Based on the data provided, the dentifrices market size value per capita in Singapore stood at $7 in 2023. In 2024, this value is expected to increase to $7.12, marking a year-on-year growth of approximately 1.7%. For 2025, the forecasted value is $7.26, reflecting a 1.97% increase from 2024. The trend continues with a gradual rise to $7.4 in 2026 (1.93% increase), $7.53 in 2027 (1.76% increase), and $7.66 in 2028 (1.72% increase).
Key trends:
- Year-on-year variations over the last two years show a consistent increase of around 1.7%-1.97%.
- The Compound Annual Growth Rate (CAGR) over the last five years stands at 1.82%.
Future trends to watch for:
- Adoption of advanced dentifrice formulations with added benefits.
- Increasing consumer awareness and preference for oral hygiene products.
- Market expansion due to growing population and urbanization in Singapore.