PUBLISHER: The Business Research Company | PRODUCT CODE: 1566746
PUBLISHER: The Business Research Company | PRODUCT CODE: 1566746
Orthodontic wax is a flexible, soft material utilized by individuals with braces or other orthodontic devices to alleviate discomfort and shield the mouth's interior. It is commonly applied to brackets or wires to provide a smooth surface and prevent irritation or sores on the cheeks, gums, and lips. Typically, orthodontic wax is composed of a mix of paraffin or beeswax, which can be easily molded and applied.
The primary types of orthodontic wax available in the market are beeswax, carnauba wax, and paraffin wax. Beeswax, a natural substance produced by honey bees, is used in orthodontic wax for its flexibility and smooth feel. The sources of these waxes include both natural and synthetic options, and they are utilized in various settings such as hospitals, homecare environments, and dental clinics.
The orthodontic wax market research report is one of a series of new reports from The Business Research Company that provides orthodontic wax market statistics, including the orthodontic wax industry global market size, regional shares, competitors with orthodontic wax market share, detailed orthodontic wax market segments, market trends, and opportunities, and any further data you may need to thrive in the orthodontic wax industry. These orthodontic wax market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The orthodontic wax market size has grown strongly in recent years. It will grow from $1.09 billion in 2023 to $1.16 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The historical growth can be attributed to a rise in malocclusion and orthodontic issues, increased awareness of dental aesthetics, improved reimbursement policies, and the expansion of dental clinics and orthodontic practices.
The orthodontic wax market size is expected to see strong growth in the next few years. It will grow to $1.53 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The anticipated growth during the forecast period is due to the expanding orthodontic market, greater customization in dental products, heightened consumer awareness and education, advancements in healthcare infrastructure, and increasing regulatory compliance. Key trends in the forecast period include technological progress in orthodontic materials and methods, innovations in orthodontic treatments, development of low-toxicity orthodontic waxes, improvements in orthodontic wax formulations, and advancements in aesthetic orthodontic appliances.
The rising incidence of dental problems is anticipated to drive growth in the orthodontic wax market in the future. Dental issues include a variety of conditions affecting teeth, gums, and overall oral health, influenced by factors such as genetics, modern dietary habits, early childhood oral practices, premature loss or delayed eruption of teeth, chronic mouth breathing, increased awareness, and improved access to dental care. Orthodontic wax is used to reduce discomfort from braces or other orthodontic devices by creating a protective layer between the appliances and sensitive tissues, which lessens friction and prevents or eases irritation. For example, in 2023, the National Board of Health and Welfare in Sweden reported that about 3.94 million individuals aged 24 and older sought dental care, including 2.11 million women and 1.82 million men, reflecting a slight increase from 2022. Consequently, the growing prevalence of dental issues is propelling the orthodontic wax market.
Leading companies in the orthodontic wax sector are concentrating on creating innovative products, such as professional dispensing packs to improve convenience and hygiene for orthodontic patients. These dispensing packs provide a practical and cost-efficient way for orthodontic and dental practices to distribute high-demand product samples to patients. For instance, in July 2022, Doc Brands, Inc., a US-based consumer goods company, introduced OrthoDots CLEAR and OrVance Retainer Cleaner in professional dispensing packs. OrthoDots CLEAR is a moisture-activated silicone dental wax alternative designed to alleviate pain and irritation caused by braces, clear aligners, and other orthodontic devices. OrVance Retainer Cleaner is a specialized product meant for the thorough cleaning and maintenance of orthodontic retainers, aligners, and other dental appliances, ideal for maintaining cleanliness and comfort.
In December 2022, Formlabs Dental, a US-based company offering Castable Wax Resin for 3D printing, collaborated with Digital Smile Design. This partnership enhances the integration between Medit's dental 3D scanners and Formlabs' 3D printing technology. Digital Smile Design, based in Spain, employs systematic approaches and strategies to improve smile design.
Major companies operating in the orthodontic wax market are 3M Company, Colgate-Palmolive Company, Henry Schein Inc., Patterson Companies Inc., Dentsply Sirona Inc., Great Lakes OrthodonticsLtd., Ultradent Products Inc., Coltene Holding AG, Ormco Corporation, American Orthodontics Corporation, Dentaurum GmbH & Co. KG, TP Orthodontics Inc., RMO Inc., GC Corporation, Forestadent Ltd., G&H Orthodontics Inc., Ortho Technology Inc., DB Orthodontics Limited, Bracon Direct Ltd, Reliance Orthodontic Products Inc., Carmel Industries, Hager Worldwide Inc., C.J. Robinson Company Inc., Leone SpA, JJ Orthodontics Pvt. Ltd.
Europe was the largest region in the orthodontic wax market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the orthodontic wax market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the orthodontic wax market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The orthodontic wax market consists of sales of orthodontic wax strips, orthodontic wax cubes, flavored orthodontic wax, and medical-grade ingredients. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Orthodontic Wax Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on orthodontic wax market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for orthodontic wax ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The orthodontic wax market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.