Between 2013 and 2023, the per capita market size value for Model Paste, Dental Paste, and Dental Waxes in Belgium showed an overall upward trend. It began at $2 in 2013 and reached $3.44 in 2023. Despite a decline in 2020 at $2.6, the market maintained growth with significant recoveries in 2021 and 2022. The year-on-year variations were particularly notable in 2022 with a 3.09% increase and in 2023 with a 2.99% rise. Over the last five years, the compound annual growth rate (CAGR) was approximately 3.11%, reflecting robust sector resilience.
Future trends to watch for:
- Advancements in dental technology driving product innovation.
- Increased emphasis on oral hygiene boosting demand.
- Potential economic fluctuations impacting consumer spending.