Comprehensive analysis of the toilet paper market by sales channels (offline and online) and geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)
NEW YORK , Nov. 2, 2022 /PRNewswire/ — Supplier adoption of sustainable manufacturing is a trend in the hygiene products market that is expected to have a positive impact in the coming years. Suppliers use environmentally friendly production processes, including sourcing wood from sustainable forests. Increasing focus on sustainable levels of business operations has forced tissue product suppliers to adopt sustainable production processes. Sustainable manufacturing from suppliers assures consumers that products are produced using environmentally friendly methods. This will increase the popularity of toilet paper among consumers, thereby boosting the growth of the global toilet paper market.
The toilet paper market size is expected to grow by US$10.53 billion from 2021 to 2026. Additionally, the market growth rate is expected to accelerate at a CAGR of 5.36% during the forecast period.
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In terms of distribution channels, the offline segment will be a significant driver of market growth during the forecast period. The market share of toilet paper in the offline market will increase significantly during the forecast period. Hypermarkets and supermarkets offer a wide range of brands and stock keeping units (SKUs) at competitive prices. Convenience, SKU and brand variety are factors to consider when purchasing products from hypermarkets, supermarkets, convenience stores and club stores. Availability of all products in one store is a major factor that consumers consider when purchasing products such as toilet paper.
Geographically, 30% of the market growth during the forecast period will come from the Asia-Pacific region. China and Japan are the main markets for toilet paper in the Asia-Pacific region. North America is another region showing significant market growth. Product launches, increased use of online platforms by end users to purchase household hygiene products such as toilet paper, and increasing awareness about the availability and growing popularity of toilet paper will propel the growth of the toilet paper market in Asia Pacific during the forecast period.
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One of the key factors driving the growth of the toilet paper market is the growing concern about health and hygiene. In recent years, the purchasing behavior and habits of consumers in emerging economies such as the Asia-Pacific region have been changing. Higher discretionary income, greater brand penetration and a wider range of products available on online portals are influencing the purchasing behavior of today’s consumers. Factors such as population growth and increasing hygiene awareness in developing countries will have a positive impact on the global toilet paper market. The pandemic has led to an increase in demand for health and hygiene products, which has positively impacted the market in 2020-2021.
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Tissue Paper Market by Product, Application, Distribution Channel and Geography – Forecast and Analysis 2022 to 2026: The tissue paper market share is projected to grow at US$25.86 billion from 2021 to 2026.
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Asian Pulp and Paper Industry Sinar Mas., Caprice Paper Products Pty Ltd., Cascades Inc., Clearwater Paper Corp., CMPC SA, Essity Aktiebolag, Hengan International Group Co., Ltd., Kimberly Clark Corp., Koch Industries Inc., Kruger Inc., Matera Paper Co. Inc., Naturelle Consumer Products LTD, Orchids, Seventh Generation Inc., SOFIDEL SPA AND SOFFASS SPA DPO, Traidcraft, Unilever PLC, Velvet CARE sp. z oo, WEPA Hygieneprodukte GmbH and The Procter & Gamble Company.
Parent company market analysis, market growth drivers and barriers, fast growing and slow growing segments analysis, impact of COVID-19 and future consumer dynamics, and market status analysis during the forecast period.
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Post time: Jun-03-2024