Press release
Kitchen Towel Market on Track for Strong Growth, Estimated to Grow at 5.2% CAGR Through 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Kitchen Towel Market Size By 2025?
The expansion of the kitchen towel market size has been robust over the past few years. It's projected to increase from $2.49 billion in 2024 to $2.63 billion in 2025, boasting a compound annual growth rate (CAGR) of 5.8%. This historic growth trend can be traced back to factors such as enhanced home hygiene habits, population increase and city development, alterations in consumer lifestyles, the increase of single-person homes, and a heightened consciousness of health and safety issues.
How Big Is the Kitchen Towel Market Size Expected to Grow by 2029?
Expectations are high for considerable growth in the kitchen towel market's size in the coming years. It is projected to expand to a value of $3.23 billion by 2029, growing at a compound annual rate (CAGR) of 5.2%. Factors contributing to this anticipated growth during the forecast period include heightened attention toward sustainability, groundbreaking material and design innovations, developing premium and specialty segments, the rise of e-commerce, and increased focus on health and hygiene. Some distinct trends anticipated during this period emphasize the need for quick-drying features, the incorporation of intelligent and practical functions, the expansion of online retail platforms, customization and personalization options, and adherence to health and safety standards.
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Which Key Market Drivers Powering Kitchen Towel Market Expansion and Growth?
The escalating lifestyle requirements of the burgeoning urban populace have led to an increased demand for premium home and personal care items, boosting the kitchen towels market. As per the WHO's records, the worldwide urban population saw an increase of 1.84% in 2021 and it is projected to surge 1.63% annually from 2021 to 2025, and 1.44% annually from 2025 to 2030. Amplified urban population along with rising disposable income is accelerating the demand for personal care items such as kitchen towels. Furthermore, these products' integration into developing markets is rising due to the influence of westernization and globalization.
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Which Fast-Growing Trends Are Poised to Disrupt the Kitchen Towel Market?
A primary inhibitor of market growth is the rise in raw material prices. Cellulose fiber, utilized by numerous manufacturers in producing paper-based towels, either as kraft pulp or fiber recycled from discarded waste paper, is subject to market forces including the demand and supply of raw materials. These dynamics, along with energy and transportation costs, significantly influence the final pricing. For example, the US Producer Price Index for Wood pulp stood at 264.30 in September 2022, a noticeable increase from 252.13 in the preceding month and 210.93 from the same period in the previous year. This translates to a monthly change of 25.30% and an annual change of 4.83%. These factors hold potential in limiting the expansion of the kitchen towels market.
What Are the Emerging Segments in the Kitchen Towel Market?
The kitchen towel market covered in this report is segmented -
1) By Product: Cloth-Based, Paper-Based
2) By Distribution Channel: Super markets And Hyper markets, Convenience Stores, Online Stores, Other Distribution Channels
3) By End-Use Sector: Commercial, Residential
Subsegments:
1) By Cloth-Based: Cotton Kitchen Towels, Linen Kitchen Towels, Microfiber Kitchen Towels, Terry Cloth Kitchen Towels
2) By Paper-Based: Disposable Paper Towels, Reusable Paper Towels, Bulk Roll Paper Towels
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Who Are the Global Leaders in the Kitchen Towel Market?
Major companies operating in the kitchen towel market include 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, Svenska Cellulosa AB, Metsä Tissue Group, Kruger Inc., Wausau Paper Corp., Accrol Group Holdings plc, Marcal Manufacturing LLC, MPI Papermills Inc., Renova - Fábrica de Papel do Almonda SA, Soundview Paper Company, Mercury Paper Inc., ABC Tissue Products Pty Ltd., National Paper Products Company, Towel Depot Inc., Cascades Inc., Aldar Tissues Ltd., Towel & Linen Mills Ltd.
Which are the Top Profitable Regional Markets for the Kitchen Towel Industry?
Asia-Pacific was the largest region in the kitchen towel market in 2024. North America was the second largest region in the global kitchen towel market share. The regions covered in the kitchen towel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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