Press release
Hand Towels Market 2020-2030: Global Industry Analysis, Growth Opportunities, Demand, Segmentation, Development Strategy and Forecast
The Business Research Company offers "Hand Towels Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global hand towel market is expected to grow from $3.4 billion in 2019 to about $5.1 billion in 2020 as there is an increased awareness about hygiene and use of disposables towels due to the Covid-19 pandemic across the globe. People are preferring disposable paper towels over the reusable cloth ones to curb the spread of infection. The market is expected to stabilize and reach $4.4 billion at a CAGR of 7.2% through 2023.
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The hand towel market consists of sales of hand towel, which is a rectangular piece of absorbent paper made from tissue paper instead of cloth. Paper towels soak up water because they are loosely woven which enables water to travel between them, even against gravity (capillary effect). Paper towels can be individually packed (as stacks of folded towels or held coiled) or come in rolls.
The commercial places such as hotels, restaurants and workplaces are replacing hand towels with hand dryers, restraining the growth of hand towels market. The growing environmental concern to save trees led to adoption of hanf dryers replacing hand towels as they require enourmous amount of pulp from the trees to manufacture hand towels. according to the study by The Slate and Climate conservancy, using hand dryers is a greener choice and emit less greenhouse gases that emits 9 to 40 grams of carbon dioxide when compared with hand towels, which emits 56 grams of carbon dioxide.
Hand Towels Market Segmentation: -
By Type
1. Rolled Paper Towels
2. Boxed Paper Towels
3. Multifold Paper Towel
By Applications
1. Residential
2. Commercial
Browse Complete Report @ https://www.thebusinessresearchcompany.com/report/hand-towels-global-market-report-2020-30-covid-19-implications-and-growth
Few Points From Table Of Content
1. Executive Summary
2. Hand Towels Market Characteristics
3. Hand Towels Market Size And Growth
4. Hand Towels Market Segmentation
5. Hand Towels Market Regional And Country Analysis
……
25. Hand Towels Market Competitive Landscape
26. Key Mergers And Acquisitions In The Hand Towels Market
27. Hand Towels Market Trends And Strategies
28. Hand Towels Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the hand towel market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the hand towel market are Kimberly-Clark, Procter & Gamble, SCA, Hengan, Vinda, Asaleo Care, Sofidel, Georgia-Pacific, WEPA, Metsa Tissue
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The Business Research Company has published over 1000 industry rep orts, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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