Growth Factors of Toilet Paper Market
The global toilet paper market size was valued at USD 26.14 billion in 2019 and is projected tgrow tUSD 49.91 billion by 2032, exhibiting a CAGR of 5.14% during the forecast period of 2020-2032.
The COVID-19 pandemic substantially impacted the Toilet Paper Market, leading ta surge in calls because of panic shopping for and stockpiling at some stage in lockdowns. This unexpected growth in intake strained supply chains and brought about temporary shortages in many areas, impeding the toilet paper market growth.
Numerous changing aspects act as driving forces for the toilet paper market, starting from a growing focus of consumers on hygiene and sanitation towards rising disposable income and an increasing preference for convenience products. Moreover, the eco-friendly and sustainable toilet paper options drive the market's growth as consumers become environmentally conscious.
Sustainability and eco-friendliness are becoming more important for the toilet paper market. There is a trend where most consumers would seek toilet paper products made with recycled materials, bamboo, or materials from sustainable sources. This shower toilet paper market share growth is partly attributed tthat. There is alsa demand for products using minimal packaging and responsible forestry.
Comprehensive Analysis of Toilet Paper Market
The Toilet Paper Market is segmented based on kind, ply remember, and application. In terms of type, the rolled segment dominates because of its traditional format, imparting convenience and ease of use. However, the folded section is gaining traction due tclient calls for merchandise like Kimberly-Clark's Folded Bath Tissue, which promotes paper conservation. The 2-ply phase holds the most crucial share regarding counting ply due tits power stability, softness, and fee effectiveness. However, better ply products are growing in recognition for their multiplied electricity. The market is likewise segmented by software, with the family segment expected tdominate because of the higher usage rate of restroom paper in homes, pushed by the rising quantity of households, especially single-man or woman homes. Meanwhile, the hospitality and healthcare sectors are expected trevel in growth because of enhancements in offerings and centers.
The Asia Pacific region led the toilet paper market by benefitting a size of USD 9.55 billion in 2019 due tthe developing effect on the westernized way of life in Asian nations; the call for the product is anticipated tpush upward.
The leading players in the toilet paper market play a significant role in shaping its growth trajectory and establishing industry standards. These key players, including Procter & Gamble Co. (Cincinnati, U.S.), Kimberly-Clark (Dallas, U.S.), Essity AB (Stockholm, Sweden), Georgia-Pacific LLC (Atlanta, U.S.), Hengan Group (Jinjiang, China), Sofidel Group (Porcari, Italy), Kruger Inc. (Montreal, Canada), Empresas CMPC S.A (Santiago, Chile), WEPA Hygieneprodukte GmbH (Arnsberg, Germany), and Unilever (London, U.K.), contribute ta highly competitive landscape, driving innovation, and advancing market developments.
In July 2019, Cascades has acquired Orchid Paper Products Company, a circulate that is anticipated thelp decorate its market presence.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Value (USD Billion)
By Type
Rolled
Folded
By Ply Count
One
Two
Others (Three, Four, etc.)
By Application
Household
Healthcare
Hospitality
Others (Offices, Public Places, etc.)
By Geography
North America (By Type, Ply Count, Application and Country)
USA (By Type)
Canada (By Type)
Mexic(By Type)
Europe (By Type, Ply Count, Application and Country)
U.K. (By Type)
Germany (By Type)
France (By Type)
Italy (By Type)
Spain (By Type)
Rest of Europe (By Type)
Asia Pacific (By Type, Ply Count, Application and Country)
China (By Type)
India (By Type)
Japan (By Type)
Australia (By Type)
Rest of Asia Pacific (By Type)
South America (By Type, Ply Count, Application and Country)
Brazil (By Type)
Argentina (By Type)
Rest of South America (By Type)
Middle East and Africa (By Type, Ply Count, Application and Country)
South Africa (By Type)
UAE (By Type)
Rest of the Middle East & Africa (By Type)
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