Electric Toothbrush Market Size, Analysis and Global Insights 2020

Rising awareness among people regarding the importance of oral hygiene is leading to the adoption of proper oral care routines, which is boosting the growth of the global electric toothbrush market. Moreover, the integration of advanced technologies and product innovations acts as key driving factors for the growth of the market. Strategic collaborations between electric toothbrush manufacturers and dental care specialists are projected to positively affect market growth.

Global Electric Toothbrush Market Size is Estimated to be valued at USD 5,852.2 Million by 2024 and is expected to register a CAGR of 7.46% during the forecast period. An electric toothbrush is an automatic toothbrush that operates with an electric motor in the handle which vibrates the head of the brush. It is more convenient than a manual toothbrush. They are available in two types rechargeable and battery-operated. Rechargeable electric toothbrushes are equipped with a rechargeable in-built battery which can be plugged into a wall socket while battery-operated toothbrushes require the battery to be replaced at regular intervals.   

Europe was the largest market for electric toothbrushes in 2018 and the regional market is expected to maintain its dominance during the review period. North America held a significant market share and was the second-largest market for electric toothbrushes in 2018. The market in the US is projected to exhibit a growth rate of 7.42% during the forecast period to be the largest country-level market. However, the Asia-Pacific market is projected to register the highest CAGR during the forecast period. Growing product awareness followed by increasing per capita disposable incomes is the major factor driving the growth of the market in the region.  

Segmental Analysis

The global electric toothbrush market has been segmented based on product type, end user, and region.

By product type, the market has been divided into rechargeable and battery. The rechargeable type segment accounted for the larger market share in 2018. These toothbrushes work on an oscillating-rotating technology with 3-dimensional brushing actions, which is driving the growth of the segment. Rechargeable electric toothbrushes offer additional features over battery-powered and regular manual toothbrushes and the segment is expected to register the higher CAGR during the forecast period.

Based on end user, the global electric toothbrush market has been classified as adults and children. The adults segment accounted for the larger market share in 2018. Changing lifestyle and untimely eating patterns reduce the effectiveness of manual toothbrushes, which is fuelling the adoption of electric toothbrushes among adults. The segment is also projected to exhibit the higher CAGR during the forecast period.

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Market Players

Market Research Future  recognizes Koninklijke Philips N.V. (Netherlands), The Procter & Gamble Company (US), Panasonic Corporation (Japan), OMRON Corporation (Japan), Colgate-Palmolive Company (US), Foreo AB (Sweden), Pursonic, LLC (US), Smilex (US), Kolibree SAS (France), Conair Corporation (US), Lion Corporation (Japan), and Wellness Oral Care (US) as the key players in the global electric toothbrush market.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Capsule Coffee Machine Market Size, Status and Forecast 2020 to 2025

Capsule coffee machines are the latest kinds of coffee machines for the preparation of perfectly brewed coffee. The manufacturers of capsule coffee machine put the coffee in a sealed plastic or aluminum capsule in advance, then filling it with nitrogen in order to ensure freshness. The process is cheap, simple, cost-effective, with lighter and higher volume compared to the ordinary machines. The global capsule coffee machine market size, as per a report by Market Research Future (MRFR) is touted to register a CAGR of 7.86%, surpassing a valuation of USD 8,261.4 Million during the forecast period (2014-2025).

The capsule coffee machine market is likely to gain huge attention in the foreseeable future and is gaining huge popularity due to the convenience it offers. With the surging demand for coffee across the globe, the sales of capsule coffee machine have increased globally. The surging adoption of innovative products is likely to offer lucrative growth opportunities to the overall market. Constant advancements made in the capsule machine technology upgraded with innovative concepts, latest features, and applications are evolving to offer improved quality and capacity, with low maintenance cost and minimum energy consumption. Thus, advancing technology in capsule coffee machine will encourage the market growth across the globe.

On the contrary, the price constraints of these coffee machines are likely to hinder the market growth in the foreseeable future.

Global Capsule Coffee Machine Market: Segmental Analysis

The capsule coffee machine market has been segmented based on type and application.

By type, the market is segmented into open-sourced system and closed-source system. Of these, the closed-source system is predicted to command the largest share. The supplier or the manufacturer of the machine provides capsules and no other capsules which can be used in the machine. This system is highly favored by brand-loyal customers, preferring a specific brand of coffee.

By application, the market comprises commercial and household. Of these, the household segment acquires a larger share and is estimated to retain its growth owing to the surging consumption of coffee, especially in emerging nations. The increasing number of cafes and restaurants across the globe is contributing the market growth in the commercial segment.

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Regional Frontiers

The capsule coffee machine market spans across Europe, Asia Pacific, Central & South America North America, and the Middle East & Africa.

Considering the global scenario, the capsule coffee machine market in the regions of North America is predicted to garner the largest share, in terms of volume as well as value. The region acquired a share of 34.84% in 2018. In this region, the U.S. is likely to be the major contributor.

The market in the Asia Pacific will register the highest CAGR of 8.55%, mainly due to the rising consumption of coffee, especially in emerging markets like India and China. Also, the rise in per capita income of the regional population will influence the market growth to a large extent. Increased consumer awareness regarding technologically advanced products has further initiated the sales of such capsule machines on a large scale. Rising inclination towards consumption of coffee and surging cultural trends are influencing the market growth in the region.

Europe accounts for a considerable share, mainly due to the high consumption of coffee and evolving preferences in terms of flavors. Nations like the U.K., Germany, Finland, and Switzerland are contributing to the market growth in Europe. Moreover, the increased number of European consumers willing to pay high prices for specialty and premium coffees will encourage the market growth in the coming years.

Luxury Handbags Market Size, Share and Volume 2020 with Status and Prospect to 2024

A luxury handbag is known for its premium quality and its size covers both medium and large-sized handbags. The category is mostly known for being a status symbol, which according to Market Research Future (MRFR), is expected to play a big role in the global market. The growing participation from several companies in building a more integrated market would assist the market in its growth in the coming years.

Various factors like growing disposable income, increased participation from well-known brands, better market exposure, increasing impact of the entertainment industry, and others are expected to make a market impact for the global luxury handbags category. The global luxury handbags market size has the potential to surpass the estimated valuation of USD 33.94 billion at a CAGR of 6.8% during the forecast period of 2019 to 2024.

Segmentation:

The market for global luxury handbags has its foundation in an in-depth study. The study relies on a segmentation based on material type, type, consumer group, and distribution channel.

By type, the market for luxury handbags can be segmented into crossbody bags, clutches, satchels, shoulder bags, tote bags, hobo bags, briefcases, and others. These types have significant market traction as their clientele is quite huge.

By material, the market for luxury handbags includes several types like cotton, leather, synthetic, and others. The leather type has a substantial market coverage. The cotton type can also make notable market penetration.

By consumer group, the luxury handbags market can include men, women, and unisex.

By distribution channel, the market for luxury handbags can be segmented into store-based and non-store-based. Due to hike in e-commerce section the global non-stored based channel can witness significant growth. However, the store-based segment would also enjoy the presence of a number of clients who prefers to experience before buying.

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Regional Analysis:

Region-wise analysis in the report of the market for luxury handbags cover the inclusion of North America and Europe as strong revenue-generators. The Asia-Pacific (APAC) region has been named as a potential game-changer and the Rest of the World (RoW) would show a moderate growth.

Europe is at the top of the global market and it shows immense potential to retain that position in the coming years as well. Several companies are operating from the region, which gives the region an advantage owing to which the market would rise significantly in the coming years as well. This would be triggered by high per capita income and better inclusion of trendy products. The APAC region would gain much from growing disposable income and a massive population. The region would also make substantial profit from the e-commerce segment. At the same time, improvement in logistics to make sure that the online market grows at a rapid pace. China, Japan, India, and others are expected to become important markets.

Competitive Landscape:

Atelier (US), Tory Burch LLC (US), Louis Vuitton (France), Chanel S.A. (France), Prada S.p.A (Italy), Dolce & Gabbana S.R.L. (Italy), Valentino S.p.A. (Italy), Burberry Group PLC (UK), Cartier International SNC (France), Giorgio Armani S.p.A (Italy), Guccio Gucci S.p.A (Italy), MCM Worldwide (Germany), Michael Kors GmbH (Switzerland), Ralph Lauren Corporation (US), and PVH Corp. (US).

Antiperspirants and Deodorants Market Size, Status and Forecasts till 2023

Global Antiperspirants and Deodorants Market is growing worldwide due to rising awareness about personal hygiene and increasing purchasing power of the consumers. A variety of antiperspirants and deodorants have been introduced by companies with different characteristics and forms to cater to the consumer demand for various body-odor related products. The global antiperspirants and deodorants market size are expected to garner a revenue of USD 70 Billion by 2024 and projected to record a CAGR of 3.5% during the forecast period of 2019 to2024. The companies, involved in the global antiperspirants and deodorants market, are expected to witness several lucrative opportunities in the coming years owing to rapid urbanization and growing awareness of consumers about personal care. This is expected to drive the demand for antiperspirants and deodorants among the consumers across the world.   

Based on form, the global antiperspirants and deodorants market has been segmented into sprays, roll-on, sticks, and others. The sticks segment is projected to be the largest during the forecast period. Stick antiperspirants and deodorants are offered in two forms—gel and solid stick. These deodorants help control body odor and last longer than the other types available. They also leave fewer white residues or marks on the clothes as compared to roll-on or spray deodorants. However, spray antiperspirants and deodorants are easily and widely available in developing countries and are also easier and convenient to apply as compared to other types of antiperspirants and deodorants. Moreover, these antiperspirants and deodorants are available in a wide variety of fragrances and in different categories such as alcohol-free, ammonia-free, gas-free, and paraben-free. Thus, the sprays segment is expected to be the fastest-growing segment during the review period.

By distribution channel, the global antiperspirants and deodorants market has been bifurcated into store-based and non-store-based. The store-based segment has further been divided into supermarkets and hypermarkets, convenience stores, and others. The store-based segment is projected to account for the larger market share due to the widespread availability of antiperspirants and deodorants in supermarkets and hypermarkets. Moreover, there is a higher preference toward store-based channels, among consumers, as it provides a one-stop shopping experience. However, the non-store-based segment is projected to register the higher CAGR due to the increasing use of e-commerce in personal-care retail.

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Key Players

Some of the key players in the global antiperspirants and deodorants market are The Procter & Gamble Company (US), Henkel AG & Co. KGaA (Germany), Coty Inc. (US), Unilever Plc (UK), L`Oreal S.A. (France), Beiersdorf AG (Germany), L'Occitane International S.A. (Luxembourg), Avon Products, Inc. (UK), Colgate-Palmolive Company (US), Kao Corporation (Japan), Godrej & Boyce Manufacturing Company Limited (India), Nike, Inc. (US), CavinKare Pvt. Ltd. (India), Church & Dwight Co., Inc. (US), and Benetton Group S.r.l. (Italy).

Regional Analysis

The global antiperspirants and deodorants market have been segmented, based on region, into North America, Europe, Asia-Pacific, and the rest of the world.

The market in Asia-Pacific is expected to dominate owing to consumers becoming more aware about personal care and hygiene, leading to high expenditure on personal care products. Additionally, due to hot climatic conditions in countries such as India, Malaysia, and Australia, consumers prefer antiperspirant products to keep themselves sweat-free.

Ampoule Cream Market Size, future challenges & threats for new entrants 2020

Ampoule creams are intense and potent variants of serums and essences. They are typically formulated with high concentrations of active ingredients, which claim to revive and boost the skin in relatively less time. The global ampoule cream market size is projected to register a significant growth rate of 4.2% from 2019 to 2024 and reach a market value of USD 573 Million by 2024. The increasing popularity of these products provides an opportunity to market players to increase their geographic presence in emerging markets across the world. However, the possibility of reactions due to the overuse of ampoule creams may hinder market growth during the forecast period.

The global ampoule cream market has been segmented based on type, distribution channel, and region.

Based on type, the global ampoule cream market has been divided into firming ampoule, moisturizing ampoule, anti-aging ampoule, UV-protection ampoule, multifunctional ampoule, and others. The moisturizing segment is expected to dominate the global ampoule cream market during the forecast period. Moisturizing ampoules, due to their high concentration of active ingredients, help in reducing skin dryness and acne. They also help in repairing sensitive skin and reducing aging symptoms such as wrinkles.  However, changing consumer preference for a single product catering to multiple skin issues is boosting the popularity of multifunctional ampoule creams. The multifunctional ampoule segment is therefore expected to register the highest CAGR during the forecast period.

Based on distribution channel, the global ampoule cream market has been classified as store-based and non-store-based. The store-based segment has been further segregated into hypermarkets and supermarkets, specialty stores, and convenience stores. The store-based segment is expected to generate higher revenue, with the hypermarkets and supermarkets sub-segment being the largest as these retail stores offer strong vendor networks, high product appeal due to lucrative packaging, and ease of availability. Furthermore, consumers favor consultations and testing of skin care products before purchasing. However, the non-store-based segment is expected to register the higher CAGR during the assessment period owing to technological advancements in the e-commerce industry and growing consumer preference for online purchase.

Key Players

Some of the key players in the global ampoule cream market are The Estée Lauder Companies Inc. (US), LG Household & Health Care Ltd (South Korea), Amway Corp. (US), Mizon (South Korea), Coreana Cosmetics Co. Ltd (South Korea), VProve (Malaysia), Medians Co., Ltd (South Korea), and Leegeehaam Cosmetics (South Korea).

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Regional Analysis

The global ampoule cream market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

The ampoule cream market in Asia-Pacific is projected to dominate during the forecast period. It is also expected to exhibit the highest growth rate from 2019 to 2024. Increasing spending power and an emphasis on personal care products among the working population are driving regional market growth. Furthermore, the introduction of several ampoule cream variants including peptide ampoule creams, placenta ampoule creams, and snail ampoule creams by market players are expected to drive the growth of the market in Asia-Pacific during the forecast period.  

About Market Research Future: 

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.