US$ 23.5 Billion Kitchen Towels Market Report 2023-2028 | Growth Rate (CAGR) of 6.31%
As
per the latest report by IMARC Group, titled “Kitchen Towel Market: Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2023-2028“,
the global kitchen towel market size reached US$ 16.1 Billion in 2022.
Looking forward, IMARC Group expects the market to reach US$ 23.5 Billion by
2028, exhibiting a growth rate (CAGR) of 6.31% during 2023-2028. Kitchen towels
are a multi-functional product employed for various purposes, such as drying
hands, keeping the kitchen spotless, and cleaning dishes, knives, cutting
boards, and other kitchen items. They are available in wide varieties in the
market, depending upon the taste and preferences of consumers. The main types
of kitchen towels are cloth-based and paper-based. Cloth-based kitchen towels
are made of terry, linen, and cotton cloth, whereas paper-based kitchen towels
are made of paper. Both are distributed through supermarkets and hypermarkets,
convenience stores, online stores, and others used by commercial and
residential users.
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Industry Demand:
The
global market is majorly driven by the increasing demand for personal care
products. This is attributed to rapid urbanization, inflating disposable
incomes of individuals, and changing lifestyles. In line with this, the
manufacturers are focusing on developing new products that are softer, more
absorbent, and reusable. This, in turn, is expected to significantly contribute
to the market growth. Furthermore, the emerging popularity of
environmentally-friendly and sustainable kitchen towels is creating a positive
outlook for the market. Apart from this, the rising product demand in
residential and commercial spaces, including hotels, restaurants, and cafes, is
positively influencing the market. Moreover, significant growth in the tourism
industry is anticipated to fuel product adoption as tourists prefer using these
products while visiting various tourist destinations worldwide. Additionally,
the escalating awareness about hygiene and shifting preference for cloth-based
or hand-woven products among consumers are providing a boost to the market.
Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/kitchen-towel-market
Competitive Landscape with Key players:
- Kimberly-Clark
Corporation
- Koch Industries, Inc.
- Procter and Gamble
Corporation
- Wausau Paper Corp.
(Tork US)
- Accrol Group Holdings
Plc
- Aldar Tissues Ltd.
- Renova FPA SA
- Rodriquez Pty. Ltd
- Towel Depot, Inc.
- WEPA Professional
GmbH
Breakup by Product Type:
- Cloth-Based
- Paper-Based
Breakup by End-Use Sector:
- Commercial
- Residential
Breakup by Distribution Channel:
- Supermarkets and
Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and
Africa
Key highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces
Analysis
- Market Drivers and
Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping
of the Competitive Landscape
Note:
If you need specific information that is not currently within the scope of the
report, we can provide it to you as a part of the customization.
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