Attractive Demand for Anti-static and Abrasive Types underpin Lucrative Prospect

Posted by Arslan on March 4th, 2019

According to Fact.MR, the global general purpose wipes market is projected to rise at a modest CAGR during 2017–2022. By the end of this period, the global market is anticipated to touch a worth of approximately US,450 million.

The rising awareness about maintaining day-to-day hygiene and cleanliness in institutional and industrial environments is a key trend underpinning the evolution of the general purpose wipes market. Coupled with this, the rising consumer spending on daily purpose wipes is a key factor bolstering the demand for general purpose wipes. The rising demand for ready-to-use, all-liquid absorbent wipes for the general cleaning and maintenance applications is a notable factor driving the market. The general purpose wipes market has witnessed the advent of all-purpose non-abrasive wipes in convenient packaging. The rise in manufacturing activities has accentuated various liquid handling operations in industrial settings, thereby catalyzing the expansion of the general purpose wipes market.

The demand for bio-based disposal general purpose wipes has opened a new, exciting avenue for manufacturers. The general purpose wipes market is witnessing robust impetus from few regional regulations on the disposability of these wipes. The exclusion of solvent-contaminated disposable wipes from the definition of solid waste under Wiper Rule in 2013 is a case in point. The substantially rise in general purpose wipes for cleaning and disinfecting in hospital settings is a prominent factor accentuating the general purpose wipes market.

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Anti-static and abrasive surface wipes are some of the potentially lucrative segments in the general purpose wipes market. Anti-static general purpose wipes are popularly used in the cleaning and maintenance activities in the electronics and electrical industry. The opportunities in the anti-static general purpose wipes segment is projected to reach a worth of about US0 Mn by the end of 2022 and is expected to expand at an impressive pace during 2017–2022. The segment is expected to hold over 10% of the revenue share in the general purpose wipes market among all the product types in 2017 end. In the coming years, the demand is expected to gain.

The report offers a granular assessment of the prevailing intensity of competitive in the general purpose wipes market, factors that shape the contours, and the trends that can change the status quo of the position held by key players. Prominent companies operating in the general purpose wipes market include Svenska Cellulosa Aktiebolaget SCA, First Quality Enterprises, Cotton Babies Inc., Unicharm, Kimberly-Clark, Farlin Infant Product Corporation, Johnson & Johnson, Hengan International Group Company Limited, Sebapharma GmbH & Co. KG, and Procter & Gamble.

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