Press release
The Global Bath Towel Market, with a current market value of USD 5.48 Bn in 2022, is projected to surge at a CAGR of 6.7 Percent during the forecast period and reach USD 8.63 Bn by 2029.
Bath Towel Market Report Scope and Research Methodology:The comprehensive report offers a quantitative analysis of the current market drivers, restraints, trends, estimations, and opportunities to identify prevailing growth prospects during the forecast period. Utilizing PORTER's five forces analysis, it evaluates the dynamics between buyers and suppliers, aiding in strategic decision-making. The study provides in-depth market analysis and segmentation to determine the market's potential, making it an essential resource for stakeholders considering investment in the bath towel market.
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The report offers a comprehensive analysis based on past and current market scenarios, along with a forecasted market size. It encompasses key players, market leaders, followers, and new entrants. The research methodology aims to provide stakeholders with valuable insights for informed decision-making.
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What are Bath Towel Market Dynamics:
The bath towel market offers a wide range of options, with white being the most popular color. Cotton is the most commonly used material, with Egyptian cotton, Turkish cotton, and Pima cotton being the preferred luxury fabrics. These materials are known for their durability, breathability, and absorbency, providing an elegant and soft touch.
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India, known for its leading bath towel manufacturers, is home to Welspun India Limited, a dominant presence in the global market. Welspun, one of the top towel brands in India, manufactures every 5th towel in the U.S., offering a range of bath towels priced from USD 15 to USD 50. Their success contributes to the overall growth of the bath towel market.
Key players in the bath towel market include Welspun, Regal Towel Collection, Huaian Rainbow Towel Weaving Co., Ltd., Danica Studio, Iris Hantverk, Dunroven House, DMC, Gemini, Elsatex Ltd, Nine Space, and others. These manufacturers continuously introduce innovative features and designs to differentiate their products in the market.
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Bath Towel Market Regional Insights:
The Asia Pacific region leads the bath towel market, accounting for over 50% of global production. The region's growth is driven by increasing disposable income, growing urbanization, and the rising demand for luxury bath towels. The North American market is also expected to experience significant growth, with a CAGR of 6.56% during the forecast period, propelled by an influx of tourists, demand for sustainable bath towels, and the popularity of online shopping.
What is Bath Towel Market Segmentation:
By Material Use:
Bamboo Fiber
Cotton
Micro Fiber
Others
By Type:
Synthetic
Natural
By Sales Channel:
Offline
Online Stores
Purchase Report:https://www.maximizemarketresearch.com/market-report/bath-towel-market/195327/
Who are Bath Towel Market Key Players:
1. Welspun (Mumbai, India)
2. Trident Group (India)
3. 1888 Mills (USA)
4. Loftex (China)
5. Grace (Hong Kong)
6. WestPoint Home (USA)
7. SUNVIM (China)
8. Sanli (China)
9. Kingshore (China)
10. Springs Global (Brazil)
11. Avanti Linens (USA)
12. Uchino (Japan)
13. Canasin (China)
14. EverShine (China)
15. Venus Group (USA)
16. QiQi Textile (China)
17. Noman Group (Bangladesh)
18. Mtcline (China)
19. American Textile Systems (USA)
Table of content for the Bath Towel Market includes:
1. Global Bath Towel: Research Methodology
2. Global Bath Towel Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
1. Global Bath Towel Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
1. Global Bath Towel Market Segmentation
• Global Market, by Material Use (2022-2029)
• Global Market, by Type (2022-2029)
• Global Market, by Sales Channel (2022-2029)
1. Regional Bath Towel Market (2022-2029)
• Regional Market, by Material Use (2022-2029)
• Regional Market, by Type (2022-2029)
• Regional Market, by Sales Channel (2022-2029)
• Regional Market, by Country (2022-2029)
1. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Material Use, Type and Sales Channel
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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