Wipes Market to Witness Huge Growth by 2030 - Reckitt Benckiser Group Plc, Procter & Gamble, S.C. Johnson & Son

Growing demand for wipes due to coronavirus outbreak is expected to escalate the global wipes market at a CAGR of 11.8%

Latest market study on "Global Wipes Market to 2030 - Analysis and Forecasts by Type (Baby Wipes, Facial Wipes, Moist Flushable Wipes, Household Wipes, and Others); by Distribution Channel (Supermarket and Hypermarket, Convenience Stores, Online, and Others), and Geography". Wipe is a small moist cloth that is used for cleaning surfaces. Various types of wipes are commercially available such as baby wipes, makeup removal wipes, cooling wipes, perfume wipes, body wipes, medical wipes, general cleaning wipes, pet wipes, intimate wipes, deodorant wipes, nail polish removal wipes, antibacterial wipes, among others. These wipes are subjected to light rubbing or friction to remove dirt or liquid from the surface. The key advantage of wipes is convenience. Using wipes is quicker and easier than the alternative of dispensing a liquid and using another cloth or paper towel to clean or remove dust. Wipes serves a number of personal and household purposes.

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The global wipes market is accounted to US$ 14,446.0 Mn in 2019 and is expected to grow at a CAGR of 11.8% during the forecast period 2019 - 2030, to account to US$ 49,507.6 Mn by 2030. The report includes key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

World Health Organization (WHO) announced that COVID-19, the novel form of a disease caused by the virus SARS-CoV-2, as a global pandemic. In December 2019, the outbreak of coronavirus had spread in China and later turned into pandemic causing thousands of deaths across the world. People infected by COVID-19 initially develop mild respiratory symptoms that may aggravate to severe illnesses, such as pneumonia, leading to breathlessness and ultimately resulting in death. As coronavirus is transmitted through contact with an infected person or via respiratory droplets when an infected person coughs or sneezes, consumers are focusing on personal hygiene and household cleanliness. Surfaces play a significant role in transmitting pathogens. Hence, preventing surfaces from getting contaminated is important. Disinfectant wipes are mainly used in the medical sector, hotels and restaurants, schools, and colleges for disinfecting the surfaces. Thus, disinfectant wipes and sanitizers are used on a large scale as a precautionary measure to fight against the coronavirus. Rising awareness among the consumers in the developed and developing countries about the importance of hygienic products have propelled the demand for wipes globally. Among all five regions, Asia-Pacific wipes market is expected to grow at a highest CAGR during the forecast period. The Asia Pacific region has tremendous potential for the wipes market. Countries such as China and India have a large population base. This leads to a higher demand for wipes in these countries. Countries such as Australia and South Korea are highly concern about personal care and hygiene. These factors further propel the demand for wipes in these countries. The baby wipes segment experiences an increase in sales in these countries due to growth in the infant population in the region. Rapid growth in the number of potential buyers in Asian countries is expected to drive the wipes market in the region.

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The market for global wipes is concentrated with some very well-established players. Some of the players present in global wipes market are Reckitt Benckiser Group Plc, Procter & Gamble, S.C. Johnson & Son, The Clorox Company, Contec Inc., Diamond Wipes International Inc., DuPont de Nemours, Inc., Rockline Industries, Kimberly-Clark Corporation, Nice-Pak Products, Inc. among many others.

The report segments the global wipes market as follows:

Wipes Market, by Type
Baby Wipes
Facial Wipes
Moist Flushable Wipes
Household Wipes
Others
Wipes Market, by Distribution Channel
Supermarket and Hypermarket
Convenience Stores
Online
Others
Global Wipes Market - By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Russia
Rest of Europe
Asia Pacific (APAC)
China
Australia
India
Japan
South Korea
Rest of Asia Pacific
Middle East and Africa
South Africa
Saudi Arabia
UAE
Rest of MEA
South America
Brazil
Argentina
Rest of South America

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