What is Beverage Napkins Market?
Beverage napkins are served with beverages and also served with light finger food. It is available in three sizes that are beverages, lunch and dinner. These napkins are made of soft and thick tissue and used in Hotel, restaurant, coffee shop and bar. Additionally, it is made of 1, 2 or 3 ply tissue paper and when folded it measures 5” square. It requires 2 to three pieces per person, hence it is bought in bulk by the restaurants. The beverage napkins also used to prevent stains on the table by placing it below the beverage can or bottle. The increasing sell of food and beverage is fueling the market of beverage napkins.
The market study is being classified by Type (Paper Napkins, Cotton Napkins, Nylon Napkins and Others), by Application (Hotels, Restaurants, Bar and Lounge, Quick Service Restaurants and Others) and major geographies with country level break-up.
Kimberly-Clark (United States), Metsä Tissue (Finland), Pudumjee Paper Products (India), Sinar Mas (Indonesia), INDEVCO Group (Lebanon), Amscan Holdings (United States), Paper Source Converting (United States), SCA (Sweden), Solaris paper (United States) and Asaleo Care (Australia) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Cascades (Canada).
In this market of beverage napkins the leading players are focusing to produce the sustainable solution and the emerging players are offering discounts on the product which will strengthen their position in the market. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Beverage Napkins market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Beverage Napkins market by Type, Application and Region.
On the basis of geography, the market of Beverage Napkins has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Number of Food Service Outlet
- Increasing Consumption of Beverages and Fast Food is Fueling the Growth of the Market
Market Trend
- Adoption of Recyclable Beverage Napkins
- Usage Customized Napkins Such as Print of Brand Name
Restraints
- Lack of Awareness in Rural Areas
Opportunities
- Rising Urbanization is leading to Growth of Beverage Napkins Market
- Improvement in Living Standards of Consumers
Challenges
- Stiff Competition between the Major Players
Market Leaders and some development strategies
In December 2018, Solaris paper has acquired Asaleo care. This acquisition will strength the consumer portfolio of the company.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations