Global Wrapping Tissue Market Size To Worth USD 2.35 Billion By 2033 | CAGR Of 4.05%
Category: Consumer GoodsGlobal Wrapping Tissue Market Size To Worth USD 2.35 Billion By 2033 | CAGR Of 4.05%
According to a research report published by Spherical Insights & Consulting, the Global Wrapping Tissue Market Size is Estimated to Grow from USD 1.58 billion in 2023 to USD 2.35 billion by 2033, Growing at a CAGR of 4.05% during the forecast period 2023-2033.
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Browse key industry insights spread across 210 pages with 112 Market data tables and figures & charts from the report on the "Global Wrapping Tissue Market Size, Share, and COVID-19 Impact Analysis, By Product (Virgin Pulp, Mixed Pulp, and De-inked Pulp), By Application (Residential and Commercial), 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/wrapping-tissue-market
The industry that produces and distributes tissue paper for wrapping is referred to as the wrapping tissue market. This includes a range of wrapping tissue types, such as specialty, printed, and solid-colored wrapping tissues. These tissues are frequently used for personal use, business packaging, and present wrapping. One of the main drivers is the growing customer preference for packaging options that are both aesthetically beautiful and sustainable. During holidays and other special events, there is an especially obvious demand for premium wrapping tissue. In addition, the market expansion for wrapping tissue is greatly aided by the sustainability movement. Businesses and consumers are moving toward recyclable and sustainable packaging materials as a result of growing awareness of the negative environmental effects of packaging waste. Additionally, wrapping paper designs are integrating digital elements such as augmented reality and QR codes to improve customer engagement. However, strict regulations governing packaging materials and waste disposal can be challenges for manufacturers. Adherence to these guidelines may have an impact on market expansion and operating costs.
The virgin pulp segment accounted for the largest market share of 45.58% in 2023 and is expected to grow at a CAGR of 4.12% throughout the forecast period.
Based on the product, the global wrapping tissue market is classified into virgin pulp, mixed pulp, and de-inked pulp. Among these, the virgin pulp segment accounted for the largest market share of 45.58% in 2023 and is expected to grow at a CAGR of 4.12% throughout the forecast period. This is mostly because it contains high-quality fiber, which is ideal for making high-end wrapping tissues. Virgin pulp has more strength and brightness than recycled pulp since it is made directly from wood and other plant components. It is consequently a well-liked option for premium packaging solutions.
The commercial segment held the largest market share of 62.47% in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the application, the global wrapping tissue market is divided into residential and commercial. Among these, the commercial segment held the largest market share of 62.47% in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This is due to the increasing demand from a variety of commercial entities, including retailers, e-commerce companies, and several industries, including food and pharmaceuticals.
North America is anticipated to hold the largest share of the wrapping tissue market over the predicted timeframe.
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North America is anticipated to hold the largest share of the wrapping tissue market over the predicted timeframe. Market expansion is further supported by the region's strong presence of major market participants and well-established retail infrastructure. Furthermore, the growing popularity of sustainable and eco-friendly packaging options fits with North American consumer tastes and makes premium wrapping tissue more alluring.
Asia Pacific is expected to grow at the fastest CAGR growth of the wrapping tissue market during the forecast period. The market is driven by urbanization, growing disposable wealth, and shifting consumer preferences toward sustainable and high-end packaging options. It is anticipated that nations such as China, India, and Japan will play a significant role in the expansion of the regional market.
Major key players in the global wrapping tissue market include Flower City Tissue Mills Co, Innovative Packaging Group, Inc., Janhavi Enterprises, Shah Paperplast Industries Ltd., Twin Rivers Paper Company, I.M.A. Industria Macchine Automatiche S.p.A., MPI PAPERMILLS Inc., NASHVILLE WRAPS, Sakura Packaging Private Limited, Seaman Paper Co., Sonoco Products Company, Metsa Group, Resolute Forest Products Inc., Clearwater Paper Corporation, and Others.
Recent Development
- In November 2024, to celebrate the holiday season, KFC unveiled Lickable Wrapping Paper that was flavored with the Stuffing Stacker Burger. With its festive camo theme and depiction of the flavor of KFC's Original Recipe Chicken with cranberry sauce and aromatic onion stuffing spices, the red wrapping paper was created in partnership with London-based artist SOLDIER. Protective covers are placed over the lickable surfaces to ensure safe sampling. During a brief period, this product was only accessible online via the KFC Shop and was given away for free, while supplies lasted.
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 wrapping tissue market based on the below-mentioned segments:
Global Wrapping Tissue Market, By Product
- Virgin Pulp
- Mixed Pulp
- De-inked Pulp
Global Wrapping Tissue Market, By Application
- Residential
- Commercial
Global Wrapping Tissue 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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