Global Packaged Fluoride Varnish Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Packaged Fluoride Varnish Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Fluoride Varnish is a functional coating used in dentistry and is currently one of the widely used anti-caries methods. Also known as dental fluoride varnish. It is a treatment with a special substance similar to calcium to strengthen the enamel layer of teeth. After Fluoride Varnish is applied to the tooth surface, it dries naturally in the oral cavity to form a protective film that protects the enamel surface. The substance has been declared safe by the World Health Organization (WHO) and has been used by dentists around the world including Indonesia. The substance can be used to prevent injuries or dental caries. In some cases, dentists may also recommend this treatment for those with sensitive teeth. Dentists usually apply fluoride varnish in prescribed doses. This substance does not need to be absorbed by the teeth for too long, so users do not have to worry about whether this substance is ingested.

Market Overview:

The latest research study on the global Packaged Fluoride Varnish market finds that the global Packaged Fluoride Varnish market reached a value of USD 148.16 million in 2022. It’s expected that the market will achieve USD 179.07 million by 2028, exhibiting a CAGR of 3.21% during the forecast period.

COVID-19 Outbreak: Packaged Fluoride Varnish Industry Impact

COVID-19 has severely affected the global economy. The COVID-19 epidemic spread to more than 210 countries and regions around the world in three months, affecting nearly 7 billion people. The coronavirus epidemic has impacted all aspects of human health, economic growth, social development, national security, and international relations. It is a comprehensive challenge. The epidemic has drastically reversed expectations of moderate growth in the world economy in early 2020. After the outbreak, the employment situation in various countries has become more severe. Global investors panic, triggering turmoil in the financial and capital markets. The epidemic has caused huge losses to related industries and international trade. From the perspective of the general background, exports, consumption, and investment are driving the economy. After the outbreak of the epidemic, consumption, exports, and investment have all been affected to some extent. Therefore, the global economic downturn is inevitable.

More than one million lives have been lost to COVID-19 since the start of 2020 and the toll continues to rise. Many more have suffered a serious illness. Close to 90 million people are expected to fall into extreme deprivation this year. Compared with the IMF report released in June, the global economic contraction in 2020 will not be as severe as previously predicted. This revision reflects a better-than-expected economic recovery in the second quarter. Global growth is projected at 5.2 percent in 2021, a little lower than in the June 2020 WEO Update, reflecting the more moderate downturn projected for 2020 and consistent with expectations of persistent social distancing. This is the worst global recession in decades, despite the huge efforts of governments with the support of fiscal and monetary policies to deal with the economic downturn. But from a long-term perspective, it is expected that the severe recession caused by the pandemic will cause a prolonged economic depression by reducing investment. Should COVID-19 outbreaks persist, should restrictions on movement be extended or reintroduced, or should disruptions to economic activity be prolonged, the recession could be deeper. Businesses might find it hard to service debt, heightened risk aversion could lead to climbing borrowing costs, and bankruptcies and defaults could result in financial crises in many countries. Under such unfavorable circumstances, there will still be a possibility of a global decline in 2021. The economic downturn caused by COVID-19 is detrimental to the development of the Packaged Fluoride Varnish industry.

In addition to the economy, the outbreak of COVID-19 will also have an impact on the market demand of the Packaged Fluoride Varnish industry. Packaged Fluoride Varnish is mainly used in dentistry. However, exposure to biological risks in the dental environment is a danger to patients, doctors, hygienists and assistants. When a patient coughs, sneezes, or uses ultrasound, high-speed instruments or air-water syringes for surgery, aerosols, droplets, splashes, saliva secretions, debris or blood will be produced. Such environmental splashes can spread over short distances, quickly settle and pollute the air, floors, operating table surfaces, medical supplies, devices, equipment, instruments, dental health professionals and patients. Salivary glands may be a major source of the virus, which can spread COVID-19 through asymptomatic infection from infected saliva. This means that COVID-19 is extremely risky for dentistry, which affects all aspects of dental-related products, including the market demand for Packaged Fluoride Varnish. The COVID-19 outbreak has led to a decrease in the sales of Packaged Fluoride Varnish, which will result in a reduction in market demand for Packaged Fluoride Varnish.

Another point is that the outbreak of COVID-19 will cause the industrial chain of Packaged Fluoride Varnish to break. Both the supply of raw materials and the sales of products will be affected by factory shutdowns and traffic restrictions. The production of Packaged Fluoride Varnish will also decrease production due to raw material supply issues and plant shutdowns.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

Colgate is one of the major players operating in the Packaged Fluoride Varnish market, holding a share of 20.31% in 2021.

Colgate is an American brand principally used for oral hygiene products such as toothpastes, toothbrushes, mouthwashes and dental floss. Colgate is owned by Colgate-Palmolive Company, and its products are also produced by Colgate-Palmolive Company.

Colgate-Palmolive Company is an American multinational consumer products company headquartered on Park Avenue in Midtown Manhattan, New York City. It specializes in the production, distribution and provision of household, health care, personal care and veterinary products.

For over 35 years German based VOCO has been and continues to be one of the leading international manufacturers of dental materials. With VOCO's intensive research and development efforts in the fields of composites, adhesives and other dental materials, VOCO continues to set new standards in the development of innovative dental products and application aids to improve dental care throughout the world.

Segmentation Overview:

Among different product types, Unit dose is less than or equal to 0.40 ml segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Dental Hospitals segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Packaged Fluoride Varnish market covered in Chapter 3:

DenMat
3M
Young Dental
Dentsply Sirona
Ultradent Products
DMG Dental
DÜRR DENTAL
Colgate
Others
Pulpdent Corporation
VOCO
Centrix
Ivoclar Vivadent
Medicom

In Chapter 4 and Chapter 14.2, on the basis of types, the Packaged Fluoride Varnish market from 2018 to 2029 is primarily split into:

Unit Dose Above 0.40 ml
Unit dose is less than or equal to 0.40 ml

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Packaged Fluoride Varnish market from 2018 to 2029 covers:

General Hospitals
Dental Hospitals

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)