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PORTLAND, OREGON, USA, March 30, 2022 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled ” toilet paper market by Type, End Use, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2028”, Global toilet paper market size was valued at $26.0 billion in 2020 and is projected to reach $39.5 billion by 2028 growing at a CAGR of 5.2% over the forecast period. The toilet paper industry is expected to present an incremental revenue opportunity of $13.4 billion from 2020 to 2028.

There has been a trend and substantial growth in the manufacture of personal hygiene products to prevent the spread of dirt, germs, bacteria and viruses. In developed countries and other parts of the world, toilet paper has gained popularity as an effective cleanser after defecation. It has been used in various commercial industries including hospitals, hotels, restaurants, shopping malls, offices, schools and colleges. Moreover, its popularity has gained traction in the countries.

There has been an increase in demand for toilet paper in several personal hygiene products due to its excellent absorbent quality as it has thick paper layers. Consumers are more and more inclined towards toilet paper, due to its low cost, which leads to an increase in market demand for different variants of toilet paper. However, toilet papers cause problems for adults who suffer from hemorrhoids or piles, and this factor is expected to hamper the growth of the toilet paper market.

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Main results of the study

By type, the monoply segment held the major share of 54.2% of the toilet paper market in 2020.
By end use, the commercial segment market was valued at $15.4 Billion in 2020 and is projected to reach $22.7 Billion by 2028.
By distribution channel, the online store segment has witnessed a significant growth rate during the forecast period.
By region, North America held the largest share and is expected to remain dominant throughout the forecast period.
The report provides a quantitative analysis of the current toilet paper market trends, estimates and size dynamics from 2021 to 2028 to identify prevailing opportunities.

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According to the CXOs, the global toilet paper market has witnessed considerable growth, owing to the rise of sanitary products in developing countries and the availability of abundant raw materials. The market is divided into organized and unorganized players. Organized players have a strong hold on the market and therefore constitute a strong barrier to entry for new market entrants. Building a brand in this market takes more than five to ten years. Creating a strong and extensive distribution network is a constant and time-consuming process. It takes many years to create such a network, and therefore, this network creation is a strong barrier to entry. Players in the organized sector benefit from their strong brand image and the existing distribution network in the toilet paper market.

Demand drivers in the global toilet paper market include rising consumer disposable income, surge in urbanization, growing shift from unbranded to branded products, and strong replacement demand. However, increasing cost of raw materials is expected to hamper the growth of the toilet paper market over the forecast period.

On an end-user basis, the commercial segment contributed the highest market share in 2020, accounting for nearly three-fifths of the global toilet paper market, and is expected to maintain its leading status throughout the period. forecast. However, the residential segment is expected to show the fastest CAGR of 5.7% from 2021 to 2028.

Based on region, North America accounted for the largest share in terms of revenue in 2020, contributing almost two-fifths of the total market share, and is expected to retain its dominant share by 2028. However, LAMEA is estimated to register the highest CAGR of 6.9% during the forecast period.

The major players of the global toilet paper market analyzed in the research are Caprice, Essity, Georgia-Pacific LLC, Naturelle Consumer Products LTD, Orchids Tissue Paper Products, P&G, Traidcraft, Kimberly – Clark Corporation, Unilever and Velvet CARE.

About Us

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. Allied Market Research CEO Pawan Kumar helps inspire and encourage everyone associated with the company to maintain high quality data and help clients in every way possible to achieve success. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.

David Correa
Allied Analytics LLP
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