Global Toilet Paper Market By Distribution Channel, By Type, By End User, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027 – Yahoo Finance
The Global Toilet Paper Market size is expected to reach $38. 3 billion by 2027, rising at a market growth of 5. 8% CAGR during the forecast period. Toilet paper, commonly known as toilet roll, is a form of tissue paper that is a must-have item in households.
New York, Feb. 28, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Toilet Paper Market By Distribution Channel, By Type, By End User, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027” – https://www.reportlinker.com/p06241037/?utm_source=GNW
In most developed countries, toilet paper has become a necessity for bathroom hygiene. It is a versatile product that is also used in the bathroom to remove makeup and spillage. Home care items, including toilet care, are widely used to care for the household as well as to meet the needs of people’s well-being and health.
Germs, dirt, microorganisms, and other contaminants on the surface have become a source of a variety of diseases and ailments. As a result, new ways for preserving home hygiene have emerged as a result of product invention and development. The introduction of new technology gadgets that utilize toilet care disinfectants and cleaners has simplified the cleaning procedure and the use of home care goods. Furthermore, rising hygiene awareness in both emerging and developed countries has surged the demand for toilet paper in the market.
In terms of sales and demand, the COVID-19 pandemic has had a favorable impact on the toilet paper sector. During the early stages of the lockdown, the market saw an increase in demand for toilet paper. In industrialized countries, toilet paper is a necessary item, and the lockdown triggered a panic buying among customers. The COVID-19 has increased demand for tissue papers, with people focused on self-hygiene as a result of the virus’s spread and chose to carry things for themselves, as well as people who began stockpiling up supplies as practically the whole world went into lockdown, have fuelled its demand in the initial phase of the pandemic.
Market Growth Factors:
Expansion of tourism sector in the world
There is an expansion in the travel and tourism sector of the world, which would contribute to demand for various hygiene products including toilet paper. The craze of travelling among millennial in various nations would surge the demand for hospitality services across the globe. Furthermore, increased consumer awareness of health and rising concerns regarding hygiene has surged the use of tissue paper products in office buildings and commercial settings. In addition, toilet papers are also used as facial tissue in a number of regions around the world, particularly in urban areas, which would augment the product demand. Also, the production of specialist tissues such as premium ornamental, glazed, and printed varieties is boosting product sales dramatically.
Rising importance of personal care and sanitation
With the rising focus on the maintenance of personal hygiene and sanitation, the demand for various personal care & hygiene products. The World Health Organization (WHO) reported that overall worldwide healthcare spending increased to USD 7.8 trillion in 2017, up from USD 7.6 trillion in 2016. Furthermore, the need for toilet and bathroom accessories, as well as cotton towels, is growing as residential sector expands. In addition, the growing number of nuclear families and the high rate of urbanization boost disposable sanitary item sales, consequently increasing market demand. Additionally, the continuous development of infrastructure associated to convenience stores and retail complexes facilitates the consumption of personal …….