The Oral Care Market is projected to reach
$58.99 billion by 2031, growing at a CAGR of 7.4% from 2024 to 2031. This
growth is driven by the increasing prevalence of gum diseases and dental
caries, rising awareness of oral health and hygiene, growing demand for dental
aesthetics, and the shift towards eco-friendly and natural oral care products.
Additionally, technological advancements in oral care products are creating
significant opportunities for market players.
Free Download
sample report here:
https://www.meticulousresearch.com/download-sample-report/cp_id=5927
Key Growth
Drivers
Increasing
Prevalence of Gum Diseases and Dental Caries
Oral diseases affect nearly 3.5 billion people
globally, with untreated caries being the most common dental condition. Factors
such as smoking, poor oral hygiene, and chronic conditions like diabetes
contribute to periodontal diseases. For instance, people with diabetes are at
higher risk for gum infections, which can lead to tooth decay and other
complications. The rising prevalence of these conditions is expected to drive
the demand for effective oral care products.
Rising
Consumer Awareness of Oral Care Products
Heightened awareness about the importance of
oral hygiene is leading to increased demand for oral care products. Companies
are launching new products and public health initiatives to educate consumers.
For example, Colgate-Palmolive launched a global health initiative in 2022 to
improve oral health awareness and committed over $100 million to this cause
over five years. Such efforts are boosting the adoption of oral care products
worldwide.
Emerging
Market Trends
Adoption of
Electric Toothbrushes
Electric toothbrushes are becoming
increasingly popular due to their superior plaque removal capabilities compared
to manual toothbrushes. They offer advantages such as ease of use, especially
for individuals with physical disabilities, and advanced features like pressure
sensors and Bluetooth connectivity. Recent product launches, like CURADEN AG's
Samba electric toothbrush, highlight the growing trend towards advanced oral
care technologies.
Skincare-inspired
Oral Care Products
The integration of skincare concepts into oral
care is gaining traction, with products like tooth creams and masks containing
ingredients such as collagen and probiotics. This trend reflects a growing
consumer preference for treating teeth with the same care as skin, leading to
the development of innovative oral care products.
Market
Opportunities
Shift
Towards Natural and Herbal Oral Care Products
Consumers are increasingly opting for natural
and eco-friendly oral care products. These products, which include toothpaste,
toothbrushes, and mouthwashes, offer benefits such as sustainable production,
better efficacy against bacteria, and gentleness on gums and teeth. According
to AlixPartners, 64% of consumers prioritize purchasing natural personal care
products, indicating a significant market opportunity.
Browse
in depth: https://www.meticulousresearch.com/product/oral-care-market-5927
Market
Analysis: Key Findings
By Product:
Toothpastes to Dominate
In 2024, the toothpaste segment is expected to
account for the largest share of 51.60% of the oral care market. This is due to
rising awareness of oral health, a shift towards natural products, and the
growing prevalence of dental caries and gum diseases. However, the toothbrush
segment is projected to register the highest CAGR of 7.90% during the forecast
period, driven by the adoption of electric toothbrushes and other advanced
products.
By Age
Group: Adults to Lead
The adult segment is expected to account for
the largest share of the oral care market in 2024. This is attributed to the
high prevalence of gum problems in adults and their greater awareness of oral
health. Adults also have easier access to resources and frequently visit dental
practitioners, contributing to the segment's dominance.
By End
User: Supermarkets/Hypermarkets to Dominate
Supermarkets and hypermarkets are expected to
account for the largest share of 32.40% of the market in 2024. The growth is
driven by the wide availability of oral care products, reasonable prices, and
frequent discounts. These stores offer a convenient shopping experience,
further boosting their market share.
Geographical
Analysis
North
America to Dominate
In 2024, North America is expected to hold the
largest share of 31.10% of the oral care market. The region's dominance is due
to the presence of leading manufacturers, support from government authorities,
high prevalence of dental caries, and advanced distribution channels. However,
the Asia-Pacific region is projected to register the highest CAGR of 7.90%
during the forecast period, driven by favorable government initiatives,
increasing disposable incomes, and high prevalence of dental conditions.
Quick buy:
https://www.meticulousresearch.com/Checkout/75542967
Key
Companies
Leading players in the oral care market
include Colgate-Palmolive Company, GlaxoSmithKline plc, Koninklijke Philips
N.V., Johnson & Johnson, Procter & Gamble, Unilever plc, Ultradent
Products, Inc., M+C Schiffer GmbH, Dabur India Limited, GC Corporation, Lion
Corporation, Church & Dwight Co., Inc., Arcadia Consumer Healthcare, Inc.,
and Haleon plc. These companies are focusing on product innovation and
strategic initiatives to strengthen their market position.
Contact
Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Comments
Post a Comment