Selbyville, Delaware,, May 21, 2023 (GLOBE NEWSWIRE) —
The wipes market valuation is anticipated to reach USD 19.6 billion by 2032, claims the latest research report by Global Market Insights Inc. Growing consumer consciousness about the benefits associated with essential hygiene products has led to a surge in both demand and innovation, favoring the overall market dynamics throughout 2023-2032.
Wipes provide an efficient alternative to traditional methods, offering convenience and portability while maintaining high standards of hygiene. From personal care to household cleaning, wipes have become an integral part of our daily lives, offering convenience, efficiency, and effectiveness. As a result, the wipes market is witnessing unprecedented growth, driving manufacturers to explore new possibilities and expand their product offerings. The increasing focus on personal hygiene and cleanliness and growing consumer inclination toward convenient and hygienic solutions for various applications, such as baby care, skincare, personal care, and household cleaning, has caused a noticeable upswing in product demand.
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The household wipes segment of wipes market share is poised to register significant growth through 2032. The segment growth can be attributed to a number of factors, including increased convenience, versatility, affordability, and environmental benefits offered by household wipes. Household wipes offer a quick and easy solution for cleaning various surfaces around the house while eliminating the need for multiple cleaning products, sponges, and towels, making cleaning faster and more convenient., thus, boosting their adoption through 2032.
Based on type, the non-disposable wipes segment is slated to exhibit an appreciable CAGR from 2023 to 2032, as per the report. The demand for non-disposable wipes is likely to continue growing as consumers seek more sustainable and effective cleaning solutions that offer long-term value and versatility. These can be used multiple times and are a cost-effective alternative to their disposable counterparts, making them beneficial for households or businesses that use large quantities of wipes.
Europe wipes market is anticipated to witness substantial expansion through 2032 as consumers seek convenient and effective solutions for cleaning and hygiene while also considering sustainability and environmental impact. Europe has an aging population, and wipes are becoming increasingly popular among the elderly and their caregivers. Wipes can make daily tasks easier and more convenient, such as personal hygiene, incontinence care, and household cleaning.
Some of the key players profiled in the wipes market report include Johnson & Johnson Inc., Unilever Group, Procter and Gamble Co., Suominen Corporation, Edgewell Personal Care, and more.
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Partial chapters of report table of contents (TOC):
Chapter 2 Executive Summary
2.1 Wipes Market 3600 synopsis, 2018 – 2032
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Product trends
2.1.4 Type trends
2.1.5 Distribution channel trends
Chapter 3 Wipes Industry Insights
3.1 Industry segmentation
3.2 Industry size and forecast, 2018 – 2032
3.2.1 COVID-19 impact on industry landscape
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
3.3.2.1 Contract Manufacturing
3.3.2.2 Distributors
3.3.3 Profit margin analysis
3.4 Regulatory Landscape
3.4.1.1 U.S.
3.4.1.2 Europe
3.4.1.3 China
3.5 Global animal feed industry overview, 2022
3.6 Pricing analysis
3.7 Industry impact forces
3.7.1 Growth drivers
3.7.2 Industry pitfalls & challenges
3.8 Growth potential analysis, 2022
3.9 Porter’s analysis
3.10 PESTEL analysis
3.11 COVID-19 impact on Wipes demand by applications
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.