Global Kitchen Towel Market Size To Worth USD 30.15 Billion By 2033 | CAGR of 5.64%
Category: Consumer GoodsGlobal Kitchen Towel Market Size To Worth USD 30.15 Billion By 2033
According to a research report published by Spherical Insights & Consulting, The Global Kitchen Towel Market Size is Estimated to Grow from USD 17.41 Billion in 2023 to USD 30.15 Billion by 2033, Growing at a CAGR of 5.64% during the forecast period 2023-2033.
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Browse key industry insights spread across 235 pages with 126 Market data tables and figures & charts from the report on the " Global Kitchen Towel Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Cloth-Based, Paper-Based, and Others), By Application (Commercial and Residential), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Convenience Stores, Online Stores, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/kitchen-towel-market
The global kitchen towel market is the market for all kitchen towels used in both residential and commercial properties, including those made of cloth-based and paper-based. A multipurpose kitchen towel can be used to dry hands, maintain the kitchen pristine, and clean dishes, knives, cutting boards, and other products. The constant demand from consumers for these products affects the market's size. In addition to the increased focus on cleanliness and hygiene in kitchens, there is a growing need for kitchen towels to wipe hands, surfaces, and kitchen utensils. Customers looking for distinctive and customized kitchen items are drawn to the expanding trends of personalization and customization, which also propels market expansion overall. However, one of the primary problems impeding the market's quick expansion is the inflation of raw material prices.
The cloth-based segment held the largest share in 2023 and is estimated to grow at a CAGR of 5.15% throughout the projection period.
Based on the product type, the global kitchen towel market is categorized into cloth-based, paper-based, and others. Among these, the cloth-based segment held the largest share in 2023 and is estimated to grow at a CAGR of 5.15% throughout the projection period. Growth can be ascribed to its numerous advantageous qualities, including improved longevity, sustainability, affordability, and versatility for a range of culinary applications.
The residential segment accounted for the largest market share in 2023 and is estimated to grow at a CAGR of 4.28% throughout the projection period.
Based on the application, the global kitchen towel market is classified into commercial and residential. Among these, the residential segment accounted for the largest market share in 2023 and is estimated to grow at a CAGR of 4.28% throughout the projection period. The necessity for efficient cleaning and maintenance solutions in residences is what motivates the use of kitchen towels in domestic settings. With their many uses, including drying hands and dishes, wiping up spills, and preserving cleanliness, kitchen towels are a necessary component of daily kitchen tasks.
The online stores segment dominated the global kitchen towel market share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the global kitchen towel market is divided into supermarkets & hypermarkets, specialty stores, convenience stores, online stores, and others. Among these, the online store's segment dominated the global kitchen towel market share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. Online retailers have been increasingly popular in recent years due to the ease and accessibility they provide to customers. With the emergence of e-commerce sites like Amazon and Alibaba, customers can now more easily compare products, read reviews, and make well-informed judgments about what to buy from the comfort of their homes.
North America is anticipated to hold the largest share of the kitchen towel market over the predicted timeframe.
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North America is anticipated to hold the largest share of the kitchen towel market over the predicted timeframe. The demand for kitchen towels in this area is driven by high levels of disposable income and great consumer awareness of cleanliness and sanitation. Owing to the popularity of both online and offline shopping as well as a well-established retail infrastructure, the US industry is growing at a strong rate.
Asia Pacific is expected to grow at the fastest CAGR growth of the kitchen towel market during the forecast period. With an emphasis on customizing products to suit regional tastes and cultural quirks, the Asia Pacific market offers substantial prospects for growth and investment.
Major key players in the global kitchen towel market include Kimberly-Clark Corporation, Koch Industries, Inc., Towel Depot, Inc., WEPA Professional GmbH, Procter and Gamble Corporation, Wausau Paper Corp. (Tork US), Renova FPA SA, Rodriquez Pty. Ltd, Accrol Group Holdings Plc, Aldar Tissues Ltd., Essity AB, Towel & Linen Mills Ltd., Kruger Inc., Nova Tissue Ltd., and Others.
Recent Development
- In December 2023, Co-op introduced an exclusive line of kitchen towels composed of 100% recycled materials, including cardboard.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the kitchen towel market based on the below-mentioned segments:
Global Kitchen Towel Market, By Product Type
- Cloth-Based
- Paper-Based
- Others
Global Kitchen Towel Market, By Application
- Commercial
- Residential
Global Kitchen Towel Market, By Distribution Channel
- Supermarkets & Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Stores
- Others
Global Kitchen Towel Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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