Facial Tissue Market Is Estimated To Witness High Growth Owing To Growing Awareness About Hygiene and Personal Care
The Facial Tissue Market is estimated to be valued at US$ 13.41 billion in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The Facial Tissue Market offers a wide range of cost-effective and convenient solutions for maintaining personal hygiene. Facial tissues are soft, absorbent, and disposable paper products that are widely used for cleaning the face and hands. They are commonly available in single-use packs, which makes them suitable for travel purposes. The rise in awareness regarding personal hygiene and the increasing disposable income of consumers have contributed to the growth of the market. Additionally, the availability of a wide range of facial tissue products, including scented and hypoallergenic options, further enhances the market potential.
Market Dynamics:
The Facial Tissue Market is driven by several factors. Firstly, the growing emphasis on personal cleanliness and health has led to an increased demand for facial tissues. Additionally, the convenience and portability offered by facial tissue products make them popular among consumers. Secondly, the rise in disposable income has enabled customers to spend more on hygiene and personal care products, driving market growth. Furthermore, the availability of various fragrances and skin-friendly options in facial tissues provides consumers with a wide range of choices. These drivers are expected to fuel the growth of the facial tissue market over the forecast period.
Segment Analysis:
The facial tissue market can be segmented based on type, distribution channel, and application. By type, the market can be divided into folded tissues and rolled tissues. The dominant sub-segment in this market is rolled tissues. Rolled tissues are widely used in households and commercial spaces due to their convenience and portability. They are commonly used for personal hygiene, cleaning purposes, and for wiping surfaces. Rolled tissues are preferred by consumers as they offer ease of use, easy disposal, and are available in various pack sizes. Additionally, the increasing awareness about hygiene and the need for maintaining cleanliness in public spaces have contributed to the dominance of rolled tissues.
PEST Analysis:
- Political: The facial tissue market is influenced by regulations and policies related to hygiene standards and environmental conservation. Governments across different regions have implemented strict regulations to ensure the quality of facial tissues and to promote sustainable practices in manufacturing and disposal.
- Economic: The economic factors impacting the facial tissue market include disposable income, consumer spending patterns, and economic growth. The increasing disposable income of individuals and the rising standards of living have positively impacted the market growth.
- Social: The growing awareness about personal hygiene, health consciousness, and cleanliness has driven the demand for facial tissues. The COVID-19 pandemic has further emphasized the importance of facial tissues in maintaining personal hygiene and preventing the spread of infectious diseases.
- Technological: Technological advancements have led to the development of innovative and eco-friendly facial tissue products. Manufacturers are adopting advanced manufacturing techniques and materials to enhance the strength, softness, and absorbency of facial tissues.
Key Takeaways:
The Global Facial Tissue Market Demand is expected to witness high growth, exhibiting a CAGR of 7.3% over the forecast period (2023-2030), due to increasing hygiene awareness and the rising demand for convenient and disposable products.
In terms of regional analysis, Asia Pacific is the fastest-growing and dominating region in the facial tissue market. The region has a large population base, increasing disposable income, and a growing consumer preference for hygiene products. Additionally, the presence of key players in the region has further boosted the market growth.
The key players operating in the facial tissue market include Kimberly-Clark, Procter & Gamble, Hengan, Vinda, C&S, WEPA, Asia Pulp & Paper, Metsa Tissue, CMPC Tissue, KP Tissue, Cascades, SCA, Sofidel, Clearwater Paper, Georgia Pacific, First Quality, Empresas CMPC, APP, Kruger Products, and Unicharm. These key players are focusing on product innovation, expansion in emerging markets, and strategic collaborations to maintain their market position and cater to the growing demand for facial tissues.
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