The dental cements and dental fillings market in Thailand has shown a generally positive trend from 2013 to 2023, growing from 19.373 million USD to 32.419 million USD. Over the last two years, the year-on-year growth rates have been around 2.67% in 2022 and 2.55% in 2023, showing moderate but consistent growth. The Compound Annual Growth Rate (CAGR) for the past 5 years has been 2.83%. Looking forward, the forecasted CAGR for the next five years is 1.74%, with an overall growth rate of 9.03% by 2028, indicating continued but slower growth compared to the previous decade.
Future trends to watch for:
- Technological advancements in dental materials increasing market demand.
- Rising awareness and demand for dental care and cosmetic dentistry.
- Impact of the aging population in Thailand on the demand for dental restorations.
- Influence of economic factors on discretionary spending for dental procedures.