Dublin, Nov. 01, 2021 (GLOBE NEWSWIRE) -- The "Global Wet Wipes Market, By Product Type (Baby Wipes, Facial & Cosmetic Wipes, Others), By Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Pharmacy, E-commerce, and Others), Online), By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
Global wet wipes market is expected to grow at a robust rate during the forecast period owing to the rising prevalence of communicable diseases like novel coronavirus. Increasing impact of COVID-19, affecting around 200 countries across the globe, has led to high demand for disinfectants like wet wipes.
Additionally, growing sense of personal hygiene and health consciousness among people is serving as an important factor for the growth of global wet wipes market. With sanitization as one of the most effective ways of preventing the spread of this global pandemic, the demand for wet wipes is anticipated to increase exponentially in the coming years
. Furthermore, the manufacturers are coming up with eco-friendly, multifunctional wet wipes which are gaining huge popularity in the global market. Wet wipes also come for male and female centric use, depending on their skin types. They not only disinfect but also remove dust and other pollutants from the skin. With multifunctional wet wipes been launched in the market, there is no hassle of carrying various wet wipes and tissues for different use.
However, the global wet wipes market might also face some challenges. Stringent government regulations and issue of disposal might limit the growth of wet wipes market. Also, the circulation of counterfeit products might hamper the profit share of original manufacturers.
The global wet wipes market is segmented based on product type, distribution channel and region. Based on product type, the market is categorized into baby wipes, facial & cosmetic wipes, hand & body wipes, surface wipes, others.
Out of these, the personal care segment accounted for largest market share in 2020 and is expected to hold its position during the forecast period as well attributable to the growing concerns regarding spread of COVID-19, which is making consumers use wet wipes at an increasing rate.
However, the demand from healthcare and other commercial segments is also anticipated to increase significantly. Therefore, the healthcare segment is anticipated to witness high CAGR during the forecast period owing to the increasing demand from hospitals, clinics and other diagnostic centers.
North America is expected to dominate the global wet wipes market owing to the increasing cases of coronavirus in countries like United States and Canada.
Additionally, high disposable income of consumers in the region is also playing a major role in driving the market as more consumers are able to spend on these disinfectants. However, the Asia-Pacific region is expected to undergo highest growth during he forecast period owing to the high demand for wet wipes from countries like China and India.
The manufacturers are focusing on increasing their production capacities to meet the growing demand for wet wipes. Additionally, the companies are also engaging in R&D activities to enhance their product portfolios and increase their global market share.
Objective of the Study:
To analyze and estimate the market size of global wet wipes market from 2016 to 2019.
To estimate and forecast the market size of global wet wipes market from 2020 to 2026 and growth rate until 2026.
To classify and forecast global wet wipes market based on product type, distribution channel, company and regional distribution.
To identify dominant region or segment in the global wet wipes market.
To identify drivers and challenges for global wet wipes market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global wet wipes market.
To conduct pricing analysis for global wet wipes market.
To identify and analyze the profile of leading players operating in global wet wipes market.
To identify key sustainable strategies adopted by market players in global wet wipes market.
Key Target Audience:
Wet wipes manufacturers, suppliers, distributors and other stakeholders
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to wet wipes
Market research and consulting firms
Major players operating in the global wet wipes market include
Nice-Pak Products, Inc.
Godrej Consumer Products Limited
Essity Aktiebolag (publ)
Henkel AG and Co. KGaA
Johnson and Johnson Services Inc.
S. C. Johnson and Son Inc.
The Clorox Co.
The Procter and Gamble Co.
ASHOK & CO. (PVT.) LTD
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
Global Wet Wipes Market, By Product Type
Facial & Cosmetic Wipes
Hand & Body Wipes
Global Wet Wipes Market, By Distribution Channel
Global Wet Wipes Market, By Region
Middle East & Africa
For more information about this report visit https://www.researchandmarkets.com/r/1xn2m1
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager email@example.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900