Hotline: 1800 102 2007
X
Search Business Opportunities
Feb, 11 2019

Philips to expand its oral healthcare portfolio

The global oral care market is estimated to reach $63.48 billion by 2023.

Philips India, the consumer goods major, is set to expand its oral healthcare portfolio in India.

ADA Ratnam, President (personal health), Philips India Subcontinent, said, "We are looking at expanding in oral healthcare segment in India. It is a big business for us globally. We would like to introduce products in the country with a strong focus on Indian consumer needs."

Internationally, the oral healthcare portfolio of Philips falls under five categories, including power toothbrushes; brush heads; interdental cleaning; oral hygiene; and whitening.

The global oral care market is estimated to reach $63.48 billion by 2023. It was valued at $40.63 billion in 2016.

Philips India posted 15% CAGR in the last seven years in the beauty segment. 

"This year the personal health division grew by about 12-15 per cent by strengthening its presence in new categories besides launching new products. India is among the top ten markets for the personal health business of Philips globally," Ratnam further stated.

Comment
image
Related opportunities
  • Security Services
    About Us: V-Authenticate builds innovative security products that raise security standards..
    Locations looking for expansion Maharashtra
    Establishment year 2006
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • About Us: MCTA provides Job Ready Certification Programs in Digital Marketing..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 650
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Chocolate Stores
    About Us: Choco Wanka does handcrafted made chocolates with as many..
    Locations looking for expansion Karnataka
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bengaluru Karnataka
  • GPS navigaiton & tracking system
    About Us: trackNOW Pvt Ltd. is the brainchild of a pair..
    Locations looking for expansion Gujarat
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities