Global Hand Towels Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Rolled Paper Towels, Boxed Paper Towels and Multifold Paper Towel.

By Application;

Residential and Commercial.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn110114592 Published Date: February, 2024 Updated Date: March, 2024

Introduction

Global Hand Towels Market (USD Million), 2020 - 2030

In the year 2023, the Global Hand Towels Market was valued at USD 3,993.42 million. The size of this market is expected to increase to USD 5,732.49 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.

The global hand towels market is a dynamic and ever-evolving sector within the broader realm of hygiene and personal care products. Hand towels serve an essential function in maintaining cleanliness and hygiene in various settings, including homes, commercial establishments, healthcare facilities, and hospitality industries. With an increasing emphasis on health and sanitation, the demand for hand towels continues to witness steady growth worldwide.

One of the key drivers propelling the growth of the hand towels market is the rising awareness regarding the importance of hand hygiene in preventing the spread of infectious diseases. As governments and health organizations advocate for regular handwashing as a crucial preventive measure, the demand for hand towels, both disposable and reusable, experiences a significant upsurge. Moreover, the ongoing global pandemic has further underscored the necessity of stringent hygiene practices, thereby fueling the demand for hand towels across all sectors.

Changing consumer lifestyles, preferences, and an inclination towards premium and eco-friendly products are reshaping the landscape of the hand towels market. Manufacturers are innovating to meet the evolving consumer demands by introducing sustainable materials, antibacterial properties, and enhanced absorbency features in hand towel products. Additionally, the expansion of online retail channels and the convenience of e-commerce platforms have facilitated easier access to a wide range of hand towel options, contributing to market growth. As the world continues to prioritize health and hygiene, the hand towels market is poised for sustained expansion in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Hand Towels Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Awareness of Hand Hygiene
        2. Rising Health Consciousness
        3. Expansion of Commercial Sectors
        4. Emerging Markets
      2. Restraints
        1. Price Sensitivity
        2. Competition from Alternatives
        3. Supply Chain Disruptions
        4. Hygiene Concerns
      3. Opportunities
        1. Customization and Personalization
        2. E-commerce Expansion
        3. Integration of Smart Technology
        4. Diversification of Product Range
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Hand Towels Market, By Product Type, 2022 - 2032 (USD Million)
      1. Rolled Paper Towels
      2. Boxed Paper Towels
      3. Multifold Paper Towel
    2. Global Hand Towels Market, By Application, 2022 - 2032 (USD Million)
      1. Residential
      2. Commercial
    3. Global Hand Towels Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Kimberly-Clark Corporation
      2. Procter & Gamble
      3. Georgia-Pacific LLC
      4. Svenska Cellulosa Aktiebolaget (SCA)
      5. Wepa Group
      6. Kruger Products
      7. Hengan International Group Company Limited
      8. Essity AB
      9. Wausau Paper Corp
      10. Cascades Inc
  7. Analyst Views
  8. Future Outlook of the Market

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