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Wipes Market Size to Reach USD 5.83 Billion by 2027; Introduction of Chemical-free Wipes to Propel Growth, states Fortune Business Insights™

Written by Customer Service on . Posted in Mergers And Acquisitions.

Pune, July 20, 2020 (GLOBE NEWSWIRE) — The global wipes market size is expected to reach USD 5.83 billion by 2027, exhibiting a CAGR of 6.0% during the forecast period. The growing concerns regarding hygiene and sanitization during coronavirus pandemic will spur opportunities for the market during the forecast period, states Fortune Business Insights in a report, titled “Wipes Market Size, Share & Covid-19 Impact Analysis, By Application (Personal Care, Household, and Others), Types (Disposable and Non-disposable), Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, Online Channel, and Others), and Regional Forecast, 2020-2027” the market size stood at USD 3.66 billion in 2019.https://www.fortunebusinessinsights.com/wipes-market-103288
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Reliable conceptions of recent market trendsObtained data with superior analysisMarket DriversDetailed information about the key players in the marketMarket Driver:Product Innovation and Advancement to Back Market Growth  The increasing R&D investment by major companies for the development of cutting-edge sanitary products to cater to the need for efficient hygiene solutions will foster healthy growth of the market during the forecast period. Moreover, the focus on the integration of skin enhancement ingredients in wipes for nourishment and moisturization will subsequently propel the growth of the market in the forthcoming years.For instance, in October 2019, SKYN introduced ‘GET FRESH’ a refreshing and cleansing wipe that consists of provitamin B5 to give moisturization and soothing cleanse to the skin. The surge in the female population around the world will have a tremendous impact on the market in the forthcoming years. As per the data published by the International Labor Organization (ILO), as of 2018, nearly 47.8% of the global working population is female. Moreover, the increasing inclination towards personal health and care among consumers will consequently boost the growth of the market.Expanded Demand for Sanitary Products Amid Global PandemicThe rising demand or facial tissues, sanitizer wipes & toilet papers during coronavirus will accelerate the growth of the market. Moreover, the growing apprehensions regarding bacterial infections will fuel demand for the market in the forthcoming years. The increasing cases of coronavirus around the world will simultaneously increase the production of wipes, which in turn, will aid the expansion of the market. According to the World Health Organisation’s research data, by the end of April 2020, the US alone consists of 3, 33,811 number of COVID-19 infected people. In addition, the rising emphasis to maintain a germ-free environment during the coronavirus epidemic will promote the growth of the market during the forecast period.Regional Analysis:Improved Living Standard to Incite Development in North AmericaThe market size in North America stood at USD 865.2 million in 2019 and is expected to rise rapidly during the forecast period improved the living standard of people in the region. According to the report ‘World Urbanization Prospects The 2018 Revision’, published by the United Nations Department of Economic & Social Affairs, as of 2018, 82% of the US population accounted for 327 million people’s lives in urban areas in the United States.Key Development:July 2018: Hero Wipes, a leader and supplier of protective wipes announced that it has acquired Rescue Wipes which helped the company to grow the business in the infection control disinfectant wipe segment.
List of the Leading Companies Operating in the Wipes Market are:Kimberly-Clark Corporation (U.S.)NICE-PAK Inc. (U.S.)Edge well Personal Care (U.S.)Clorox Company (U.S.)Orchid Paper Products Company (U.S.)AbitibiBowater Inc. (Canada)Kruger Inc. (Canada)
Asian Pulp & Paper (Indonesia)
Svenska Cellulosa AB (Sweden)Hengan (China)CMPC Tissue SA (Chile)Sofidel Group (Italy)https://www.fortunebusinessinsights.com/checkout-page/103288
IntroductionResearch ScopeMarket SegHouseholdtationResearch MethodologyDefinitions and AssumptionsExecutive SummaryMarket DynamicsMarket DriversMarket RestraintsMarket OpportunitiesEmerging TrendsKey InsightsOverview of the Parent/Related MarketsIndustry SWOT AnalysisRegulatory AnalysisRecent Industry DevelopHouseholdts – Policies, Partnerships, New Product  Launches, and Mergers & AcquisitionsGlobal Wipes Market Analysis, Insights and Forecast, 2016-2027Key Findings / SummaryMarket Size Estimates and Forecast By Application (Value)Personal CareHouseholdIndustrialBy Type (Value)Disposable         Non-disposableBy Distribution Channel (Value)Supermarkets/HypermarketsConvenience StoresSpecialty StoresOnline ChannelsOthersBy Region (Value)North AmericaEuropeAsia PacificSouth AmericaMiddle East & AfricaTOC Continued…!!!

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Liquid Soap Market Size, Share & Industry Analysis, By Product Type (Bath & Body Soaps, Dish Wash Soaps, Laundry Soaps, and Others), Application (Household and Commercial), Distribution Channel, and Regional Forecast, 2020-2027
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