According to a new report, published by KBV research, The Global Tissue Paper Market size is expected to reach $25.1 billion by 2030, rising at a market growth of 3.2% CAGR during the forecast period.
The Away From Home segment is showcasing a CAGR of 3.9% during (2023 - 2030). The expansion of the corporate sector is anticipated to increase demand for moist wipes and paper tissues. In addition, accelerated urbanization, a growing global working-class population, and rising health and hygiene awareness among consumers are anticipated to fuel the segment's growth in the coming years. In addition, increased usage of tissue paper products in commercial establishments and office complexes is expected to boost segmental growth over the forecast period.
The Paper Tissues (made from pulp) segment is leading the Global Tissue Paper Market by Product Type in 2022; thereby, achieving a market value of $1 Billion by 2030. During the forecast period, the rising use of paper tissues for general household hygiene is anticipated to fuel market growth. Rising environmental concerns, such as global warming and deforestation, hinder the advancement of pulp-based products and the growth of the paper tissues market segment.
The Online segment would exhibit a CAGR of 5.5% during (2023 - 2030). This is due to its increasing popularity. In the coming years, the increase in tissue paper product sales, primarily through company websites and e-commerce companies, is anticipated to contribute to expanding the online distribution channel segment. The increasing prevalence of the internet and intelligent devices will further boost sales in the sector.
The Asia Pacific region dominated the Global Tissue Paper Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $9.0 Billion by 2030. The North America region is estimated to grow at a CAGR of 2.5% during (2023 - 2030). Additionally, The Europe region would experience a CAGR of 3% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/tissue-paper-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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