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NEW YORK, June 14, 2022 /PRNewswire/ — The Global Electric Toothbrush Market size is expected to increase by USD 2.34 billion, at a CAGR of 8.01% during the forecast period, according to Technavio. The electric toothbrush market segmentation by distribution channel (retail outlets and online stores) and geography (North America, Europe, APAC, and South America).
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Church and Dwight Co. Inc., Colgate-Palmolive Co., FOREO AB, Koninklijke Philips NV, Lion Corp., OMRON Corp., Panasonic Corp., Quip NYC Inc., The Procter and Gamble Co., and Xiaomi Corp. are some of the major market participants.
The rising prevalence of periodontal diseases and rising awareness of oral health will offer immense growth opportunities, however, the high cost of electric toothbrushes will challenge the growth of the market participants.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Check our latest Sample Report.
By distribution channel, the market witnessed maximum growth in the offline segment. Factors such as high product visibility and the possibility to examine products before purchase are driving the growth of the offline segment. In terms of geography, North America is expected to observe maximum growth during the forecast period. The region currently holds 45% of the global market share.
Increasing awareness about oral health problems and periodontal diseases such as gingivitis, dental plaque, and peri-implant mucositis and new product launches are driving the growth of the electric toothbrush market in North America.
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Technavio presents a detailed picture of the electric toothbrush market by the way of study, synthesis, and summation of data from multiple sources.
This study identifies increased marketing and promotion as one of the prime reasons driving the electric toothbrush market growth during the next few years.
Electric Toothbrush Market Vendor Analysis
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Electric Toothbrush Market Key Highlights
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Electric Toothbrush Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.01% |
Market growth 2020-2024 |
USD 2.34 billion |
Market structure |
Fragmented |
YoY growth (%) |
7.03 |
Regional analysis |
North America, Europe, APAC, and South America |
Performing market contribution |
North America at 47% |
Key consumer countries |
US, Germany, Canada, and Japan |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Church & Dwight Co. Inc., Colgate Palmolive Co., FOREO AB, Koninklijke Philips NV, LG Electronics Inc., OMRON Corp., Panasonic Corp., Quip NYC Inc., The Procter & Gamble Co., and Wellness Oral Care |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Distribution channel
6 Customer landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
SOURCE Technavio
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