The Asia Pacific Toilet Paper Market would witness market growth of 5.8% CAGR during the forecast period (2021-2027).
Bathroom paper is still the most popular tissue, owing to its necessity and the general westernisation of toilet culture. Multinational manufacturers are seeing growing competition from emerging regional players as the developing world continues to capture a substantial share of sales. Although toilet paper is primarily used for one purpose, different varieties of toilet paper can be used to meet a variety of needs.
Manufacturers produce paper, which is made from a variety of trees, although not all of them are used. Toilet paper is typically created from "virgin" paper, which is manufactured from a blend of softwood and hardwood trees, with around 70% hardwood and 30% softwood.
According to the China National Household Paper Industry Association, the total production capacity of China-based prominent tissue paper companies such as Hengan Group, Gold Hongye Group, and Vinda Group was over 1.454 million tons per year, 1.72 million tons per year, and 1.22 million tons per year, respectively, in 2018. In addition, a big population in countries like China and India, as well as rising population standards of living, would drive the growth of the market in the next years. Additionally, napkins are commonly used in hotels when serving food. As a result, the industry is being driven by the region's developing chain of restaurants and hotels.
The China market dominated the Asia Pacific Toilet Paper Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2.8 billion by 2027. The Japan market is estimated to witness a CAGR of 5.2% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 6.5% during (2021 - 2027).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Type, the market is segmented into one-ply, Two-ply, and Others. Based on End User, the market is segmented into Commercial, and Residential. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Toilet Paper Market is Projected to reach USD 38.3 Billion by 2027, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kimberly-Clark Corporation, Essity Aktiebolag (publ), Procter and Gamble Company, Unilever PLC, Naturelle Consumer Products Ltd, Georgia-Pacific LLC (Koch Industries, Inc.), and Cascades, Inc.
By Distribution Channel
By Type
By End User
By Country
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