Key companies covered in Tissue Paper Market are Von Drehle Corporation (U.S.), First Quality Tissue LLC (U.S.), St Croix Tissue (U.S.), Orchid Paper Products Company (U.S.), AbitibiBowater Inc. (Canada), Kruger Inc. (Canada), Asian Pulp & Paper (China), Svenska Cellulosa AB (Sweden), Hengan (China), CMPC Tissue SA (Chile), Sofidel Group (Italy), Faderco (Algeria), and more players profiled.
According to Fortune Business Insights, thetissue paper marketsize reachedUSD 76.52 billion in 2021. The market value is anticipated to increase fromUSD 80.99 billion in 2022toUSD 124.74 billion by 2029at aCAGR of 6.4%during the forecast duration. Tissue paper is widely used for sanitation and hygiene. People are becoming more aware of the importance of personal hygiene and sanitation, so pulp-based sanitary products are becoming more popular, saysFortune Business InsightsTMin its report titled,“Tissue Paper Market, 2022-2029”.
COVID-19 Impact-
COVID-19 Pandemic will Accelerate the Market for Hygiene Awareness
People are increasingly using tissue products to keep their surroundings clean and sanitary, as well as to avoid coronavirus infection. Furthermore, they prefer stocking up on toilet paper, wipes, and other grocery items to avoid running out of essential daily items during the COVID-19 lockdown restrictions. Due to this factor, the global population’s demand for facial wrappers and wipes has increased significantly during the pandemic.
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Fortune Business Insights™ lists out all thetissue paper market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:
- Von Drehle Corporation (U.S.)
- First Quality Tissue LLC (U.S.)
- St Croix Tissue (U.S.)
- Orchid Paper Products Company (U.S.)
- AbitibiBowater Inc. (Canada)
- Kruger Inc. (Canada)
- Asian Pulp and Paper (China)
- Svenska Cellulosa AB (Sweden)
- Hengan (China)
- CMPC Tissue SA (Chile)
- Sofidel Group (Italy)
- Faderco (Algeria)
Report Coverage-
The tissue paper market research report offers a thorough examination of the market, focusing on critical factors such as leading companies, product types, application, and distribution channels. Aside from that, the report provides insights into market trends as well as highlights important industry developments.
Drivers and Restraints-
Innovative products have a positive impact on the market
Companies have recently incorporated various innovations into the design of napkins and sanitary items in order to provide people with soft, higher absorption capacity-based hygiene products. This factor will aid the market’s growth in the future. Bunzl R3, for example, introduced a creative, comprehensive line of multi-foldable and variously shaped towels, napkins, and other groceries to provide customers with high-quality hygienic items. However, Rising environmental concerns, such as deforestation and global warming caused by tree cutting will limit the tissue paper market growth.
Segmentation-
On the basis of product type, the market is divided into facial tissue, paper towels, wipes, bath and toilet paper, and others. On the basis of application, the market is bifurcated into commercial and household application. Geographically, the market is classified into North America, Asia Pacific, Europe, South America, the Middle East and Africa.
Regional Insights-
North America to dominate the global market share
During the forecast period, Asia Pacific is expected to have a significant tissue paper market share. This can be attributed to factors such as China’s, Japan’s, and the East Asian region’s evolving production capability for wood-based items.
North America is primarily driven by high toilet paper consumption in countries such as Canada and the U.S. According to the NRDC Organization’s report “Issue with Tissue- How Americans are Flushing Down the Toilet,” the U.S. consumes the most toilet rolls, valued at USD 11.2 billion per year.
The European region will see a rapid growth rate for the market, due to the region’s growing infrastructural facilities for the hospitality and hotel industry.
The South American market is primarily driven by the increasing production capacity of pulp-based products such as sacks, corrugated boxes, boxboards, and sanitary sheets in Chile, Brazil, Peru, and Argentina.
The Middle East and Africa market is primarily driven by a thriving beverage industry, which drives the consumption of beverage napkins.
According to the Dubai government’s report “Food and Beverage Sector Indicators,” beverage sales increased by 6.9% in 2019 and are expected to increase by 6% between 2019 and 2022. Furthermore, growing government promotional campaigns promote personal care and cleanliness in Sub-Saharan Africa.
Rеаѕоnѕ to Get thіѕ Rероrt:
- A qualitative and quantitative market study based on segmentation that includes both economic and non-economic factors
- Data on market value for each section and sub-segment
- Indicates the region and market segment that is likely to expand the fastest and dominate the market.
- The consumption of the product/service in each region is highlighted, as are the factors affecting the market within each region.
- The competitive landscape includes the top players’ market rankings, as well as new service/product launches, collaborations, company expansions, and acquisitions made by the companies profiled in the last few years.
Competitive Landscape-
A market’s growth is dependent on innovation and effective distribution channels
Companies must manage their supply chains and inventories in order to maintain the necessary manufacturing capacity for tissue items. Svenska Cellulosa AB is a market leader with the most manufacturing capacity for pulp-based products. To improve environmental sustainability, the company employs product innovation as a business strategy to improve the absorption capability of paper and pulp-based items as well as the effective utilization of raw materials.
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Detailed Table of Content:
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Trends
- Key Insights
- Overview of the Parent/Related Markets
- Industry SWOT Analysis
- Supply Chain and Regulatory Analysis
- Recent Industry Developments – Policies, Partnerships, New Product Launches, and Mergers and Acquisitions
- Qualitative Analysis (in relation to COVID-19)
- Impact of COVID-19
- Supply Chain Challenges
- Potential Opportunities due to COVID-19
- Global Tissue Paper Market Analysis, Insights, and Forecast, 2018-2029
- Key Findings / Summary
- Market Size Estimates and Forecast
- By Product Type (Value)
- Facial Tissue
- Paper Towel
- Wipes
- Bath and Toilet Tissue
- Others
- By Application (Value)
- Household
- Commercial
- By Distribution Channel (Value)
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
- By Region (Value)
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
- By Product Type (Value)
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- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
TOC Continued…!
Notable Industry Development-
September 2019: theCascades, a leader in the manufacture of tissue and packaging products, has acquired the assets of Orchid Paper Product, which will help the company strengthen its operational and geographic position in the tissue segment.
Frequently Asked Questions (FAQs):
1.How much is the tissue paper market worth?
Answer:Fortune Business Insights says that the global market size was USD 76.52 billion in 2021 and is projected to reach USD 124.74 billion by 2029.
2. What was the value of the market in 2021?
Answer:In 2021, the market value stood at USD 76.52 billion.
3.At what CAGR is the market projected to grow in the forecast period (2022-2029)?
Answer:Growing at a CAGR of 6.4%, the market is forecasted to grow from 2022 to 2029.
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Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Breaking NewsTissue Paper Market Size Worth USD 124.74 Billion by 2029 | Exhibiting a CAGR of 6.4% | Fortune Business Insights™
