Industry Analysis & Industry Trends
The Toothpaste and Toothbrush Manufacturing industry is expected to generate $3.6 billion in 2016, up 6.9% from 2015. Over the five years to 2016, revenue has been growing at an average annual 9.2%. Over the next five years, ACMR-IBISWorld forecasts that industry revenue will increase at the slightly lower rate of 5.3%, reaching $4.7 billion in 2021.
Most people use toothpaste and toothbrushes on a daily basis. Demand for these products is steady and increasing in line with household income levels and consumption power. Other products, including whitening strips, dental floss and mouthwash, only account for a small portion 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 28 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 (China) 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