Tissue Towel Market: Information, Figures and Analytical Insights 2022- 2028

Posted by Rajkumar on February 16th, 2023

Market Overview:

A tissue towel is a type of absorbent, which is disposable and is also made from paper. Tissue towels are used in the kitchen use and are also known as kitchen towels. For the usage in household purposes the tissue towels are generally sold in the rolls of sheets and they are also used as the dispensaries.

Competitive Landscape:

Key players involved in the global Tissue Towel market are SHP Slovak Hygienic Paper Group, AB Grigeo, Essity Aktiebolag (publ), Kruger Inc., Wepa Leuna GmbH, Cascades Inc, Lucart S.p.A., Georgia-Pacific LLC, Asaleo Care Limited, Metsä Tissuem Procter & Gamble Co., Kimberly-Clark Corporation, Hengan Group, Industrie Celtex S.p.A, and Sofidel S.p.A.

Market Key Drivers:

Rise in number of tourists and the working women is also anticipated to fuel the growth of the global tissue towel market. As per a survey conducted and from the researches, around 1.460 billion international tourists arrived globally in the year 2019. 

Furthermore, new developments comprising the enhanced development and the rising goods offering based on the consumer requirements is anticipated to augment the growth of the global tissue towel market. For instance, as per FMI Analysis, the difference in between BPS values seen in the tissue towels in H1 2022 outlook over H1, 2022 expected shows a development of 40 units.

Covid-19 Impact Analysis:

The Covid-19 outbreak has led to the positive impact on the growth of the global tissue towel market as the spread of coronavirus taught people to carry masks and the sanitizers to be aware of the communicable diseases and also it simultaneously led to the demand of the tissue towels for the portable usage, this in turn anticipated to fuel the tissue towel market.

Key Takeaways:

The global tissue towel market is expected to exhibit a CAGR of 2.3 % during the forecast period due to the frequent approvals and the quick launches of the goods. For instance, in 2019 Cascades Inc. a green packaging and tissue products company declared the approval of the Latte Products and the collections.

Among region North America, Asia Pacific and Europe are anticipated to witness robust growth in the global tissue market due to rising international trading of the tissue products, rising food and beverage industry, increasing health and hygiene and development in tourism. For instance, as per ITA, the whole imports of the tissue towel and the similar goods to Australia was around US$ 178,200

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Rajkumar

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Rajkumar
Joined: February 13th, 2019
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