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2023 Kitchen Towel Global Market Analysis And Forecast 2032 | Technologies, Demand, Growth, Research And Players Kimberly-Clark Corporation, Koch Industries Inc., Procter & Gamble Corporation, WEPA Professional GmbH, Svenska Cellulosa
Kitchen Towel Market
As per the Kitchen Towel market report by The Business Research Company, due to the growing lifestyle needs of the rising urban population, demand for high-quality home and personal care products has grown exponentially, thus driving the kitchen towels market. According to WHO, the global urban population grew by 1.84% in 2021 and is expected to grow by 1.63% per year between 2021 and 2025, and 1.44% per year between 2025 and 2030. A rising urban population coupled with increasing disposable incomes is catalyzing the demand for personal care products such as kitchen towels. Moreover, their penetration in emerging markets is also increasing as a result of westernization and globalization.
The global kitchen towel market size will grow from $2.43 billion in 2022 to $2.55 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global kitchen towel market size is expected to grow to $3.01 billion in 2027 at a CAGR of 4.2%.
Read More On The Kitchen Towel Market Report Here:
https://www.thebusinessresearchcompany.com/report/kitchen-towel-global-market-report
Major competitors in the Kitchen Towel market include Kimberly-Clark Corporation, Koch Industries Inc., Procter & Gamble Corporation, WEPA Professional GmbH, Svenska Cellulosa Aktiebolaget, Wausau Paper Corp. (Tork US), Accrol Group Holdings PLC, Aldar Tissues, Rodriquez Pty, and Towel Depot.
The Kitchen Towel market is segmented -
• By Type: By Product: Cloth-Based, Paper-Based
• By End-Use Sector: Commercial, Residential
• By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Stores, Other Distribution Channel
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Kitchen Towel market.
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The kitchen towel refers to a multi-functional product that is employed for a wide range of purposes, such as drying hands, keeping the kitchen spotless, and cleaning dishes, knives, cutting boards, and other kitchen items. Kitchen towels are ideal for drying dishes and other kitchen objects because of their great absorbency and softness.
The Table Of Content For The Kitchen Towel Market Include:
1. Executive Summary
2. Kitchen Towel Market Characteristics
3. Kitchen Towel Market Trends And Strategies
4. Kitchen Towel Market - Macro Economic Scenario
5. Kitchen Towel Market Size And Growth
……….
28. Key Mergers And Acquisitions In The Kitchen Towel Market
29. Kitchen Towel Market Future Outlook and Potential Analysis
30. Appendix
The "Global Kitchen Towel Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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