Electric Toothbrush Market Market Expected to reach $6,549.1 Million by 2031
Electric toothbrush has witnessed increase in popularity in the resent decade, due to rise in awareness towards oral hygiene among people and increase in oral complications globally. Moreover, electric toothbrush helps in effective removal of plaque and calculus from the oral cavity as compared to the manual toothbrush, thereby reducing oral problems such as gum diseases and tooth decay. In addition, the use of soft bristles in electric toothbrush helps in fighting tooth sensitivity. FOREO created ISSA, a unique electric toothbrush made of non-irritating silicon bristles, which reduce the pain caused by brushing in sensitive areas of oral cavity.
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According to electric toothbrush market analysis, the electric toothbrush market is segmented on the basis of bristle, head movement, end user, and region.
On the basis of bristle, the global electric toothbrush market is divided into soft bristles and nanometer bristles.
The soft bristles segment is a major contributor to global electric toothbrush market, and is anticipated to be the most lucrative segment during the forecast period, as it offers several oral benefits such as prevention of plaque formation & dental caries andis better suited for sensitive teeth.
In 2020, North America and Europe collectively accounted for more than 76% of the global electric toothbrush industry, in terms of value, owing to increase in popularity of the electric toothbrush and high disposable income in this region. Asia-pacific is projected to grow at the highest rate, followed by LAMEA, owing to rise in oral health awareness.
One of the most significant market prospects for increase in the electric toothbrush market share is a surge in oral hygiene awareness among young people. The advanced applications of the electric toothbrush such as gum massaging and teeth whitening are likely to drive the electric toothbrush market demand in the coming years. The adoption and integration of innovative technologies is expected to open up new avenues for global electric toothbrush market expansion.
The requirement to replace the head of electric toothbrushes every three to six months is a possible major hurdle to the market's expansion. The cost of replacing the head is likely to deter people from using electric toothbrushes. On the other hand, the electric toothbrush market growth is expected to accelerate due to the change in global market dynamics and technological advancements. These electric toothbrush market trends drive the market growth.
A large number of major firms are concentrating their efforts on the dynamic markets of North America and Europe. Furthermore, most parts of the world are seeing an increase in the use of technology assessment as a development strategy. The electric toothbrushes are being enthusiastically adopted by the local people is such places, providing an opportunity for major market players.
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The global electric toothbrush industry is fiercely competitive, with companies investing much in marketing and product promotion. To penetrate the electric toothbrush market, capture huge market shares, and build brand awareness; the key market players are utilizing new and innovative marketing and promotion strategies to promote their products globally.
The major companies profiled for the electric toothbrush market include 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 Findings Of Study
The sonic/side-to-side segments expected to grow at a high CAGR of 8.3%, in terms of value, during the forecast period.
The soft bristles segment is anticipated to grow at a high CAGR of 7.9%, in terms of value during the forecast period.
Asia-Pacific is expected to grow at the highest CAGR of 9.0%, in terms of value during the forecast period.
The Europe electric toothbrush accounted for more than 40% of the global market in 2020.
The U.S. accounted for more than 72% of the North American market in 2020.
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TABLE OF CONTENT :-
1.2.Key Market Segments
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2:EXECUTIVE SUMMARY
CHAPTER 3:MARKET LANDSCAPE
3.1.Market Definition and Scope
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3.Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power among Buyers
3.4.Market Share Analysis/Top Player Positioning
3.4.1. Market Share Analysis/Top Player Positioning 2020
3.6.COVID-19 Impact Analysis
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