USD 17.6 billion
Report ID:
SQMIG30L2253 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|Tables:
64
|Figures:
75
Toothpaste Market size was valued at USD 17.6 billion in 2019 and is poised to grow from USD 18.06 billion in 2023 to USD 23.06 billion by 2031, growing at a CAGR of 2.5% in the forecast period (2024-2031).
Toothpaste has been essential to maintaining good oral care. For customers around the globe, maintaining proper oral health is crucial and incredibly vital. Oral care is adversely impacted by a variety of variables, including diet with added sugar, carbonated soft drinks, tobacco, etc. Among the most prevalent oral health problems affecting the populace include dental plaque and tartar. The rising rates of sensitivities, gingivitis, and cavity have increased the demand for toothpaste in both emerging and established countries due to which toothpaste has evolved into a fundamental necessity for maintaining oral hygiene. Because of this, toothpaste has the largest market in the oral hygiene industry.
Various types of toothpaste are currently available in the market such as toothpaste containing naturally-derived ingredients, whitening, and gel-based toothpaste, or toothpaste for people with tooth sensitivity. In the forthcoming years, these toothpaste categories will gain a larger share. The natural and herbal subset of the toothpaste industry is expanding more quickly as a result of a noticeable shift in customer interest in organic toothpaste.
In 2021, the highest portion of the global toothpaste market was contributed by the Asia Pacific. In the first quarter of the fiscal year 2021, India, a country in South Asia, produced close to 67000 metric tonnes of toothpaste. However, the highest CAGR is expected to occur in South and Central America during the projection period.
US Toothpaste Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 17.6 billion
Largest Segment
Adults
Fastest Growth
Children
Growth Rate
2.5% CAGR
To get more reports on the above market click here to Buy The Report
The global toothpaste market is segmented based on the type, end-user, and region. Based on type the market is segmented into conventional, teeth whitening, herbal, sensitivity, and others. Based on end-user the market is segmented into children and adults. Based on the region it is categorized into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Toothpaste Market Analysis by Type
In 2021, the conventional toothpaste market holds the highest share and is predicted to dominate the market over the forecast period. Since it addresses the key oral difficulties including bad breath, cavities, decay, and germs, which are some of the most prevalent oral hygiene problems among users, conventional toothpaste is highly popular all over the world.
The herbal, whitening, sensitive, and other toothpaste categories are growing in market share, due to customer demand for more specialized dental care alternatives. Like, the market for herbal toothpaste is fuelled due to the rising focus on oral hygiene and increasing anxiety over ingesting chemicals, typically containing fluoride and artificial sweeteners and dyes.
Toothpaste Market Analysis by End-Use
In 2021 adults represented a sizeable 83.5% of the market share due to adults ingesting more food items that are bad for their teeth. The negative effects of toxic items like alcohol and cigarettes on dental hygiene are well understood, which has increased demand for this market.
New brands are currently appearing on the market for toothpaste. Many companies are now diversifying their product lines to offer children-safe options. In the approaching years, the toothpaste market growth sector for children will probably continue to be the most lucrative.
To get detailed analysis on other segments, Request For Free Sample Report
The toothpaste market size in the Asia-Pacific was valued at USD 12.06 billion in 2021, and it is expected to reach a value of USD 16.95 billion by 2028, at a CAGR of 5.0% over the forecast period (2022-2028). The region with the highest toothpaste usage is the Asia Pacific. The largest consumer is the Asia Pacific, which has a high population density and accounts for 60% of the earth’s population. China is one of the most significant users of toothpaste in the Asia Pacific region. Strong consumer demand, rising oral health, hygiene awareness, and shifting habits are a few of the main drivers pushing the toothpaste market's expansion.
The toothpaste market size in the Middle East and Africa was valued at USD 2.03 billion in 2021, and it is expected to reach a value of USD 2.69 billion by 2028, at a CAGR of 4.1% over the forecast period (2022-2028). The Middle East and Africa are expected to show significant growth in the market. The area's expanding gum problem incidence, particularly in African countries, has positively impacted the region's growing demands for oral hygiene goods. In 2021, Saudi Arabia dominated the market in MEA. People's education regarding oral hygiene is severely lacking in Saudi Arabia, especially among the youth. In order to avoid hazardous viruses, the local authority and other private organizations are stepping up their efforts to promote oral hygiene.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Toothpaste Market Driver
Toothpaste Market Restraint
Request Free Customization of this report to help us to meet your business objectives.
The key players in the toothpaste market are working on continuous innovation and product portfolio enhancement for better quality. Being a mature business, the dental hygiene area presents the potential to dealers and retailers by giving consumers multifunctional toothpaste. For instance, toothpaste is now available that not only whitens teeth but also battles plaque, stains, bad breath, sensitivity, cavities, tartar, and gingivitis. For instance, in March 2021, Colgate-Palmolive India disclosed that the company worked with dentists and diabetes specialists to design and create Colgate for Diabetics, a unique toothpaste for persons with diabetes.
Top Players in the Global Toothpaste Market
Toothpaste Market Recent Development
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, the conventional toothpaste market, which has the most share in 2021, is expected to rule the market throughout the projected period. Due to adults consuming more foods that are hazardous to their teeth, adults made up a sizable 83.5% of the market in 2021. The Asia Pacific is the area with the largest toothpaste consumption. Africa and the Middle East are predicted to experience significant market expansion.
Report Metric | Details |
---|---|
Market size value in 2019 | USD 17.6 billion |
Market size value in 2031 | USD 23.06 billion |
Growth Rate | 2.5% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Toothpaste Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Toothpaste Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Toothpaste Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Toothpaste Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG30L2253
sales@skyquestt.com
USA +1 351-333-4748