The Global Kitchen Towel Market Report by The Business Research Company covers kitchen towel market drivers and restraints, kitchen towel market size, major players, and the impact of COVID-19 on the kitchen towel market.
The kitchen towel market consists of sales of kitchen towels, it is a multi-functional product which is employed for a wide range of purposes, such as drying hands, keeping the kitchen spotless, and cleaning dishes, knives, cutting boards, and other kitchen items. The market consists of revenue generated by the Kitchen towel include all the equipment manufactured by utilizing of cotton, linen, microfiber and paper.
Due to the growing lifestyle needs of the rising urban population, demand for high quality home and personal care products has grown exponentially, thus driving the kitchen towels market.
The global kitchen towel market is expected to grow from $2.81 billion in 2020 to $2.95 billion in 2021 at a compound annual growth rate (CAGR) of 5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3.59 billion in 2025 at a CAGR of 5%.
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Some kitchen towel market trends include low cost manufacturing products. Private labels offerings low-cost manufacturing products that allow them to offer a wide range of products at competitive prices. As a result, they have a superior market penetration that has been affecting the other vendors in the market. Private brands account for nearly 80% of the market in Western Europe. Accrol is the leading supplier to the private label market, which is growing at over 8% year on year.
Global kitchen towel market segments include:
1) By Product: Cloth-Based, Paper-Based.
2) By End-Use Sector: Commercial, Residential.
3) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Stores, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Kitchen Towel Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides kitchen towel market overviews, analyzes and forecasts market size, share, kitchen towel market players, kitchen towel market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The kitchen towel market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Kitchen Towel Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Kimberly-Clark Corporation, Koch Industries, Inc., Procter and Gamble Corporation, WEPA Professional GmbH, Svenska Cellulosa Aktiebolaget, Wausau Paper Corp. (Tork US), Accrol Group Holdings Plc, Aldar Tissues, Rodriquez Pty, Towel Depot, Renova, Svenska, WEPO.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Kitchen Towel Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Kitchen Towel Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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