Industry Analysis & Industry Trends
The Toothpaste and Toothbrush Manufacturing industry is expected to generate $2.9 billion in 2014, up 7.7%. In the five years through 2014, revenue has been growing 9.4% annually. Over the next five years, ACMR-IBISWorld forecasts that industry revenue will increase at the slightly lower rate of 6.5%, reaching $3.9 billion in 2019.
Toothpaste and toothbrushes are used by most people on a daily basis. Demand for these products is steady and increasing in line with household income levels and consumption power. Other products, such as whitening strips, dental floss, and mouthwash, only account for a small proportion of industry revenue.
The major companies in this industry are foreign-invested companies that have dominated the Chinese market for many years.... purchase to read more
Industry Report - Industry Investment Chapter
For every dollar spent on labor (including wages, management, and R&D costs), about 58 cents are invested in capital.
As the price of raw materials is rising, many manufacturers are looking for ways to cut costs, for example, by expanding production capacity or acquiring small-scale enterprises to achieve economies of scale. With more manufacturing equipment being installed or updated, the capital intensity of this industry is increasing.
Oral hygiene product manufacturers strive to develop new products to gain market share. The top two industry participants, Colgate Palmolive (Guangzhou) and P&G China, launch new products in the low- and high-end markets every year. Industry enterprises, especially the largest ones, invest heavily in research and development activities... purchase to read more