Report ID: SQMIG25M2050
Report ID:
SQMIG25M2050 |
Region:
Global |
Published Date: October, 2024
Pages:
165
|
Tables:
91 |
Figures:
68
Bath Towel Market size was valued at USD 12.4 Billion in 2022 and is poised to grow from USD 13.2 Billion in 2023 to USD 21.2 Billion by 2031, growing at a CAGR of 6.1% in the forecast period (2024-2031).
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.
The global bath towel market is primarily driven by the growth of the hospitality industry. The booming hotel sector's increasing demand for premium bath towels has fueled the market expansion globally. In many hotels and spas, bath towels manufactured from various varieties of cotton, such as Turkish cotton, Egyptian or Pima cotton, and microfiber, are utilised. Another element driving the expansion of the bath towel market is the rising health and fitness club sector. The textile sector is predicted to grow faster than the bath towel market as a result of rising disposable income in emerging economies like China and India. Bath towels made of organic material are in greater demand as a result of consumers' growing eco-awareness. The bath towel market is being driven in part by the fast shifting fashion trends, rising hygiene awareness, and alterations in lifestyle.
US Bath Towel Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG25M2050