TOOTHPASTE TABLETS MARKET IS ESTIMATED TO GROW AT A CAGR OF 6.1% DURING 2018-2031

The global toothpaste tablet market is expected to grow at 6.1% CAGR between 2021 and 2031. Toothpaste tablets are convenient to use, which has made them highly sought-after among travelers’ communities, evaluated ESOMAR-certified consulting firm Future Market Insights (FMI) in a study. Soaring concerns regarding the disposition of toothpaste tubes coupled with increasing consumption of toothpaste will amplify toothpaste tablet market sales.

Awareness regarding toothpaste tablets has greatly improved in the past few years. Encouraged by increasing consumer interest, brands are launching toothpaste tablets in natural flavor. Considering the shift in consumer behavior in favor of a clean regimen, market players expect to gain a competitive edge with the launch of organic products in sustainable packaging.

projected bps change in market share for key segments in global toothpaste tablets market, 2021-2031

“In a highly competitive market, companies are likely to focus on expanding their footprint as well as a portfolio to gain competitive advantage. Consequently, the market is witnessing an array of new launches, including flavor and ingredients used in toothpaste tablets,” remarks the FMI analyst. 

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Key Takeaways

  • Fluoride-free toothpaste tablets occupy almost 58.9% of the global market and is expected to grow at a steady rate.
  • Adult customers dominate the toothpaste tablets market with an 83.5% market share. Players are developing kid-friendly options to diversify their product range.
  • Even though convenience stores and supermarkets occupy major market shares, but rising digital penetration is expected to boost the online retail market share by 10% CAGR by the end of 2030.
  • Adoption of subscription-based strategy in the US market played a significant role in customer retention and market growth.
  • Key players in the United Kingdom are using clinically approved branding methods to capture customers’ interest and strengthen their market position.

Prominent Drivers

  • The rising millennial population in emerging economies like India will provide a lucrative opportunity for market growth.
  • Tablet manufacturers in low-income countries like Brazil are relying heavily on media campaigns to spread awareness regarding toothpaste tablets. This will intensify the market growth.
  • A large chunk of the population is switching towards natural and organic products providing ideal conditions for market growth.

Key Restraints

  • Lack of awareness in developing countries restricts the toothpaste tablet market growth.
  • Accessibility of alternatives to toothpaste tablets is restricting the market growth.
  • Occupancy of larger market share by toothpaste tube provides a very challenging environment for market sale growth.

Discover more about the toothpaste tablets market with figures and data tables, along with the table of contents. You will also find detailed market segmentation on

https://www.futuremarketinsights.com/reports/toothpaste-tablets-market 

Competitive Landscape

Leading players profiled by FMI operating in the toothpaste tablet market include Colgate Palmolive Company, Johnson & Johnson Consumer Inc., Weldental LLC, The Humble Co., Bite, DENTABBS GmbH, Lush Cosmetics Company, Well Earth Goods, Pure Earth Essentials, Kaylaan LLC, Georganics, Dental Lace, Inc. Archteck, Inc.

The market is highly consolidated due to the emergence of new local and regional players. Major players are forming strategic mergers and acquisitions in order to expand their product portfolio and enhance their global reach. They are also employing aggressive marketing strategies and promotional methods to induce market awareness. Such instances are given below:

Polished London and By Humankind included toothpaste tablets in their product range. In 2020, Dentabb introduced multi-flavored B12 additives tablets, especially for the vegan community.

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Toothpaste Tablets Market by Category

Product Type

  • 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
  • The Middle East and Africa (MEA)
  • Oceania
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