Tissue Paper Market Size, Share & and Regional Forecast, 2018-2026 with CAGR of 3.6%

Tissue Paper Market


Tissue Paper is widely used in sanitation and hygiene. People are becoming more aware of personal hygiene and sanitation, so pulp-based sanitary goods are becoming more popular. Nowadays, major manufacturers such as CPMC, UPM Corporation, and others focus on producing grocery items in a variety of colours and shapes in order to entice consumers to purchase such items. Furthermore, they sell bulk quantities of paper towel products to a variety of distribution outlets, including hypermarkets/supermarkets, retail stores, and convenience stores, among others, to help generate revenue from these segments. These factors are propelling the market forward.

People are increasingly using tissue paper products to keep their surroundings clean and sanitary and to avoid coronavirus infection. Furthermore, to avoid a shortage of essential daily items during COVID-19 lockdown restrictions, they prefer stocking up on toilet paper, wipes, and other grocery items. As a result of this factor, the global population's demand for facial wrappers and wipes has increased significantly during the pandemic. According to the data presented by the Department of Statistics, Federal Government of Canada, by the week ending 14th March 2020, sales of facial tissues in Canada were increased by 250%. However, the closure of paper product manufacturing sites due to COVID-19-related lockdown restrictions has impacted the global supply rate of such products.

The Global Tissue Paper Market Was Pegged At 36.70 Million Tons In 2017 And Is Expected To Exhibit A CAGR Of 3.6% In Terms Of Volume Over The Forecast Period (2019 – 2027), And Expected To Reach 50.51 Million Tons By 2027.

To reduce environmental degradation caused by plastic-based products, companies have recently developed sanitary paper products made from sustainably sourced materials such as wood fibre, recycled paper pulp, and others. The efforts of these companies will provide newer market growth opportunities. Cascades Inc., for example, introduced a new line of recycled fibre paper towels, toilet paper, and facial wrappers in April 2019. Recent tissue paper market trends are expected to contribute to overall product demand.

Furthermore, the introduction of wipes and paper towels containing natural ingredients such as aloe vera, almond oils, and others by the companies will open up new avenues for industry growth. Furthermore, government regulations governing sustainable labelling and packaging of consumer goods will help to meet the global population's demand for biodegradable sanitary items. For example, the Indian government launched a scheme in 2019 to label hygiene products with an eco-mark to indicate their environmental friendliness.

Major Companies involved are- 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, Cascades Inc.

For Press Release, click here- https://www.coherentmarketinsights.com/press-release/tissue-paper-market-to-surpass-5051-million-tons-by-2027-1398



 

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