Oral Antiseptics Market to Witness a CAGR of 4.6% Through 2018-2028
VALLEY COTTAGE, New York, Feb. 19, 2019 /PRNewswire/ -- Oral antiseptics worth US$ 2 billion were sold by the end of 2018, according to a new research intelligence by Future Market Insights. A moderate 4.3% growth is expected in the revenue towards 2019 end. European market accounts for around 30% of the value share, whereas market in North America and East Asia is witnessing more promising growth opportunities, says the report.
Escalating use of oral antiseptics and mouthwash, growing availability of new as well as niche products in the oral antiseptics category, and diverse price range will remain the key push factors propelling revenue growth of the oral antiseptics market. Increasing recommendations from general dental practitioners, solo and group practitioners, and dental research laboratories, strongly backed by effective marketing strategies adopted by regional and global brands is contributing heavily to steady expansion of oral antiseptics market.
Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-8871
Three out of 10 Europeans prefer oral antiseptics over mouthwash. While Europe has been providing the largest consumer base to oral antiseptics market players, increasing per capita consumption has been projected for the East Asian and North American consumer base. A majority of sales of oral antiseptics, i.e. over 42%, is concentrated in supermarkets/hypermarkets. However, FMI foresees a progressing demand scenario developing in the drug stores category in coming years.
Herbal oral antiseptics to rise on the back of chemical-based products
Cetylpyridinium chloride-based oral antiseptics, the bestseller over the years, will maintain a dominant value share in the market. While almost 75% of the total sales is accounted by Cetylpyridinium chloride-based oral antiseptics, a negligible share is currently contributed by the herbal segment. However, herbals are likely to emerge attractive in the long run.
In line with the concerns related to possible discomfort and side effects of strong oral antiseptics that typically include alcohol and a few other chemical components, herbal products are launched in oral antiseptics market as a milder and safer alternative to chemical-based oral antiseptics. FMI opines that alcohol-free, organic, and Ayurvedic products will particularly witness strong demand in the herbal oral antiseptics category. Relatively low competitiveness of the herbal segment operated by a lesser number of players is expected to create scope of growth for oral antiseptics market.
Preview Analysis of Oral Antiseptics Market Segmented by (Product Type - Cetylpyridinium Chloride Based, Chlorhexidine Gluconate Based, Herbal & Essential Oils; Distribution Channel - Supermarket/Hypermarket, Drug Store, Retail Pharmacy & E-commerce;) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2028: https://www.futuremarketinsights.com/reports/oral-antiseptics-market
A visibly rising trend of strategic collaborations between major brands in oral antiseptics space is translating into an expanded consumer base of collaborating entities. The report further states that mergers and acquisitions are not only limited to industry giants but also involve a large number of regional players that are potential acquisitions candidates for MNCs. This according to the report will result in a more consolidated competition landscape in the global oral antiseptics market. Within the course of past two years, Henry Schein Inc. has accomplished eight acquisition deals traversing multiple verticals in the dental healthcare realm.
FMI forecasts a CAGR of 4.6% for the global oral antiseptics market over the 10 year projection period, 2018-2028. For insights on market performance in the long run, write in to the team of analysts at email@example.com
Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-8871
More from Healthcare, Pharmaceuticals and Medical devices Market Intelligence:
- Veterinary Molecular Diagnostics Market Outlook - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2026
- Bariatric Walkers Market Analysis - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016-2026
- Dental Irrigation Devices Market Analysis - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2028
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
T (UK): + 44(0)20-7692-8790
Press Office: Press@futuremarketinsights.com
Blog: Market Research Blog