Press release
Intimate Wipes Will Witness Positive Growth Throughout The Forecast Period 2022-2032
COVID-19 to supplement the Demand Growth for Intimate WipesWhile COVID-19 has been detrimental to multiple industries, the effect of the pandemic is expected to leave a positive impact on intimate wipes market. Companies have been up scaling their production outputs to address the demand. While multiple fluctuations are expected during the COVID-19 pandemic, market is expected to grow 1.2X in 2020 over the value in 2019. By type wet wipes will witness positive growth throughout the forecast period (2020-2030).
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Odor Prevention to Remain Primary Application on Back of Consumer Trends
Intimate wipes are available in multiple variants, used for various applications like dryness relief, anti-itch, odor prevention and others. Among the various applications of intimate wipes, products with specific odor prevention have garnered significant traction in their target consumer base. Odor prevention segment holds majority share in the intimate wipes market and is also expected to be fastest growing segment in established markets like North America and Europe.
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Intimate Wipes Market to move towards Consolidation
The global intimate wipes market is semi-consolidated, with multiple top players accounting for nearly 70% revenue share. The top players have been banking on sustainability of their products and brand loyalty to maintain their foothold in the market.
While demand for private label products has been increasing in North America, market leaders are expected to maintain their volume share in the market. Despite the multiple new entrants in the market, during the COVID-19 pandemic, market is expected to move towards consolidation by end of forecast period.
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Intimate Wipes Market: Segmentation
FactMR’s study has done the segmentation of intimate wipes market on the basis of product type, fragrance, application and sales channel.
Product Type
Wet Wipes
Dry Wipes
Fragrance
Standard
Scented
Application
Dryness Relief
Anti-Itch
Odor Prevention
Others
Sales Channel
Modern Trade
Medical and Drug Stores
Online Retail
Others
Region
North America
Latin America
Europe
East Asia
South Asia and Oceania
MEA
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Market Insights:
Covid-19 pandemic has adversely impacted the global retail and consumer goods industry where national and regional lockdowns have disrupted both production and supply chain. It is possible that the effect on retail and consumer goods firms will be complex, affecting both the equation's demand and supply sides.
And unlike other sectors, a change in consumer habits have led to increased demand for several categories of consumer goods as well as shifting brand preferences. At the same time, manufacturers are determining how best to tackle possible disruptions to the supply chain and capacity constraints that may prevent them from meeting evolving customer needs.
For More Insights- https://www.einpresswire.com/article/556610765/x-ray-fluoroscopy-market-neurosurgery-is-expected-to-lead-the-market-by-application-accounting-for-6-5-cagr
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