Toothbrush Sterilizer Market Growth, Trends and Report Highlights
According to a new report Global Toothbrush Sterilizer Market, published by KBV research, The Global Toothbrush Sterilizer Market size is expected to reach $239.2 Million by 2027, rising at a market growth of 17.7% CAGR during the forecast period.
On the basis of product type, the toothbrush sterilizer market is further segmented into wall-mounted and plug-in charging. The wall-mounted segment garnered the maximum share of the Toothbrush Sterilizer Market in 2020. The factors that are attributed to the higher dominance of the wall-mounted products segment include the increasing preference for these products among consumers in both the commercial and residential sectors. On the other hand, the portable toothbrush sterilizer product segment is expected to see the fastest growth over the forecast period. It is attributed to its affordability and convenience to use in any place.
The plug-in charging mode segment was the leading segment of the toothbrush sterilizers market. It procured the largest market revenue share in 2020. The preference of the consumer for the plug-in as well as battery-operated products is increasing mainly for everyday use. It is currently witnessing high demand among people having a hectic lifestyle and who always need to travel for business.
The North America market dominated the Global Toothbrush Sterilizer Market by Region in 2020. On the other hand, the market for toothbrush sterilizers in the Asia Pacific would witness fastest growth during the forecast period. The factors like rising target population and improving economic conditions in the developing countries including India and China are mainly driving the growth of the toothbrush sterilizers market in this region.
Full Report: https://www.kbvresearch.com/toothbrush-sterilizer-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Koninklijke Philips N.V., Newell Brands, Inc. (Conair Corporation), Ningbo Seago Electric Co., Ltd., Wellness Oral Care (C&R Holding Group Corporation), Tao Clean, Shenzhen Purple Niuzhiguang Science & Technology Co., Ltd. (Future Group), Wonderchef Home Appliances Pvt. Ltd., UVNIA, Pursonic, and Dastmalchi.
Global Toothbrush Sterilizer Market Segmentation
By Mounting Type
• Wall Mounted
By Charging Mode
• By Application
• Rest of North America
• Rest of Europe
• South Korea
• Rest of Asia Pacific
• Saudi Arabia
• South Africa
• Rest of LAMEA
• Koninklijke Philips N.V.
• Newell Brands, Inc. (Conair Corporation)
• Ningbo Seago Electric Co., Ltd.
• Wellness Oral Care (C&R Holding Group Corporation)
• Tao Clean
• Shenzhen Purple Niuzhiguang Science & Technology Co., Ltd. (Future Group)
• Wonderchef Home Appliances Pvt. Ltd.