Toothpaste Industry, Types, Regions and Application Research Report Forecast to 2027
Market Overview
The Toothpaste Industry can secure a decent growth rate of 4.80% between 2018 and 2025 (analysis period). The market size is also touted to reach USD 21,642 Million by 2025
Market Dynamics
Oral health is one of the top consumer concerns, with a variety of factors such as high-sugar foods, carbonated beverages, and smoking all having a negative impact on oral health. Plaque and tartar are two of the most frequent oral health problems that people face. Tartar affects more than half of the adult population. In addition, the rising prevalence of cavities, gingivitis, and sensitivity has boosted toothpaste consumption in both developing and established economies. As a result, toothpaste has become a necessary component of oral hygiene and wellness. As a result, toothpaste has the largest market share in the oral care sector.
Tartar affects a large portion of the adult population, particularly the younger age. Furthermore, rising demand for toothpaste in developing and developed nations has been bolstered by rising need for cavities, gum disease, and sensitivity. As a result, toothpaste has become a necessity for maintaining mouth health and cleanliness. As a result, toothpaste has the largest market share in the oral care industry.
Segmental Analysis
In order to evaluate the toothpaste manufacturing, it is divided into smaller areas such as type and distribution channels.
The market has both store-based and non-store-based distribution channels. The hypermarket/supermarket group had the largest market share since the majority of people prefer to shop for groceries at hypermarkets/supermarkets; also, stores offer a dedicated shelf for different products where discovering and purchasing them is simple.
Regional Analysis
The market has been categorised based on applications, kinds, and geographies, according to Toothpaste Industry Forecast.
The Toothpaste Industry in North America has been rapidly growing, owing to players' efforts to extend their product portfolios and innovate in terms of new flavours that pique customers' interest. The regional market is being propelled forward by substantial advertising efforts and promotions to raise brand awareness, notably on well-known social media channels. Another major beneficiary of the North American economy is Canada.
Competitive Landscape
To grow their market share, gain profitability, and stay competitive in the industry, players in the global Toothpaste Industry have used a variety of development tactics, including product launches, geographic expansion, and acquisitions.
Dabur India Ltd., D.R. Harris & Co Ltd., LG Household & Health Care Ltd., Procter & Gamble, Johnson & Johnson Services Inc., Hawley & Hazel (BVI) Co Ltd., Coswell SpA, Church & Dwight Co., Inc., Unilever PLC, The Himalaya Drug Company, CCA Industries, Inc., GlaxoSmithKline plc, Colgate-Palmolive Company, Henkel AG & Co. KGaA, and 3M are major players currently working in the global Toothpaste Industry.
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