United States Electric Toothbrush Industry Capitalizes on Growing Awareness About Dental Health: MarketResearchReports.Biz
Albany, February 19, 2016 (Newswire.com) - MarketResearchReports.biz has recently announced the addition of a new report, titled “United States Electric Toothbrush Industry 2016 Market Research Report,” to its repertoire. The report provides a complete analysis of the growth trajectory exhibited by the electric toothbrush industry in the United States. It presents insights into the growth drivers and restrains influencing the electric toothbrush market’s performance in the country.
Globally, the electric toothbrush industry posted a single-digit CAGR; however, growth in developed countries will be greater in the coming years in comparison to that exhibited in developing nations. Factors such as affordability among consumers with high disposable income, preference for premium dental care, and concerted efforts by manufacturers to launch products using the latest technologies boost the demand for electric toothbrushes in developed countries, the U.S. being one of the most lucrative markets.
In addition to higher incomes, consumers living in developed nations such as the U.S. view premium products as those offering better quality and more beneficial for oral health. Consumers in the U.S., for instance, are gradually shifting towards using more effective tools for maintaining strong and healthy teeth. With an increasing number of dentists recommending the use of such tools, demand for electric toothbrushes in the U.S. is likely to increase substantially in the near future.
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As the consumers in the U.S. increasingly prioritize dental health, it will subsequently bolster opportunities for the electric toothbrush industry in the country. The report provides a comprehensive overview of the U.S. electric toothbrush industry, covering aspects such as market definition, segmentation, and key factors influencing its growth trajectory.
The advent of the latest technologies in the toothbrush industry has enabled manufacturers to expand their product offerings to the market. While the low cost of manual toothbrushes has accelerated their demand in the market, greater awareness pertaining to oral health has boosted the market for power toothbrushes. Power toothbrushes are available in two variants, electric and battery-powered. The report in particular aims at analyzing the growth trajectory exhibited by the electric toothbrushes market in the U.S. The evolution of the toothbrush industry has also boosted the market opportunities for the electric toothbrush industry.
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The report compiles exhaustive information pertaining to the trajectory exhibited by the toothbrush industry in the U.S. To present a comprehensive overview of the prevailing competitive landscape of the market, companies such as Philips Sonicare, Oral-BP & G, Panasonic, Omron Healthcare, Colgate-Palmolive, FOREO, Wellness, PURSONIC, Wellness Oral Care, Smilex, Kolibree, InterplakConair, LION, LG, BAILING, BAYER, and LFCARE are profiled in the report.
Using SWOT analysis, the strengths, weaknesses, opportunities, and threats witnessed by these companies are weighed out. The report also studies the impact of Porter’s five forces on the market. The report includes information obtained from the financial records of the companies profiled as well as valuable insights from industry veterans.