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General Purpose Wipes Market is Expected to Reach a Value of US$ 1,450 Mn by 2022-end

04-09-2018 02:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

The global market discussion on general purpose wipes industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “General Purpose Wipes Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on general purpose wipes market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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General purpose wipes are ideal for the cleaning and the maintenance in both industrial and institutional settings. With an improving global economy and a spurt in the manufacturing activities all over the world, there is a huge demand for general purpose wipes. The main characteristics of general purpose wipes are that they are easy to use, can be easily disposed and reduce the risk of cross contamination. As the consumers presently are becoming aware of the environmental problems and solid waste generation, manufacturers are making such type of wipes that are biodegradable and can be disposed easily without having an adverse impact on the environment. One of the major drivers contributing to the increased demand of the general purpose wipes is the accelerated pace of industrial manufacturing. Also, in the year 2013, the Environmental Protection Agency of United States declared the solvent contaminated disposable wipes as non-hazardous solid waste, thereby increasing their use and making them competitive against reusable shop towels. Besides their industrial uses, general purpose wipes are also used in healthcare settings and food service industries to prevent infections and cross contaminations.

The global general purpose wipes market is slated to touch a value of nearly US$ 1,450 Mn in the year 2022 and grow at a moderate CAGR during the assessment period.

Cloth Material Type Segment to exhibit a CAGR of 4.5% During the Assessment Period

As per the forecast of Fact.MR, the cloth material type segment is slated to touch a figure of nearly US$ 540 Mn in the year 2022. This represents a CAGR of 4.5% during the assessment period from 2017 till the year 2022. This segment is expected to lose market share by the end of the year 2022. The cloth material type segment is expected to account for more than one-third of the revenue share of the material type segment by the year 2017.

Abrasive Surface Wipe Segment Poised to Touch a Value of Nearly US$ 160 Mn in 2022

As per the forecast of Fact.MR, the abrasive surface wipe segment is expected to reach a value of nearly US$ 160 Mn in the year 2022. This represents a moderate CAGR during the forecast period of 2017-2022. Abrasive surface wipe segment is expected to account for more than one-tenth of the revenue share of the product type segment by the year 2017 and is expected to lose market share by the end of the year 2022.

Browse Full Report with TOC- https://www.factmr.com/report/183/general-purpose-wipes-market

Table of Content:

1. Global General Purpose Wipes Market - Executive Summary

2. Global General Purpose Wipes Market Overview
2.1. Introduction
2.1.1. Global General Purpose Wipes Market Taxonomy
2.1.2. Global General Purpose Wipes Market Definition
2.2. Global General Purpose Wipes Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global General Purpose Wipes Market Y-o-Y Growth
2.3. Global General Purpose Wipes Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global General Purpose Wipes Market Analysis and Forecast By Product Type
3.1. Global General Purpose Wipes Market Size and Forecast By Product Type, 2012-2022
3.1.1. Abrasive Surface Wipe General Purpose Wipes Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Anti-Static Wipe General Purpose Wipes Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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