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Classified in: Ebola virus, Covid-19 virus
Subject: MRR

Toilet Paper Market to grow by USD 10.53 Bn, Adoption of Sustainable Manufacturing by Vendors to be a Key Trend - Technavio


The toilet paper market offers comprehensive analysis by Distribution Channel (Offline and Online) and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

NEW YORK, Nov. 2, 2022 /PRNewswire/ -- The adoption of sustainable manufacturing by vendors is a toilet paper market trend that is expected to have a positive impact in the coming years. Vendors are adopting sustainable manufacturing processes, including procurement of wood from sustainable forestry. The growing concerns regarding the level of sustainable business operations are compelling vendors of toilet paper to adopt sustainable manufacturing processes. The adoption of sustainable manufacturing by vendors ensures consumers that the products are manufactured using eco-friendly methods. This will increase the adoption of toilet paper among consumers, which, in turn, will drive the growth of the global toilet paper market.

The toilet paper market size is expected to grow by USD 10.53 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 5.36% during the forecast period.

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Toilet Paper Market: Market Segmentation

By distribution channel, the offline segment will be a significant contributor to market growth during the forecast period. The toilet paper market share growth by the offline segment will be significant during the forecast period. Hypermarkets and supermarkets offer a variety of brands and stock-keeping units (SKUs) at competitive prices. Convenience, SKUs, and brand variety are some factors considered while purchasing products from hypermarkets, supermarkets, convenience stores, and clubhouse stores. The availability of all products at a single store is the major factor considered by consumers for buying products such as toilet paper.

By geography, 30% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for toilet paper in APAC. North America is another region showing major market growth. The launch of products, the increasing use of online platforms to purchase household hygiene products, such as toilet paper, by end-users, and augmenting awareness about the availability and the increasing adoption of toilet paper will facilitate the toilet paper market growth in APAC over the forecast period.

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Toilet Paper Market: Major Growth Drivers

One of the key factors driving growth in the toilet paper market is the growing concerns about health and hygiene. In recent times, emerging economies such as those in APAC have been experiencing a change in purchasing behavior and habits of consumers. The higher discretionary income, the high brand penetration and the availability of a wide range of products on online portals are influencing the purchasing behavior of consumers nowadays. Factors such as the increasing population and growing awareness about hygiene in developing countries will positively impact the global toilet paper market. The pandemic led to an increase in the demand for health and hygiene products, which positively impacted the market during 2020-2021.

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Toilet Paper Market: Key Vendor Offerings

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Toilet Paper Market: Reasons to Buy Toilet Paper Market Report

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Toilet Paper Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.36%

Market growth 2022-2026

USD 10.53 billion

Market structure

Fragmented

YoY growth (%)

3.92

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 30%

Key consumer countries

US, Canada, China, Japan, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Asia Pulp and Paper Sinar Mas., Caprice Paper Products Pty Ltd., Cascades Inc., Clearwater Paper Corp., CMPC SA, Essity Aktiebolag, Hengan International Group Co. Ltd., Kimberly Clark Corp., Koch Industries Inc., Kruger Inc., Matera Paper Co. Inc., Naturelle Consumer Products LTD, Orchids, Seventh Generation Inc., SOFIDEL S.P.A. AND SOFFASS S.P.A. DPO, Traidcraft, Unilever PLC, Velvet CARE sp. z o.o., WEPA Hygieneprodukte GmbH, and The Procter and Gamble Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Distribution Channel

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio


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