Pune, India, Nov. 02, 2021 (GLOBE NEWSWIRE) -- According to Fortune Business Insights™, the global toothbrush market is set to gain traction from the rising concerns of environmental hazards because of the extensive usage of plastic-based oral care products. To maintain environmental sustainability, manufacturers are producing disposable toothbrushes. The report further states that the market size was USD 6.80 billion in 2019 and is projected to reach USD 8.24 billion by 2027, exhibiting a CAGR of 2.9% during the forecast period.
List of Companies Profiled in the Global Toothbrush Market are:
- Colgate Palmolive Co. (New York, U.S.)
- Procter & Gamble Co. (Ohio, U.S.)
- Johnson & Johnson (New Jersey, U.S.)
- Unilever (London, U.K.)
- Church & Dwight Co. Inc. (Ewing Township, U.S.)
- Reckitt Benckiser Group Plc. (Slough, U.K.)
- Koninklijke Philips N.V. (Amsterdam, Netherlands)
- GlaxoSmithKline Plc. (Brentford, U.K.)
- Lion Corporation (Tokyo, Japan)
- Curaden AG (Kriens, Switzerland)
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Drivers & Restraints-
Rising Incidence of Oral Cancer & Tooth Decay to Augment Growth
At present, the incidence of oral-related diseases, such as noma, oro-dental trauma, oral cancer, periodontal diseases, and tooth decay is increasing worldwide at a rapid pace. It is set to surge the demand for medically prescribed toothbrushes. According to a report by the Llywodraeth Cymru Welsh Government, in Wales, around 2,426,600 cases of dental treatment occurred between 1st April 2018 to 31st March 2019. It is set to propel the toothbrush market growth in the near future. However, major companies are facing difficulties in expanding their oral care businesses owing to the dominance of several unorganized and local enterprises. It may obstruct growth.
Segment-
Manual Segment Earned 78.12% Share in 2019 Stoked by Their Easy Availability
Based on product type, the manual segment generated 78.12% in terms of the toothbrush market share in 2019. This growth is attributable to the rising usage of manual toothbrushes because of their easy availability in supermarkets and convenience stores. They are also cheaper, as compared to the electric ones.
Regional Analysis-
Increasing Geriatric Population to Augment Growth in Asia Pacific
Geographically, in 2019, Asia Pacific held USD 2.32 billion in terms of revenue. China is considered to be the major contributor to this growth on account of the presence of geriatric population in the country. Apart from that, in developing nations, such as India and Indonesia, the number of supermarkets and convenience stores is increasing rapidly.
On the other hand, North America is expected to grow rapidly backed by the increasing number of innovative product launches by reputed companies, such as Unilever Plc., and Colgate Palmolive Co. in Canada and the U.S. Coupled with this, busy working habits and improper lifestyles of people would spur growth in this region.
Competitive Landscape-
Key Players Aim to Develop Unique Toothbrushes to Intensify Competition
The market houses multiple prominent manufacturers that are focusing on introducing innovative dental care products to attract more consumers. They are nowadays investing hefty amounts of money in research and development activities.
Browse Detailed Summary of Research Report with TOC:
https://www.fortunebusinessinsights.com/toothbrush-market-103880
Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Trends
- Key Insights
- Overview of the Parent/Related Markets
- Industry SWOT Analysis
- Supply Chain and Regulatory Analysis
- Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
- Qualitative Analysis (in relation to COVID-19)
- 4.5.1 Impact of COVID-19
- 4.5.2 Supply Chain Challenges
- 4.5.3 Potential Opportunities due to COVID-19
- Global Toothbrush Market Analysis, Insights, and Forecast, 2016-2027
- Key Findings / Summary
- Market Size Estimates and Forecast
- By Product Type (Value)
- Manual
- Electric
- By Bristles (Value)
- Soft
- Medium
- Firm
- By Applications (Value)
- Adult
- Children
- By Region (Value)
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
- By Product Type (Value)
TOC Continued…!
Below are the latest industry developments:
- January 2020: Perrigo Company plc’s Ranir subsidiary successfully acquired a leading toothbrush accessory brand named Steripod®. It is a part of Bonfit America Inc. It contains the brand’s portfolio of tongue cleaners, kids' products, and antibacterial toothbrush protectors.
- February 2020: WowWee® introduced its latest smart toothbrush for kids called BriteBrush. The brush uses live coaching, games, and songs to enable proper brushing. It is equipped with the Modified Bass Technique.
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Oral Care Market Size, Share & COVID-19 Impact Analysis, By Product Type (Toothbrush, Toothpaste, Mouthwash, and Others), Application (Household and Commercial), Distribution Channel (Hypermarket/Supermarket, Online, and Others), and Regional Forecast, 2020-2027
Cosmetics Market Size, Share & Industry Analysis, By Category (Hair Care, Skin Care, Makeup, and Others), By Gender (Men and Women), By Distribution Channel (Specialty Stores, Hypermarkets/Supermarkets, Online Channels, and Others), and Regional Forecast, 2019-2026
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