The global demand for Paper Towel Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Paper towel is a soft sheet of paper used for drying hands, wiping windows and other surfaces, dusting and cleaning up spills. These are made up of cellulose fibres either virgin or recycled, loosely woven which enables liquid to travel between the fibres. It is also known as kitchen roll, kitchen paper, poly roll, and kitchen towel. These are sold in rolled, multifold, or square shaped form.
Growing per capita income and changing lifestyle of people is flourishing the growth of the market. Consumers are willing to pay more for a high performing product. Changing lifestyle of people has a measurable effect on consumption rate. There is a huge potential for kitchen rolls in some countries that still have ample room for further penetration, this aspect will cause the value to increase and will continue to do in the coming years. The US is the biggest market for a paper towel at present. Most opportunities for growth are coming from the Asia Pacific. The evolution of markets such as China, India presents potential prospects. Major investment activity is prompted by China adding up new capacity to the supply base. Overall, trends show bright years ahead. However, the growing environmental concern will hamper the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Paper Towel.
The entire Paper Towel market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Rolled Paper Towels
- Boxed Paper Towels
- Multifold Paper Towels
- At Home
- Away From Home (AFH)
This section covers regional segmentation which accentuates on current and future demand for Paper Towel market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Paper Towel Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Paper Towel market include Procter and Gamble (PandG), SCA, Georgia Pacific, Kimberly-Clark, Cascades. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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