Hand Towel Market Report: Industry Analysis, Trends, Production, Revenue, Growth And Forecast To 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Hand Towel Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $4.32 billion In 2028 At A CAGR Of 6.0% :

The hand towel market size has grown strongly in recent years. It will grow from $3.22 billion in 2023 to $3.42 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to sanitation awareness, hospitality sector growth, household necessity, industrial and commercial demand, eco-friendly initiatives.

The hand towel market size is expected to see strong growth in the next few years. It will grow to $4.32 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to customization and personalization, innovation in material science, rising health and hygiene concerns, online retail and e-commerce, changing consumer lifestyles. Major trends in the forecast period include smart textiles and iot integration, sustainable and biodegradable materials, designer and fashionable towels, anti-microbial and anti-viral properties, subscription services.

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Hand Towel Market Major Segments
The hand towel market covered in this report is segmented -

1) By Product Type: Rolled Paper Towels, Boxed Paper Towels, Multifold Paper Towel
2) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Speciality Stores, Online Channels, Other Distribution Channels
3) By Application: Residential, Commercial

Key Driver - Heightened Hygiene Awareness Spurs Growth In The Hand Towel Market

The increasing awareness about hygiene in countries across the world is a key factor driving the growth of the hand towel market. Hygiene and sanitation are essential for preventing and controlling the spread of many dangerous human diseases, including cholera, diarrhea, ebola and recent coronavirus. Regular hand-washing with soap is one of the most effective ways of avoiding or reducing COVID-19 spread without a vaccine or cure. According to a recent poll in 2021 among French people, French citizens might be at high risk for viral infections in the form of coronavirus (COVID-19) due to a lack of good hygiene practices. Therefore, the increasing awareness about hygiene across the countries is expected to drive the growth of the hand towel market.

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Prominent Trend - Growth In Demand For Environmentally-Friendly Paper Towels With Sustainable Ingredients

The manufacturers of forest-friendly paper towels are gaining traction. Forest-friendly paper towels are those that are manufactured without cutting down forests. These papers are made from a mixture of bamboo and sugarcane. For instance, Who Gives a paper towel manufacturer specializing in environmentally friendly, zero-waste, safe, and plastic-free household products, manufactures environmentally friendly paper kitchen towels that are made of tree-free products and give value for money. They are super durable 2-ply towels that can clean up very well.

Hand Towel Market Players
Major companies operating in the hand towel market include Kimberly-Clark Corporation, The Procter & Gamble Company, Svenska Cellulosa Aktiebolaget SCA, Hengan International Group Company Limited, Vinda International Holdings Limited, Asaleo Care Limited, Sofidel S.p.A., Georgia-Pacific LLC, WEPA Group, Metsä Tissue Corporation, CMPC Tissue S.A., KP Tissue Inc., Cascades Inc., Asia Pulp & Paper Group (APP), Towel Depot Inc., Springs Global US Inc., 1888 Mills LLC, J.R. United Industries Inc., Sunvim Group Co. Ltd., Aldar Tissues, EverShine Textile Co. Ltd., Wausau Paper Corp., Nine Space LLC, Santens NV, Towel Manufacturer USA, GM Exports, Dunroven House Inc., QIANXIANG Textile Co. Ltd., Behrens Group, WHR GmbH, Laguna Beach Textile Company, Dock and Bay Ltd., Koch Industries Inc., Covenant Tex Co. Ltd., Trident Limited, Vardhman Textiles Limited

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the hand towel market in 2023. North America was the second largest region in the hand towel market. The regions covered in the hand towel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Hand Towel Market Report Structure
3. Hand Towel Market Trends And Strategies
4. Hand Towel Market - Macro Economic Scenario
5. Hand Towel Market Size And Growth
…..
27. Hand Towel Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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