The global tissue papers market is anticipated to grow at a significant CAGR 5% during the forecast period (2022-2028). The rapid urbanization coupled with rising disposable income is rising the need for personal care and sanitary items for maintaining hygiene and cleanliness which in turn driving the tissue papers market. According to the data published by UNCTAD in 2021, the share of the urban population increased to 56.2% in 2020. In developed economies, 79.0% of people live in cities. As per the data published by United Nations Organization, the global population is projected to increase by 2 billion persons in the next 30 years from 7.7 billion in 2020 to 9.7 billion in 2050 and could peak at nearly 11 billion around 2100. The growth has been driven by increasing urbanization and accelerating migration. 61.0% of the global population lives in Asia, 17.0% in Africa, 10.0% in Europe, 8.0% in Latin America, and the remaining 5.0% in Northern America. Moreover, as per the data published by Statistics Canada, the share of disposable income for the household in the lowest quintile increased from 6.1% in the first quarter to a high of 7.2% in the second quarter of 2020.
The growing application of tissue paper in restaurants owing to the increase in the number of hotels coupled with increasing travelers are anticipated to drive the growth of the global tissue papers market. According to the data published by India Brand Equity Foundation (IBEF) 2022, the foreign tourist arrivals in India had stood at 10.93 million in 2019. Between January 2021 and April 2021, the foreign tourist arrivals accounted for 376,083. Further, by 2028, international tourist arrivals are projected to reach 30.5 billion and generate revenue of over $ 59 billion. In addition, international hotel chains are surging their presence in the country and are anticipated to account for 47.0% share in the tourism and hospitality sector in India by 2020 and 50.0% by 2022. Moreover, the Indian hotel market including domestic inbound and outbound is estimated at $32 billion in 2020 and is projected to reach $52 billion by 2027, driven by surging demand from travelers.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Raw Material
- By Product Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Unicharm Corp., CMPC Tissue SA, and Hengan Group among others
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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Global Tissue Papers Market Report by Segment
By Raw Material
- Bleached Softwood Kraft Pulp (BSK)
- Birch Hardwood Kraft Pulp (BHK)
- High Yield Pulp (HYP)
By Product Type
- Paper Napkins
- Paper Towels
- Bathroom Tissues
By Application
- Household
- Commercial
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