USD 11.25 billion
Report ID: SQMIG30L2120 | Region: Global | Published Date: September, 2022 | Pages: 260 | Tables: 69 | Figures: 74
Personal Care Wipes Market size was valued at USD 11.25 billion in 2021 and is poised to grow from USD 11.96 billion in 2022 to USD 19.33 billion by 2030, growing at a CAGR of 6.2% in the forecast period (2023-2030),
The personal care wipes market is driven by the increased usage of personal care wipes for hygiene maintenance, particularly where access to water is limited. Furthermore, due to their disposable nature, the benefits of personal care wipes for infection prevention are enticing consumers to purchase more personal care wipes. Furthermore, the major companies are focusing their efforts on developing specialized and novel personal care wipes that are suitable for a variety of skin types.
As a result of the COVID-19 pandemic, people are becoming more cautious about disinfecting products for daily use. Consumers are emphasizing essential personal care and hygiene products, such as wipes. Personal care wipes are widely used by customers for a variety of reasons. One of the main reasons for wipes' increasing popularity is that they are handy and simple to use.
US Personal Care Wipes Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 11.25 billion
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Personal Care Wipes Market is segmented by product into baby wipes, facial & cosmetic wipes, intimate wipes, flushable wipes, hand & body wipes others. By distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, specialist stores, online retail stores pharmacy, other distribution channels. Based on region, the market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Personal Care Wipes Market Analysis by Product
The baby wipes segment led the market in 2022. Soap and cloth substitutes cause skin irritation and rashes, whereas baby personal care wipes are gentle on the baby's skin. This is growing in popularity as people have become more aware of the benefits of using infant personal care wipes. However, the intimate personal care wipes category is predicted to rise significantly and capture a large personal care wipes market share over the forecast period, owing to increased knowledge about genital skin care among both female and male populations.
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In the APAC, rising consumer awareness towards the importance of using personal care products, particularly to avoid skin disorders and infectious diseases is driving personal care wipes market expansion. Sales of infant personal care wipes in the region are being influenced by rising spending on baby care goods. The market in the region is likely to be driven by significant expansion in the number of prospective purchasers in developing economies such as China and India. Furthermore, increasing buying power combined with high internet penetration is changing the way people shop for personal care products. Additionally, the growing manufacturing activity and modernization in healthcare practices, especially in developing countries, are expected to witness significant growth in the personal care wipes market during the forecast period.
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Personal Care Wipes Market Driver
Rise in Use of Wet Wipes in Adults and Baby Wipes for Toddlers to Encourage Market Demand
Personal Care Wipes Market Restraint
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The personal care wipes industry is extremely competitive and fragmented, with multiple firms vying for a dominant position in the market. To address rising demand, prominent competitors are pursuing a variety of tactics, including growth, mergers and acquisitions, collaborations, and new product development.
Personal Care Wipes Market Top Players Company Profiles
Personal Care Wipes Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, with increasing internet penetration, the personal care wipes market size from the e-commerce segment would expand in terms of distribution channels. Benefits such as ease of access have contributed to the rapid expansion of online purchase in India, China, and Germany. The expanding popularity of e-commerce and thriving retail businesses, which result in higher overall sales, will also fuel category growth.
|Market size value in 2021||USD 11.25 billion|
|Market size value in 2030||USD 11.96 billion|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Personal Care Wipes Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Personal Care Wipes Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Personal Care Wipes Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Personal Care Wipes Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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