A lead analyst at AMR highlighted that the bamboo toothbrush market in Asia-Pacific is anticipated to grow at the fastest CAGR during the forecast period.
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Allied Market Research published a research report on the bamboo toothbrush market. The findings of the report state that the global market for bamboo toothbrushes generated $30.2 million in 2021, and is projected to reach $81.1 million by 2031, witnessing a CAGR of 10.6% from 2022 to 2031. The report offers valuable information on changing market dynamics, major segments, top investment pockets, and competitive scenarios for market players, investors, shareholders, and new entrants.
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The report provides detailed insights on drivers, restraints, and opportunities to help the market players in devising several growth strategies. A rise in consumer awareness about oral hygiene, a growing eco-friendly consumer base, and several promotional activities by manufacturers drive the growth of the global bamboo toothbrush market. On the other hand, a lack of awareness among consumers and certain adverse effects associated with using bamboo toothbrushes are expected to curb market growth. However, an increase in the adoption of sustainable products is expected to create lucrative opportunities for the key players in the industry.
The outbreak of the pandemic had a sheer negative impact on the global bamboo toothbrush market. The bamboo toothbrush manufacturers faced production constraints due to the temporary shutdown of production facilities and the limited availability of an adept workforce. However, as the restrictions started waning, the demand for bamboo toothbrushes also happened to restore soon. The manufacturers, whatsoever, increased the prices of end products to maintain their profit margins.
“Key factors that fuel the bamboo toothbrush market include an increase in consumers’ awareness about oral hygiene, a growing eco-friendly consumer base, and aggressive promotional activities by manufacturers. However, factors such as the high cost of bamboo toothbrushes compared to conventional toothbrushes resulting in lower registrations impede the growth of the market.” Said Roshan Deshmukh, Consumer Goods at Allied Market Research.
The report offers detailed segmentation of the global bamboo toothbrush market based on end-use, bristle type, and region. These insights are helpful for new as well as existing market players to capitalize on the fastest-growing and largest revenue-generating segments to accomplish growth in the future.
By end use, the adult segment accounted for the highest share in 2021, holding nearly three-fourths of the global bamboo toothbrush market, and is likely to maintain its leadership status during the forecast period. The same segment is also expected to showcase the fastest CAGR of 11.0% from 2022 to 2031. The report also discusses the children segment.
By bristle type, the soft segment contributed to the major share in 2021, holding more than two-thirds of the global market, and would rule the roost through 2031. The same segment is also expected to witness the fastest CAGR of 11.3% during the forecast period. The report also discusses the medium and firm segments.
By region, the market in North America was the largest in 2021, contributing to more than one-third of the global bamboo toothbrush market, and is likely to maintain the lion’s share during the forecast period. However, the market in Europe would display the fastest CAGR of 11.9% from 2022 to 2031. The other regions analyzed in the study include Asia-Pacific and LAMEA.
Leading players of the global bamboo toothbrush market analyzed in the report include Brush with Bamboo, Colgate Palmotive Company, Humble GroupAB, The Bamboo Brush Society, BAMKIKI, Bam&Boo, Big Little Brush, Bamboo India, Enviromental Toothbrush, Paivi Enterprise, My Humble Earth, Mabboo, ecoheart, s.r.o., Boobam, and Bamboos World.
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