Yahoo Finance Oral Care Market worth $54.9 billion by 2026 - Exclusive Report by MarketsandMarkets™
Chicago, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Oral Care Market size is projected to reach USD 54.9 billion by 2026 from USD 47.2 billion in 2021, at a CAGR of 3.1% during the forecast period, as per the recent report by MarketsandMarkets™. Factors such as the rise in the prevalence of dental diseases and the growing awareness about oral healthcare are expected to drive the growth of the oral care market.
Browse in-depth TOC on "Oral Care Market"
209 - Tables
51 - Figures
269 - Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80546246
In recent years, product innovation has enabled the development of technologically advanced and easy-to-use oral care products, such as electric, artificial intelligence-equipped (AI), and vibrating toothbrushes. Major players have also launched interactive toothbrushes equipped with position detection and motion sensor technologies. These toothbrushes screen the oral cavity to provide real-time guidance for brushing and maintaining oral health. Electronic toothbrushes have witnessed growing adoption across both developed and developing countries, such as Brazil, Italy, the US, France, and Japan.
In this report, the oral hygiene market is categorized based on the product, distribution channel, and region. Based on product category, this market is segmented into toothpaste, toothbrushes & accessories, mouthwashes/rinses, dental accessories/ancillaries, denture products, and dental prosthesis cleaning solutions. The toothbrushes and accessories segment is projected to register the highest CAGR during the forecast period. The high growth of this segment is mainly attributed to the increasing adoption of electronic and battery-powered toothbrushes.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=80546246
By distribution channel, the oral care market is broadly segmented into consumer stores, retail pharmacies, online distribution, and dental dispensaries. The online distribution segment is expected to witness the highest growth during the forecast period. The significant growth in the e-commerce sector owing to the increasing number of internet users and advantages, such as low costs, free deliveries, availability of multi-brand oral care products, and ease of purchasing and product comparison are key growth drivers for this segment.
Furthermore, in recent years, it has been observed that for the purchase of personal and beauty care products, traditional distributors, retailers, and pharmacies are being substituted by online distribution channels. Online traders provide ease of shopping and special discounts. A number of dental supply companies are introducing their own online websites that allow easier and faster order processing & fulfillment and help them increase their market presence. Moreover, they attract a large customer base through a number of offers and discounts.
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=80546246
Geographical Growth Scenario:
The oral hygiene market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific region is expected to witness the highest CAGR during the forecast period, owing to the rapid development of the healthcare industry in China & India, growth in the geriatric population, rising incidence of dental diseases, rising awareness about oral hygiene, increasing investments by key market players in this region, and the expansion of private-sector clinics with dental dispensaries in APAC.
Key Players in Oral Care Market are:
Colgate-Palmolive Company (US),
Procter & Gamble (US),
GlaxoSmithKline plc (UK),
Unilever plc (US), and
Koninklijke Philips N.V. (Netherlands).
Browse Adjacent Markets: Medical Devices Market Research Reports & Consulting
Browse Related Reports:
Dental Consumables Market by Product (Implants, Prosthetics, Orthodontics, Endodontics, Infection Control, Periodontics, Whitening Products, Finishing Products, Sealants, Splints), End-User (Dental Hospital & Clinic, Laboratory) (2022 - 2026)
Dental Equipments Market by Product (Dental Imaging Equipment (Panoramic, Sensor, Camera), Lasers, Diode Lasers, Dental Chairs, CAD/CAM, Handpieces, Dental Units, Casting Machines) & End User ( Laboratories, Hospitals, Clinics) - Global Forecast to 2026
CONTACT: About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com
