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. This information is published by Fortune Business Insights™ in a new report, titled, “Toothbrush Market Size, Share & Industry Analysis, By Product Type (Manual and Electric Toothbrush), Bristles (Soft, Medium, and Firm), Application (Adults and Children), and Regional Forecast, 2020-2027.” The report further states that the toothbrush 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.
COVID-19 Pandemic to Bolster Growth Owing to High Demand for Personal Care Products
The COVID-19 pandemic globally has surged the demand for personal care and hygiene-related products. The U.S. Department of Commerce declared that between June 2019 to May 2020, the sales of health and personal care stores increased by 6.9%. This is because people are trying to prevent the transmission of coronavirus by maintaining cleanliness. Our research reports include detailed information of the current state of the market. You can select the appropriate strategy to implement for business growth.
To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit: https://www.fortunebusinessinsights.com/toothbrush-market-103880
This Report Answers the Following Questions:
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.
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.
Increasing Geriatric Population to Augment Growth in Asia Pacific
Geographically, 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.
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. Below are the latest industry developments:
- : 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.
- : 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.
A list of all the renowned toothbrush manufacturers operating in the global market: