Global Sanitary Paper Product Market 2024 - Gauging Size, Sharing Insights on Price, Analyzing Growth, Offering In-Depth Analysis, and Providing an Outlook and Forecast Report Till 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Sanitary Paper Product Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The sanitary paper product market size has grown strongly in recent years. It will grow from $62.23 billion in 2023 to $66.99 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to growing health and hygiene awareness, population growth and urbanization, changing consumer lifestyles, economic development, environmental concerns and sustainability.

The sanitary paper product market size is expected to see strong growth in the next few years. It will grow to $88.71 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to product innovation and variety, e-commerce and online retail, global health events and preparedness, shift towards sustainable packaging, demographic shifts and aging population. Major trends in the forecast period include packaging efficiency and reduction of plastic, health and wellness messaging, global pandemic impact, regulatory compliance and safety standards, subscription models and convenience services.

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Key Market Players:

Major companies operating in the sanitary paper product market report are Johnson & Johnson Inc., The Procter & Gamble Company, Kimberly-Clark Corporation, Essity AB, Georgia-Pacific LLC, Oji Holdings Corporation, Hengan International Group Company Limited, ONTEX France SA, Vinda International Holdings Limited, Svenska Cellulosa Aktiebolaget SCA, Sofidel Group, Clearwater Paper Corporation, Cascades Tissue Group, Kruger Inc., C&S Paper Co. Ltd., Lucart Group, Sinar Mas, Metsä Group, Hoffmaster Group, Wausau Paper Corp., WEPA Hygieneprodukte GmbH, Seventh Generation Inc., Orchids Paper Products Company, Solaris Paper, First Management Limited, AHP Servicing LLC, Albany International Corporation, Gulf Paper Manufacturing Company, Little Rapids Corporation, Nova Tissue Company Ltd., Von Drehle Corporation, Hayat Holding, Irving Group Moncton

Market Drivers:

Awareness among people for hygiene and cleanliness is expected to drive the sanitary paper products market. There is an increase in awareness among people on hygiene and cleanliness because of the initiatives of government and other organizations along with an increase in income that has led to an increased spending on personal hygiene. For instance, in September 2022, according to a survey conducted by Citron Hygiene, a Canada-based provider of washroom hygiene services, pre-pandemic Previously, just 11% of people washed their hands for the required 18-20 seconds (the duration of the song Happy Birthday), but during the pandemic, that number increased to 25%. If initial impressions didn't inspire confidence in safeguarding patrons' personal hygiene post-pandemic, over 70% of diners have admitted to forgoing any dining experiences at restaurants, cafes, or bars. Since 67% of individuals feel the coronavirus epidemic has increased their fear of germs and awareness of hygiene, it's essential that organizations adopt the proper hygiene practices. Therefore, the increase in awareness on hygiene and cleanliness among people especially during the current COVID-19 pandemic is driving the growth of the sanitary paper product market.

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The sanitary paper product market covered in this report is segmented -

1) By Product: Tissues And Handkerchiefs, Table Napkins, Toilet Paper, Towels, Sanitary Napkins And Tampons, Disposable Diapers
2) By Application: Residential, Commercial

The report answers the following questions:

What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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