Tissue Towel Market Size, 2018 Trend and Opportunities, PESTEL Analysis, CAGR And Value Chain Study To 2028
The Global Tissue Towel Market is being propelled by rising hygiene awareness and increasing demand from the commercial sector from 2024 to 2028.
As
per the TechSci Research report “Global Tissue
Towel Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028,” the market was valued at USD 24.15 Billion in 2022
and is expected to grow at a CAGR of 3.8% during the forecast period. Tissue
towels, including paper towels, hand towels, and napkins, are essential for
maintaining hygiene and cleanliness across various settings, spanning from
households to healthcare facilities and foodservice establishments.
The
tissue towel market is segmented into various product categories, each catering
to specific consumer and commercial needs. Manufacturers offer tissue towels in
various sizes, thicknesses, and qualities to meet diverse customer
requirements.
End-use
segments of the tissue towel market include households, businesses, healthcare
facilities, the foodservice industry, and institutional and industrial
settings. Heightened hygiene awareness, the resurgence of the hospitality
sector, and the growth of e-commerce are key drivers shaping the market.
However, challenges such as volatile raw material costs, sustainability
concerns, intense competition, regulatory compliance, and evolving consumer
preferences also impact the industry.
In
summary, the global tissue towel market plays a crucial role in the hygiene and
personal care industry, serving diverse consumer and commercial needs. While
experiencing growth driven by various factors, the market also faces challenges
that require adaptability and innovation from manufacturers and businesses to
thrive in this competitive landscape.
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The
Global Tissue Towel Market is categorized by product type, application,
distribution channel, regional distribution, and company.
Product
types include rolled towels, folded towels, boxed towels, and others.
Applications
encompass residential and commercial sectors. The commercial sector,
particularly, is witnessing a significant surge in demand within the global
tissue towel market. This growth is fueled by heightened hygiene standards and
the necessity for effective hand-drying solutions in various establishments
such as hotels, restaurants, offices, and healthcare facilities. Tissue towels
have become integral to the commercial sector's hygiene protocols, reflecting
their commitment to cleanliness and ensuring a safe environment for employees
and customers. The market is seeing increased demand for high-quality,
touchless dispensing systems, and sustainable tissue towels in commercial
settings, influencing market dynamics.
Distribution
channels include offline and online.
Regional
distribution comprises North America, Europe, Asia Pacific, Middle East &
Africa, and South America.
Major
companies operating in Global Tissue Towel Market are:
- Kruger
Inc.
- Wepa
- Cascades
Inc.
- Georgia-Pacific
- Metsa
Tissue
- Procter
& Gamble
- KCWW
- Asaleo
Care Limited
- HengAn
- SHP Group
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"The
increasing demand for eco-friendly tissue products is a significant trend
expected to drive growth in the forecasted period. Factors such as rising
disposable income, growing demand from the commercial sector, and increasing
hygiene awareness will positively influence the Global Tissue Towel Market.
With a wide range of products catering to specific needs and the growing
popularity of online distribution channels, the market is witnessing impressive
growth throughout the projected period," stated Mr. Karan Chechi, Research
Director at TechSci Research.
TechSci
Research's report, "Tissue Towel Market – Global Industry Size, Share,
Trends, Opportunity, and Forecast," evaluates the future growth potential
of the Global Tissue Towel Market. It
offers statistics and information on market size, structure, and future growth
to provide cutting-edge market intelligence and assist decision-makers in
making informed investment decisions. Additionally, the report identifies and
analyzes emerging trends, key drivers, challenges, and opportunities in the
Global Tissue Towel Market.
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