The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Consumer Wet Wipes market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Consumer Wet Wipes
The report offers actionable and valuable market insights of Consumer Wet Wipes. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Consumer Wet Wipes Market across various industries and regions.
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The wet wipes market is estimated at US$ 4.4 Bn in 2022 and is projected to reach US$ 7.6 Bn by 2032, at a CAGR of 5.6% from 2022 to 2032.
| Base Year Value (2021A) | US$ 4.1 Bn |
| Estimated Year Value (2022E) | US$ 4.4 Bn |
| Projected Year Value (2032F) | US$ 7.6 Bn |
| Value CAGR (2022-2032) | 5.6% |
This newly published and insightful report sheds light on Market Insights of Consumer Wet Wipes, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Consumer Wet Wipes Market.
Consumer willingness to spend on skincare products to enhance overall skin texture and rising skin concerns due to escalating pollution and stress levels at work are expected to propel the demand for wet wipes during the assessment year. The wet wipes market accounts for 2% of total personal care market in 2022, and is expected to expand due to increased consumer preference for personal care products. Wet wipes market is expected to gain an absolute $ opportunity of US$ 2.9 Bn during the assessment period 2022-2032.
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Market Taxonomy
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4 Key Future Prospects of Consumer Wet Wipes Market for Forecast Period 2017-2026 (In Terms of Volume)
- Europe will remain the largest market for consumer wet wipes, trailed by Asia-Pacific excluding Japan (APEJ) and North America. However, the market in APEJ is projected to reflect the fastest expansion through 2026. These three regions will collectively account for over 75% share of the market by 2026-end. Japan will prevail as the least lucrative region for growth of the consumer wet wipes market.
- Cosmetic wipes and Consumer Wet Wipes are anticipated to remain top-selling products in the market. Sales of cosmetic wipes and Consumer Wet Wipes are together forecast to exceed 290,000 thousand units by 2026-end. However, sales of intimate wipes and household wipes are projected to exhibit a faster expansion compared to that of cosmetic wipes and Consumer Wet Wipes through 2026.
- Although spunlace technology used for production of consumer wet wipes is slated to exhibit the lowest CAGR, it will continue to account for the largest share of the market through the forecast period. Airlaid technology, slated to register the fastest expansion, is also expected to remain a lucrative technology for manufacturing consumer wet wipes.
- Based on sales channel, modern trade and departmental stores are likely to spearhead the global consumer wet wipes market, with sales collectively pegged to reach approximately 190,000 thousand units by 2026-end. Online stores are also expected to account for a large chunk of the market share during 2017 to 2026. These three sales channels are projected to exhibit a parallel rise in the market through 2026.
The competitive environment in the global market for consumer wet wipes is intense, where vendors are adopting many competitive strategies including mergers & acquisitions, research & development, and product innovation. Vendors in the market are also making huge investments in potential markets for expanding their businesses. Additionally, rising product visibility on digital platforms and the social media, in tandem with product portfolio expansion is expected to assist vendors in remaining competitive in the market. The report profiles key players impacting the global consumer wet wipes market’s growth, which include Riway Group, Progressive Products, Premier Care Industries, Cotton Babies Inc., Hengan International Group Company Limited, Sebapharma GmbH & Co. KG, Himalaya Wellness, First Quality Enterprises, Svenska Cellulosa Aktiebolaget (SCA), and Procter & Gamble (P&G).
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Fact.MR, in its new report, offers an unbiased Market Analysis of Consumer Wet Wipes, Sales and Demand of Consumer Wet Wipes, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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