From 2013 to 2019, Estonia's sold production of dentifrices remained at zero. In 2020, the market surged to €1,678,000. Although it faced a sharp 35.7% decline in 2021, the market rebounded with 14.7% growth in 2022 and 12.71% in 2023, reaching €1,394,900. Over the next five years till 2028, a steady growth rate is anticipated with a 6.83% annual CAGR, accumulating a 39.17% increase overall.
Future trends to watch for:
- Product innovations and premiumization, impacting consumer preferences
- Sustainability and eco-friendly packaging trends
- Increased online retail channels and digital marketing strategies