Market Insights Consumer Beauty & Personal Care Personal Care

Oral Care - Montenegro

Montenegro

In Montenegro, the revenue in the Oral Care market is projected to reach US$5.53m in 2024.
With an annual growth rate of 3.19% (CAGR 2024-2029), the market is expected to expand steadily.
When compared globally, in the United States leads the pack with a significant revenue of US$10,080m in 2024.
In terms of per capita revenue, in Montenegro generates US$8.83 per person in 2024.
This metric provides an insight into the economic impact of the Oral Care market on the population.
Montenegrin consumers are increasingly prioritizing natural and organic oral care products to maintain their dental health.

Key regions: Indonesia, United States, United Arab Emirates, Worldwide, Canada

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Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.