Teeth Whitening Market by Product and Geography - Forecast and Analysis 2020-2024

  • Published: Apr 2020
  • Pages: 120
  • SKU: IRTNTR40979
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The teeth whitening market size has the potential to grow by USD 840.38 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This teeth whitening market research report provides a detailed analysis of the market by product (whitening toothpaste, whitening strips, and others) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Brodie & Stone International Plc, Church & Dwight Co. Inc., Colgate-Palmolive Co., GlaxoSmithKline Plc, GoSmile LLC., Henkel AG & Co. KGaA, Johnson & Johnson, The Procter & Gamble Co., Ultradent Products Inc., and Unilever Group.

Statistical Analysis of Teeth Whitening Market

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Market Competitive Analysis

The teeth whitening market is fragmented. Vendors are focusing on implementing innovative strategies and introducing a broad portfolio of products to improve their market position and increase the teeth whitening market demand. Henkel AG & Co. KGaA, Johnson & Johnson, The Procter & Gamble Co., Ultradent Products Inc., and Unilever Group are some of the major market participants. According to teeth whitening market report, the rising demand for cosmetic dentistry will offer immense growth opportunities, Counterfeit goods will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this teeth whitening market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this report also provides information on the upcoming teeth whitening market trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This teeth whitening market analysis report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Brodie & Stone International Plc
  • Church & Dwight Co. Inc.
  • Colgate-Palmolive Co.
  • GlaxoSmithKline Plc
  • GoSmile LLC.
  • Henkel AG & Co. KGaA
  • Johnson & Johnson
  • The Procter & Gamble Co.
  • Ultradent Products Inc.
  • Unilever Group

Teeth Whitening Market: Segmentation by Region

teeth-whitening-market-share-by-region

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APAC was the largest teeth whitening market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Economic growth and the resultant increase in spending power, changing lifestyles, and the shifting preference from traditional oral care home remedies to modern products will significantly influence teeth whitening market growth in this region.

Over 38% of the market’s growth will originate from APAC during the forecast period. China is a key market for teeth whitening in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Teeth Whitening Market: Segmentation by Product

teeth-whitening-market-share-by-distribution-channel

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Vendors are developing whitening toothpastes that offer tartar protection and other benefits apart from whitening. With the advent of online stores, it is even easier to access these products. Whitening toothpastes are conveniently priced in comparison to other teeth whitening products, which also helps in drawing more consumers toward it. The whitening toothpastes market will continue to grow during the forecast period owing to high penetration rate and cost-effectiveness.

Market growth in the whitening toothpaste segment will be faster than the growth of the market in the whitening strips and other segments. This report provides an accurate prediction of the contribution of all the teeth whitening market segmentation.

Teeth Whitening Market Dynamics

The global teeth whitening market is anticipated to grow at a steady rate and post a CAGR of almost 4% during the forecast period. The rising demand for cosmetic dentistry will drive the growth prospects of the global teeth whitening market size. A large number of consumers opt for dental veneers, crowns, whitening procedures, and inlays or onlays cosmetic treatments to improve their dental health and appearance, which, in turn, will boost the demand for cosmetic dentistry and propel the growth potential of the global teeth whitening industry.

Also, as the teeth whitening process is easy, the preference for these products will further grow. Furthermore, the increasing concentration on appearance, increased awareness via social media platforms, marketing of dental practices, and the growing media coverage, are some of the additional factors that will fuel the teeth whitening market size in the coming years.

The changing lifestyle pattern is one of the key teeth whitening market trends which will influence the growth of the market during the forecast period. As per the teeth whitening industry statistics, some of the major factors responsible for the growing inclination of consumers towards teeth whitening products include benefits such as less time-consuming, cost-effectiveness, and the easy access and effective utilization of these products.

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Key Highlights of the Teeth Whitening Market Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive teeth whitening market growth during the next five years
  • Precise estimation of the teeth whitening market size and its contribution to the parent market
  • Teeth whitening market facts & figures and accurate predictions on upcoming trends and changes in consumer behaviour
  • Estimation of potential teeth whitening market by product and geography
  • Identification of key countries across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of teeth whitening market vendors 

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The teeth whitening market growth will increase by $840.38 million during 2019-2024.
The teeth whitening market is expected to grow at a CAGR of 3.92% during 2019-2024.
Technavio has segmented the teeth whitening market by product (Whitening toothpaste, Whitening strips, and Others) ,application (Core banking software, Asset and wealth management software, and Other banking software) , and geographic (APAC, North America, Europe, and South America).
Brodie & Stone International Plc , Church & Dwight Co. Inc., Colgate-Palmolive Co., GlaxoSmithKline Plc, GoSmile LLC., Henkel AG & Co. KGaA, Johnson & Johnson, The Procter & Gamble Co., Ultradent Products Inc., Unilever Group are a few of the key vendors in the teeth whitening market.
APAC will register the highest growth rate of 41.53% among the other regions. Therefore, the teeth whitening market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Germany
  • France
  • South Korea (Republic of Korea)
The key factors driving the teeth whitening market growth are:
  • Rising demand for cosmetic dentistry
  • Enhancing the operating efficiency with Industry 4.0
The teeth whitening market vendors should focus on grabbing business opportunities from the whitening toothpaste segment as it accounted for the largest market share in the base year.
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