Dublin, Sept. 08, 2023 (GLOBE NEWSWIRE) -- The "Oral Care Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
Major players in the oral care market are Procter & Gamble Co, Johnson & Johnson Services Inc., GlaxoSmithKline, Church & Dwight Co Inc., Colgate Palmolive Co, Unilever , Sunstar Suisse, Lion Corporation, Dr Fresh, Dentaid Research Center, Koninklijke Philips NV, Oral-B Laboratories Ltd., Henkel AG & Co KG Aa, Amway, Dabur and Jordan AS.
The global oral care market grew from $41.33 billion in 2022 to $44.51 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%.
The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The oral care market is expected to grow to $58.56 billion in 2027 at a CAGR of 7.1%.
The oral care market includes revenues earned by entities by tooth-whitening products and denture care materials. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Oral care is crucial for maintaining good oral health, lowering the risk of infection and inflammation in the oral cavity, and preventing systemic infection from the oral cavity.
Asia-Pacific was the largest region in the oral care market in 2022. The regions covered in the oral care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main product types of oral care are toothpaste, mouth wash and rinse, teeth whitening, dental floss, toothbrush, and orthodontic wax. Toothpaste is used to clean, maintain, and improve the appearance and health of teeth. Toothpaste is a paste or gel dentifrice used to remove food particles and dental plaque from the teeth, control halitosis, and supply active chemicals that fight tooth decay and gum disease. The oral care products are distributed through stores and non-store based. These products are used by hospitals and dental clinics.
Increased awareness of dental health care is significantly contributing to the growth of the oral care market. Dental or oral health includes teeth, gums, and mouth and aims to keep the mouth healthy and avoid gum disease and tooth decay. Various factors, including sugar consumption, cigarette use, alcohol use, and poor oral hygiene, are the root causes of oral diseases.
Oral care helps to maintain hygiene and keep the mouth disease free. According to the 2022 State of America's Oral Health and Wellness Report, a US-based association that provides crucial education and research and supports key policies to prevent dental disease, 92% of adults and 96% of parents say maintaining good dental health is very important for overall health. One in five (20%) persons think that a problem with their oral health directly impacted their general health. Therefore, awareness of dental health care drives the oral care market growth.
Technological advancement is a key trend in the oral care market. Major players in the oral care market are adopting CAD/CAM technology for providing oral care services. CAD stands for "computer-assisted design" that uses computer-based software to assist in design processes and producing two-dimensional (2-D) drawings and three-dimensional (3-D) models.
Computer-Assisted Manufacture (CAM) helps to automate a production process via software and computer-controlled equipment. In oral care with CAD/CAM technology, the tooth is prepared for the crown by drilling it and then a computer image is taken. The crown is made in-office using a machine that receives this image. For instance, in February 2022, Planmeca, a US-based dental imaging and CAD/CAM equipment manufacturer, introduced the PlanmecaPlanMill 35. The new PlanmecaPlanMill 35 is one of three components of the Planmeca FIT CAD/CAM system.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
A selection of companies mentioned in this report includes
- Procter & Gamble Co
- Johnson & Johnson Services Inc
- GlaxoSmithKline
- Church & Dwight Co Inc
- Colgate Palmolive Co
For more information about this report visit https://www.researchandmarkets.com/r/jpdwf2
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