Teeth Whitening Strips Market to Surpass USD370.19 Million by 2026
Rising awareness towards dental health, changing lifestyle
and increasing disposable income to fuel the global teeth whitening strips market
through 2026.
According to TechSci Research report “Teeth Whitening Strips Market - Global Industry Size, Share, Trends, Competition,
Opportunity and Forecast, 2016-2026”, global
teeth whitening strips market was valued USD239.77 million in 2020 and is
anticipated to grow at a CAGR of 7.77% in value terms, in the next five years
to reach USD370.19 million by 2026.
The growth in the
market is driven by increasing disposable income, product innovation and rising
awareness about dental health among consumers. The onset of digital media and
the soaring demand of consumers to have white teeth are the factors that led to
the development of efficient and convenient techniques of teeth whitening.
Individuals are now
seen shifting toward preventive healthcare practices in order to avoid oral
diseases. Over the last few years, there has been a positive shift in people’s
mindset toward keeping themselves fit. Oral illnesses are a serious health
problem in many nations, causing pain, discomfort, deformity and sometimes
death.
Therefore, a large
portion of the rising affluent middle-class population is becoming health
conscious and is therefore switching towards oral hygiene products. Also, a
rise in the costs of dental treatments is encouraging people to switch towards
these products to get rid of stains on their teeth.
Individuals are now
seen shifting toward preventive healthcare practices in order to avoid oral
diseases. Over the last few years, there has been a positive shift in people’s
mindset toward keeping themselves fit. Oral illnesses are a serious health
problem in many nations, causing pain, discomfort, deformity and sometimes
death.
Browse more than
113 market data Figures and spread through 149 Pages and an in-depth TOC on
“Global Teeth Whitening Strips Market."
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Global teeth whitening
strips market can be segmented based on flavor type, distribution channel,
company and region. In terms of flavor type, the charcoal flavor segment
registered the fastest demand in the global teeth whitening strips market,
accounting for a market share of 10.23% in 2020.
The segment is further
projected to continue to grow at a higher pace with a CAGR of 8.13% in the
forecast period. The growing consumer preference towards charcoal flavor is
mainly due to the advantages it offers, such as removing stains from teeth.
Moreover, charcoal is incapable of being absorbed by the human body.
Some of the major
players operating globally in the teeth whitening strips market are:
·
The Procter & Gamble Company
·
Ranir Global Holdings, LLC
·
Nanchang Dental Bright Technology Co., ltd.
·
CAO Group, Inc.
·
Fairywill
·
Oral Essentials Inc.
·
CVS Health Corporation
·
BonAyu Lifesciences Private Limited
·
Smile Sciences, LLC
·
Moon Oral Care, LLC
Companies operating in the oral hygiene sector such as The
Procter & Gamble Company, have launched new product lines comprising of
teeth whitening strips to enter the lucrative market. The company offers a wide
range of products under the brand name, Crest such as Crest 3DWhitestrips
Glamorous White, Crest 3DWhitestrips Professional and Classic White Bundle,
Toothpaste, Whitening Treatments, Mouthwash, Gum Detoxify, and Crest3D White
Therapy, etc.
Correspondingly,
Nanchang Dental Bright Technology Co., ltd (Glorysmile) offers a wide range of
teeth whitening strips under the brand name, GlorySmile such as GlorySmile
Advanced Home 6% Hydrogen Peroxide Teeth Whitening Dry Strips, GlorySmile Low
Sensitive Non-Peroxide Sodium Phytate Teeth Whitening Strips, Natural Activated
Charcoal Teeth Whitening Strips Peroxide Free and Peroxide Free Non-Irritation
Teeth Whitening Strips for yellow teeth.
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“The Asia-Pacific
region is projected to advance with the fastest growth in the global teeth
whitening strips market with a CAGR of 9.40% through 2026, on account of
growing middle-class population, growing cases of tooth decay, rising
working-class population, and increasing purchasing power of the consumers. The
growth of the Asia-Pacific region is attributed to the high population density
in the region. Also, the urban consumers in this region are showing a greater
inclination towards oral health. Moreover, the growing dental hygiene knowledge
and growing awareness for self-grooming among people, particularly urban
consumers, have raised awareness of the need to keep teeth clean and white.”,
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“Teeth Whitening Strips Market - Global Industry Size,
Share, Trends, Competition, Opportunity and Forecast, 2016-2026 Segmented By
Flavor Type (Plain, Mint, Charcoal, Peppermint and Others (Coconut Oil, Lemon
Oil, etc.)), By Distribution Channel (Supermarket & Hypermarkets, Drug
& Pharmacy stores, Online and Others) and By Region”, has
evaluated the future growth potential of global teeth whitening strips market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global teeth whitening strips market.
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