Global Wipes Market Report 2024: Size, Drivers, And Top Segments
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The wipes market has shown robust growth, rising from $21.18 billion in 2023 to $22.8 billion in 2024, with a compound annual growth rate (CAGR) of 7.6%. This growth in the historical period is attributed to strong economic growth in emerging markets, increased demand for specialty wipes and wet wipes, and the growth of end-user industries. Forecasts suggest continued strong growth, with the market projected to reach $30.74 billion in 2028, boasting a compound annual growth rate (CAGR) of 7.8%. This growth is fueled by the rise in hygiene awareness among consumers, increased utilization of wipes in healthcare and cleanroom industries, and rising adoption of industrial wipes due to technical advancements. Major trends in the forecast period include the focus on eco-friendly materials, development of multi-surface and disinfecting wipes, and investing in mergers and acquisitions to cater to various industry needs.
The increased demand for specialty wipes and wet wipes is a key factor driving the growth of the wipes market. Specialty wipes have multiple applications, from household to industrial including aerospace, while wet wipes can be used for various purposes such as cleansing, hygiene, and skincare among others. Wet wipes are one of the best hygienic options for cleaning babies as they are fragile on sensitive children’s bodies. Manufacturers such as Pigeon offer products for children, such as anti-mosquito wet tissues. These mosquito repellent wet tissues and wipes are used to avoid mosquito bites and infectious diseases like malaria, dengue, and other infections. These wipes can be easily carried to any place and used for both babies and adults for their sanitizing and easy cleaning benefits. Companies including Petkin, Wetnaps, and other national wet wipes companies are selling wet wipes for even pets. Therefore, the increased demand for specialty wipes is expected to drive the wipes market growth. In 2023, the market size for specialty wipes is projected to align with the rising demand, and by 2024 and 2028, this demand is poised to sustain the market’s growth trajectory.
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What Are The Key Trends That Influence Wipes Market Share Analysis?
Toxin-free baby wipes are emerging as a significant trend in the wipes market. These wipes, made from the purest clinical-grade filtered water and enriched with Aloe vera extracts and vitamin E, are designed to match the pH of newborns’ delicate skin. While primarily used for babies, they are also suitable for adults and the elderly. Bey Bee, an innovative child care brand, introduced India’s first toxin-free baby wipes. These wipes are available through major online retailers, including Amazon, Flipkart, Snapdeal, and Paytm.
Which Market Players Are Driving Growth In The Wipes Market?
Major companies operating in the market are Kimberly Clark Corporation, Essity AB, Procter and Gamble Co., Reckitt Benckiser Group plc, Unicharm International, NicePak International, Rockline Industries, Johnson & Johnson, The Clorox Company, Edgewell Personal Care, The Himalaya Drug Company, Sateri, Savlon (ITC), Little’s, MeeMee, LuvLap, Hengan, Vinda, C&S Paper and Dongshun, Shanghai Shimei Biotechnology Co. Ltd., Zhejiang Youquan Care Products Technology Co. Ltd., Shaoxing Wanhuangmei Nonwovens Co. Ltd., Ningbo Riway Daily Commodity, Anhui Yunzhiyu Daily Chemical Products, Shandong Gyrfalcon Business, Shaoxing Elite Bio-Tech Co. Ltd., Innovate GMBH, Optimum11 GMBH, Dr. Deppe Group, WHR, Temca GMBH, Optima nonwovens GMBH, PDI (EMEA), Wipertec, Turati, Vega SRL, O-PAC SRL, Stenago SRL, TAKEANDCARE, Drylock Technologies NV, Biosphere Corporation, SaneChem, Cotton Club, Medline Industries Inc, Unilever Group, 3M Co., Diamond Wipes International Inc., The Honest Company Inc., Fibertex, Indo Chem Laboratories, Zhermack, Arabian Wet Wipes FZC, Emirates Wetwipes, Quality Wipes, Care Wet Wipes, Shamsan Group, Batterjee Paper Products, Zulustar (Pty) Ltd., Validus Medical Pty Ltd., Wemy Industries, National Pride (Pty) Ltd.
How Is The Global Wipes Market Segmented?
The wipes market covered in this report is segmented –
1) By Type: Disposable wipes, Non-Disposable Wipes
2) By Product: Baby, Facial & Cosmetic, Hand & Body, Flushable, Other Products
3) By Application: Household Sector, Industrial Sector, Other Applications
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The Wipes Global Market Report 2024 provides an overview of the wipesmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The wipes market forecast analyzes wipes market size, wipes market share, leading competitor and their market positions.
The Table Of Content For The Wipes Market Include
1. Wipes Market Executive Summary
2. Wipes Market Segments
3. Wipes Market Size And Template Market Growth Rate
4. Key Wipes Market Trends
5. Major Wipes Market Drivers
……
25. Key Mergers And Acquisitions In The Wipes Market
26. Top Wipes Companies
27. Wipes Market Opportunities And Strategies
28. Wipes Market, Conclusions And Recommendations
29. Appendix
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