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Fold Paper Towel Dispenser Market Growth Drivers 2022, Industry Share Size, Global Demand, Emerging Trends, Opportunities, Key Players Strategies and SWOT Analysis 2030.

09-20-2022 10:49 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: We Market Research

Fold Paper Towel Dispenser Market

Fold Paper Towel Dispenser Market

The Global Towel Dispenser Market valued at US $37.77 Billion in 2022 is anticipated to reach a value of US $123.83 Billion in 2030, growing at CAGR of 16%.

A paper towel dispenser is predominantly used at home as well as at commercial places. It encourages users to adopt hygienic habits, control waste, and keep the premises clean.Dispensers are also ideal in a scenario of controlled budgets because they are designed to give out the right amount of paper towels needed to dry hands or clean a spill. Paper towels are easily accessible through a dispenser and provide a clean and safe environment.

What are the growth determinants of this market?
Automatic or touchless dispensers have witnessed a significant rise in demand. This can majorly be contributed to the growing trend of smart restroom technology.
Most households in developed economies are likely to adopt and opt for increasingly advanced hygienic services due to high disposable incomes.
Paper towel dispensers are majorly used in a wide range of end-users' segments such as hospitality, healthcare, commercial, residential, and government agencies.
These products play a vital role in maintaining the hygiene of highly touched surfaces. The market has undergone several changes in terms of quality standards and other crucial innovative advancements.

Key Trends of Global Fold Paper Towel Dispenser Market:
• Availability of large papers are minimizing contamination
Large center-pull towels having capacity to clean hands completely coming in which dispenses towels one-at-a-time helps to reduce waste and cross-contamination. The center-pull dispensing mechanism is ideal for high traffic restrooms. It can be mounted or hung sideways, upside down, and right side up to accommodate different spaces. Paper towel dispensers take very less space to be fixed and can be used in kitchens and for personal use as well. This is leading to high customer demand for paper towel dispensers globally.

• High usage at commercial places
The paper towel market is expanding in the hospitality sector which involves hotels and restaurants. Consumers want a clean and hassle free stay which is ensured by the use of paper towels. Paper towel dispensers offer a touchless solution and minimizes the risk of diseases such as Covid-19 and ensures a healthy stay at hotels and eating out at restaurants.

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Segmental Analysis of Global Fold Paper Towel Dispenser Market:

Based on Type
• Surface Mounted
• Counter Top

Based on Mechanism
• Manual
• Automatic
The automatic segment is poised to amass notable gains over the stipulated timeframe due to its ease of use.

Based on Material
• Stainless Steel
• Plastic
• Others (Alloys etc.)
The stainless steel segment is anticipated to generate high returns by 2030 owing to its eco-friendly nature.

Based on Price Range
• Low
• Medium
• High

Based on End-use
• Residential
• Commercial
• Hotels
• Restaurants & Cafes
• Hospitals & Nursing Homes
• Corporate Offices
• Public Transport Facilities
• Shopping Malls
• Others (Auditorium & Theaters etc.)

Based on Distribution Channel
• Online
• Company-owned Website
• E-commerce Websites
• Offline
• Specialty Stores
• Hypermarket or Supermarket
• Others

Geographical Analysis of Global Fold Paper Towel Dispenser Market:
The Global Paper Towel Dispenser Market is further segmented into five major countries- North America, Asia-pacific, Europe, Latin America, Middle East and Africa.
North America accounted for major share of the global paper towel dispenser market due to substantial manufacturing of eco-friendly paper towel dispensers, their highly durable and easy to clean properties, easy online availability, usage of high quality material such as steel, and a mechanism to prevent dust from going inside paper towel dispensers.

Competitive Landscape:
Kimberly-Clark Corporation, Bobrick Washroom Equipment, San Jamar, American Specialties, Palmer Fixture, Dolphin Solutions, Cascades, Jaquar,Kohler Co. and Euronics Industries Pvt. Ltd.
The rapidly changing technological scenario can adversely affect vendors as customers expect continual innovations and upgrades in the domain. With increasing innovations among players, the competition is likely to increase in various product segments.

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Frequently Asked Questions

• What is the growth rate projection for Global Fold Paper Towel Dispenser Market over the forecast period 2022-2030?
• Which regional segment accounts for the largest revenue in the Global Fold Paper Towel Dispenser Market?
• What are the key trends of Global Fold Paper Towel Dispenser Market?
• How many segments have been Global Fold Paper Towel Dispenser Market?
• What are the prime strategies of the leading market players in Global Fold Paper Towel Dispenser Market?

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We Market Research
Phone: +1(650)-666-4592
Email: sales@wemarketresearch.com
Web: https://wemarketresearch.com/

About We Market Research:
WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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