Press release
Global Kitchen Towel Market: Rapid Growth, Major Trends, and Forecasts for 2024-2029
Global Kitchen Towel Market
What Is The Projected Market Size Of The Global Kitchen Towel Market And Its Growth Rate?
The global kitchen towel market displays robust growth, driven by factors such as household hygiene practices, urbanization, and consumer lifestyle changes.
• Market size in 2024: $2.49 billion
• Projected growth in 2025: $2.63 billion (5.8% CAGR)
• Expected market size in 2029: $3.23 billion (5.2% CAGR)
The future growth can be attributed to increased focus on sustainability, innovation, expansion of high-end segments, and rising health and hygiene concerns.
What Is Driving The Growth In The Kitchen Towel Market?
Booming demand for quality home and personal care products spurred by the lifestyle needs of the burgeoning urban population is driving growth in the kitchen towel market. The World Health Organization reports that the global urban population grew by 1.84% in 2021, and is forecast to grow by 1.63% per year from 2021 to 2025, and 1.44% annually between 2025 and 2030. This urban growth, along with rising disposable income, is fuelling demand for personal care products like kitchen towels. Furthermore, market penetration in emerging economies is on the rise due to globalisation and Westernisation influences.
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Who Are the Key Players Driving Kitchen Towel Market Growth?
Several major companies spearhead the growth in the kitchen towel market:
• Nova Tissue Ltd.
• Procter & Gamble Co.
• Kimberly-Clark Corporation
• Essity AB
• WEPA Professional GmbH
• Oji Holdings Corporation
• Resolute Forest Products Inc.
• Hengan International Group Company Limited
• Sofidel Group SPA
• Clearwater Paper Corporation
What Are The Key Trends In The Kitchen Towel Market?
Key trends in the kitchen towel market include:
• Emphasis on quick-drying characteristics
• Integration of smart and functional features
• Growth of online retail channels
• Increasing customization and personalization
• Adherence to health and safety standards
What Are The Segments Of The Global Kitchen Towel Market?
The global kitchen towel market can be segmented as follows:
1) By product: Cloth-Based, Paper-Based
2) By distribution channel: Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Other Distribution Channels
3) By end-use sector: Commercial, Residential
Which Region Leads The Kitchen Towel Market?
Asia-Pacific was the largest region in the kitchen towel market in 2024, followed by North America. The regions covered in the kitchen towel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Kitchen Towel Market Global Market Report?
- Market Size Analysis: Analyze the Kitchen Towel Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Kitchen Towel Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Kitchen Towel Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Kitchen Towel Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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