Press release
Wipes Market to Reach USD 68.08 Bn. by 2030: Stellar Market Research
Wipes Market was valued at USD 51.74 Bn. in 2023 and the market size is estimated USD 68.08 Bn. for 2030 to grow at a CAGR of 4 percent as per Stellar Market Research. The report is a combination of primary data and secondary data and field experts have examined the Wipes Market.To access more details regarding this research, visit the following webpage:https://www.stellarmr.com/report/Wipes-Market/295
Wipes Market Overview:
The wipes market includes products designed for cleaning and maintaining hygiene, available in both woven and non-woven materials. Wipes refer to the material which is utilized for cleaning off dirt or liquid by dabbing or scrubbing. They come in woven and non-woven materials. They are used for maintaining cleanliness in the surroundings. They are extensively used for household as well as industrial applications. It spans various applications such as personal care, baby care, and industrial uses.
What are the Wipes Market Dynamics?
The market is driven by convenience, hygiene needs, and rising disposable incomes, particularly among women. Increased demand for eco-friendly and biodegradable wipes is also boosting growth. However, competition from alternative cleaning products and challenges in raw material supply are notable restraints.
Market Regional Insights: North America dominated the wipes market with a CAGR of 36.4 % share in 2023. People's changing lifestyles, growth in the number of working women, rising internet retailing tendencies, and rising disposable income are the primary reasons driving this regional industry. Asia Pacific is expected to grow at a CAGR of 3.5 % through the forecast period. The rising demand in the region can be attributable to a number of factors, including fast urbanization and a growing preference in nations like China, India, and South Korea for products that are convenient, save time, and deliver the same cleaning impact.
For in-depth information on this study, visit the following link:https://www.stellarmr.com/report/req_sample/Wipes-Market/295
Wipes Market Segmentation:
By Product
Baby Wipes
Facial & Cosmetic Wipes
Hand & Body Wipes
Flushable Wipes
Others
By Distribution Channel
Supermarkets
Convenience Stores
Pharmacy
E-commerce
Others
Some of the current players in the Wipes Market are:
Rockline Industries, Inc.
Diamond Wipes International, Inc.
Procter and Gamble Co.
Kimberly Clark Corporation
Nice-Pak International Ltd.
Meridian Industries Inc.
Unilever Group
To Learn More About This Study, Please Click Here:https://www.stellarmr.com/report/req_sample/Wipes-Market/295
Key questions answered in the Wipes Market are:
What segments are covered in the Wipes Market report?
Which region is expected to hold the highest share in the Wipes Market?
What is the market size of the Wipes Market by 2030?
What is the forecast period for the Wipes Market?
What was the market size of the Wipes Market in 2023?
Key Offerings:
Past Market Size and Competitive Landscape
Wipes Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Wipes Market Segmentation - A detailed analysis by Product
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
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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