Hand Towels Market:
WiseGuyReports.com adds “Hand Towels Global Market Report 2020-30” reports to its database.
Executive Summary
The global hand towel market is expected to grow from $3.4 billion in 2019 to about $5.1 billion in 2020 as there is an increased awareness about hygiene and use of disposables towels due to the Covid-19 pandemic across the globe. People are preferring disposable paper towels over the reusable cloth ones to curb the spread of infection. The market is expected to stabilize and reach $4.4 billion at a CAGR of 7.2% through 2023.
The hand towel market consists of sales of hand towel, which is a rectangular piece of absorbent paper made from tissue paper instead of cloth. Paper towels soak up water because they are loosely woven which enables water to travel between them, even against gravity (capillary effect). Paper towels can be individually packed (as stacks of folded towels or held coiled) or come in rolls. Paper towels have similar purposes to conventional towels, such as drying hands, wiping the hands or face,windows, dusting, and cleaning up spills.
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In September 2019, Cascades, a leading Canadian company that manufactures packaging and tissue products acquired the assets of Orchids Paper Products for $207 million in cash. This acquisition will benefit Cascades in it's strategic long term growth plan in tissue platform. It will enhance the ability to serve customers, increase the quality of the products, and improve the profitability of the company. Orchids Paper Products is a consumer products company based out of the USA that produces and markets paper towels, bathroom tissue, paper napkins, and other related products.
The global hand towels market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. North America was the largest region in the hand towels market in 2019.
The hand towel market covered in this report is sgmented by product type into rolled paper towels, boxed paper towels, multifold paper towel and by application into residential, commercial.
The increasing awareness about hygiene in countries across the world is a key factor driving the growth of the hand towels market. Hygiene and sanitation are essential for preventing and controlling the spread of many dangerous human diseases including cholera, diarrhoea, Ebola and now Coronavirus. Regular hand-washing with soap is one of the most effective ways of avoiding or reducing COVID-19 spread without vaccine or cure. A recent poll has indicated that French citizens might be at high risk for viral infections in the form of coronavirus (Covid-19) due to a lack of good hygiene practices. Therefore, the increasing awareness about hygiene in the developing countries is expected to drive the growth of the hand towels market.
The manufacture of forest-friendly paper towels are gaining traction. Forest-friendly paper towels are those that are manufatured without the cutting down of forests. These papers are made from a mixture of bamboo and sugarcane. For instance, Who Gives A Crap, specializing in environmentally friendly, zero waste, safe and plastic-free household products manufactures environmentally friendly paper kitchen towels that are made of tree-free products and give value to money. They are super durable 2-ply towels that can clean-up very well.
The commercial places such as hotels, restaurants and workplaces are replacing hand towels with hand dryers, restraining the growth of hand towels market. The growing environmental concern to save trees led to adoption of hanf dryers replacing hand towels as they require enourmous amount of pulp from the trees to manufacture hand towels. according to the study by The Slate and Climate conservancy, using hand dryers is a greener choice and emit less greenhouse gases that emits 9 to 40 grams of carbon dioxide when compared with hand towels, which emits 56 grams of carbon dioxide.
Major players in the hand towel market are Kimberly-Clark, Procter & Gamble, SCA, Hengan, Vinda, Asaleo Care, Sofidel, Georgia-Pacific, WEPA, and Metsa Tissue.
Continuous…
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Hand Sanitizers Market:WiseGuyReports.com adds “Global Hand Sanitizers Market Size, Status and Forecast 2020-2030” reports to its database.Executive SummaryThe global hand sanitizers market is expected to grow from $1.52 billion in 2019 and to $3.04 billion in 2020.
The markable growth is mainly due to the COVID-19 outbreak and the surge in the demand for hand sanitizers as a measure to contain it.
Asia Pacific is expected to be the fastest growing region in the forecast period.Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/5357993-hand-sanitizers-global-market-report-2020-30-covidThe expansion of production capacities and revamp of companies to meet the higher demand for hand Sanitizers is a major trend shaping the Sanitizers industry.
Moreover, companies such as Radio Khaitan and Bacardi, manufacturers of alcoholic drinks have turned into Sanitizer producer amid the COVID19 outbreak.
Thus, the occupational risk of exposure to chemicals during the production of chemical-based Sanitizers is forecast to restrict the development of the Sanitizers market over the forecast period.In March 2020, Agritek Holdings, Inc., USA-based active investor and operator in the legal cannabis sector, announced the acquisition of Full Spectrum Biosciences Inc. including New product line of RehabRx CBG infused hand Sanitizers.
With COVID19 outbreak the Full Spectrum Biosciences Inc. is to launch cannabinoid-infused, aloe-based hand Sanitizer products containing CBG or cannabigerol.
New York, NY 01 Mar 2021: The global hand dryer market is anticipated to reach around $1,930 million by 2026 according to a new research published by Polaris Market Research.
Growing concerns regarding environment, increasing need to reduce energy consumption, and growing need for energy efficient equipment support the growth of hand dryer market during the forecast period.
Other factors supporting market growth include growing need to reduce wastage of water and paper, increasing awareness, and technological advancements.
Furthermore, increasing investments by vendors in technological advancements coupled with research and development further boost the hand dryer market growth.
Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/hand-dryer-market/request-for-sample The demand for advanced and energy efficient hand dryers has increased over the years owing to increasing energy concerns, and environment consciousness across the globe.
The increasing awareness among consumers regarding use of energy efficient and smart technology further boosts the adoption of hand dryers.
The global hand dryer market is anticipated to reach around $1,930 million by 2026 according to a new research published by Polaris Market Research.
In 2017, the jet air hand dryer segment dominated the global market, in terms of revenue.
Growing concerns regarding environment, increasing need to reduce energy consumption, and growing need for energy efficient equipment support the growth of hand dryer market during the forecast period.
There has been an increasing demand of hand dryers from hotels and restaurants, airports, shopping malls, railway stations, and commercial buildings among others has increased adoption of hand dryers in the recent past.
Other factors supporting market growth include growing need to reduce wastage of water and paper, increasing awareness, and technological advancements.
Furthermore, increasing investments by vendors in technological advancements coupled with research and development further boost the hand dryer market growth.
