Press release
Tissue Paper Market Poised for Remarkable Growth: Forecasting a Surge to US$ 83.4 Billion by 2031, Fueled by a 5.1% CAGR from 2023
Market Overview
The tissue paper market is witnessing significant growth propelled by the adoption of advanced production technologies aimed at boosting energy efficiency and reducing production costs. Technologies like TAD (Through Air Drying) have become prevalent, particularly in the U.S., as they not only save energy but also enhance the quality of tissue papers. Key players in the market are investing in research and development activities to improve production processes and gain a competitive edge.
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Market Segmentation
By Ply Type: Tissue papers are segmented based on ply type into 1-ply, 2-ply, and 3-ply and more, catering to diverse consumer needs and preferences.
By Tissue Grade: Tissue papers are categorized by tissue grade, including up to 20 GSM, 20 to 40 GSM, and more than 40 GSM, offering options suitable for various applications.
By Application: The market segmentation by application includes facial tissues, napkins, bath & toilet tissues, towels, wrapping tissues, and hygiene tissues (medical tissues and wipes), reflecting the broad spectrum of uses for tissue paper products.
By Material Source: Tissue papers can be sourced from virgin pulp or recycled pulp, with an increasing emphasis on sustainability driving the demand for recycled pulp-based products.
By End-use: Tissue papers find extensive usage in both residential and commercial sectors, including hotels, offices, malls & multiplexes, hospitals, schools & colleges, airlines & railways, and others.
Regional Analysis
The tissue paper market's growth is not limited by geographical boundaries, with significant traction observed across regions worldwide. However, factors such as population demographics, consumer preferences, and economic development influence regional consumption patterns.
Market Drivers and Challenges
Key drivers propelling the growth of the tissue paper market include increasing awareness regarding hygiene, rising disposable incomes, and advancements in manufacturing technologies. However, challenges such as fluctuating raw material prices and environmental concerns related to pulp sourcing pose significant hurdles for market players.
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Market Trends
The market is witnessing several notable trends, including the adoption of advanced production technologies like STT (Structured Tissue Technology), ATMOS (Advanced Tissue Molding System), and PMP (Paper Machine Press), which enhance product quality and production efficiency.
Competitive Landscape
The tissue paper market is highly competitive, with several prominent players vying for market share. Companies profiled in the report include Essity Aktiebolag (publ), Asia Pulp & Paper (APP) Sinar Mas, Sofidel Group, Georgia-Pacific LLC, Kimberly-Clark Corporation, and others.
Future Outlook
The future of the tissue paper market looks promising, driven by evolving consumer lifestyles, increasing emphasis on hygiene, and technological advancements. Market players are expected to focus on innovation, sustainability, and expanding their global footprint to capitalize on emerging opportunities.
Key Market Study Points
Evolution of consumer preferences and its impact on market dynamics.
Technological advancements driving production efficiency and product quality.
Impact of sustainability initiatives on material sourcing and product development.
Regional consumption patterns and emerging market opportunities.
Competitive strategies adopted by key players to gain a competitive edge.
Recent Developments
Recent developments in the tissue paper market include strategic partnerships, product launches, and investments in R&D to develop innovative and sustainable solutions.
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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