Artificial Intelligence
Toothbrush Market to Hit USD 9.14 Billion by 2029 | Launch of Innovative Products and Prevalence of Oral Disorders to Fuel Market Growth
Pune, India, May 17, 2022 (GLOBE NEWSWIRE) — The global toothbrush market size was USD 6.78 billion in 2021. The market is expected to grow from USD 6.90 billion in 2022 to USD 9.14 billion in 2029, exhibiting a CAGR of 4.1% during the forecast period. The rising awareness regarding oral hygiene and the emergence of disposable toothbrushes is expected to bolster industry growth. Fortune Business Insights™ provides this information in its report titled “Toothbrush Market, 2022-2029”.
A toothbrush is an extensively used oral hygiene product that helps maintain a clean mouth and provides users with a clean mouth. The rising awareness regarding oral hygiene is expected to boost the product’s adoption. Further, the availability of several brands, shapes, sizes, and bristle types is expected to rapidly increase the demand for brushes. Moreover, the emergence of several disposable brushes for travel purposes is expected to boost the toothbrush industry’s development during the upcoming years.
COVID-19 Impact:
Adoption of Online Retail to Fuel Market Progress
This market is expected to be positively impacted during the COVID-19 pandemic because of the adoption of e-commerce by manufacturers. The sudden spike in COVID infections led to the shutdown of offline stores, necessitating the adoption of online shopping. Rapid digitization and dependence upon the Internet of Things (IoT) are expected to boost the adoption of the product. Further, the adoption of reduced capacities, production machinery, sanitization, and social distancing may enable manufacturers to recover losses and boost revenue generation. These factors may propel market growth during the pandemic.
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Fortune Business Insights™ lists out all the toothbrush market companies that are presently striving to reduce the impact of the Covid-19 pandemic on the market:
- Hoffmann-La Roche Ltd (Basel, Switzerland)
- Abbott (Abbott Park, U.S.)
- Thermo Fisher Scientific, Inc. (Waltham, U.S.)
- Beckman Coulter, Inc. (Danaher) (Brea, U.S.)
- Tulip Diagnostics (P) Ltd (PerkinElmer Inc.) (Bambolim, India)
- Eurofins Scientific (Luxembourg, Luxembourg)
- DiaSorin S.p.A (Saluggia, Italy)
- Grifols, S.A. (Barcelona, Spain)
- Siemens Healthineers AG (Munich, Germany
- Mylab Discovery Solutions Pvt. Ltd. (Lonavla, India)
- Ortho-Clinical Diagnostics (Raritan, U.S.)
Toothbrush Market Report Scope & Segmentation:
| Report Coverage | Details |
| Forecast Period | 2022-2029 |
| Forecast Period 2022 to 2029 CAGR | 4.1% |
| 2029 Value Projection | USD 9.14 Billion |
| Base Year | 2021 |
| Market Size in 2021 | USD 6.78 Billion |
| Historical Data for | 2018 to 2020 |
| No. of Pages | 160 |
| Segments covered | By Product Type, Bristle Type, By End-user, By Region |
| Growth Drivers | Launch of Innovative Products and Prevalence of Oral Disorders to Fuel Market Growth |
| Rising Infrastructural Facilities in India and Indonesia to Fuel Market Growth in Asia Pacific | |
| Manufacturers Launch Unique Products to Expand Product Portfolio | |
| Pitfalls & Challenges | Surging Competition from Unorganized & Local Industry Players to Limit Growth |
Report Coverage
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market’s key players.
Drivers and Restraints
Launch of Innovative Products and Prevalence of Oral Disorders to Fuel Market Growth
The growing prevalence of oral disorders and rising concerns regarding oral health is expected to boost the adoption of advanced toothbrushes that provide a unique cleaning experience. Further, the prevalence of noma, oro-dental trauma, oral cancer, periodontal diseases, and tooth decay encourages manufacturers to launch innovative products. For example, Koninklijke Philips N.V. announced its Sonicare Protective Clean’ in July 2018. It is an advanced product line that uses advanced pressure sensors to reduce excessive manual production on the teeth. Moreover, the rising focus on the development of Bluetooth and Wi-Fi-enabled oral care items is expected to boost the adoption of the product. These factors may drive the toothbrush market growth.
However, strong competition from local and unorganized players is expected to boost the market development.
Regional Insights
Rising Infrastructural Facilities in India and Indonesia to Fuel Market Growth in Asia Pacific
Asia Pacific is expected to dominate the toothbrush market share because of rising infrastructural facilities in India and Indonesia. The market in Asia Pacific is expected to dominate the market share in the upcoming years. Furthermore, rising awareness regarding cleanliness and hygiene among people leads to the adoption of better toothbrushes. These factors lead to strong market growth.
In North America, the launch of innovative dental solutions by companies such as Unilever Plc., Colgate Palmolive Co., and others may foster toothbrush sales. For example, Colgate Palmolive Co. announced its artificial intelligence-enabled AI electric toothbrush in the U.S. in January 2018. These factors may propel market growth.
In Europe, the presence of adequate import facilities for oral care in the U.K., and Germany is expected to bolster market growth. In addition, the rising awareness regarding the product’s awareness is expected to bolster market development.
Segmentation
By product type, the market is segmented into electric and manual. As per bristles, it is categorized into firm, medium, and soft. As per end-user, it is categorized into adults and children. Geographically, it is clubbed into North America, Europe, Asia Pacific, South America, Middle East & Africa.
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https://www.fortunebusinessinsights.com/toothbrush-market-103880
Competitive Landscape
Manufacturers Launch Unique Products to Expand Product Portfolio
The prominent companies operating in the market announce novel products to attract consumers, expand product portfolio and boost their market presence. For example, Guangdong BESTEK E-commerce Co. Ltd. announced a unique UV Sanitizer & M-Care Electric Toothbrush to provide users with a cleaning experience free from germs. This strategy may enable the company to attract consumers and boost its brand image globally. Further, the adoption of advanced technology and heavy investments in research and development may enable companies to boost their market position and enhance revenue generation.
Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Trends
- Key Insights
- Overview of the Parent/Related Markets
- Industry SWOT Analysis
- Supply Chain and Regulatory Analysis
- Recent Industry Developments – Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
- Qualitative Analysis (in relation to COVID-19)
- 5.1 Impact of COVID-19
- 5.2 Supply Chain Challenges
- 5.3 Potential Opportunities due to COVID-19
- Global Toothbrush Market Analysis, Insights, and Forecast, 2018-2029
- Key Findings / Summary
- Market Size Estimates and Forecast
- By Product Type (Value)
- Manual Toothbrush
- Electric Toothbrush
- By Bristle Type (Value)
- Soft
- Medium
- Firm
- By End-user (Value)
- Adult
- Children
- By Region (Value)
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
- By Product Type (Value)
Key Industry Development
- January 2020: SmileDirectClub partnered with Walmart to sell water flossers, electric toothbrushes, and toothpaste over nearly 3,800 U.S. Walmart stores.
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Have a Look at Related Research Insights:
Oral Care Market Size, Share & COVID-19 Impact Analysis, and Regional Forecast, 2020-2027
Toothpaste Market Size, Share, Trend and Geography Forecast till 2020-2027
Fluoride-Free Toothpaste Market Size, Share & COVID-19 Impact Analysis, and Regional Forecast, 2022-2029
About Us:
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Artificial Intelligence
Xinhua Silk Road: E China’s Changzhou City unveils investment opportunities in sectors of new productive forces for global investors
BEIJING, Sept. 29, 2024 /PRNewswire/ — Changzhou City, an leading international smart manufacturing base located in east China’s Jiangsu Province, has released a bunch of investment investment opportunities to global investors in various sectors of new productive forces at the the 2024 New Energy Industry Development Conference & Invest in Changzhou Conference held in the city on September 19.
The investment opportunities covers nine areas including synthetic biology, low-altitude economy, intelligent connected new energy vehicles, solid-state batteries, hydrogen energy, third-generation semiconductors, and artificial intelligence, manifesting the confidence of Changzhou in further opening development.
Changzhou, seated in the axis of the Yangtze River Delta, has become an important base for advanced manufacturing in China.
In recent years, thanks to intensified efforts in developing new energy industry and fostering new quality productive forces, Changzhou has expanded the added value of its industrial sector to more than two trillion yuan, with manufacturing added value accounting for about 43 percent, both ranking among the top three in Jiangsu Province.
In the Hurun China New Energy Cities 2024, a list released by the Hurun Research Institute at the conference, Changzhou ranked first among other cities in the country for three consecutive years in terms of investment attractiveness and concentration.
Changzhou has accumulated a total of 10.59 billion US dollars (nearly 74.25 billion yuan) in terms of actually utilized foreign capital since 2020. Major projects such as soft magnetism of ArcelorMittal and medical device of BIOS, a Hong Kong-based company, have been launched during the conference.
In addition, Changzhou has released a multilingual guide for foreign nationals in Changzhou at the conference, which includes practical service items in stay and residence, work, convenient payment options, among others, turning the city into a more open and international place.
Original link: https://en.imsilkroad.com/p/342380.html
Photo – https://mma.prnewswire.com/media/2518604/Changzhou.jpg
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Artificial Intelligence
CGTN: China honors individuals with highest awards in celebration of 75th National Day
BEIJING, Sept. 29, 2024 /PRNewswire/ — Huang Zongde enlisted in the Chinese People’s Liberation Army at the age of 17, beginning a nearly four-decade-long military career where his bravery, valor and devotion earned him countless awards and honors.
The heavily decorated 93-year-old received the highest state honor on Sunday when Chinese President Xi Jinping conferred him with the Medal of the Republic at a ceremony in the Great Hall of the People in Beijing.
China awarded national medals and national honorary titles to 15 individuals, including Huang, in recognition of their contribution and achievement as it celebrates the 75th anniversary of the founding of the People’s Republic of China, which falls on October 1.
Chinese heroes and role models
In addition to Huang, three others were awarded the Medal of the Republic. Wang Yongzhi, a missile and rocket expert and a pioneer of China’s manned space program, was honored posthumously. Wang Zhenyi, a medical scientist known for breakthroughs in leukemia treatment, and Li Zhensheng, an expert in wheat breeding, are also among the honorees.
The national honorary titles went to 10 people, including scientists, a border patrolman, an artist, a craftsman, educators, a health worker, an economist and an athlete.
Addressing Sunday’s awarding ceremony, President Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, called on the Chinese people to learn from heroes and role models to form a mighty force to build a strong China.
China is in a crucial period for building a great modern socialist country in all respects and achieving national rejuvenation through Chinese modernization, he said.
Encouraging the Chinese people to strive for extraordinary achievements at ordinary job posts, Xi urged them to contribute to resolving challenges to development and reform and safeguarding social harmony and stability.
China’s old friends and good friends
As its highest state honor for foreigners, China awarded the Friendship Medal to Dilma Rousseff, president of the New Development Bank and former Brazilian president, for her commitment to the friendship between China and Brazil, and development of relationship between China and the Community of Latin American and Caribbean States, and cooperation among BRICS countries, a group of major emerging economies.
Accepting the honor at the ceremony, Rousseff said the medal symbolizes the strong bonds between Brazil and China and pledged to continue her unremitting efforts to promote the friendship.
China’s achievements over the decades, including economic transformation, technological innovation and remarkable social development, have made it a beacon and a source of inspiration for the world, she said.
Xi lauded Rousseff as an outstanding representative of China’s old friends and good friends who have shared the same aspirations and stood together with the Chinese people over the past 75 years and vowed that China will never forget such international friends.
The Chinese people are ready to join hands with people from all over the world to safeguard world peace, promote common development and advance the building of a community with a shared future for mankind to create a better future for humanity, he said.
https://news.cgtn.com/news/2024-09-29/China-honors-individuals-with-highest-awards-ahead-of-National-Day-1xhS1SaZeZa/p.html
View original content:https://www.prnewswire.co.uk/news-releases/cgtn-china-honors-individuals-with-highest-awards-in-celebration-of-75th-national-day-302261867.html
HANGZHOU, China, Sept. 29, 2024 /PRNewswire/ — On September 26, a delegation from the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan, led by Minister Madiyev Zhaslan, visited SUPCON. SUPCON’s Chairman and President, Mr.Cui Shan, warmly welcomed the delegation.
The Kazakhstan government representatives expressed their appreciation and recognition of SUPCON’s expertise and innovation in intelligent manufacturing, digital transformation, and industrial AI.
Madiyev Zhaslan expressed a strong interest in industrial AI technologies of SUPCON, particularly their applications in intelligent and low-carbon facilities. He looks forward to exploring extensive collaboration with SUPCON across various sectors in Kazakhstan.
Cui Shan emphasized that as a leading industrial AI company with a global presence, SUPCON will leverage its technological advantages to meet Kazakhstan’s industry development requirements and trends, injecting new momentum into the country’s industrial digitalization.
In 2023, SUPCON established a subsidiary in Kazakhstan as its Central Asia regional headquarters and set up a localized operational system. SUPCON will continue to invest in the long-term development of the Central Asia region, contributing further wisdom and strength to the industrial digital transformation in Kazakhstan and beyond.
Photo – https://mma.prnewswire.com/media/2518470/image_5022684_18905906.jpg Photo – https://mma.prnewswire.com/media/2518471/1.jpg
View original content:https://www.prnewswire.co.uk/news-releases/kazakhstan-government-delegation-visited-supcon-302261857.html
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