Global Tissue Paper Market to Reach USD 119.25 Billion by 2029

31-01-2024: Market Projection:

The Tissue Paper Market is set to achieve a valuation of USD 119.25 billion by 2029, exhibiting a substantial Compound Annual Growth Rate (CAGR) of 6.15% during the forecast period. This growth is primarily attributed to the flourishing commercial application segment, reflecting an upward trajectory from USD 6.15 billion in 2022.

Market Overview:

In 2022, the Tissue Paper market marked a valuation of USD 6.15 billion, with an anticipated surge to USD 119.25 billion by 2029. The sector predominantly revolves around the production of pulp-based sanitary products, driven by an increased emphasis on personal care sanitation. Manufacturers are actively diversifying their product offerings, producing a range of colored and uniquely shaped supermarket items to enhance consumer appeal. The adoption of advanced equipment and machinery in manufacturing processes contributes to heightened efficiency and overall market expansion.

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Dynamics Driving Market Growth:

Surging Demand for Sanitation and Personal Care:

The rising global demand for sanitary items and personal care products to uphold cleanliness and hygiene is a key driver. As healthcare spending increases worldwide, the use of personal care products is on the rise, propelling market growth. The expanding demand for toilet and bathroom accessories, including cotton towels, is fueled by the growth of residential and hotel infrastructure. Disposable sanitary products are witnessing increased sales due to the growing number of nuclear families and high urbanization rates.
The popularity of parties and celebrations contributes to the demand for makeup kits and, consequently, hygienic sheets for makeup removal. Additionally, the growing number of bars and cafes boosts the need for beverage napkins and hygiene products. The restaurant sector, with sales surpassing USD 899 billion in the United States in 2022, further drives market demand.
Focus on Product Innovation:

Corporations are actively incorporating innovative designs into napkins and sanitary products. Emphasis is placed on enhancing product softness and absorption capabilities while addressing skin irritation concerns. For instance, Bunzl R3 introduced a comprehensive line of multi-foldable towels, napkins, and other products to offer high-quality sanitary items to customers.
Growing Environmental Perceptions:

Environmental concerns, such as global warming and deforestation resulting from tree cutting for pulp-based products, pose challenges to market growth. The abundance of locally organized and disorganized tissue product manufacturers impacts significant corporations. Supply chain disruptions and trade impediments imposed by various countries also hinder the expansion of businesses into international markets.

Tissue Paper Market Regional Insights

The Tissue Paper market study includes company profiles from various regions, as well as information on their business strategies and statistics. The regions are North America, Europe, Asia Pacific, Middle East and Africa and South America.

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Tissue Paper Market Segmentation

During the projected period, the Tissue Paper market is dominated by an early-loss sector based on end-of-life. This rise is ascribed to improper mounting structure and solar system installation, as well as midlife problems brought on by the deterioration of the glass's anti-reflective coating.

Product Type:

The tissue paper market is segmented into Facial Tissue, Paper Towel, Wipes, Bath & Toilet Tissue, Wrapping Tissues, and Specialty Wipes. The Bath & Toilet segment dominated the market in 2022, driven by substantial usage of cotton towels and napkins for bathroom sanitation.

Application:

The market is segmented into Commercial and Household applications. The commercial segment is expected to hold the majority of the market share during the forecast period, driven by widespread tissue usage in hotels and restaurants for foodservice and table cleaning.

by Distribution Channel
Supermarkets and Hypermarkets
Convenience Stores
Online Store

Tissue Paper Market Key Players

1. Svenska Cellulose AB
2. WEPA Group
3. Unicharm Corporation
4. The Procter & Gamble Company
5. CMPC Tissue SA
6. Hengan Group
7. Sofidel Group
8. Kimberley-Clark
9. Cascades Tissue Group
10. Kruger Inc.
11. Asian Pulp & Paper
12. Essity AB
13. Georgia Pacific LLC
14. Von Drehle Corporation
15. First Quality Tissue LLC

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Key questions answered in the Automotive Relay Market are:

What is the expected CAGR of the Tissue Paper market during the forecast period?
What are the global trends in the Tissue Paper Market?
What are the factors driving the Tissue Paper market growth?
What are the major challenges that the Tissue Paper Market could face in the future?
How is the intervention from regulatory authority shaping the Tissue Paper Market?
What growth strategies are the players considering to increase their presence in Tissue Paper Market?
Who held the largest market share in Tissue Paper Market?

Key Offerings:

Market Share and Size
Market Forecast by Revenue | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation - A detailed analysis of segments and sub-segments
Competitive Landscape - Top Key Vendors and Other Prominent Vendors

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