The Global Electric Toothbrush Market is
Estimated to be valued at USD 5,852.2 Million by 2024 and is
expected to register a CAGR of 7.46% during the forecast
period. An electric toothbrush is an automatic toothbrush that
operates with an electric motor in the handle which vibrates the head of the
brush. It is more convenient than a manual toothbrush. They are available in
two types rechargeable and battery-operated. Rechargeable electric toothbrushes
are equipped with a rechargeable in-built battery which can be plugged into a
wall socket while battery-operated toothbrushes require the battery to be
replaced at regular intervals.
Europe was the largest market for electric toothbrushes
in 2018 and the regional market is expected to maintain its
dominance during the review period. North America held a significant market
share and was the second-largest market for electric toothbrushes in 2018.
The market in the US is projected to exhibit a growth rate of 7.42% during
the forecast period to be the largest country-level market. However, the
Asia-Pacific market is projected to register the highest CAGR during the
forecast period. Growing product awareness followed by increasing per capita
disposable incomes is the major factor driving the growth of the market in the
region.
Market Players
Market Research Future recognizes Koninklijke
Philips N.V. (Netherlands), The Procter & Gamble Company (US), Panasonic
Corporation (Japan), OMRON Corporation (Japan), Colgate-Palmolive Company (US),
Foreo AB (Sweden), Pursonic, LLC (US), Smilex (US), Kolibree SAS (France),
Conair Corporation (US), Lion Corporation (Japan), and Wellness Oral Care (US) as
the key players in the global electric toothbrush market.
Regional Analysis
Geographically, the global electric
toothbrush market has been segmented into North America, Europe,
Asia-Pacific, South America, and the Middle East & Africa. As per MRFR
analysis, Europe dominated the market, accounting for the largest share of the
market in 2018. However, the market in Asia-Pacific is expected to
register the highest CAGR of 8.12% during the assessment
period. The North American market accounted for the second-largest market
share in 2018. The market in North America is estimated to
reach USD 2,212.5 million by the end of 2024, with the US being the
leading market.
Complete Report Details @ https://www.marketresearchfuture.com/reports/electric-toothbrush-market-7983
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