360 Research Reports offers the latest published report on “Global Oral Care Market Size – Segmented by Product Type, Distribution Channel (Convenience Stores, Department Stores, On-line Retail, Pharmacies, Specialist Retailers etc.) and Geography – Growth, Trends, and Forecast (2019 – 2023).” delivering key insights and providing a competitive advantage to clients through a detailed report.
Global Oral Care Market 2019-2023 considers the past, current and future state of the industry while encapsulating modest landscape analysis, manufacturers, marketing strategies, industry effect factor analysis. An unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas has been included to help stakeholders to device and align Oral Care market strategies according to the current and future market. All enterprise profiles of the main players and brands are shown in this research. The report presents the drivers and restrictions of the market that have been explained by SWOT analysis.
Oral Care Market Segmentation by Major Players:
Colgate-Palmolive Company, Procter & Gamble Co., GlaxoSmithKline Plc, Johnson & Johnson Services Inc, Unilever Plc, Hawley & Hazel (Bvi) Co. Ltd., Sunstar Suisse S.A., Lion Corporantion, Yunnan Baiyao Group Co., Ltd., Church & Dwight Co., Inc., LG Corporation, Henkel AG & Co KGaA
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Overview of Oral Care Market Report:
The Global Oral Care market is expected to reach USD 54.6 billion by 2023, witnessing a healthy CAGR during the forecast period. Asia-Pacific holds the major share in the global Oral Care market. About 13.8 billion units of Oral Care consumed in 2017, which is growing at a steady CAGR. Increased concern among consumers to maintain oral health has primarily driven the market. Rising oral health problems among children owing to poor dieting habits is another major factor fueled the market growth. Oral hygiene is primarily focusing on teeth and mouth care.
Technological Innovation Focusing on Eradicating Root cause of Oral Health Issues
Many multinational companies are investing in technology-based R&D to innovate products which provide a complete solution to dental health issues. Gum problems and plaque build-up are the primary cause for the majority of dental related issues such as gum bleeding and inflammation. Recently in Feb 2019, Procter & Gamble’s (P&G) oral care brand Crest launched new toothpaste product Gum Detoxify which helps in improving tooth gum health. The new activated foam technology helps to ensure the even care of gums and teeth before and after brushing. Just after the innovative launch of P&G, GSK launched Sensodyne Rapid Relief toothpaste in March 2019 in the US. The product formulated with stannous fluoride helps in relieving tooth-sensitivity pain within three days. The company also advanced its Aquafresh Kids range of toothpaste in the UK, which is specially designed for children aged 9-12-year old to provide expert protection to teeth.
Asia-Pacific is the Largest Oral Care Market
Asia-Pacific oral care volume sale is expected to reach 7,907 million units by 2023, witnessing the fastest growth rate. China and India remain the key market for oral care products driven by increased population and routine oral care. Malaysia, South Korea, and Indonesia have recorded a slow volume growth during the forecast period. Middle East & Africa is the fastest growing region for oral care sale regarding volume and value. South America is witnessing the fastest value CAGR, which is mainly attributed to the high unit price due to inflation.
Supermarkets Recorded the Fastest Growth
Convenience stores are offering tough competition to supermarket sales with its vigorous expansion in the developing region. Online retail accounts for a significant share of the market which witnessed a value CAGR of 3.8% during 2012-2017. Amazon which is the global leader in online retail recorded an impressive growth in oral care products sale in the US alone. In 2017, Amazon observed significant growth in oral care sale in the US. Variety stores is another significant sales channel globally which recorded an increase of 36% in its value sales during 2012-201
Oral Care Market Key Developments
January 2019 – Global leader in Oral care Colgate, advanced its electronic toothbrush with Artificial Intelligence. The company launched the new Colgate® Smart Electronic Toothbrush E1 with Artificial Intelligence in the US on Apple.com and selected Apple Stores. The new AI brush features real-time sensors and artificial intelligence algorithms to detect brushing effectiveness in 16 zones of the mouth.
May 2017 – Unilever’s signed an agreement to acquire the personal care brand of Quala in South America. Quala oral care brand Fortident is the second largest oral care brand in Colombia and Ecuador.
The global Oral Care market is competitive with a large number of multinational player competing for market share. New product innovation focus on active ingredients is the main strategy adopted by players.
Major players include – COLGATE-PALMOLIVE COMPANY, PROCTER & GAMBLE CO., GLAXOSMITHKLINE PLC, JOHNSON & JOHNSON SERVICES INC, and UNILEVER PLC amongst others
Reasons to Purchase Oral Care Market Report
Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis
Market dynamics scenario, along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
Distribution Channel sales Analysis by Value
Competitive landscape involving the market share of major players, along with the new product launch and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information,
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Reasons to Purchase Oral Care Market ReportAnalyzing the outlook of the market with the recent trends and Porter’s five forces analysisMarket dynamics scenario, along with growth opportunities of the market in the years to comeMarket segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspectsRegional and country level analysis integrating the demand and supply forces that are influencing the growth of the marketMarket value (USD Million) and volume (Units Million) data for each segment and sub-segmentDistribution Channel sales Analysis by ValueCompetitive landscape involving the market share of major players, along with the new product launch and strategies adopted by players in the past five yearsComprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategy employed by the major market players3-month analyst support, along with the Market Estimate sheet in excel
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Important factors that are mentioned in the Oral Care Market report 2023…
Key Market Dynamics: The Global Oral Care Market research report provides complete forecasts on the latest market trends, development methods, and research methodologies. Some of the factors that are directly in affecting the market including the Strategic Production and Methods, development platforms, and the product model itself, and even a minute change within the product profile would result in a huge amount of changes within the mentioned factors. All of these factors are explained in detail in the research study.
Major Growth Prospects: The report also focuses on some of the Key growth prediction, including new product launches, Mergers and Acquisitions, Research and Development, joint ventures, collaborations, agreements, partnerships, and growth of the key Manufacturers working effectively in the market, both in terms of regional and global scale depending on geography.
Key Market Highlights: The report gives us an in-depth Market analysis on some of the Oral Care Market key factors, including revenue, cost, capacity, capacity utilization rate, production, production rate, consumption, supply, demand, Market share, CAGR, and gross margin. Additionally, the report presents a comprehensive study of the market growth factors and their latest trends, along with related Market sections and subsections.
Potential Customers: The Oral Care Market report provides significant insights to readers, service providers, suppliers, distributors, manufacturers, stakeholders, and individuals who are interested in evaluation and self-studying the Oral Care market.