Bamboo Toothbrush Market Overview
The global bamboo toothbrush market was valued at USD 0.8 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8% from 2023 to 2030. A significant increase in the awareness related to limiting the scope of plastic pollution has paved the way for the development of new products, including bamboo toothbrushes among consumer goods companies.
A rise in mindfulness toward wellbeing and hygiene, along with the increase in plastic contamination all over the globe, are the critical factors for the development of the bamboo market. Governments of several countries are trying to encourage sustainable options for plastic, which help boost the growth of the bamboo toothbrush market insights. Bamboo has anti-bacterial properties and hence promotes environmental safety.
Since the outbreak of the COVID-19 infection in December 2019, the illness has spread to very nearly 100 nations around the world, with the World Health Organization proclaiming it a wellbeing crisis. The worldwide effects of the coronavirus infection 2019 (COVID-19) is getting worse and will essentially influence the Bamboo Toothbrush segment in 2020. COVID-19 can influence the worldwide economy by creating a market disturbance and by its economic effect on firms.
The bamboo toothbrush market is expected to show promising development shortly. All-inclusive, well-being and cleanliness, and health enterprises will probably push showcase for bamboo toothbrushes. At present, due to govt. Guidelines on the use of plastics and economies are required to make a critical interest for a bamboo toothbrush. The eco-friendly toothbrush market is expected to develop because of the expanding population and changing environment. Customers are nowadays attracted to eco-friendly products, and therefore people prefer biodegradable toothbrushes.
Regional Analysis
North America was the largest market for bamboo toothbrushes, accounting for over 40% in 2022, owing to the increasing adoption of biodegradable and eco-friendly dental care products. Major manufacturers like Colgate-Palmolive Company, The Humble Co., and Bamboo Brush Co., Brush with others like Bamboo, Simply Bamboo, and Environmental Toothbrush are launching new products in the international market to gain maximum customer penetration across the globe.
Asia Pacific is anticipated to be the fastest-growing market, with a CAGR of 10.1% from 2023 to 2032 due to increasing awareness of health and hygiene in developed economies, including South Korea, Japan, and Singapore. Significant companies are launching new products to attract customers and cater to the increasing demand for bamboo toothbrushes.
Some bamboo toothbrush market players are as follows:
- Ecolife Innovations LLC
- Mothers Vault
- The Bamboo Brush Society
- Yangzhou E.S. Toothbrush Co., Ltd
- Bamboo Brush Co.
- Brush with Bamboo
Industry News
For instance, according to the press release by Target Brands, Inc., the company is set to inaugurate around 25 new stores in the U.S. in the North American region by the end of 2020. In addition, the company is also planning to add seven more stores in the U.S. by 2021. This rising number of offline stores is expected to impact the bamboo toothbrush market trends over the forecast period positively.
Market Segmentation
The bamboo toothbrush market segmentation is mentioned as follows:
- End-use Outlook
- Adults
- Kids
- Distribution Channel Outlook
- Offline
- Online
- Regional Outlook
- North America
- The U.S.
- Europe
- The U.K.
- Sweden
- Netherlands
- Asia Pacific
- China
- India
- Central South America
- Middle East Africa
- South Africa
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