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.
Segmental Analysis
The global electric
toothbrush market has been segmented on the basis of product type, end
user, and region.
By product type, the market has been divided into rechargeable
and battery. The rechargeable type segment accounted for the larger market
share in 2018. These toothbrushes work on an oscillating-rotating
technology with 3-dimensional brushing actions, which is driving the growth of
the segment. Rechargeable electric toothbrushes offer additional features over
battery-powered and regular manual toothbrushes and the segment is expected to
register the higher CAGR during the forecast period.
Based on end user, the global electric toothbrush market has
been classified as adults and children. The adults segment accounted
for the larger market share in 2018. Changing lifestyle and
untimely eating patterns reduce the effectiveness of manual toothbrushes, which
is fuelling the adoption of electric toothbrushes among adults. The
segment is also projected to exhibit the higher CAGR during the forecast
period.
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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