Changing Trends in Dental Health and Future Growth of Global Oral Care Market
According to research report the global oral care market
is projected to reach USD 53.97 billion by 2022 from USD 43.31 billion
in 2017, at a CAGR of 4.5%. Factors such as the growing awareness
regarding oral hygiene, rising incidence of dental caries and other
periodontal diseases, and technological advancements in oral care
products are the key drivers of this market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80546246
In
this report, the market is segmented on the basis of product,
distribution channel, and region. On the basis of product, the global
oral care market is segmented into toothpaste, toothbrushes and
accessories, mouthwashes/rinses, denture products, dental
accessories/ancillaries, and dental prosthesis cleaning solutions. The
toothbrushes and accessories segment is expected to register the highest
CAGR during the forecast period. Growing innovation in toothbrushes and
rising adoption of technologically advanced toothbrushes are fueling
the growth of this segment.
Based on distribution channel, the
market is segmented into consumer stores, retail pharmacies, online
distribution, and dental dispensaries. The online distribution segment
is expected to grow at the highest rate during the forecast period. The
significant growth in e-commerce sectors owing to the expanding number
of internet users is a key growth driver for the online distribution
segment.
Geographically, the oral care market in the Asia-Pacific
(APAC) region is expected to register the highest CAGR during the
forecast period. Growth in this regional segment is largely driven by
the large population, rising incidence of dental caries, increasing
awareness of dental hygiene, and rising disposable incomes in emerging
countries in this region.
Request For Report Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=80546246
Emerging
markets such as India and China have higher potential for the growth in
the oral care market due to the low penetration rates and low
per-capita consumption of toothbrushes and toothpaste. Factors such as
rising oral health awareness, increasing disposable incomes (which
increases the willingness to spend on premium and advanced oral care
products), change in consumer habits (brushing twice daily, replacement
of toothbrush within 2-3 months), and increasing penetration of
toothpastes and toothbrushes in the rural areas are expected to boost
the adoption of oral care products in these countries; generating a
significant growth opportunity for the players competing in the global
oral care/ oral hygiene market in future.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
sales@marketsandmarkets.com
Comments
Post a Comment