Electric Toothbrush Market Size, Share, Segments, Analysis and Forecast 2030
As per their “Electric Toothbrush Market” report, the global market was valued at USD 3.6 billion in 2022, growing at a CAGR of 8.2% during the forecast period from 2023 - 2030 to reach USD 7.8 billion by 2030.
An Upcoming Era of Electric Toothbrush, the electric toothbrush emerged as a revolutionary oral hygiene tool, transforming the way people care for their teeth. It made its debut in the 1950s, initially seen as a novelty but gained traction as technology improved. Over the decades, its design evolved, incorporating features like oscillating heads, rotating bristles, and sonic vibrations, enhancing its efficiency and effectiveness. Presently electric toothbrushes are widely embraced for their convenience, varied brushing modes, timers, and advanced features that promote better oral health. In recent years, there have been many agreements and collaborations between countries to take technological advancements to the next level. The electric toothbrush market is developing at a gigantic rate inferable from the popularity of smart devices. Other factors such as the increased utilization of electric toothbrushes, and a rise in the urban population are driving factors for the market. A few of the recent collaborations in the field of the electric toothbrush market are:
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· In November 2023, a delegation of engineers from India- Indian Engineers Bring Expertise bringing diverse technical experience and innovative ideas, collaborated with Aiwejay’s team to explore the integration of cutting-edge technology into electric toothbrush design and manufacturing.
· In May 2022, Colgate, the global leader in oral care, collaborates with Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, to launch their new electric toothbrush that is 'Tailored for Your Smile'.
· In January 2022, Oral-B also announced its new partnership with Grin, a teledentistry platform, to allow customers to capture high-resolution images of their mouth using a smartphone, and then securely transfer those images to their provider for an at-home consultation.
· In March 2021, Colgate-Palmolive and Philips started a long-term collaboration to bring the oral care benefits of electric toothbrushes to people in Latin America.
Scope of Improvement: The market is full of obstacles, however, there is a steady increase in the growth of the electric toothbrush market. As this dynamic market continues to expand and develop, it is indicative of a strong ambition to introduce cutting-edge techno-products around the world. The electric toothbrush industry is constantly innovating and redefining its environment in all possible directions to identify efficient technologies for developing innovative electric toothbrush models.
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Conclusion:
The electric toothbrush market is still in its early stages of development, due to the industry's history of rapid expansion and growth. One of the most exciting developments in the market is the development of improved innovative products. Furthermore, increased investment in research and development further increases the potential of the market. Conclusively, the electric toothbrush market is facing unique challenges but is making significant progress toward the development of improved electric toothbrushes. This emerging market has the potential to contribute to global efforts in the development of effective products that are user-friendly as well. According to the UnivDatos increasing product launches by companies to find electronic toothbrushes, and rising research and development activities will drive the global scenario of the electric toothbrush market.
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