Press release
Electric Toothbrush Market With an Impressive CAGR During 2017-2023
Electric Toothbrush Market
Electric toothbrush market was valued at $2,200 million in 2016, and is projected to reach $3,770 million by 2023, growing at a CAGR of 8.0% from 2017 to 2023. The adult electric toothbrush accounted for more than 76% of the global electric toothbrush market in 2016.
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The Asia-Pacific electric toothbrush market is witnessing a rapid growth rate, as electric toothbrushes have gained popularity due to their improved cleaning of oral cavity. In addition, upsurge in disposable income in this region and increase in prevalence of dental caries drive the market growth.
The report segments the global electric toothbrush market on the basis of bristle, head movement, end user, and geography. Based on bristle, the market is bifurcated into soft bristles and nanometer bristles. By head movement, it is classified into rotation/oscillation and sonic/side-to-side. The end users of the industry include adults and children. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The key players operating in this market are Colgate Palmolive, Panasonic, FOREO, Koninklijke Philips N.V., Procter and Gamble Co., Water Pik, Inc., Mornwell, Shenzhen Risun Technology Co. Ltd., SONIC Chic, and JSB Healthcare.
Key Benefits for Stakeholders
o This report provides quantitative analysis of the current trends, estimations, and dynamics from 2017 to 2023, which assist to identify the prevailing market opportunities.
o Major countries in each region have been mapped based on the revenue contribution to the global market.
o Market player positioning of the industry has been provided to provide a clear understanding of their competitive strengths.
o Porter's Five Forces analysis is used to illustrate the potential of suppliers and buyers in the industry.
o Comprehensive analysis of factors that drive and restrict the growth of electric toothbrush is provided.
o The report focuses on the regional & global market, the key players, and market segments apart from a detailed study on the divisions and application areas.
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