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Press release content from Business Wire. The AP news staff was not involved in its creation.

Hand Towel Global Market Report 2021: COVID-19 Impact and Recovery to 2030 - ResearchAndMarkets.com

August 23, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Aug 23, 2021--

The “Hand Towel Global Market Report 2021: COVID-19 Impact and Recovery to 2030” report has been added to ResearchAndMarkets.com’s offering.

The global hand towel market is expected to grow from $3.43 billion in 2020 to $3.61 billion in 2021 at a compound annual growth rate (CAGR) of 5.2%. The market is expected to reach $4.44 billion in 2025 at a CAGR of 5%.

Major players in the hand towel market are Kimberly-Clark, Procter & Gamble, SCA, Hengan, Vinda, Asaleo Care, Sofidel, Georgia-Pacific, WEPA and Metsa Tissue.

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The hand towel market consists of sales of hand towel, which is a rectangular piece of absorbent paper made from tissue paper instead of cloth. Paper towels soak up water because they are loosely woven which enables water to travel between them, even against gravity (capillary effect). Paper towels can be individually packed (as stacks of folded towels or held coiled) or come in rolls. Paper towels have similar purposes to conventional towels, such as drying hands, wiping the hands or face, wiping windows, dusting, and cleaning up spills.

The increasing awareness about hygiene in countries across the world is a key factor driving the growth of the hand towels market. Hygiene and sanitation are essential for preventing and controlling the spread of many dangerous human diseases including cholera, diarrhoea, Ebola and recent Coronavirus. Regular hand-washing with soap is one of the most effective ways of avoiding or reducing COVID-19 spread without vaccine or cure.

According to a recent poll in 2020 among French people, French citizens might be at high risk for viral infections in the form of coronavirus (Covid-19) due to a lack of good hygiene practices. Therefore, the increasing awareness about hygiene across the countries is expected to drive the growth of the hand towels market.

The commercial places such as hotels, restaurants and workplaces are replacing hand towels with hand dryers, restraining the growth of hand towels market. The growing environmental concern to save trees led to adoption of hand dryers as hand towels require enormous amount of pulp from the trees to manufacture hand towels.Hand dryers are a big threat to hand towels market and this can impact the market growth of hand towels during the forecast period.

The hand towel market covered in this report is segmented by product type into rolled paper towels, boxed paper towels, multifold paper towel and by application into residential, commercial.

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The manufactures of forest-friendly paper towels are gaining traction. Forest-friendly paper towels are those that are manufactured without the cutting down of forests. These papers are made from a mixture of bamboo and sugarcane.

Key Topics Covered:

1. Executive Summary

2. Hand Towels Market Characteristics

3. Hand Towels Market Trends and Strategies

4. Impact of COVID-19 on Hand Towels

5. Hand Towels Market Size and Growth

5.1. Global Hand Towels Historic Market, 2015-2020, $ Billion

5.1.1. Drivers of the Market

5.1.2. Restraints on the Market

5.2. Global Hand Towels Forecast Market, 2020-2025F, 2030F, $ Billion

5.2.1. Drivers of the Market

5.2.2. Restraints on the Market

6. Hand Towels Market Segmentation

6.1. Global Hand Towels Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Rolled Paper Towels
  • Boxed Paper Towels
  • Multifold Paper Towel

6.2. Global Hand Towels Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Residential
  • Commercial

6.3. Global Hand Towels Market, Segmentation by Distribution Channel, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online Channels
  • Others

7. Hand Towels Market Regional and Country Analysis

7.1. Global Hand Towels Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

7.2. Global Hand Towels Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

Companies Mentioned

  • Kimberly-Clark
  • Procter & Gamble
  • SCA
  • Hengan
  • Vinda
  • Asaleo Care
  • Sofidel
  • Georgia-Pacific
  • WEPA
  • Metsa Tissue
  • CMPC Tissue
  • KP Tissue
  • Cascades
  • APP

For more information about this report visit https://www.researchandmarkets.com/r/as04yw

View source version on businesswire.com:https://www.businesswire.com/news/home/20210823005322/en/

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KEYWORD:

INDUSTRY KEYWORD: RETAIL HOME GOODS

SOURCE: Research and Markets

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PUB: 08/23/2021 07:30 AM/DISC: 08/23/2021 07:32 AM

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