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Disposable Slippers Market Trends and Research Insights by 2030; TMR Analyzes Impact of COVID-19 on Market
Disposable Slippers: IntroductionDisposable sleepers are a type of footwear manufactured for one time use. Companies recycle it for different purposes after it is disposed as a solid.
Disposable sleepers have several advantages. They are waterproof, and provide ventilation, slip resistance, and other benefits.
Key Drivers of the Global Disposable Slippers Market
Growing health consciousness among customers is a major factor responsible for the growth of the disposable slippers market. Some of the other factors contributing to market growth are rise in tourist activities, changing lifestyles, and growth in disposable income.
Closed-toe disposable slippers accounted for major share in the disposable slippers market and are expected to maintain their dominance in the global market. This type of product protects the foot from dust particles. Rising consumer awareness about leading a hygienic lifestyle is driving product demand. Companies are offering large varieties of closed-toe disposable slippers by analyzing its demand.
In terms of distribution channel, the online segment is expected to expand at a higher pace globally. Companies offer mass product delivery to reach the retail market. Hospitals and hotels are shifting toward online product orders to get doorstep delivery services.
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Increasing Usage of Disposable Slippers in the Hospitality Industry to Create New Market Opportunities
Disposable slippers find utility in several hospitality companies. Majority of hospitals and nursing homes offer disposable slippers to patients. Furthermore, the hotel industry also adopted this product as a result of its low cost and convenience.
Usage of Low Quality Raw Material Can Hamper the Global Disposable Slippers Market
Poor durability and usage of low quality material may slow down the overall growth of the market during the forecast period.
Small scale companies use low quality raw material to bring down the cost and increase their profit margin. This factor is likely to work as a market restraint.
Asia Pacific the Dominant Market Set to Grow at a Higher Pace
Asia Pacific was the largest and fastest growing disposable slippers market in 2018. Growing hospitality industry in developing economies such as China and India is driving the market growth. It has been observed that consumers prefer to purchase products online and receive it at their doorstep. A large population in countries in this region is working as a positive factor in terms of demand for disposable slippers.
North America accounted for significant share of the disposable slippers market. Key companies operate their global business from this region. Demand for this product is expected to grow significantly in the U.S. and Canada in the coming years.
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Key Players Operating in the Global Market
The global disposable slippers market is fragmented in nature. Key market participants are signing strategic partnerships and taking strategic merger and acquisition decisions to increase their global market reach. Moreover, companies manufacturing disposable slippers are investing in infrastructure improvement to compete in the market. A few of the key players operating in the global disposable slippers market are listed below:
Haon Group
Kolunhome & Jasmine
Universal Textiles
Nicely Neat
Huini USA Beauty
Global Disposable Slippers Market: Research Scope
Global Disposable Slippers Market, by Product Type
Closed-toe
Open-toe
Flip-flop
Global Disposable Slippers Market, by End-user
Hotels
Spa centers
Hospitals
Global Disposable Slippers Market, by Distribution Channel
Online
Offline
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About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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