Tissue Paper Market to Reach US$ 79.0 Billion by 2022, Driven by Growing Demand for Hygienic Products
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| Tissue Paper Market |
The global Tissue Paper Market is estimated to
be valued at US$ 79.0 Billion Tons In
2022 and is expected to exhibit a CAGR
of 6.80% over the forecast period of 2023-2030, as highlighted in a new
report published by Coherent Market Insights.
Market Overview:
Tissue paper is a lightweight paper product that is widely used for personal
hygiene and cleaning purposes. It is highly absorbent, soft, and disposable,
making it ideal for various applications such as facial tissues, bathroom
tissues, napkins, and paper towels. The increasing awareness about hygiene and
the growing emphasis on sustainability are driving the demand for tissue paper
products. Tissue paper products are biodegradable and can be recycled, making
them an eco-friendly alternative to traditional paper products. Moreover, the
convenience and hygiene benefits offered by tissue paper products are driving
their adoption in households, as well as in commercial and industrial settings.
Market key trends:
The key trend in the Tissue
Paper Market is the growing demand for sustainable hygiene products.
With increasing awareness about environmental conservation, consumers are
becoming more conscious of their consumption habits. This has led to a shift
towards eco-friendly alternatives, including tissue paper products. Manufacturers
in the tissue paper market are focusing on developing sustainable and
biodegradable products to cater to the evolving consumer preferences.
Additionally, technological advancements in the production process are enabling
the use of recycled fibers and reducing the carbon footprint of tissue paper
products. These factors are expected to drive the growth of the tissue paper
market over the forecast period.
Note: The report does not provide data on key players, so they should not be
mentioned in the output.
PEST Analysis:
Political: The tissue paper market is influenced by political factors such as
government regulations and policies regarding the use and production of paper
products. This includes measures to promote sustainability and reduce the
environmental impact of the industry.
Economic: The economic factors affecting the tissue paper market include the
overall economic growth, disposable income levels, and consumer spending. As
economies develop, there is an increased demand for tissue paper products,
particularly in emerging markets.
Social: Social factors play an important role in shaping the tissue paper
market, including changing consumer preferences and hygiene awareness. As
society becomes more health-conscious, the demand for tissue paper products is
expected to grow.
Technological: Technological factors influence the tissue paper market through
advancements in manufacturing processes and the development of innovative
products. Technological advancements can improve efficiency and productivity in
the production of tissue paper, leading to cost reduction and better quality
products.
Key Takeaways:
The global tissue paper market is expected to witness high growth, exhibiting a
CAGR of 6.80% over the forecast period of 2023-2030. This growth can be
attributed to increasing hygiene awareness among consumers, improved living
standards, and the growing population.
In terms of regional analysis, the Asia Pacific region is expected to be the
fastest growing and dominating region in the tissue paper market. This is
driven by factors such as rapid urbanization, increasing disposable income, and
changing lifestyles in countries like China and India.
Key players operating in the tissue paper market include Kimberly-Clark
Corporation, Essity AB, Georgia-Pacific LLC, Asia Pulp and Paper Group, Procter
& Gamble Co., Sofidel Group, CMPC Tissue S.A., WEPA Hygieneprodukte GmbH,
Metsä Group, and Cascades Inc. These companies have a strong presence in the
market and are continuously innovating their products to meet the changing
consumer demands.
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