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Toilet Paper Market Size to Reach USD 39.5 Billion by 2028 at a CAGR of 5.2% | Valuates Reports
The Toilet Paper Market is Segmented by Type (One-ply, Two-ply, and Others), End Use (Commercial, and Residential), and Distribution Channel (Online and Offline): Global Opportunity Analysis and Industry Forecast, 2021–2028. It is published in Valuates Reports under the Home Safety & Security Category.The global toilet paper market size was valued at USD 26.0 Billion in 2020 and is anticipated to reach USD 39.5 Billion by 2028, with a CAGR of 5.2% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of USD 13.4 Billion from 2020 to 2028.
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Major factors driving the growth of the Toilet Paper Market:
The Toilet Paper market's growth has been aided by an increase in hygiene awareness in both emerging and developed countries.
Furthermore, In emerging countries, rising disposable incomes and living standards have resulted in increased demand for more premium sanitary ware goods which in turn is expected to fuel the toilet paper market growth.
The COVID-19 pandemic has positively impacted the toilet paper market in terms of sales and demand. Increased demand for toilet paper was observed in the market in the initial stage of the lockdown.
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