Tissue Paper market is likely to grow at a healthy CAGR of 6.2% over the next five years, according to a report from Stratview Research.
COVID-19 pandemic – Boon or a Curse to the industry?
The outbreak of COVID-19 has severely impacted several industries across the world. Tough government measures such as lockdown of major economies, has pressed the ‘pause button’ for most of the industries. For most of the industries, the revenue has gone down in 2020 and has resumed an uptrend gradually from 2021.
Key insights on Tissue Paper market
Growing global consumption of tissue paper coupled with growing population of the world is the key factor generating higher growth opportunities in the market over the next five years. Advancements in tissue manufacturing technology is projected to boost the market over the same period.
North America is likely to maintain its supremacy in the market during the forecast period, mainly driven by the USA. Higher penetration of tissue paper in various subsectors specially bathroom tissue reached about 100% in both residential as well as commercial user, which is the major factor behind the dominance of the region. The region’s market is highly consolidated with major players holding the major chunk of the market. The consumption of tissue paper in North America is more than three times of the consumption in Europe.
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Report Scope & Market Segmentation
Tissue Paper Market Share: By Product Type
Based on the product type, the tissue paper market is segmented as bathroom tissue, paper napkins, paper towels, facial tissues, and specialty & wrapping tissue. The bathroom tissue segment is expected to remain dominant in the market over the next five years, mainly driven by modernization westernization of toilet culture across the world.
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Which key questions will this report answer?
This market research report focuses to deliver relevant information regarding the market trends, structure and growth during the forecast period. It also offers insights into different market segments and other factors affecting the market.
Some of the key questions answered by the report are:
What is the impact of COVID-19 on the market forecast?
What are the trends, drivers, and challenges?
How competitive is the market? Who are the market leaders?
What are the key strategies adopted by the market players?
Which segments offer the greatest opportunities?
Which are the most attractive regions?
What are the key success factors for the market players?
How does the business environment impact the market?
Which strategic alliances have taken place recently and their significance?
Stratview Research’s reports are generated after accumulating data from various authenticated sources. > 10 primary interviews with industry experts are conducted by us for every report. Insights gained from primary interviews, in-depth analysis of company statements and annual reports, accompanied by a number of articles, whitepapers, and reports help us to connect the dots and triangulate the market in the most effective manner.
Know more about us:
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