Published Date: 28-Feb-2022
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According to a new report Global Wet Wipes Market, published by KBV research, The Global Wet Wipes Market size is expected to reach $31 billion by 2027, rising at a market growth of 3.6% CAGR during the forecast period.
The Flushable Wipes market is expected to witness a CAGR of 3.6% during (2021 - 2027). The growth of this segment is due to the easy disposable nature of these wipes after use. Flushable wipes are made of a material that can be flushed into the toilet without causing any major blockage in pipes or the sewer system. In addition, these wipes are non-harmful, antibacterial, decrease unpleasant smell, and safeguard the skin.
The Supermarkets & Hypermarkets market is leading the segment of the Global Wet Wipes Market by Distribution Channel 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $12.4 billion by 2027. The growth of this segment is attributed to the significant customer preference for purchasing toiletries from supermarkets and hypermarkets, which offer a wider range of wet wipes from a broad variety of brands. Moreover, coupons, vouchers, and other customer discount offers are other factors that majorly contributed to the increased growth of this segment of the wet wipes market.
The North America market is generating highest revenue in the Global Wet Wipes Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $11,658.9 million by 2027. The Europe market is expected to witness a CAGR of 3.3% during (2021 - 2027). Additionally, The Asia Pacific market is expected to witness a CAGR of 3.7% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/wet-wipes-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 Nice-Pak Products, Inc., Kimberly-Clark Corporation, WipesPlus, PDI Healthcare, Inc., Essity Aktiebolag (publ), Reckitt Benckiser Group PLC, The Clorox Company, The Procter and Gamble Company, and The Honest Company, Inc.
By Distribution Channel
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