Overview:

The global oral care market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Oral care is treatment given to tooth and gums to maintain their health. It helps in the prevention of many diseases related to gums and teeth including cavity, periodontal diseases, oral cancers, and many more.

Untreated dental caries is a majorly observed dental issue across the globe. Also, severe periodontal disease, also known as gum disease is also majorly found dental issue around the globe.

Market Dynamics:

Increasing awareness about oral hygiene among individuals across the globe is a key factor driving growth of the global oral care market. Also, rising social media advertising is another major factor resulting in growth of the target market.

In addition, increasing cases of people suffering from oral diseases and rising prevalence of oral disease among children across the globe is augmenting growth of the target market. This is highly associated with lack of awareness and education among children about oral hygiene. For instance, according to statistics published by World Health Organization (WHO) in March 2020, the oral diseases affected nearly 3.5 Bn people across the globe in the year 2017. In addition, as per WHO, dental caries affect around 530 Mn children each year globally.

Furthermore, rising number of alcohol consumers, smokers, and growing preference for unhealthy food among individuals are some other factors leading to growth of various oral diseases. These are among the others factor propelling growth of the global oral care market. For instance, according WHO, diet high in sugar, tobacco consumption, and drinking alcohol are the major causes of oral disease.

Key Trends:

Rising focus on mergers and acquisition among key players for business growth is a key trend witnessed in the global oral care market. For example, in Jan 2020, Colgate-Palmolive Co. had announced the agreement for acquisition of Hello Products LLC, a leading oral care brand in the US.

In addition, in April 2020, Perrigo Company plc has completed the acquisition of oral self-care assets of High Ridge Brands Also, in January 2020, Ranir, subsidiary of Perrigo Company plc has completed the acquisition of assets of Steripod. Steripod is a leading toothbrush brand and tooth brush protector innovator of Bonfit America Inc.

Regional Analysis:

For detailed understanding of market dynamics, the global oral care market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominated the global oral care market in the year 2019 and is expected to maintain its dominance over the forecast period. This is owing to high consumer base in the region, growing income level of individuals, economic development, rising number of dentist, and increasing awareness about the oral hygiene among population.

However, the Europe and North America holds significant share in the global market and are expected to witness considerable growth over the forecast period. Rising oral cancer cases is a primary factor supporting growth of the oral care market in countries in these regions.

Scope of the Report:

Detailed Segmentation:

Global Oral Care Market, By Product Type:

• Toothpaste
• Toothbrush
• Mouthwash
• Dental Floss
• Denture Care
• Others (Chewing Gums, Whitening Strips, and Mouth Fresheners)

Global Oral Care Market, By Distribution Channel:

• Retail Stores
• Hypermarkets & Supermarkets
• Specialty Stores and Pharmacies
• Online/ E-commerce

Key Players Covered:

Key players operating in the global oral care market include, Dabur India Limited, Colgate-Palmolive Co., Procter & Gamble Co., Johnson & Johnson Inc., Church & Dwight Co., Inc., GlaxoSmithKline Plc., Lion Corporation, Sunstar Suisse S.A., Henkel AG & Co. KGaA, and Dr. Fresh LLC.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Oral Care Market by product type, distribution channel, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global oral care market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.