A paper towel is a water-absorbing material. Paper towels generally used in bathrooms and kitchens to maintain hygiene and cleanliness. These products can quickly soak the moistures from the hands or surface and avoid bacterial or viral spread.
MARKET DYNAMICS
The increasing awareness about hygiene in countries worldwide is a crucial factor driving the paper towels market growth. Hygiene and sanitation are essential for preventing and controlling the spread of many dangerous human diseases, including cholera, diarrhea, Ebola, and the recent Coronavirus infection. Commercial places such as hotels, restaurants, and workplaces use paper towels these days as it is easy to use and dispose of. Conventionally, two factors - disposable income and hygienic qualities- have been vital in driving the global paper towel market's growth.
MARKET SCOPE
The "Global Paper Towels Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the paper towels market with detailed market segmentation by type, end users and distribution channel. The global paper towels market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading paper towels market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global paper towels market is segmented into type, end users and distribution channel. By type, the paper towels market is classified into rolled paper towels and folded paper towels. By end users, the paper towels market is classified into residential and commercial. By distribution channel, the paper towels market is classified into supermarkets and hypermarkets, convenience stores, online retail, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global paper towels market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The paper towels market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the paper towels market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the paper towels market in these regions.
MARKET PLAYERS
The report covers vital developments in the paper towels market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the paper towels market are anticipated to lucrative growth opportunities in the future with the rising demand for paper towels in the global market. Below mentioned is the list of few companies engaged in the paper towels market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the paper towels market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Procter and Gamble
- Svenska Cellulosa Aktiebolaget SCA
- Georgia-Pacific
- KCWW
- Cascades Inc.
- METS? TISSUE
- Hengan International Group Company Limited
- Seventh Generation, Inc.
- KEUCO GMBH & CO. KG
- Parker laboratories inc
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