What is Paper Towels Market?
A paper towel is an absorbent, disposable towel made from paper the solution for the small confusions at home, in the kitchen, garden or studio. These are large rolls made to be held in paper towel dispensers. It is a sheet of soft and thick paper that can soak up the liquid and that is used for drying hands, cleaning up spills, etc. The factors such as Increased Disposable Income of the People and Increased Urbanization in Developing Countries are the key drivers for the global Paper Towels market. In addition, Increasing Demand from Online Customers also fueling the market growth. However, Fluctuations in the Raw Material Prices may hamper the market growth.
Highlights from Paper Towels Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Procter & Gamble (United States), Svenska Cellulosa AB (Sweden), Georgia-Pacific LLC (United States), Kimberly-Clark Corporation (United States), Kruger Inc. (Canada), Metsä Tissue (Sweden), Essendant Inc. (United States), Oasis Brands, Inc. (United States) and Seventh Generation, Inc. (United States) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Paper Towels market throughout the forecasted period.
Procter & Gamble (United States), Svenska Cellulosa AB (Sweden), Georgia-Pacific LLC (United States), Kimberly-Clark Corporation (United States), Kruger Inc. (Canada), Metsä Tissue (Sweden), Essendant Inc. (United States), Oasis Brands, Inc. (United States) and Seventh Generation, Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Hengan International Group (China), Asaleo Care (Australia) and C&S Paper Co., Ltd. (China). Paper Towels Market Segmentation:
Scope | Sub-Segments |
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Type | Rolled Paper Towels, Boxed Paper Towels and Multifold Paper Towels |
End-users | Residential,Commercial & Institutional |
Distribution Channel | Store-Based {Supermarkets & Hypermarkets, Convenience Stores and Others},Non-Store-Based |
On the basis of geography, the market of Paper Towels 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.
Influencing Trend:
Increasing Demand from Online Customers
Market Growth Drivers:
Increased Disposable Income of the People and Increased Urbanization in Developing Countries
Challenges:
Environmental Concerns Related to Paper Manufacturing
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Improved Standard of Living and Growing Demand from End-users
Key Target Audience
Paper Towels Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users