Disposable Napkins Market: Introduction and Need of the Product
With the growing demand for bio-degradable packaging products all over the world, companies in this space are continuously innovating their existing product portfolio and switching towards environment-friendly alternatives. Consumer inclination towards hygienic products is driving the demand for disposable napkins. Disposable napkins are made up of the bio-degradable materials which in turn do not cause harm to environment. It is widely used in foodservice outlets, offices, household, restaurants, hotels, etc. to ensure hygienic cleaning solution.
Disposable Napkins Market: Market Dynamics
The demand for disposable napkins has witnessed tremendous increase in the last decade due to growing consumer inclination towards hygienic products. Disposable napkins are replacing reusable fabric-based napkins due to ease of use and convenience offered by these napkins. However, the major factor driving the growth in the market is the use of bio-degradable material to produce disposable napkins which in turn do not pollute the environment. A large number of companies present in the developing as well as in developed countries offer disposable napkins, the market has witnessed strong increase in its revenues in the last 4-5 years. With the high growth in the disposable napkins market, the market is moving towards fragmentation due to more and more small-scale players entering into the market who cater to the local and regional demand. However, the disposable napkins market is expected to create numerous opportunities for existing manufacturers and new entrants in the global market. Recent trends noticed in the market is the introduction of new and attractive designs to lure more customers for the disposable napkins. Nowadays consumers prefer visiting places that offer good experience and have better brand value. Therefore, such establishments also focus on providing good consumer experience through best-in-class services and products. Premium disposable napkins are increasingly creating their place in the high-end establishments which in driving growth in the global disposable napkins market.
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Disposable Napkins Market: Market Segmentation:
Disposable Napkins Market Segmentation: By Paper Source
Disposable Napkins Market Segmentation: By Sales Channel
- Indirect Sales
- Online Sales
- Hypermarket/Supermarket/Discount Stores
- Departmental/Convenience Stores
- Brand Distributor Sales
- Direct Sales
Disposable Napkins Market Segmentation: By End-Use
- Quick-Service Restaurants
- Full-Service Restaurants
- Movable Food Establishments
- Cafes & Bars
Disposable Napkins Market: Regional Overview
On the basis of region, the disposable napkins market is segmented as North America, Latin America, Eastern Europe, Western Europe, APEJ (Asia-Pacific Excluding Japan), Middle East & Africa, and Japan. Disposable napkins are extensively used in the North America and European region due to high consumer inclination towards hygienic products. Also, the disposable napkins market in both of these regions are fragmented in nature with the presence of numerous players in these regions. However, it is witnessed that the demand for disposable napkins will continue to grow in next 4-5 years. This will fuel growth in the global disposable napkins market. In Asia-Pacific region, the demand for disposable napkins is expected to grow at a CAGR value of more than 8-10% which will create enormous growth opportunities in the market. Existing manufacturers could focus on expanding their market presence through offering new and innovative products while new entrants could focus on capturing market share in untapped markets. In MEA region, KSA and UAE offer highest incremental $ opportunities due to growing retail and foodservice industry in these countries. In Latin America region, the disposable napkins market is gaining traction due to easy availability of raw materials for manufacturing disposable napkins and growing demand from the consumer end. Brazil and Mexico lead the Latin America disposable napkins market in terms of both revenue generation and volumetric consumption. Japan also offer untapped growth opportunities in the global disposable napkins market.
Disposable Napkins Market: Market Players
Some of the key players in the Disposable Napkins Market are Duni AB, Pudumjee Paper Products Ltd., Metsä Tissue Corporation, R.L. Williams Company, Sterling Hygine Tissues, Poppies Europe Ltd., Okay Srl, Sofidel Group, SHP Group, and Swan Mill Paper Co Ltd. among others
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?