Dublin, May 30, 2023 (GLOBE NEWSWIRE) -- The "Non-Woven Wipes - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Non-Woven Wipes Market to Reach $32.5 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Non-Woven Wipes estimated at US$19.4 Billion in the year 2022, is projected to reach a revised size of US$32.5 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2022-2030.
Cellulose-based Fibers, one of the segments analyzed in the report, is projected to record a 7.8% CAGR and reach US$13.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Petroleum-Based Materials segment is readjusted to a revised 6.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $5.8 Billion, While China is Forecast to Grow at 9% CAGR
The Non-Woven Wipes market in the U.S. is estimated at US$5.8 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2030 trailing a CAGR of 9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 6.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.9 Billion by the year 2030.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of 'zero-Covid' policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to our digital archives and MarketGlass Research Platform
- Complimentary updates for one year
Select Competitors (Total 95 Featured)-
- Asahi Kasei Corporation
- Contec, Inc.
- Freudenberg Group
- Glatfelter Corporation
- Japan Vilene Company, Ltd.
- Kimberly-Clark Worldwide, Inc.
- Nice-Pak Products, Inc.
- Procter & Gamble Company
- Reckitt Benckiser Group plc
- Robinson Healthcare Ltd.
- S. C. Johnson & Son, Inc.
- Texel Technical Materials, Inc.
- The Clorox Company.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 506 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $19.4 Billion |
| Forecasted Market Value (USD) by 2030 | $32.5 Billion |
| Compound Annual Growth Rate | 6.7% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of Covid-19 and Global Economic Update
- From Pandemic to War & Inflation: "Gloomy Outlook for 2023 Despite Signs of Easing Inflationary Conditions
- Here's How Inflationary Pressures Affect the Economy
- Russia-Ukraine War, the Primary Culprit Responsible for the Hardships
- Although Past Peak in 2023, Efforts to Solve the Inflation Puzzle Should Continue
- Here's What's Causing Inflationary Pressures in the Global Market
- Shaken by the War, Global Oil Prices Spiral and Feed Inflationary Pressures, Guiding the World Towards a Cost of Living Crisis: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
- War-Induced Commodity Price Increases & Broad Based Price Pressures Mark the Return of Global Inflation to the Highest Level Seen Since 1996: Global Inflation Rates (In %) for the Years 2019 Through 2024
- Although Facing a Lower Recession Risk, Global Economic Growth in 2023 to Slowdown Amid War, Inflation, Elevated Interest Rates & Marginal Easing of Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
- Recession Triggered by Uncontrolled Inflation or Unemployment, Which is the Greater Evil? Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
- COVID-19 Impact on Non-woven Wipes Market
- Competition
- Non-Woven Wipes - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- Global Market Prospects and Outlook
- Global Non-Woven Wipes Market Exudes Potential to Uphold Irresistible Momentum
- Consistent Gains in Post-Pandemic Phase
- Consumer Wipes Claim Dominating Share
- Bright Outlook of Wet Wipes Market Carves a Path for Grand Success of Non-Woven
- North America Commands Majority Stake
- Thriving Trends to Watch-for in Non-Woven Wipes Space
- Product Innovations to Set Pace
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- COVID-19 Induced Boom in Demand for Disinfected Wipes to Benefit Growth in the Market
- Increased Focus on Safety in the Food Industry & Infection Control in Hospitals Keeps the Industrial Wipes Market Afloat
- Closer Scrutiny on Food Safety, A Major Growth Driver
- Post Pandemic Reopening of Food Service Outlets Spurs Demand for Industrial Wipes in Food Service Cleanup
- Foodborne Illnesses Remain a Perpetual Public Health Concern Pushing Up the Need for Stricter Sanitary Best Practices: Number of Foodborne Disease Outbreak in the United States for the Years 2012, 2015, 2017, 2019
- Surface Contamination is the Primary Source of Food Contamination & Food Poisoning, a Fact that Highlights the Value of Disinfectant Wipes: % Share of Foodborne Diseases by Source
- Infection Fears Step Up Hospital Use of Disinfectant Wipes
- Industrial Wipes Used in Manufacturing & Automotive Industries to Register Burgeoning Growth
- Industrial Strength Wipes for Different Cleaning Environments to Grow in the Coming Years
- Global Automotive Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- World Automobile Production in Million Units: 2008-2022
- Baby Wipes & Non-Woven: Blooming Segments of Wet Wipes Market
- Rising Fertility in Developing Economies & Robust Outlook for Baby Care Products to Benefit Demand for Non-Woven Baby Wipes
- Global New Births (in Millions) per Annum by Geographic Region
- Increased Use of Disposable Diapers Drives Demand for Baby Wipes to Prevent Diaper Rash
- Annual Usage of Baby Disposable Diapers Per Infant by Region (Age up to 2.5 years)
- Sustainability, a New Trend in Non-Woven Wipes Worthy of Note
- Innovative Sustainable Nonwovens to Tame the Plastic Menace
- The Sustainability Buzz & Emergence of Innovative Non-Woven Systems
- Consumer Spending Habits Post-COVID-19 to Propel the Demand for Non-woven Wipes
- COVID-19-Led Massive Demand for Wipes Augurs Well for Spunlace Nonwovens
- Wipes Innovations Taking Biological, Radiological & Chemical Protection to Next Level
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/s0i16s
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