Market Trends of Teeth Whitening Industry
This section covers the major market trends shaping the Teeth Whitening Market according to our research experts:
The Whitening Toothpaste Segment is Expected to Account for the Largest Market Share During the Forecast Period
Toothpaste contains coarse abrasives that function by abrading the stains on the tooth surface, giving a whitening effect. The whitening toothpaste is in huge demand due to its quick results and affordable price, which is contributing to the market's growth. For instance, according to an article published by WebMD Editorial Contributors in October 2021, the price range for whitening toothpaste is between USD 1 and USD 20. In contrast to the availability of over-the-counter toothpaste options and professional whitening solutions, which use hydrogen peroxide or carbamide peroxide to lighten the color of the tooth from the inside out, whitening toothpaste removes surface stains and does not include bleach. Compared to the price of whitening toothpaste, the price of whitening strips and gels from a pharmacy, dentist, or through an online platform is between USD 10 and USD 55. Hence, due to its lower price, the demand for whitening toothpaste is expected to increase and contribute to significant growth.
Improvements in product efficacy achieved through advancements in technology are enabling premium brands to compete effectively by offering superior product features and therapeutic benefits. For instance, in March 2022, the Colgate-Palmolive Company launched Visible White 02, formulated with unique active oxygen technology that whitens teeth inside out within three days. With the launch of this product, the company expanded its existing teeth whitening toothpaste portfolio in the market.
Thus, the market is being driven by the efficient advantages of whitening toothpaste and increasing product launches.
North America Has Been Dominating the Teeth Whitening Market and is Expected to Continue the Trend During the Forecast Period
North America holds a major share of the teeth whitening market due to the growing inclination toward cosmetic dentistry. For instance, according to an article published by The Village Dentistry in January 2021, Americans spend billions of dollars every year on teeth whitening products and treatments. According to the US Bureau of Labor Statistics, dental services increased by 1.9% in June 2022. Such an increase in dental services and expenditure on teeth whitening products is expected to drive the market over the forecast period.
Several companies are continuously launching teeth whitening products, which is also one of the driving factors for the market's growth. For example, in March 2022, Procter & Gamble launched Crest Whitening Emulsions + Overnight Freshness, a product that provides overnight convenience. In January 2022, Oral-B unveiled its latest digital health innovations at the 2022 Consumer Electronics Show (CES), including its CES Innovation Award Honoree Oral-B iO10 with iOSense, which serves as the ultimate oral health coach. Thus, due to such factors, the teeth whitening market is expected to record significant growth in North America during the forecast period.
