According to a new report, published by KBV research, The Global Personal Care Wipes Market size is expected to reach $32.6 billion by 2030, rising at a market growth of 6.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,574.8 million units, experiencing a growth of 7.4% (2019-2022).
The Baby segment is leading the Global Personal Care Wipes Market, by Type in 2022; thereby, achieving a market value of $12.4 Billion by 2030. Personal care wipes designed for the baby segment typically feature gentle formulations that are hypoallergenic, fragrance-free, and free from harsh chemicals. The emphasis on providing a safe and nurturing cleansing experience for babies contributes to the popularity of these wipes among parents. Thus, these factors will boost the demand in the segment.
The Specialty Store segment is experiencing a CAGR of 5.7% during (2023 - 2030). Specialty stores are known for offering a diverse range of personal care wipes that cater to specific needs and preferences. These stores curate their product selection to include wipes with specialized formulations, ingredients, or features, providing consumers with various options beyond standard wipes available in general retail outlets. Owing to these factors, there will be increased growth in the segment.
Full Report: https://www.kbvresearch.com/personal-care-wipes-market/
The Europe region dominated the Global Personal Care Wipes Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $11.0 Billion by 2030. The Asia Pacific region is poised to grow a CAGR of 6.6% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 5.7% during (2023 - 2030).
By Type (Volume, Million Units, USD Billion, 2019-2030)
By Distribution Channel (Volume, Million Units, USD Billion, 2019-2030)
By Geography (Volume, Million Units, USD Billion, 2019-2030)