Product ID: SQMIG15Q2009
Global Household Paper Market Size, Share, Growth Analysis, By Type(Paper Towels, Kitchen Rolls), By Distribution Channels(Online and Offline) - Industry Forecast 2024-2031
Report ID:
SQMIG15Q2009 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|
Tables:
61 |
Figures:
77
Global Household Paper Market Insights
Global Household Paper Market size was valued at USD 44.86 Billion in 2022 and is poised to grow from USD 46.56 Billion in 2023 to USD 62.75 Billion by 2031, at a CAGR of 3.8% during the forecast period (2024-2031).
Increasing awareness of hygiene and sanitation among the people, health consciousness of consumers towards infectious diseases and allergies have been the major factors driving the growth of the industry. The market has witnessed significant growth in the last few years due to increased concerns about cleanliness and hygiene. In addition, increased advertising among health-conscious consumers creates opportunities during the forecast period. Furthermore, increased focus on waste disposal, proper food storage, hygiene and sanitation are some of the key factors driving the growth of household paper products the COVID-19 pandemic has positively affected the market due to due to the spread of coronavirus. The demand for household paper has suddenly gained momentum due to increased awareness of personal hygiene and sanitation and widespread use by people who consider it safe to use during an epidemic. Furthermore, increasing awareness about personal hygiene and hygiene due to the spread of COVID-19 virus is also expected to fuel the growth of this market in the coming years.
The growing trend of consumers towards eco-friendly and biodegradable household papers is fueling the market expansion during the forecast period. Increasing disposable income of the middle class and rapid urbanization has led to tremendous growth in the infrastructure leading to an increase in the demand for household paper products in the coming years. The growth of the household paper market will be stimulated significantly in the years as in the coming season. Increased investment by market players to produce new, environmentally friendly household papers is expected to further increase the sales of the industry. However, increasing global temperature due to intensive felling of trees for paper products and stringent regulations imposed by governments on global warming may restrain the growth of the market.
US Household Paper Market is poised to grow at sustainable CAGR for the next forecast year.
Global Household Paper Market Report Snapshots
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