Toilet Paper Market 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
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.
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The market is expected to exhibit an incremental revenue opportunity of USD 13.4 billion from 2020 to 2028. Based on region, the North America region holds the highest market share of 39.6% in 2020. Other factors contributing towards the growth of the toilet paper market are the rise in product innovations and development of new products for hygiene and house maintenance, growing usage of toilet disinfectants and cleaners, and the widespread usage of accessible personal care, hygiene products in homes, offices, and businesses.
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Trends Influencing the Growth of Toilet Paper Market
Rise in incomes and more hygiene consciousness will drive the growth of the Toilet paper market
Inflating income levels and growing hygiene consciousness have led to the increase in demand for more personal care and hygiene products thereby boosting the growth of the toilet paper market. The rise in purchasing power capacity of consumers increases their level of life leading to more sales of a wide variety of toilet paper.
Further increases in disease-causing germs, microorganisms, and dirt have created a ripple effect inducing people to pay more attention to their personal hygiene and health. Thus, better economic growth and growing health and hygiene concerns will accelerate the growth of the market in the coming years.
Toilet Paper Market Segment by Type (One-ply, Two-ply, and Others), End Use (Commercial, and Residential), and Distribution Channel (Online and Offline)
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