operating in the global market include Koninklijke Philips N.V, Procter & Gamble, Unilever plc, Johnson & Johnson Consumer, Inc., Colgate-Palmolive, GlaxoSmithKline, Lion Corporation, Danaher Corporation, and Henkel AG & Co. KGaA.

Market Dynamics:

Rising Demand for Oral Care Products: The global market is witnessing a surge in demand for oral care products including toothpaste, toothbrushes, and mouthwashes. Factors such as the growing adoption of electric toothbrushes, charcoal-based oral care products, and teeth-whitening solutions are driving market expansion.

Prevalence of Oral Diseases: Poor oral hygiene practices, coupled with factors like insufficient exposure to fluoride and high consumption of sugary foods, contribute to the increasing prevalence of dental diseases worldwide. This has led to a rise in the demand for oral care products aimed at preventing and managing conditions such as tooth decay and gum diseases.

Innovations and Investments: Key players in the oral care products market are focusing on innovation and investments in marketing to expand their product portfolios and cater to evolving consumer needs. Start-ups are also entering the market with low-cost oral hygiene products, further intensifying competition and driving market growth.

Market Segmentation:

Toothpaste Segment: Toothpaste remains the largest segment in the oral care products market, with various types of whitening toothpastes gaining popularity. Market leaders like Colgate-Palmolive dominate the global market, while local players thrive in developing countries, offering regional brands to cater to diverse consumer preferences.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ | ๐ˆ๐ฆ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž ๐š๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=267

About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Contact Us

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

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