Global Household Paper Market

Household Paper Market Size, Share, Growth Analysis, By Type(Paper Towels, Kitchen Rolls, Table Napkins and Others), By Distribution Channels(Online and Offline), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15Q2009 | Region: Global | Published Date: April, 2024
Pages: 184 | Tables: 61 | Figures: 77

Household Paper Market Insights

Global Household Paper Market size was valued at USD 44.86 Billion in 2022 and is poised to grow from USD 46.56 Billion in 2023 to USD 62.75 Billion by 2031, at a CAGR of 3.8% during the forecast period (2024-2031).

Increasing awareness of hygiene and sanitation among the people, health consciousness of consumers towards infectious diseases and allergies have been the major factors driving the growth of the industry. The market has witnessed significant growth in the last few years due to increased concerns about cleanliness and hygiene. In addition, increased advertising among health-conscious consumers creates opportunities during the forecast period. Furthermore, increased focus on waste disposal, proper food storage, hygiene and sanitation are some of the key factors driving the growth of household paper products the COVID-19 pandemic has positively affected the market due to due to the spread of coronavirus. The demand for household paper has suddenly gained momentum due to increased awareness of personal hygiene and sanitation and widespread use by people who consider it safe to use during an epidemic. Furthermore, increasing awareness about personal hygiene and hygiene due to the spread of COVID-19 virus is also expected to fuel the growth of this market in the coming years.

The growing trend of consumers towards eco-friendly and biodegradable household papers is fueling the market expansion during the forecast period. Increasing disposable income of the middle class and rapid urbanization has led to tremendous growth in the infrastructure leading to an increase in the demand for household paper products in the coming years. The growth of the household paper market will be stimulated significantly in the years as in the coming season. Increased investment by market players to produce new, environmentally friendly household papers is expected to further increase the sales of the industry. However, increasing global temperature due to intensive felling of trees for paper products and stringent regulations imposed by governments on global warming may restrain the growth of the market.

US Household Paper Market is poised to grow at sustainable CAGR for the next forecast year.

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Global Household Paper Market size was valued at USD 44.86 Billion in 2022 and is poised to grow from USD 46.56 Billion in 2023 to USD 62.75 Billion by 2031, at a CAGR of 3.8% during the forecast period (2024-2031).

To address growing demand, key players are concentrating on R&D and launching innovative recyclable and biodegradable household paper products. Also, major businesses are making investments and working with small manufacturers to expand the market and enhance production capacity. 'Procter & Gamble Co. (United States)', 'Kimberly-Clark Corporation (United States)', 'Georgia-Pacific LLC (United States)', 'Essity AB (Sweden)', 'SCA Group (Sweden)', 'Sofidel Group (Italy)', 'Cascades Inc. (Canada)', 'Metsä Tissue (Finland)', 'Kruger Products L.P. (Canada)', 'WEPA Group (Germany)', 'Svenska Cellulosa Aktiebolaget SCA (Sweden)', 'Hengan International Group Co., Ltd. (China)', 'Asia Pulp & Paper (Indonesia)', 'Vinda International Holdings Limited (China)', 'Oji Holdings Corporation (Japan)', 'Nippon Paper Industries Co., Ltd. (Japan)', 'Clearwater Paper Corporation (United States)', 'Industrie Cartarie Tronchetti S.p.A. (Italy)', 'Essendant Co. (United States)', 'Pudumjee Paper Products Ltd. (India)', 'C&S Paper Co., Ltd. (China)', 'Orient Paper Inc. (China)'

As the global population continues to grow and more people migrate to urban areas, the demand for household paper products increases. Urbanization often leads to smaller living spaces where convenience and hygiene are prioritized, driving the demand for products such as toilet paper, paper towels, and facial tissues.

Consumers are increasingly demanding household paper products that are eco-friendly, made from sustainable materials, and have minimal impact on the environment. This has led to a growing trend of using recycled paper, bamboo, and other sustainable materials in the production of household paper products. Manufacturers are also focusing on reducing the carbon footprint and improving the sustainability of their production processes.

Asia Pacific dominated the global market. This might be linked to increase in household paper product production and consumption due to urbanization and population growth in the region. The rise of this sector is also being fueled by an expanding working population and rising middle-class consumer disposable income.

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Global Household Paper Market

Report ID: SQMIG15Q2009

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