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TISSUE TOWEL MARKET ANALYSIS

Tissue Towel Market, By Product Type (Roll Towel, Folded Towel and Boxed Towel), By Application (Personal Care, Home Care, Healthcare and Hospitality), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Pharmacies/Drug Stores, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Jul 2024
  • Code : CMI1619
  • Pages :121
  • Formats :
      Excel and PDF
  • Industry : Consumer Goods

Tissue Towel Market Size and Trends

The tissue towel market is estimated to be valued at US$ 53.09 Bn in 2024 and is expected to reach US$ 63.11 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.

Tissue Towel Market Key Factors

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The widespread use of bath and kitchen towels in households and commercial buildings such as hospitals, hotels and offices has been the major factor contributing to the growth of the tissue towel market globally. The market has been witnessing notable growth in developed regions, such as North America and Europe, due to increasing health awareness and changing lifestyles of consumers. Consumers prefer premium and innovative products with added benefits such as softness, absorbency, and durability. Various product launches catering to consumer demand along with lucrative marketing strategies by key players is also a key trend prevailing in the market. For a hygienic and better lifestyle, consumers are willing to pay more for quality tissue towels which has been benefiting the market growth. Convenience remains the primary factor driving demand from both residential and commercial sectors.

Increasing hygiene consciousness

With growing awareness about health and hygiene, consumers are paying more attention to cleanliness and proper sanitation. Use of tissue towels has increased significantly as people want to ensure their surroundings are clean and germ-free. Tissue towels have become a necessity in public restrooms, households, offices, and other places where proper hand drying is important after washing hands. Their absorbent quality allows users to dry hands thoroughly without any moisture left behind. Several campaigns by health organizations to promote hand washing at regular intervals have made people more cognizant about using a fresh tissue towel each time. The availability of tissue towels at all public conveniences further reinforces their use instead of other traditional methods of drying hands. With hygiene emerging as a priority, consumer behavior has evolved to adopt tissue towels on a daily basis in their life. This rising hygiene consciousness is fueling strong demand and acting as a key driver for the growth of the tissue towel market.

Tissue Towel Market Concentration By Players

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Increasing working population propelling tissue towel uptake

The large working populace constitutes a significant portion of tissue towel consumption. With more people joining the workforce, tissue towels have become an important amenity provided by employers to enable hygienic hand drying for staff at offices and workplaces. The fast pace of current professional life leaves little time for other options, making tissue towels a perfect solution for quick drying. Their portability allows users to carry a tissue towel conveniently while commuting between locations. Busy work schedules coupled with growing health awareness have made tissue towels an indispensable companion for the working community. Various professional establishments ranging from IT parks to manufacturing units recognize the importance of adequate provision of tissue towels and ensure their availability across all employee touchpoints. The expanding working demography worldwide is proportionally elevating demand for tissue towels to meet their unique needs. This driver of an increasing workforce substantially props up the adoption rate and widespread usage of tissue towels.

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