Global Toothpaste Market Analysis Report 2023: Market to Reach $22.4 Billion by 2030 - Underpenetrated Markets Present Significant Growth Potential
Global Market for Toothpaste
Dublin, May 08, 2023 (GLOBE NEWSWIRE) -- The "Toothpaste: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Toothpaste Market to Reach $22.4 Billion by 2030
The global market for Toothpaste estimated at US$16.3 Billion in the year 2022, is projected to reach a revised size of US$22.4 Billion by 2030, growing at a CAGR of 4% over the analysis period 2022-2030.
Regular, one of the segments analyzed in the report, is projected to record a 3.8% CAGR and reach US$3.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Anti-Caries segment is readjusted to a revised 3.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 6% CAGR
The Toothpaste market in the U.S. is estimated at US$2.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2030 trailing a CAGR of 6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 2.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.5 Billion by the year 2030.
Looking Ahead to 2023
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.
Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth.
Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.
Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Key Attributes:
Report Attribute | Details |
No. of Pages | 484 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $16.3 Billion |
Forecasted Market Value (USD) by 2030 | $22.4 Billion |
Compound Annual Growth Rate | 4.1% |
Regions Covered | Global |
MARKET OVERVIEW
Oral Care Products: Maintaining Health of Teeth & Mouth
Toothpaste: An Essential Component of Routine Oral Hygiene Regimen
Developing Countries Turbo Charge Future Market Growth
Whitening Toothpastes Lead Global Toothpaste Market
Competitive Landscape
Multinationals Rule the Roost in the Toothpaste Market
Global Competitor Market Shares
Saturation Triggers Competition and Segmentation
Change in Marketers Strategy
Recent Market Activity
Leading Toothpaste Brands
Brand Extensions: Order of the Day
Advertising and Promotion
Advertising - For a "Brand" New Smile
The GEL Craze
Branding - Impact on Purchases
Advertising in the Children's Toothpaste Segment
Distribution Channels
Supermarkets Grabs the Largest Pie
Strategies to Increase Market Share
Emergence of Multi-Channel Buyers
Online Marketing Catching Up
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Product Overview
Types of Toothpastes
Regular
Anti-Caries / Fluoride Toothpastes
Whitening Toothpaste
Children's Toothpaste
Desensitizing Toothpaste
Gum Protection Toothpaste
Multi-benefit Toothpaste
Tartar Control Toothpaste
Toothpaste Formula
Toothpaste Ingredients
Select Toothpaste Ingredients and their Attributes / Functions
MARKET TRENDS & DRIVERS
Emerging Countries: Underpenetrated Markets Present Significant Growth Potential
Exponential Increase in Global Urban Population
Burgeoning Middle Class Population
Demographic Trends Influence Marketer Strategies
Herbal and Natural Toothpastes Give Tough Competition to Conventional Toothpastes
Biotechnology to Enable Re-growth of Teeth
BioMin Technologies Introduces Innovative Toothpaste Ingredient
Rise in Value-Added Toothpastes
Select Value-Added Toothpaste Products
New Flavors Flood Market
Mint - The Preferred Toothpaste Flavor
Toothpaste Flavors: A Comparison of Global Leading Flavors Used in Toothpastes
Segment Trends in the Toothpaste Market
Popularity of Whitening Toothpastes
Toothpastes with Natural Ingredients Gain Popularity
Sensitivity Toothpastes
Children's Toothpaste
Remineralizing Systems
Triclosan: Effective but Faces Concerns over Environmental & Health Risks
Ban on Parabens in Few Markets
Recyclable Toothpaste Tube - The New Trend in Oral Care Market
FOCUS ON SELECT PLAYERS(Total 142 Featured)
CCA Industries, Inc. (USA)
Church & Dwight Co., Inc. (USA)
Colgate-Palmolive Company (USA)
Colgate-Palmolive (India) Limited (India)
Dabur India Limited (India)
GlaxoSmithKline plc (UK)
Henkel AG & Co. KGaA (Germany)
LG Household & Health Care Ltd. (South Korea)
Lion Corporation (Japan)
Patanjali Ayurved Limited (India)
Procter & Gamble Company (USA)
Ranir, LLC (USA)
Sunstar Suisse S.A. (Switzerland)
Unilever NV (Netherlands)
Hindustan Unilever Limited (India)
For more information about this report visit https://www.researchandmarkets.com/r/fhshyq
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