Latest Market Research Tissue Towel Market Size 2020-2026

Global tissue towel market is expected to rise from its initial estimated value of USD 48.25 billion in 2018 to an estimated value of USD 55.87 billion by 2026, registering a CAGR of 1.85% in the forecast period of 2019-2026. This rise in market value can be attributed to the benefits of using tissue towels for the health of the individual and prevention of infections and their transferring.

Tissue towel are paper towels that are used to dry the hands of the individuals, or cleaning the surfaces such as floors, windows or other surfaces. Due to the quick absorbing technology, and benefits with prevention and promoting cleanliness with the recycling of these towels, the market is expected to grow. They are disposable paper towels that are meant to be used once and disposed.

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In October 2018, SOFIDEL announced the inauguration of its largest manufacturing plant situated in Ohio, United States. The plant capable of providing the highest quality of products and high amounts of energy efficiency.

Global tissue towel market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of tissue towel market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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In February 2015, SOFIDEL announced the launch of biodegradable paper towels in the “Regina” product line, which makes the disposal of these towels easier as they can be flushed straight through the toilet after usage.

Benefits associated with the usage of tissue towels such as prevention of communication of infections is expected to be a driving factor for the market growth.

Production of these towels involve various pollution causing factors, such as deforestation, disposal of toxic wastes, which are expected to restrain the market growth

Few of the major competitors currently working in the tissue towel market are Kruger Inc., Wepa, Cascades inc., Georgia-Pacific, METSÄ TISSUE, Procter & Gamble, KCWW, Asaleo Care Limited, HengAn.com, SHP Group, Grigeo, Essity Aktiebolag (publ), Celtex spa, Lucart S.p.A., SOFIDEL, Cartiere Carrara S.p.A., Essity Aktiebolag (publ), APP (Asia Pulp & Paper), MP hygiene, Industrie Cartarie Tronchetti S.p.A., KP TISSUE INC., Vinda International Holdings Limited, Softys, Nova Tissue, and COMINTER PAPER S.A.