The Factors such as the rising awareness about oral hygiene, growing
incidence of dental diseases, and technological advancements in oral
care products are expected to drive the growth of the Oral Care Market.
Increasing the online purchase of oral care products is expected to
create new growth opportunities for players operating in this market.
According to the new market research report the Oral hygiene Market is projected to reach USD 53.3 billion by 2025 from USD 45.8 billion in 2020, at a CAGR of 3.1%.
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By distribution channel, the Oral Hygiene Market
is segmented into consumer stores, retail pharmacies, dental
dispensaries, and online distribution. Online distribution is expected
to grow at the fastest CAGR in the forecast period in this segment. This
high growth can be attributed to the increase in the number of
e-commerce platforms focused on oral care/oral hygiene products, better
convenience and availability of a variety of products through this
channel along with proper discounts.
Based on product, the market
is categorized into toothpaste, toothbrushes & accessories,
mouthwashes/rinses, denture products, dental accessories/ancillaries,
and dental prosthesis cleaning solutions. In 2019, the toothpaste
segment was expected to account for the largest share of the Oral
hygiene Market. The large share of this segment can primarily be
attributed to the enormous adoption of toothpaste for maintaining oral
hygiene, the treatment of dental caries, and its use in post-surgical
procedures.
In 2019, the Asia Pacific was 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 increasing
disposable income), raising awareness on oral healthcare, and the
willingness to spend more on dental care. Other factors, such as the
growing number of dental professionals, along with the increasing number
of dental visits, will further support the growth of the Oral hygiene
Market in this regional segment during the forecast period.
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The key players operating in the Oral Care Market
include Colgate-Palmolive Company (US), The Procter & Gamble
Company (US), GlaxoSmithKline PLC (UK), Unilever PLC (UK), Koninklijke
Philips N.V. (Netherlands), Johnson & Johnson (US), GC Corporation
(Japan), 3M Company (US), Lion Corporation (Japan), Church & Dwight
Co., Inc. (US), Sunstar Suisse S.A. (Switzerland).