Electric Toothbrush Market worth US$ 4.1 Billion 2029 with a CAGR of 6.6 %
The report " Electric Toothbrush Market,
By Technology (Vibrational Electric Toothbrush and Rotation Oscillation
Electric Toothbrush), By Distribution Channel (Online and Offline), By End-User
(Adults and Kids), and Region - Global Forecast to 2029" Global electric toothbrush market is projected to grow from US$ 2.7
billion in 2020 to US$ 4.1 billion by 2029. Increasing awareness regarding oral hygiene among the individuals across
the globe is a key factor driving global electrical toothbrush market. In
addition, increasing prevalence of dental caries has created demand for
electric toothbrush which is fueling growth of global electric toothbrush
market over the forecast period. Furthermore, rising disposable income, along
with improved standard of living are some among major factors anticipated to
boost growth of the global electric toothbrush market in the near future. Technological advancements in the product are
anticipated to create cost effective opportunities for the key players
operating in the global electric toothbrush market. These advancements includes
use of bluetooth technology in electric toothbrush, brush with LCD screens
which show brushing time, etc.
Key Highlights:
·
In February 2019, for instance, The Procter & Gamble
Co. has set to roll out the Oral-B Genius X electric toothbrush, which uses
artificial intelligence to track where people are brushing in their mouth. A
smart phone application provides personalized details on areas that require
additional brushing.
Key Market Insights from the
report:
The global electric toothbrush market accounted for US$ 4.1 and is
projected to register a CAGR of 6.6 % over the forecast period. The market
report has been segmented on the basis of technology, distribution channel, end-user, and region.
·
By technology, the
vibrational electric toothbrush segment
accounted for major revenue share in 2018, owing to effective cleaning of oral
cavity as compared to rotation/oscillation head movement.
·
By distribution channel, the
online segment accounted for major revenue share in 2018,
owing to increasing use of online platform across the globe.
·
By end-user, the adults
segment is accounted for major revenue share in
2018 since, oral complications are more
prevalent among the adults.
·
By region, Asia Pacific electric toothbrush market accounted for major revenue share of the global
electric toothbrush market and is further anticipated to maintain its dominance
over the forecast period. This is attributed to availability
of electric toothbrush brands in the countries in the regions. Availability of
these industries through online platform in the countries such as the U.S. and
Canada is major factor expected to support growth of the North America market
over the forecast period. The market in Europe is expected to account for second-highest revenue
share in 2019.
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The prominent
player operating in the global electric toothbrush market includes The
Procter & Gamble Company, Colgate-Palmolive Company, Panasonic Corporation,
Koninklijke Philips N.V., Shenzhen Risun Technology Co. Ltd., Mouth Watchers,
LLC, Conair Corporation, Quip, Inc., Water Pik Inc., and Kolibree SAS.
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