Increased Health and Hygiene Awareness Stimulates Growth in Use of Folded Tissues |
Posted: July 21, 2020 |
Owing to the latest COVID-19 pandemic, there is remarkable growth in purchasing various products related to personal care and hygiene such as folded tissues. This factor is working as a driver for the global folded tissues market. Moreover, the market is expected to experience substantial demand opportunities during forthcoming years as well. Depending on the application, there are number of products available in the global folded tissues market. Wet tissues, facial tissues, wrapping tissue, pocket tissue, toilet paper, and paper towel are some of the products from which consumers can select according to their needs. Majorly, these products can be purchased from hypermarkets, supermarkets, and grocery stores. Apart from this, major vendors in the global folded tissues market are using various other options such as discounters and dollar stores, wholesalers, distributors, and online sales channels to grow their sales. The recent article from Fact.MR presents comprehensive data on diverse factors and trends impacting the growth of the global folded tissues market. It discusses about the drivers, restraints, key players, and potential growth opportunities in the market for folded tissues. The global folded tissues market witnessed a stupendous sales of over US$ ~45.1 bn in 2019. This remarkable growth was attributed to change in consumer purchasing habits and burgeoning growth in the number of household buyers. As per the Analysts viewpoint, this trend will continue in the forthcoming years. They expect that the sales of market for folded tissues will rise at a rapid pace of ~3% during the forecast period of 2020–2030. Players Grow Their Efforts to Fulfill Rising Market Demand The global folded tissues market is consolidated in nature. Key reason for this situation is presence of few dominant players in this market. As a result, the new entrants in the market for folded tissues need to strategize their business moves to withstand in this high competition atmosphere. Well-established players are executing various tactics such as mergers, acquisitions, partnerships, and collaborations. Key motive of these moves is to maintain their prominent position in the global folded tissues market. Considering the latest rising demand owing to COVID-19 pandemic, many companies in the global folded tissues market are focused on strengthening their production capabilities. Several vendors are focused on growing their customer base by offering cost-effective and superior quality products. All these activities highlight that the vendors in the global folded tissues market hold noteworthy expansion opportunities during the forecast period of 2020 to 2030. The list of prominent players working in the global folded tissues market includes Kimberly-Clark Corporation, Procter and Gamble Company, Asia Pulp & Paper Group PT, Essity Aktiebolag (Publ), Georgia-Pacific LLC, SOFIDAL Group, Mediterranean Tissue Mill, Napco National, Cascades USA, Inc., and Wepa Hygieneprodukte GmbH. North America: Lucrative Region for Market Growth The global folded tissues market is spread across various regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East and Africa. Of them, the market for folded tissues remarkable demand avenues from North America. One of the key reasons for this growth is snowballing consumption of folded tissues owing to growing hygiene concerns in the region. Apart from this, the market for folded tissues is expected to grow on the back of increased per capita consumption of folded tissues in this region.
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