Dublin, November 29, 2021--(Business Wire)--"Global Toothbrush Sterilizer Market Size, Share and Trend Analysis Report by Installation Type (Wall Mounted, Portable), Charging Mode (Battery Powered, Plug-in) ", the author’s application (residential, commercial) forecast by region and market segment from 2021-2028" report has been added to the products of ResearchAndMarkets.com.
By 2028, the global toothbrush sterilizer market is expected to reach US$247.7 million. The market is expected to grow at a compound annual growth rate of 17.4% from 2021 to 2028
The increase in harmful oral infections, the growing demand for UV disinfection, and the increase in the number of COVID-19 cases have increased the demand for toothbrush sterilizers in the residential and commercial sectors. In addition, the concept of ultraviolet sterilization or disinfection in the world is expected to promote market growth.
According to the International Ultraviolet Association (IUVA), mercury UV lamps with a wavelength of 254 nm can destroy 99% of SARS-CoV-2, also known as coronavirus. In this antibacterial range, ultraviolet disinfection equipment uses very low doses of ultraviolet light, and the time required to inactivate the virus is shorter. Therefore, ultraviolet sterilization has been used in toothbrushes to prevent harmful diseases from entering the oral cavity and reduce the spread of coronavirus.
However, the nationwide blockade caused some disruptions and restrictions in the world's distribution network. Due to the impact of the epidemic and unable to provide services on the ground, the industry is forced to work on online platforms in the virtual world. As a result, large companies have moved towards digitalization, and their services represent the ever-changing development of the online market.
Highlights of the Toothbrush Sterilizer Market Report
Due to the high preference of consumers in the residential and commercial sectors for these products, the wall-mounted market segment will dominate the market in 2020.
The portable segment is expected to be the fastest growing segment, with a compound annual growth rate of 17.7% during the forecast period.
The plug-in model of the charging sector is valued at US$46.6 million in 2020 and is expected to reach US$162.4 million by 2028
From 2021 to 2028, the compound annual growth rate of the residential market segment is expected to reach 17.5%. The increase in the number of residential constructions, rapid urbanization, and more and more nuclear families are becoming the main driving forces for the growth of this market segment
The North American market share is expected to maintain a leading position, and the compound annual growth rate in the next few years is expected to be approximately 17.0%
Increase the risk of harmful oral bacteria
Increasing demand for UV disinfection to combat the COVID-19 pandemic
Compared with UV disinfection, the cost of traditional methods is lower
Expansion of UV sterilization production facilities in a short period of time
Increase R&D investment and create growth paths for major players
Ningbo Xige Electric Co., Ltd.
Wonderchef Household Appliances Pvt. Limited company
For more information about this report, please visit https://www.researchandmarkets.com/r/5eeix4
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