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Global Bamboo Toothbrush Market 2021:By End-Use (Adults, Kids), By Distribution Channel (Online, Offline)Global Bamboo Toothbrush Market is the title of an upcoming report offered by Trusted Business Insights. The research study involved the extensive usage of expert opinions, using both primary and secondary data sources and efforts. Also, market risks, opportunities, growth market barriers and challenges, and future scenarios have been covered in the report. The research process involved the study of various factors positively or negatively impacting the industry and market. Factors considered include government policies and mandates, the market environment, competitive landscapes, current and historical trends in the market, technological innovations, new solutions and modifications made to existing provisions, upcoming technologies and the technical progress of related industries. The global bamboo toothbrush market has been segmented on the basis of end-use, distribution channel, as well as regions and countries. The Global Bamboo Toothbrush market size was valued at USD $377.03 Million in 2020, USD $408.18 Million in 2021, forecasted to reach USD $441.89 Million in 2022, and is projected to reach USD $748.26 Million by 2030, and is anticipated to expand at a CAGR of 8.26% over the forecast period from 2020 to 2030.
Overview:Bamboo toothbrushes are similar to any other manual toothbrush, the key difference is that the toothbrush handle is made from bamboo. According to research carried out in the past, studies have indicated that plastic toothbrushes contain toxic chemicals which could lead to behavioral and brain disorders.
Dynamics:Taking into account all the anti-plastic policies and strict regulations imposed by various governments, manufacturers are now focusing on promoting eco-friendly alternatives. Plastic toothbrushes make up a sizeable portion of plastic pollution and due to the increasing awareness of individuals seeking alternative options, the revenue growth of the bamboo toothbrush market is expected to surge. A factor that may hinder the revenue growth of the bamboo toothbrush market is the cost of these products as the raw materials required to manufacture are more expensive to source and are not as easily available as that of plastic. According to a report published by the WHO, almost half the worlds population suffers from oral diseases of some nature. In order to combat the ill-effects of plastic toothbrushes, individuals are now seeking eco-friendly options such as bamboo toothbrushes.
Segmentation of the global bamboo toothbrush market is as follows:In terms of end-use, the adult segment accounted for the highest revenue share in 2019 and is expected to continue to do so over the next 10 years. Owing to higher disposable incomes, individuals are now more keen on spending more for quality products and this is leading to further revenue growth of the bamboo toothbrushes market. The kids segment is expected to register a higher rate of revenue growth owing to new bamboo-based product launches in the coming years. On the basis of distribution channels, the offline distribution channel segment accounted for the majority revenue share in 2019 due to an increasing number of outlets on a global-scale. The online distribution channel segment is also expected to register a significant rate of revenue growth owing to its convenience as well as the additional offers/discounts that are given by retailers to improve sales figures.
Regional Segmentation and Analysis:The market in North America accounted for the majority revenue share of the global bamboo toothbrush market in 2019 owing to the increasing adoption of eco-friendly, biodegradable dental care products in the region. The market in the Asia Pacific region is expected to register the fastest rate of revenue growth due to increasing awareness concerning health and hygiene in these emerging economies.
Below are the leading companies profiled in this Bamboo Toothbrush Market Report:
Chapter 1 Methodology and Scope