MRO Magazine

Technavio Announces Top Five Vendors in the Oral Care Market in APAC from 2016 to 2020


June 14, 2016
By Business Wire News

LONDON

Technavio has announced the top five leading vendors in their recentoral care market in APACreport. This research report also lists 11 other prominent vendors that are expected to impact the market during the forecast period.

Competitive vendor landscape

The oral care market in APAC is intensely competitive with a few large- and medium-size players accounting for a significant share of the market. Private label players also operate in the market. However, with the growing presence of international players, regional vendors find it increasingly difficult to compete in terms of pricing.

According to Brijesh Kumar Choubey, a lead analyst at Technavio for research oncosmetics and toiletries, “The key market players compete in terms of quality, pricing, and innovation. New product innovations are a commonly used strategy to maintain the demand in the market. These vendors also depend on market conditions, government support, and industry development for growth. The market is expected to be more competitive during the forecast period, with several product launches, price discounting, and mergers and acquisitions.”

The report highlights Colgate-Palmolive as the largest player in the market in 2015. The company’s oral care segment contributed approximately 47% of the company’s global revenue in 2015. The majority of the sales in its APAC segment comes from Asia, which generated 86% of the net sales in 2015. The increase in organic sales in 2015 was driven primarily by demand for toothpaste, manual toothbrushes, and mouthwashes.

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Top five oral care market vendors in APAC

Colgate-Palmolive

Colgate-Palmolive was founded in 1923 and is headquartered in New York, US. The company designs, manufactures, and markets consumer products in the oral, personal, and home care, and pet nutrition segments. In FY2015, it reported revenue of USD 16.03 billion. As of December 2015, the company had 37,900 employees.

The company manufactures and markets oral care products such as toothpaste and toothbrushes. Its principal products in the toothpaste category include Colgate Total, Colgate Sensitive Pro-Relief, Colgate Optic White, and Colgate Luminous White. Its key toothbrush products include Colgate 360°, Colgate Slim Soft manual toothbrush, and Colgate Optic White. The segment also offers Colgate Plax mouthwash and other dental pharmaceutical products.

GlaxoSmithKline

GlaxoSmithKline was founded in 1999 as a result of a merger between SmithKline Beecham and Glaxo Wellcome. The company is headquartered in Middlesex, UK. It manufactures and markets pharmaceutical products worldwide. In FY2015, the company reported USD 36.46 billion in revenue.

Johnson & Johnson

Johnson & Johnson was incorporated in 1887 and is headquartered in New Brunswick, New Jersey, US. The company, along with its subsidiaries manufactures and sells an extensive range of products in the healthcare and consumer industries. As of December 2015, it had approximately 126,100 employees across the world. The company spent USD 9 billion on R&D in FY2015. It reported net revenue of USD 74.33 billion in FY2014 and USD 70.07 billion in FY2015.

Procter & Gamble (P&G)

P&G was founded in 1837 and is headquartered in Ohio, US. The company offers consumer products through high-frequency stores, grocery stores, e-commerce platforms, membership club stores, department stores, drugstores, and mass merchandisers. In FY2015, the company reported revenue of USD 76.27 billion. As of June 2015, it had 110,000 employees.

Unilever

Unilever was established in 1894 and is headquartered in London, UK. The company provides foods, beverages, cleaning agents, and personal care products. As of December 2015, the company had 171,000 employees. In 2015, it reported revenue of USD 59.09 billion. The company’s products in the market include Close-Up and Pepsodent.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com