Press release
Bamboo Toothbrush Market, Industry Growth, Share, Opportunities, Emerging Technologies, Competitive Landscape, Future Plans and Global Trends by Forecast 2027
Market OverviewAs per the analysis by Market Research Future (MRFR), the global bamboo toothbrush market is estimated to procure the market value of USD 842.1 million while thriving at a CAGR of 7% during the forecast period from 2018 to 2024.
The growing concerns regarding plastic pollution is anticipated to be a significant factor driving the global bamboo toothbrush market 2020. The easy recyclability of bamboo is likely to curb the usage of plastic, which is anticipated to enhance the demand for bamboo and strengthen the market. The imposition of anti-plastic policies and stringent rules are likely to enhance the demand for a bamboo toothbrush, which can propel the market. Furthermore, the biodegradable nature of the bamboo toothbrush is anticipated to grow its demand, which is expected to expand the market during the review period. Apart from these, the increasing prevalence of tooth and gum diseases demanding appropriate dental hygiene can increase the demand for bamboo toothbrushes and boost the market in the forecast period.
On the flip side, limited product innovation and the popularity of low-cost plastic toothbrushes are likely to hinder the market expansion during the forecast period. However, the increasing awareness regarding oral hygiene, along with prior mentioned factors, are anticipated to enhance the demand for bamboo toothbrush and develop the market.
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Key Players
The renowned players of the global bamboo toothbrush market are The Humble Co. (Sweden), Boobam (US), BlueRock Products Ltd. (UK), Anything But Plastic (UK), Nature & My Limited (UK), The Green Root (Canada), Bamboo Brush Co. (Australia), and Mother's Vault (US).
Market Segment
The segmental analysis of the global bamboo toothbrush market is done by end-user and distribution channel.
The end-user based segments of the global bamboo toothbrush market are adults and children. Between these two segments, the adult segment is expected to be a larger segment owing to the increasing consumer awareness. On the other side, the children segment is likely to witness faster growth due to the anti-microbial qualities of bamboo, which can be an excellent material for children's toothbrushes.
The distribution-channel based segments of the global bamboo toothbrush market are store-based and non-store based. The store-based segment is sub-segmented into stores, supermarkets, and hypermarkets. Between these two segments, the non-store based segment is predicted to acquire the higher CAGR owing to the increasing reach and growth of e-retail platforms.
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Regional Analysis
Based on the region, the global market is segmented into North America, Asia-Pacific, Europe, and the Rest of the World (RoW).
As per the assessment, the global market is predicted to be dominated by North America owing to the increasing adoption of biodegradable and eco-friendly dental cate products. The establishment of renowned players in the region is likely to further enhance the market strength due to the launch of new products.
The APAC region is expected to be the fastest-growing market during the forecast period owing to the increasing awareness about oral hygiene. Besides, the rising concern towards the environment is predicted to increase the demand for bamboo toothbrush in the region. The role of emerging economies like India, China, and Japan is notable owing to the continuous development taking place.
Europe is expected to acquire a significant market share during the forecast period owing to the increasing awareness about the bamboo toothbrush. Further, the biodegradable nature of bamboo is anticipated to further drive the regional market.
The MEA region is likely to acquire a small amount of market share during the forecast period. Lack of awareness is expected to hamper the expansion of the regional market.
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.
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About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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