PUBLISHER: Acute Market Reports | PRODUCT CODE: 1443308
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1443308
The tissue paper market is expected to grow at a CAGR of 6.5% during the forecast period of 2024 to 2032. The tissue paper market has experienced substantial growth in recent years, driven by various factors that have contributed to its expansion. Tissue paper is widely used for personal care, hygiene, and cleaning purposes, making it an essential product in households, commercial spaces, and industries. The tissue paper market is witnessing growth globally, driven by factors such as increasing awareness of hygiene and sanitation, rapid urbanization, and changing consumer preferences. Key players in the market are responding to consumer demands by introducing innovative and sustainable tissue paper products. The Asia-Pacific region is expected to witness the highest growth rate, while North America and Europe will continue to be significant contributors to the market. With a customer-centric approach, product innovation, and sustainability initiatives, top players can maintain their market position and capitalize on the opportunities presented by the growing tissue paper market in the forecast period from 2024 to 2032.
Growing Hygiene Consciousness
The tissue paper market is witnessing robust growth due to the increasing awareness of personal hygiene and sanitation. With rising health concerns and the spread of infectious diseases, consumers are becoming more conscious of maintaining cleanliness and hygiene in their everyday lives. Tissue papers, such as facial tissues, toilet tissues, and hand towels, are perceived as convenient and hygienic options for personal care and cleaning. The COVID-19 pandemic further emphasized the importance of maintaining hygiene, leading to an increased demand for tissue papers in households and commercial settings. As a result, manufacturers are experiencing higher sales volumes and expanding their product portfolios to meet the growing hygiene needs of consumers. According to a survey conducted by the World Health Organization (WHO), there has been a significant increase in the usage of tissue paper products, especially hand tissues and paper towels, during the COVID-19 pandemic. Additionally, market reports indicate a surge in tissue paper sales, reflecting the growing hygiene consciousness among consumers.
Rapid Urbanization and Changing Lifestyle
Rapid urbanization and the changing lifestyle of people have significantly influenced the tissue paper market. As more people migrate to urban areas and adopt busier lifestyles, the demand for convenient and disposable products has increased. Tissue papers offer a quick and easy solution for personal care and cleaning on the go. Moreover, the rise in the number of working individuals and dual-income households has led to an increased preference for ready-to-use products that save time and effort. The shift from traditional alternatives to tissue papers, such as cloth napkins and handkerchiefs, is further fueling market growth. Urbanization rates have been steadily increasing worldwide, and census data from various countries show a notable rise in urban populations. Additionally, surveys and consumer behavior studies highlight the preference for convenience-driven products like tissue papers in urban settings.
Environment-friendly Initiatives and Sustainable Packaging
The tissue paper industry is witnessing a transformation towards sustainability and eco-friendliness. With growing environmental concerns, consumers are becoming more conscious of the environmental impact of their purchasing choices. As a result, tissue paper manufacturers are adopting sustainable practices and using recycled materials in their products. The demand for eco-friendly tissue papers is on the rise, leading to innovations in biodegradable and compostable tissue products. Sustainable packaging solutions, such as recyclable paper-based packaging, are gaining popularity, further propelling market growth. Various tissue paper manufacturers have announced their commitment to sustainability goals and environmentally responsible practices. Market reports show an increase in the production and consumption of eco-friendly tissue papers, indicating a shift towards sustainable choices among consumers.
Raw Material Price Volatility
The tissue paper market faces a significant restraint in the form of raw material price volatility. Tissue papers are primarily made from wood pulp, which is sourced from trees. Fluctuations in the prices of wood pulp and other raw materials can impact the overall production cost of tissue papers. Additionally, supply chain disruptions, changing environmental regulations, and global economic factors can lead to fluctuations in raw material prices. Manufacturers may find it challenging to maintain stable product prices while coping with the impact of varying raw material costs.
Segmentation by Application: At Home Versus Away from Home
The tissue paper market is segmented based on its application into two categories: at-home and away-from-home. At-home tissue papers are primarily used in households for personal care and hygiene, including facial tissues, toilet tissues, and kitchen rolls. On the other hand, away-from-home tissue papers are used in public spaces, commercial establishments, and industries for various purposes, such as hand towels, napkins, and tissue rolls. The at-home segment is expected to witness the highest revenue in 2023, given its extensive usage in households. The segment has witnessed significant demand due to increasing consumer focus on personal hygiene and cleanliness, especially during the pandemic-induced lockdowns. However, the away-from-home segment is projected to exhibit the highest CAGR during the forecast period of 2024 to 2032 due to the increasing demand from the hospitality, healthcare, and food service industries. The segment's growth can be attributed to the rising number of commercial establishments and the need for maintaining hygienic environments in public spaces.
Segmentation by Distribution: Offline Versus Online
The tissue paper market is also segmented based on distribution channels, including offline and online sales. Offline distribution involves the sale of tissue papers through brick-and-mortar retail stores, supermarkets, convenience stores, and other physical retail outlets. Online distribution refers to the sale of tissue papers through e-commerce platforms and websites. In 2023, offline distribution is expected to account for the highest revenue, as it remains the traditional and preferred mode of purchasing tissue papers for many consumers. However, the online distribution segment is anticipated to experience the highest CAGR during the forecast period of 2024 to 2032, driven by the growing popularity of e-commerce, especially in urban areas. Online sales of tissue papers provide consumers with the convenience of doorstep delivery and a wide range of product options.
APAC to Promise Significant Opportunities during the Forecast Period
In 2023, North America dominated the tissue paper market in terms of revenue, with the United States being the largest consumer of tissue paper products in the region. The region's strong market position can be attributed to the high consumer awareness of hygiene and sanitation practices, along with the availability of a wide range of tissue paper products catering to various applications. The Asia-Pacific region is expected to witness the highest CAGR during the forecast period of 2024 to 2032, driven by rapid urbanization, increasing disposable income, and changing consumer preferences in countries like China and India. Countries like China, India, Japan, and South Korea are driving the growth in this region. Factors contributing to the market expansion in Asia-Pacific include rapid urbanization, rising disposable income, and changing consumer preferences for premium and sustainable tissue paper products.
Market Competition to Intensify during the Forecast Period
The tissue paper market is highly competitive, with several key players vying for market share and consumer loyalty. Some of the top players in the market include Procter & Gamble, Kimberly-Clark Corporation, Georgia-Pacific, Sofidel Group, WEPA Group, Essity, Kirkland Signature (Costco), Solaris Paper, Seventh Generation, Charmin Paper, Angel Soft, Naturelle, and others. Companies are investing in research and development to introduce innovative tissue paper products, such as bamboo-based tissues, recycled tissues, and sustainable packaging solutions. Many companies are embracing sustainable practices, such as using recycled materials, reducing waste, and promoting responsible forest management, to appeal to environmentally conscious consumers. Effective advertising and marketing campaigns are essential to build brand recognition and loyalty among consumers, especially in the highly competitive tissue paper market.
Historical & Forecast Period
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2023 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation ofTissue Paper market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Tissue Paper market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Application
Product
Distribution Channel
Region Segment (2021-2031; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Key questions answered in this report
What are the key micro and macro environmental factors that are impacting the growth of Tissue Paper market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2031.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Tissue Paper market?
Which is the largest regional market for Tissue Paper market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Tissue Paper market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Tissue Paper market worldwide?
FIG. 10Market Positioning of Key Tissue Paper Market Players, 2023
FIG. 11Global Tissue Paper Market - Tier Analysis - Percentage of Revenues by Tier Level, 2023 Versus 2032