Press release
Tissue Paper Market Share, Size & Industry Growth Report, 2020-2027
Tissue Paper Market:Growth opportunities in the tissue paper market look promising over the next six years. This is mainly due to the rise in healthcare expenditure, booming tourism and hospitality industries, increasing awareness regarding health and hygiene, and the rising women workforce. The tissue papers are user-friendly and cost-effective, which is encouraging individuals to opt for tissue papers.
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Tissue Paper Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The surging awareness about health and hygiene among consumers is one of the prominent factors strengthening the tissue paper market. The other factors responsible for boosting the tissue paper market's growth are cost-effectiveness, ease of use, and low penetration of tissue paper substitutes throughout the world. Also, the rising women workforce has augmented the use of tissue paper products, thus stimulating the growth of the global tissue paper market. As per the tissue paper industry report, increasing healthcare expenditure coupled with the altering lifestyle of consumers will support the tissue paper market size.
Moreover, the prospering tourism and hospitality industries will increase the worldwide demand for tissue paper. For example, the rising transportation cost of tissue paper in comparison to its actual cost owing to the widespread COVID-19 across the globe will further influence the growth of the tissue paper market. On the other edge, fluctuation in prices of raw materials and growing concern regarding deforestation are restraining the global tissue paper market's growth.
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Application Segment Drivers
Based on the application, commercial is anticipated to expand over the forecast period owing to the rising health and hygiene concern among consumers and the growing utilization of tissue paper products in different commercial spaces and office complexes. The rising awareness of hygiene in the hospitality industry will strengthen the commercial growth in the tissue paper market. Additionally, the commercial sector's prompt growth, mainly in developing countries will further boost the tissue paper market size.
Regional Drivers
Based on the region, Asia-Pacific is projected to grow at the highest rate over the forecast period because of rapid urbanization, expanding disposable income, and rising purchasing power of consumers largely in the developing economies like India, China, and Japan. Additionally, increasing awareness about personal hygiene and raising the individuals' standard of living will further fuel the demand for tissue paper in Asia- Pacific region.
Tissue Paper Market’s leading Manufacturers:
• CMPC SA
• Cascades Inc.
• Wepa Group
• Hengan International
• Sofidel Group
• Georgia-Pacific LLC
• Asia Pulp & Paper
• Kimberly-Clark Corp
• Metsa Tissue
• The Procter and Gamble Co.
Tissue Paper Market Segmentation:
Segmentation by Product:
• Toilet Paper
• Facial Tissue
• Paper Towel
• Napkins
• Others
Segmentation by Application:
• Commercial
• Residential
Segmentation by Distribution Channel:
• Supermarkets/Hypermarkets
• Convenience Stores
• Online
• Others
Segmentation by Region:
• North America
o United States of America
o Canada
• Asia Pacific
o China
o Japan
o India
o Rest of APAC
• Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
• RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
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About GMI Research
GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.
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