Government support for eco-friendly alternatives for plastic goods coupled with numerous anti-plastic legislation being promulgated in various countries leads to dominate the global toothbrush market
The global bamboo toothbrush market accounted for US$ 0.52 billion in 2018 and is estimated to be 0.84 billion by 2025 and is anticipated to register a CAGR of 7.0%. The report. "Global Bamboo Toothbrush Market, By End-user (Adults and Kids), By Distribution Channel (Offline and Online), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”.
Key Highlights:
• On October 2019, Colgate-Palmolive Company introduced bamboo toothbrush in order to control the rising plastic pollution across the globe. These products are manufactured from 100% bamboo, which are grown sustainably. The handle of the toothbrush is coated with beeswax to minimize water absorption and expand durability.
Analyst View:
Growing awareness toward the health and hygiene coupled with plastic pollution globally
Since recent years, the governments of various countries across the globe including Japan, Germany, Thailand, and South Africa have launched anti-plastic strategies coupled with numerous stringent rules for plastic products and are effectively recycling plastics. As per the report ‘Single-use Plastics: A Roadmap for Sustainability’ published by the United Nations (UN), in 2018, countries such as Finland, Germany, Spain, Austria, Canada, Sweden, Australia, Thailand have the most successful stringent regulations for the plastic products. The governments of several countries are promoting the eco-friendly substitutes for plastic goods, which are expected to drive the demand for bamboo toothbrush worldwide. Further, only a small part of plastic toothbrushes is recycled rest go directly to the landfill. This results in huge plastic pollution. These factors are expected to propel the product demand in the coming years.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Bamboo Toothbrush Market”, By End-user (Adults and Kids), By Distribution Channel (Offline and Online), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030
Key Market Insights from the report:
The global bamboo toothbrush market accounted for US$ 0.52 billion in 2018 and is estimated to be 0.84 billion by 2025 and is anticipated to register a CAGR of 7.0%. The market report has been segmented on the basis of end-user, distribution channel, and region.
• By end-user, adult toothbrushes is the larger segment owing to growing consumer awareness of eco-friendly products. Adult toothbrushes are easier to mass produce and more robust, witnessing the adult toothbrush market a perfect launching pad for bamboo toothbrush producers. Children segment is expected to witness a faster growth rate mainly due to the anti-microbial qualities of bamboo creating it an ideal material for children’s toothbrushes.
• By distribution channel, the online segment is expected to register the fastest growth, growing at a CAGR of 9.8% from 2020 to 2027. Customers are now undertaking e-commerce due to availability of wide range of products with distinct pricing and great discounts
• By region, North America accounted for the highest bamboo toothbrush market, estimating for a revenue share of over 45.0% in 2019 due to growing adoption of eco-friendly and biodegradable dental care products. Several manufacturers such as The Humble Co., Colgate-Palmolive Company, Bamboo Brush Co., Environmental Toothbrush, and Brush with Bamboo are introducing new products to gain maximum penetration worldwide.
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Competitive Landscape:
The prominent player operating in the global bamboo toothbrush market includes Colgate-Palmolive Company, Ecolife Innovations LLC, The Humble Co., Brush with Bamboo, Bamboo Brush Co., Mother’s Vault, Yangzhou E.S. Toothbrush Co., Ltd, The Bamboo Brush Society, Environmental Toothbrush, and Bamboo Toothbrush Bam&Boo.
The market provides detailed information regarding industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory framework across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included into the report.
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Some Important Points Answered in this Market Report Are Given Below:
• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter’s five forces Analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period
Key Topics Covered
1. Introduction
• Study Deliverables
• Study Assumptions
• Scope of the Study
2. Research Methodology
3. Executive Summary
• Opportunity Map Analysis
• Market at Glance
• Market Share (%) and BPS Analysis, by Region
• Competitive Landscape
• Heat Map Analysis
• Market Presence and Specificity Analysis
4. Investment Analysis
5. Competitive Analysis
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