According to a recent analysis by ESOMAR-certified market research firm Future Market Insights, the global toothpaste tablets market is predicted to rise at a robust CAGR of over 6.1 percent throughout the study forecast period 2021-2031, despite a period of lower growth in 2020. The research report examines the market for toothpaste tablets in more than 20 nations, providing a clear picture of how the growth trend will unfold.
Many retail players are increasingly shifting to a subscription-based retail strategy. A subscription-based business model is viewed as a viable method for growing an existing product line or beginning a new firm. As a result, many competitors in the toothpaste tablet market have resorted to a subscription-based business model to promote the market while also retaining clients. Hello is an example of a subscription-based oral care company.
Customers can begin their subscription by selecting one of the package offerings from the brand’s portfolio. Customers can choose the period of their subscription at their leisure.
Aside from that, the company allows customers to construct their own personalised subscription box with their favourite products. Moreover, the brand promises free stuff with every subscription. Such initiatives have aided the brand’s creation, development, and expansion. A subscription-based business strategy is also used to build a loyal customer base.
Fluoride-free toothpaste tablets make for a considerable portion of the market in terms of product kinds. Many companies are expanding their product lines to include new flavoured toothpaste pills that appeal to consumers, particularly children.
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Impact of COVID-19 on the Market:
The outbreak of covid-19 has caused enormous disruptions in the retail sector in both demand side as well as supply side. Managing demand fluctuations was one of the major challenges encountered by the players in the retail industry. The covid-19 outbreak also drastically impacted consumer’s buying habits. A specular shift from store based retail to online retail was observed. Besides this, the pandemic outbreak also highlighted the importance of ethical living which increased awareness regarding penetration of small scale and local brands in the retail sector.
Key Takeaways from the Toothpaste Tablets Market Study
- Toothpaste tablet market registers impressive recovery at over 5% y-o-y growth in 2021, following a period of lull in 2020
- Presence of leading players steering market in U.S., which accounts for over 88% of the North America market
- Focus on dental and oral health will continue rising in the U.K., pushing toothpaste tablets market at 4.7% in 2021
- France and Germany emerge as strong markets as buyers demonstrate higher willingness to spend on fluoride-free toothpaste tablets
- Increasing population and higher focus on personal care and hygiene will continue pushing toothpaste tablets market in China
Who is winning?
Some of the key players present in the toothpaste tablets market are Johnson and Johnson Consumer Inc., Colgate Palmolive Company, Weldental, Inc., DENTABBS GmbH, Bite, Lush Cosmetics Company, Kaylaan LLC., Dental Lace, Inc., Archtek, Inc., Georganics, Well Earth Goods, Pure Earth Essentials and among others.
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- Fluoride Toothpaste Tablets
- Fluoride-free Toothpaste Tablets
Consumer Orientation
- Adults Toothpaste Tablets
- Children Toothpaste Tablets
Sales Channel
- Hypermarkets/Supermarkets
- Multi-Brand Stores
- Convenience Stores
- Online Retailers
- Wholesalers and Distributors
- Other Sales Channel
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Middle East and Africa (MEA)
- Oceania
Future Market Insights, in its new offering, provides an unbiased analysis of the global toothpaste tablets market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031.
The study divulges compelling insights on the toothpaste tablets market based on the product type (fluoride toothpaste tablets and fluoride-free toothpaste tablets), consumer orientation (adults and children), and market channel (hypermarkets/supermarkets, multi-brand stores, convenient stores, online retailers, wholesalers and distributors and other market channel), across seven major regions.
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years
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