PUBLISHER: 360iResearch | PRODUCT CODE: 1500555
PUBLISHER: 360iResearch | PRODUCT CODE: 1500555
[199 Pages Report] The Teeth Whitening Market size was estimated at USD 7.76 billion in 2023 and expected to reach USD 8.46 billion in 2024, at a CAGR 9.33% to reach USD 14.49 billion by 2030.
Teeth whitening is a cosmetic dental technique aimed at lightening the color of a person's teeth. It is a popular and non-invasive treatment that can significantly enhance the appearance of stained or discolored teeth. The preliminary purpose of teeth whitening is to remove or reduce surface stains and discoloration, resulting in a brighter and whiter smile. Rising awareness about oral hygiene and dental aesthetics, the growing popularity of cosmetic dentistry, and expanding technological advancements drive the teeth whitening market growth. Expansion of distribution channels and penetration of over-the-counter products on online platforms contribute to the overall growth of the market. However, the high cost of teeth whitening and safety concerns regarding certain teeth whitening methods may hamper the market demand. New product development, such as blue light technology or non-peroxide-based agents and rising consumer preference for natural and sustainable products, are expected to create a growth opportunity in the teeth whitening market in the forecast period.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 7.76 billion |
Estimated Year [2024] | USD 8.46 billion |
Forecast Year [2030] | USD 14.49 billion |
CAGR (%) | 9.33% |
Regional Insights
The Americas region has a significant landscape in the teeth whitening market owing to increased awareness about oral hygiene, high disposable incomes, innovations in teeth whitening technology, and the emergence of several patents for teeth whitening methods. The teeth whitening market in Europe is driven by increasing consumer preferences for aesthetically appealing smiles and rising disposable incomes, which have led consumers to spend on professional dental services. In the Asia-Pacific region, rising consumer spending on oral care products such as toothpaste containing natural ingredients for teeth whitening purposes and significant investment from the manufacturers in research and development for innovative teeth whitening technologies result in a higher demand for oral care products that contribute to the market expansion in the region.
Market Insights
The market dynamics represent an ever-changing landscape of the Teeth Whitening Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Teeth Whitening Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Teeth Whitening Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
Colgate Optic White Launches Game-Changing Teeth Whitening Innovations to Help Everyone Live Life to the Brightest!
Colgate Optic White, a renowned brand in the oral care and teeth whitening industry, has launched two state-of-the-art teeth whitening solutions, the Colgate Optic White ComfortFit LED Teeth Whitening Kit and Colgate Optic White Express Teeth Whitening Pen to provide users with an enhanced experience and rapid results. These cutting-edge products are designed to help individuals attain a radiant white smile while elevating their self-confidence. [Published On: 2023-02-21]
Impress Announces Acquisition of Diamond Whites in a Deal Worth Over Euro 30 Million
Impress, a European orthodontic provider has recently acquired the London-based invisible aligner brand Diamond Whites, resulting in the largest network of orthodontic clinics throughout the United Kingdom. This strategic acquisition extends Impress's offerings in oral care, teeth whitening products, and cosmetic dental treatments to over 60 cities across the nation. Both companies' combined expertise and resources ensure exceptional patient teeth whitening experiences. [Published On: 2023-02-14]
Perfect Corp. and Colgate Partner for an AR-Powered Teeth Whitening Virtual Experience
Perfect Corp., a pioneer in AI and AR technology for beauty and fashion, has joined forces with Colgate to create a groundbreaking tooth-whitening algorithm. This innovative partnership employs augmented reality (AR) to simulate the achievable results of using the Colgate Optic White Overnight Teeth Whitening Pen. By partnering with the expertise of both companies, a specialized AR tool has been developed to demonstrate potential tooth-whitening outcomes after a two-week usage period. [Published On: 2022-09-08]
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Teeth Whitening Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Teeth Whitening Market, highlighting leading vendors and their innovative profiles. These include AuraGlow, Beaming White LLC, BMS Dental srl, Brodie & Stone, CCA Industries, Inc., Church & Dwight Co. Inc., Colgate-Palmolive Company, Creightons PLC, DaVinci Teeth Whitening, Dr. Fresh, LLC, GlaxoSmithKline PLC, GoSmile, LLC, Henkel AG & Co. KGaA, Himalaya Wellness Company, Johnson & Johnson Services, Inc., Koninklijke Philips N.V., NuYu Teeth Whitening LLC, Oh! White, ORALGEN Nupearl, Pearly Whites, Procter & Gamble Company, ProWhiteSmile, Supersmile, Ultradent Products Inc., Unilever PLC, WHITEsmile GmbH, WSD Labs USA Inc., and Zhengzhou Huaer Electro Optics Technology Co. Ltd..
Market Segmentation & Coverage