Kitchen Towels Market Is Forecasted To Rise At A CAGR Of 5.5% Through 2033
The Kitchen Towels Industry sales study offers a comprehensive analysis on diverse features including production capacities, Kitchen Towels demand, product developments, sales revenue generation and Kitchen Towels market outlook across the globe.
market research report by Fact.MR, (Leading business and
competitive intelligence provider) on global Kitchen Towels market sales
initiates with an outlook of the market, followed by the scrutiny of the demand
and consumption volumes and share and size of various end-use segments
As per a newly published research report by Fact.MR, the
global kitchen towels market was valued at US$ 17.9 billion in
2022. The market is forecasted to expand at a CAGR of 5.5% and
reach a valuation of US$ 32.20 billion by 2033. Cooking at
home or in restaurants requires hygienic stations, which is the main factor
fueling the demand for kitchen towels.
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The readability score of the Kitchen Towels market demand
report is good as it offers chapter-wise layout with each section divided into
a smaller sections.
The report encompasses graphs and tables to show the entire
assembling. Pictorial demonstration of the definite and estimated values of key
segments is visually appealing to readers.
This Kitchen Towels market outlook report explicates on
vital dynamics such as the drivers, restraints and opportunities for key
players and competitive analysis of Kitchen Towels along with key stakeholders
as well as emerging players associated with the manufacturing of product.
The Key trends Analysis of Extended Kitchen Towels market
also provides dynamics that are responsible for influencing the future
sales and demand of over the forecast period.
Key Companies Profiled:
- Accrol
Group Holdings Plc.
- Kimberly-Clark
Corporation
- Aldar
Tissues Ltd.
- Renova
Group
- Koch
Industries, Inc.
- The
Procter & Gamble Company
- Rodriquez
Pty. Ltd.
- WEPA
Professional GmbH
- Wausau
Paper Corp.
- Towel
Depot Inc.
Country-wise Insights
“Increasing Number of Quick-service Restaurants
Propelling across the Country”
The United States market for kitchen towels was valued
at US$ 4.9 billion in 2022.
Rising consumer preferences for different types of
eco-friendly products along with a significant shift toward sustainable living
among Americans is boosting sales of kitchen towels in the country. Consumers
are giving preference to cloth-based napkins as they are economical compared to
paper-based towels. In addition, the rising number of different quick-service
restaurants, including cafes, fast food restaurants, etc., are bolstering
market growth in the United States.
Key Market Players
Some of the key manufacturers of kitchen towels are
increasing their expenditure on strengthening their supply chain management
systems, maintaining product standards, ensuring quality control, and numerous
other purposes.
New product launches, acquisitions, etc., are some
strategies incorporated by key players to gain a competitive edge.
For instance :
- In
September 2021, Cascades launched its first paper towel and bathroom
tissue manufactured with recycled plastic in the United States and Canada
markets.
- In
November 2020, Acrol acquired LTC Group to expand its business of tissue
conversion. The company also acquired modern and high-quality machine
assets, including highly effective systems and four tissue lines to
improve its daily operations.
Key players in the kitchen towels market include Accrol
Group Holdings Plc., Kimberly-Clark Corporation, Aldar Tissues Ltd., Renova
Group, Koch Industries, Inc., The Procter & Gamble Company, Rodriquez Pty.
Ltd., WEPA Professional GmbH, Wausau Paper Corp., and Towel Depot Inc.
Segmentation of Kitchen Towels Industry Research
- By
Product :
- Cloth-based
- Paper-based
- By
End Use :
- Commercial
- Residential
- By
Region :
- North
America
- Europe
- Asia
Pacific
- Latin
America
- Middle
East & Africa
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