LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global electric tooth brush market report until 2021. This research report also lists six other prominent vendors that are expected to impact the market during the forecast period.
The research study by Technavio on the global electric tooth brush market for 2017-2021 provides a detailed industry analysis based on distribution channel (retail outlets and online stores), end-users (adults, teens, and kids), and geography (the Americas, EMEA, and APAC).
“The global electric tooth brush market size is projected to grow to USD 6,050 million by 2021, at a CAGR of over 8% over the forecast period. Optimal use of marketing and promotional tools by vendors in the market space is leading to increased penetration of the product, thereby driving market growth,” says Amber Chourasia, a lead analyst at Technavio for health and wellness research.
Competitive vendor landscape
The global electric toothbrush market is highly fragmented, and it is imperative for the players to differentiate their products and services to survive the competition. Vendors are venturing into emerging market to establish an early foothold and increase market shares. Companies with a skilled workforce and financial resources have the ability to manufacture highly innovative products and are likely to flourish in the market. Also, vendors are increasingly directing their marketing efforts toward creating category and brand awareness to increase their product reach.
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Top five vendors in the global electric tooth brush market
Colgate-Palmolive
Colgate-Palmolive designs, manufactures, and markets consumer products related to oral, personal, home care, and pet nutrition. The company growth has been fueled by the innovation and introduction of new products for oral, personal and home care, and pet nutrition needs.
Koninklijke Philips
Koninklijke Philips is a health technology company that focuses on improving people's health across the health gamut from healthy living and prevention to diagnosis, treatment, and home care. It offers products and services in image-guided therapy, patient monitoring, diagnostic imaging, and health informatics, as well as in consumer health and home care.
P&G
P&G engages in the manufacture, marketing, and sale of consumer packaged goods. It provides products in the laundry and cleaning, paper, beauty care, food and beverage, and healthcare segments. It has on-ground operations in around 70 countries and sells its products primarily through mass merchandisers, grocery stores, membership club stores, drug stores, and neighborhood stores.
Panasonic
Panasonic provides products, services, and systems related to consumer electronics, building, and housing products. It is a prominent manufacturer of electrical and electronic products. It manufactures home appliances, audio and video, computer peripherals, telecommunications, industrial equipment, and electronic parts.
Water Pik
Water Pik develops, manufactures, and markets personal and oral healthcare products worldwide. It offers water flossers, sonic toothbrushes, shower heads of various types, and a range of oral health products for restorative and preventative oral care for dental professionals.
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Technavio is leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.
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