![Global Bath Towel Market](https://res.cloudinary.com/devmoveo/image/upload/v1706015511/skyquest/report/phpEBiu2f.jpg)
Report ID: SQMIG25M2050
Report ID:
SQMIG25M2050 |
Region:
Global |
Published Date: July, 2036
Pages:
165
|
Tables:
91 |
Figures:
68
North America held the highest share of the global bath towel market in 2021 because of its advanced healthcare system, expanding fitness sector, and expanding food and beverage business. One of the primary factors driving the growth of the bath towel market in North America is the widespread use of towels to maintain personal hygiene in restaurants, hotels, hospitals, clinics, and gyms & fitness clubs.
The expanding population in developing nations like China and India would cause the towel market in the Asia Pacific region to grow quickly over the forecast period. The need for towels in commercial applications, which is anticipated to develop at a high rate in the coming years, is boosted by expanding industries including healthcare and hospitality. The Asia Pacific region's enormous population, rising per capita income, and government-sponsored hygiene programmes are the main drivers of the towel industry there. Another element driving market expansion in the region is an increase in textile exports from Asia to various parts of the world as a result of favourable government assistance and the region's advantage of low labour costs. Additionally, the increased urbanisation of Asian nations is raising living standards and driving up demand for bathroom and house textiles.
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REQUEST FREE CUSTOMIZATIONBath Towel Market was valued at USD 4860 billion in the year 2021, and it is expected to reach USD 5,171.04 billion by 2031, increasing at a CAGR of 6.4% from 2022 to 2028. Bath Towels are still a crucial fashion accessory and a consistent source of cash for the industry. Bath Towels have recently risen in popularity as one of the most coveted personal items all around the world. The availability, prominence, and desirability of different bath towels have increased their wide acceptance and potent performance.
Top Players in the Bath Towel Market 'GM Exports (India)', 'Nine Space (The U.S.)', 'Sunvim (China)', 'Dunroven House (The U.S.)', 'QIANXIANG (China)', 'Kimberly-Clark (The U.S.)', 'Procter & Gamble (The U.S.)', 'Behrens Group (UK)', 'WHR Gmbh (Germany)', 'Laguna Beach Textile Company (The U.S.)', 'Dock and Bay (UK)', 'Koch Industries (The U.S.)'
Growing consumer expenditure on personal care and home goods is influenced by population increase and rising per capita income, which is what drives the bath towel market expansion globally. Some characteristics or benefits of a towel include its strength, cost effectiveness, water resistance, and light weight, which contribute to its high demand across the globe. Towel usage is predicted to increase in hospitals, hotels, restaurants, and fitness facilities, which will continue to drive market expansion.
Governments in nations like China and India support textile businesses through a variety of programmes and financial investments. It benefits the bath towel market.
North America held the highest share of the bath towel market in 2021 because of its advanced healthcare system, expanding fitness sector, and expanding food and beverage business. One of the primary factors driving the growth of the bath towel market in North America is the widespread use of towels to maintain personal hygiene in restaurants, hotels, hospitals, clinics, and gyms & fitness clubs.
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Report ID: SQMIG25M2050