Oral hygiene awareness is one of the major contributors to market growth in the overall oral care market. 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 market.
Global Market Size –
The global oral care market is projected to reach USD 53.3 billion by 2025 from USD 44.5 billion in 2019, at a CAGR of 3.0%.
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Top Leaders –
•
Colgate-Palmolive Company (US) is a global leader in the toothpastes
and manual toothbrushes market. The company provides advanced oral care
products for kids and adults. High investment in R&D enables the
company to develop new and advanced toothpastes and toothbrushes for the
oral care market. The company invested approximately USD 289 million in
2016 in R&D. Though the company has a rich product portfolio of
toothpastes and toothbrushes, the company does not offer denture
products and prosthesis cleaning solutions.
• The Procter & Gamble Company (US) is a pioneer in the oral care market. P&G has a strong product portfolio comprising around ten category-based business units and about 65 brands. Its flagship products in the oral care market include Crest and Oral-B toothpastes and toothbrushes. The company aims to focus on the discovery and development of technologically advanced oral care products. For example, the company is currently focusing on the development of a smartphone-connected toothbrush, a device which gives personalized advice to people for brushing.
Some of the other players competing in this Oral Hygiene Market are Unilever plc. (UK), GlaxoSmithKline plc. (UK), Johnson & Johnson (US), Koninklijke Philips N.V. (Netherlands), GC Corporation (Japan), Dr. Fresh, LLC (US), 3M Company (US), Lion Corporation (Japan), Church & Dwight Co, Inc. (US), Sunstar Suisse S.A. (Switzerland), Ivoclar Vivadent AG (Liechtenstein), Henkel AG & Company, KGaA (Germany), Jordan AS (Norway), Panasonic Corporation (Japan), Dentaid Ltd. (UK), Kao Corporation (Japan), LG Household & Health Care Ltd. (South Korea), Dabur India Ltd. (India), The Himalaya Drug Company (India), Patanjali Ayurved Ltd. (India), Supersmile (US), Ranir, LLC. (US), Young Innovations, Inc. (US), and Ultradent Products, Inc. (US).
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Geographic Over view –
In
2019, the Asia Pacific is estimated to account for the largest share of
the Oral Hygiene Market, followed by Europe. The dominant share of the
Asia Pacific is attributed mainly to the rising geriatric population,
growing prevalence of dental diseases, increasing focus of prominent
players on emerging Asian countries, increasing healthcare expenditure
(coupled with the rising disposable income), rising awareness on oral
healthcare, and the willingness to spend more on dental care. Other
factors, such as the rising number of dental professionals, along with
the growing number of dental visits, will further support the growth of
the oral care market in this regional segment during the forecast
period.