Electric Toothbrush Market Competitors, Growth Opportunities, and Forecast 2030


 Electric Toothbrush Market Outlook

Electric toothbrushes are toothbrushes which perform zigzag and back-and-forth oscillations for cleaning teeth. Rise in health consciousness among consumers as well as awareness of oral hygiene are main factors driving the sales of electric toothbrushes. The global electric toothbrush market report by Market Research Future (MRFR) provides an analysis of trends and opportunities with emphasis at regional and country levels.

The global electric toothbrush market is expected to touch a towering valuation of USD 7,519.6 Mn by exhibiting 8.24% CAGR from 2022 to 2030 (forecast period). Its benefits over conventional brushes are likely to drive the market growth. Integration of pressure sensors and a timer can culminate in high sales of electric brushes.

Efforts by reputed organizations such as the American Dental Association (ADA) for creating awareness of oral hygiene among children are anticipated to boost market growth. High prevalence of oral diseases such as tooth decay which affects children and adults due to consumption of sugar and other products can bode well for the market. Migration to urban areas and changes in lifestyles can evoke the demand for electric toothbrushes.

The large healthcare budget, rising share of the middle-class, and high expendable income levels of the population are other factors which can bolster the demand in the global electric toothbrush market. Clinical trials outlining the efficacy and performance of brushes are deemed to spur the market demand.

Competitive Outlook

Panasonic Corporation, Koninklijke Philips N.V., Lion Corporation, OMRON Corporation, Pursonic, LLC, Smilex, The Procter & Gamble Company, Kolibree SAS, Colgate-Palmolive Company, Wellness Oral Care, Foreo AB, and Conair Corporation are some of the electric toothbrush key market players.

Development of novel products, collaborations, and partnerships are main strategies of these players.

Segmentation Analysis

The global electric toothbrush market overview is segmented by type and end-user.

By type, it is segmented into rechargeable and battery-powered devices. The rechargeable segment is expected to reach a value of $4,526.8 million by 2024. These brushes are equipped with a nearly 180-degree rotation and can be plugged into an electric socket for self-recharging. On the other hand, the battery segment can exhibit a respectable CAGR during the forecast period.

By end-user, it is segmented into adults and children. The adults segment accounted for the lion’s share of the global electric toothbrush market in 2018. This can be attributed to the changing lifestyles of adults and their eating patterns, which evoke the need for electric toothbrushes. The children's segment, on the flip side, is deemed to accrue a significant portion of market revenue due to a plethora of options for kids. Ergonomically designed brushes with the capability of reaching unreachable recesses of the mouth can be a likely factor driving segment growth.

Regional Analysis

Europe, the Middle East and Africa (MEA), North America, Asia Pacific (APAC), and South America are regions covered in the electric toothbrush market report.

Europe has captured close to 40.51% of the market in 2022, with Germany expected to contribute the most to the region in the coming years.

The APAC region is predicted to exhibit an 8.12% CAGR during the forecast period due to the rise in expendable income levels of consumers accompanied by the increasing awareness of oral hygiene.

North America can reach a value of USD 2,215.9 million by 2030. This can be attributed to the high disposable income levels of consumers, the variety of electric toothbrushes, and various government initiatives encouraging their daily use.

Industry News

Huami and Oclean are expected to collaborate for launching a new electric toothbrush with a touchscreen attached. The products launched by Oclean needed to be paired with a smartphone application for consumers. Alerts and notifications reminded customers of brushing times, cleaning scores, and battery life.

Startups are also entering the market landscape for creating a one-stop health solution for consumers. Quip, a U.S. company, is a direct-to-consumer oral health service which sells electric toothbrushes at reasonable prices and accompanied by instructions and lecture to enhance your brushing experience.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

Comments

Post a Comment

Popular posts from this blog

Protein Bars Market Revenue, Share by Type, Source, Top Companies, Regional Growth | Forecast

Image
  Market Overview As per the assessment conducted by Market Research Future (MRFR), the global protein bars market is anticipated to acquire a market value of USD 1,820.6 million while expanding at a CAGR of 7.24% by 2024. Protein bars are nutritional supplements, which offer vitamins, proteins, and others. These products maintain muscle, boost immunity, and provide essential amino acids to the body. The growing prevalence of several health diseases such as; obesity and diabetes has resulted in an increased inclination of people to consume healthy food. The increasing demand for organic ingredients in food and nutritional supplements are likely to boost the market in the coming time. Further, the surging trend of veganism and changing lifestyle are other salient causes that can enhance the market expansion during the forecast tenure. In addition to these, the surging demand for healthy packaged food can be recognized as a crucial factor that can boost the market significantly. ...
Read more

Palm Oil Market Size, Key Players, Opportunities, Statistics, Gross Margin | Forecast

Image
  Market Insights The global Palm Oil Market Size is predicted to expand at 7.6% CAGR over the forecast period owing to its extensive demand in several applications such as bio-diesel, cooking, lubricants, and more, asserts Market Research Future (MRFR). One of the most nutritious edible oil, palm oil is derived from palm fruit. Palm fruit is originally from the Western African region but can easily flourish where rainfall and heat are in abundance. Future Drivers and Constraints Impacting the Market Palm oil is witnessing a high demand in the global market as it can be used as a bio-diesel, cooking oil, cosmetics, lubricants, and others. Palm oil is highly used in vegetable oil for cooking which is a major factor affecting the market positively. Palm oil is also used as feedstock for producing biodiesel in the biofuels market and also as an alternative to mineral oils in power stations which is further stimulating the market growth to a large extent. Additionally, gove...
Read more

Seafood Mushroom Market Statistics, Forecast, Quality Analysis, Top Competitor by Regional Revenue

Image
Seafood Mushroom Market Overview The Seafood Mushroom Market is expected to grow from 1.51(USD Billion) in 2024 to 2.2 (USD Billion) by 2032 and CAGR (growth rate) is expected to be around 4.77% during the forecast period (2024 - 2032). Seafood mushrooms, also known as seafood-flavored mushrooms, are a unique category within the mushroom market, renowned for their distinctive taste and texture that resemble seafood. These mushrooms, often including varieties like oyster mushrooms and king trumpet mushrooms, are popular for their versatility in culinary applications and their ability to mimic the flavors and textures of seafood. The global seafood mushroom market has been experiencing steady growth, driven by increasing consumer interest in plant-based and healthy eating alternatives. The rising popularity of seafood mushrooms can be attributed to several factors. Firstly, the growing trend of veganism and vegetarianism has led consumers to seek out meat and seafood alternatives that p...
Read more