Press release
Global Wipes Market: Booming at 7.7% CAGR to Reach $33.87 billion by 2029, Driven by Growing Demand for Specialty Wipes and Emerging Trends
Wipes Market
What Is The Projected Market Size Of The Global Wipes Market And Its Growth Rate?
Based on recent market research, the global wipes market has been expanding rigorously in recent years due to various factors.
•Market Size 2024: $22.65 billion
•Market Size 2025: $24.39 billion (CAGR: 7.7%)
Factors attributing to this growth include strong economics in emerging markets, rising demand for specialty and wet wipes, and increased disposable incomes.
•Forecasted Market Size 2029: $33.87 billion (CAGR: 8.6%)
Forecast growth is being driven by increased hygiene awareness and the adoption of wipes in healthcare, cleanroom, and industrial sectors.
What Is Driving The Growth In The Wipes Market?
The surge in demand for specialty wipes and wet wipes is fuelling the growth of the global wipes market. Specialty wipes are useful across various sectors including aerospace and household, while wet wipes offer convenient solutions for hygiene, skincare, and cleansing. Wet wipes are especially beneficial for baby care due to their gentle nature. Additionally, manufacturers are capitalizing on this demand by offering innovative products such as mosquito repellent wet tissues. Further, brand diversification is evidenced by the availability of pet-focused wet wipes. All these factors are anticipated to spur the growth of the wipes market.
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Who Are the Key Players Driving Wipes Market Growth?
The wipes market has been dominated by numerous key players such as:
•Kimberly Clark Corporation
•Essity AB
•Procter and Gamble Co.
•Reckitt Benckiser Group plc
•Unicharm International, and others.
What Are The Key Trends In The Wipes Market?
The future of the wipes market is anticipated to be influenced by several major trends such as:
•The use of eco-friendly raw materials to develop biodegradable wipes
•Investment in reusable wipes for sustainability
•Development of multi-surface and disinfecting wipes
•Invention of toxin-free baby wipes
•Creation of portable anti-bacterial wipes
•Industry mergers and acquisitions for market expansion.
What Are The Segments Of The Global Wipes Market?
The global wipes market can be segmented into the following divisions:
•By Type: Disposable wipes, Non-Disposable Wipes
•By Product: Baby, Facial & Cosmetic, Hand & Body, Flushable, Other Products
•By Application: Household Sector, Industrial Sector, Other Applications
Which Region Leads The Wipes Market?
In 2024, Asia-Pacific held the largest market share in the global wipes market followed closely by North America. The report also comprehensively covers other major regions including Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Wipes Market Global Market Report?
The report provides an exhaustive insight into the Wipes Market, including market size analysis, identification of subsegments, key player focus, growth trends analysis, market contribution, identification of growth drivers and industry challenges, and analysis of competitive developments.
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