Global Tissue Towel Market, By Product Type (Rolled Towels, Folded Towels, Napkins & Luxury Towels, Boxed Towels), End-Use (Personal Care, Home Care, Healthcare, Hospitality, Commercial, Others), Distribution Channel (Direct Sales, E-Commerce, Retail Stores, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Tissue Towel Market
Global tissue towel market is expected to rise from its initial estimated value of USD 48.25 billion in 2018 to an estimated value of USD 55.87 billion by 2026, registering a CAGR of 1.85% in the forecast period of 2019-2026. This rise in market value can be attributed to the benefits of using tissue towels for the health of the individual and prevention of infections and their transferring.
Market Definition: Global Tissue Towel Market
Tissue towel are paper towels that are used to dry the hands of the individuals, or cleaning the surfaces such as floors, windows or other surfaces. Due to the quick absorbing technology, and benefits with prevention and promoting cleanliness with the recycling of these towels, the market is expected to grow. They are disposable paper towels that are meant to be used once and disposed.
- Benefits associated with the usage of tissue towels such as prevention of communication of infections is expected to be a driving factor for the market growth
- Production of these towels involve various pollution causing factors, such as deforestation, disposal of toxic wastes, which are expected to restrain the market growth
Segmentation: Global Tissue Towel Market
- By Product Type
- Rolled Towels
- Standard Rolls
- Center Pull Rolls
- Folded Towels
- Napkins & Luxury Towels
- Boxed Towels
- Rolled Towels
- By End-Use
- Personal Care
- Home Care
- Education & Research Institutes
- Public Washrooms
- By Distribution Channel
- Direct Sales
- Retail Stores
- Specialty Stores
- Wholesale Stores
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
- North America
Key Developments in the Market:
- In October 2018, SOFIDEL announced the inauguration of its largest manufacturing plant situated in Ohio, United States. The plant capable of providing the highest quality of products and high amounts of energy efficiency.
- In February 2015, SOFIDEL announced the launch of biodegradable paper towels in the “Regina” product line, which makes the disposal of these towels easier as they can be flushed straight through the toilet after usage.
Competitive Analysis: Global Tissue Towel Market
Global tissue towel market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of tissue towel market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Tissue Towel Market
Few of the major competitors currently working in the tissue towel market are Kruger Inc., Wepa, Cascades inc., Georgia-Pacific, METSÄ TISSUE, Procter & Gamble, KCWW, Asaleo Care Limited, HengAn.com, SHP Group, Grigeo, Essity Aktiebolag (publ), Celtex spa, Lucart S.p.A., SOFIDEL, Cartiere Carrara S.p.A., Essity Aktiebolag (publ), APP (Asia Pulp & Paper), MP hygiene, Industrie Cartarie Tronchetti S.p.A., KP TISSUE INC., Vinda International Holdings Limited, Softys, Nova Tissue, and COMINTER PAPER S.A.
Research Methodology: Global Tissue Towel Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request An Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of Market Segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market Drivers and Restraints analysis along with the analysis of the market structure