Published Date: 24-Jun-2021
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According to a new report Global Toothpaste Market, published by KBV research, The Global Toothpaste Market size is expected to reach $29.3 billion by 2027, rising at a market growth of 5.8% CAGR during the forecast period.
Conventional toothpaste is higher in demand around the world. Conventional toothpaste is the most complex oral hygiene product. The whitening toothpaste segment is likely to show significant growth in the coming years. This is due to the increasing need to augment esthetics. Whitening toothpaste is also high in demand as it helps in whitening the teeth by removing surface stains which may be caused by drinking coffee and smoking.
The adult segment garnered the highest market share in 2020 in the global toothpaste market. The use of toothpaste is more among adults as compared to children. It is suggested by medical professionals that excessive use of toothpaste for the kids of age group 3 to 6 is risky for their oral health. The need for white teeth is continuously increasing to improve esthetics. The growing cases of dental and oral problems are encouraging adults to brush their teeth twice a day with toothpaste. These factors are expected to drive the segment growth.
North America is expected to show substantial growth in the coming years. It is due to the premiumization of dental care that is encouraging people to give importance to their dental health and hygiene. These factors are promoting teeth care products including toothpaste consumption in this region. According to the American Dental Association, the U.S. population spent more than USD 136 billion on dental care in the year 2018. Furthermore, a high meat consumption rate in the region is leading to various oral issues, further contributing to the growing demand for teeth care products.
Full Report: https://www.kbvresearch.com/toothpaste-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of The Procter and Gamble Company, Unilever PLC, Johnson & Johnson, Alticor Inc. (Amway Corporation), The Colgate Palmolive Company, GlaxoSmithKline PLC (GSK), Church and Dwight Co., Inc., Henkel AG & Company, KGaA, Lion Corporation, Sunstar Suisse S.A., and Science Arts Co. Pte. Ltd.
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