The Asia Pacific Tissue Paper Market would witness market growth of 3.5% CAGR during the forecast period (2023-2030).
Increasing consumption of sanitary and personal care products to maintain cleanliness and sanitation drives the demand for tissue paper products. The growing population's increasing healthcare expenditures increase the demand for personal care products, fostering market expansion. In addition, accelerated urbanization results in substantial infrastructure developments and growing demand for tissue paper products in the coming years. Increasing investments by key market players to introduce new sustainable and environmentally friendly goods is anticipated to boost industry sales further.
As people become more health and sanitation conscious, there is an increase in demand for tissue paper products in commercial and complex settings. The introduction of specialized tissues like premium decorative, glazed, and printed variants, among others, is expected to drive the growth of the market over the coming years. In recent years, printed tissue paper has increased as consumers in developing nations like India and China adapt more to Western customs.
APAC is a region with various developing countries like China and India where the rate of modernization is rapidly increasing. With the ongoing developments, many people are undergoing a massive change in their preferences and habits. The spending power of people across China is rising, which is encouraging more people to spend more on hygiene and personal care products, including tissue paper. Furthermore, the region's rising population is allowing the manufacturers to make and supply more varieties of tissue paper to people. In addition, countries like Singapore have a huge cluster of residential living facilities, increasing the requirement of wet wipes for cleaning in the residential sector. Hence, these factors are anticipated to fuel the regional market's growth during the forecasting period.
The China market dominated the Asia Pacific Tissue Paper Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.5 Billion by 2030. The Japan market is estimated to witness a CAGR of 2.8% during (2023 - 2030). Additionally, The India market would register a CAGR of 4.1% during (2023 - 2030).
Based on Application, the market is segmented into At Home, and Away From Home. Based on Product Type, the market is segmented into Paper Tissues (made from pulp), Facial Tissue, Wet Wipes, and Others. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Tissue Paper Market is Projected to reach USD 25.1 Billion by 2030, at a CAGR of 3.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Procter and Gamble Company, Georgia-Pacific LLC (Koch Industries, Inc.), Kruger Inc., Kimberly-Clark Corporation, Essity AB, Naturelle Consumer Products Ltd, Solaris Paper, Inc., Seventh Generation, Inc. (Unilever PLC), Hengan International Group Company Limited, Asia Pulp and Paper Group Sinar Mas
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