Increase in Several Dental Diseases Expected to Boost Oral Care Market - Projected to Grow with a CAGR 5.6% from 2022 to 2028
As stated in our extensive report; providing insights on Key Drivers, Key Restraints, Segments (i.e., By Product, Product Type, and Application and Region); the Global Oral Care Market accounted for USD 32.1 Billion in the year 2021.
The growing prevalence of mouth cancer and periodontal diseases, in addition to tooth caries, has led to an upward thrust in the demand for oral care products which include toothpaste, and toothbrushes, in addition to mouth rinses worldwide. The huge migration of working people from the city to rural regions is affecting the production manner of oral hygiene items. Manufacturers have been dealing with troubles that include accelerated uncooked fabric costs, disruptions in the delivery of packaging materials, and the distribution of those groceries to the retailers. The decline in the buying power of humans because of the results of employment or enterprise loss throughout the COVID-19 outbreak has barely bogged down the demand for those objects.
However, during the pre-COVID-19 period, consumption of hygiene and non-public care object increased significantly due to consumers' fear of loss of availability and access to those objects. Prominent organizations are anticipated to get back their misplaced sales from such objects within the post-pandemic length because of the authorities' policies of putting off the lockdown restrictions. Large exertions of migration within the rural vicinity in conjunction with the availability of monetary aid via the means of the authorities for such migrants have barely lifted the intake of such objects in rural regions.
The major driver of the Oral Care Market is the rise in cases of dental diseases. Tooth decay (dental caries) and periodontal diseases (gum diseases) are the most widespread chronic diseases globally and represent a primary worldwide public fitness challenge. Researchers have discovered that from 2015-to 2018, the full percentage of untreated dental caries turned into 13.2% (for a long time among five and 14) and 25.9% (for a long time among 20-44 years). The treatment of dental caries is expensive, accounting for around 5–10% of the full expenditure on healthcare borne by advanced nations (Source: WHO). Also, the developing trend of online shopping is supported by the growing number of Internet users.
Asia Pacific holds the largest share in the Oral Care Market and is expected to continue this trend in the forecast period. This is owing to the increase in awareness regarding dental hygiene and the overall oral health importance among people.
Some of the key players in the Global Oral Care Market include- Procter & Gamble Company, Johnson & Johnson Services Inc., Colgate-Palmolive Company, GlaxoSmithKline PLC, Church & Dwight Co. Inc., Dr. Fresh LLC, Dentaid, Lion Corporation, Sunstar Suisse S.A. and others.
Browse the full Report - Oral Care Market Size, Share & Trends Analysis Report by Product (Toothbrush, Toothpaste, Mouthwash/rinse, Denture Products), by Product Type (Countertop, Cordless), by Application (Home, Dentistry), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)