The global oral care market size
is anticipated to reach USD 40.9 billion by 2025, according to a new report by
Grand View Research, Inc., exhibiting a 5.0% CAGR during the forecast period.
Growing awareness among people regarding oral hygiene and increasing incidence
of dental caries has led to market growth.
Rising awareness about
dental hygiene, in both developed as well as developing regions, can be
attributed to various awareness programs initiated by major players. For
instance, in 2015, Oral-B and Crest partnered with the Hispanic Dental
Association to improve access to oral care education among Hispanics in U.S.
Growing incidence of
dental caries is also accelerating product demand. Children in particular, are
more prone to dental caries due to unhealthy food habits. On the other hand,
geriatric population is more prone to a number of oral diseases, which further
propels the market.
New product development
is another significant factor influencing the market. Recent innovations, such
as powered toothbrushes, have revolutionized the market. Availability of
different dental accessories is also contributing to market growth.
Access Research Report of Oral Care Market@ www.grandviewresearch.com/industry-analysis/oral-care-market
Further key findings from the study suggest:
· In 2017, the toothpaste segment dominated
the market on the basis of product; it is, however, projected to lose market
share by 2025
· The toothbrush segment is expected to show
lucrative growth over the forecast period and emerge as the dominant segment by
2025. This can be attributed to availability of a wide range of innovative
designs, such as electric and battery-powered toothbrushes
· The denture products segment is anticipated
to witness significant growth over the forecast period thanks to high demand
for related products such as adhesive creams and cleaners
· Asia Pacific held the largest market share
in 2017 and is also expected to exhibit the fastest growth over the forecast
period. This is due to rising awareness about oral health among people,
especially in developing countries such as India
· Europe is the second largest market and is
driven by rising geriatric population and high prevalence of tooth decay
· Some of the key players are Procter &
Gamble Company; Johnson & Johnson Consumer, Inc.; Colgate-Palmolive;
GlaxoSmithKline; Church & Dwight Co., Inc.; Dr. Fresh, LLC; Dentaid; Lion
Corporation; and Sunstar Suisse S.A.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/medical-devices
Grand View Research has
segmented the global oral care market on the basis of product and region:
Oral Care Product Outlook (Revenue, USD Million, 2014 -
2025)
·
Toothbrush
·
Toothpaste
·
Mouthwash/rinse
·
Denture Products
·
Dental
Accessories
·
Others
Oral Care Regional Outlook (Revenue, USD Million, 2014 -
2025)
·
Asia Pacific
·
Europe
·
North America
·
Latin America
·
MEA
Access Press Release of
Oral Care Market@ www.grandviewresearch.com/press-release/global-oral-care-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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