Dublin, May 19, 2023 (GLOBE NEWSWIRE) -- The "Global Electric Toothbrush Market (2023-2028) by Frequency Per Minute, Bristle, Product, Head Movement, End User, and Geography, Competitive Analysis, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Electric Toothbrush Market is estimated to be USD 781.2 Mn in 2023 and is expected to reach USD 1158.51 Mn by 2028, growing at a CAGR of 8.2%.
Market dynamics are forces that impact the prices and behaviours of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.
There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Electric Toothbrush Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Electric Toothbrush Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Electric Toothbrush Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Market Dynamics
Drivers
- Increasing Population and Rapid Urbanization
- Rising Demand for Toothbrush Giving Effective Cleaning
Restraints
- High Cost of Electric Toothbrush
- Requirement of Electricity or Batteries
Opportunities
- Launch of Innovative Designs
- Significant Expenses in Marketing and Advertising
Challenges
- Lack of Awareness among People
- Chances of Damaging Gums due to Excessive Brushing
Companies Mentioned
- ARVITEX, LLC.
- BURST USA, Inc.
- Colgate-Palmolive Company
- Curaden Germany GmbH.
- Ekinoks Ic Ve Dis Ticaret Ltd Sti
- FOREO
- Hayco Manufacturing Ltd.
- JSB Healthcare
- Koninklijke Philips N.V.
- Lifes2good
- Longbehn & Co., Inc.
- Mornwell
- Olip Co. Ltd.
- Panasonic Corp.
- Procter and Gamble Company
- Ranir (A Perrigo Company)
- Shenzhen Risun Technology Co. Ltd.
- The Betty Mills Company
- Water Pik, Inc.
- Xiaomi Corp.
Market Segmentation
The Global Electric Toothbrush Market is segmented based on Frequency Per Minute, Bristle, Product, Head Movement, End User, and Geography.
- By Frequency Per Minute, the market is classified into 2, 000-2, 400, 000 Hz and 20-20, 000 Hz.
- By Bristle, the market is classified into Nanometer and Soft.
- By Product, the market is classified into Power, Sonic, and Ultra-Sonic.
- By Head Movement, the market is classified into Oscillations and Side-to-Side.
- By End User, the market is classified into Adult and Children.
- By Geography, the market is classified into Americas, Europe, Middle East & Africa and Asia-Pacific.
For more information about this report visit https://www.researchandmarkets.com/r/poe8m2
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