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Kitchen Towel - Global Market Trajectory & Analytics

  • ID: 5030165
  • Report
  • April 2021
  • Region: Global
  • 277 pages
  • Global Industry Analysts, Inc
Global Kitchen Towel Market to Reach $18.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Kitchen Towel estimated at US$13.5 Billion in the year 2020, is projected to reach a revised size of US$18.8 Billion by 2027, growing at a CAGR of 4.8% over the period 2020-2027. Cloth-Based, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$11.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Paper-Based segment is readjusted to a revised 5% CAGR for the next 7-year period.



The U.S. Market is Estimated at $3.7 Billion, While China is Forecast to Grow at 7.4% CAGR

The Kitchen Towel market in the U.S. is estimated at US$3.7 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2027 trailing a CAGR of 7.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

Select Competitors (Total 46 Featured):
  • Accrol Group Holdings plc
  • Aldar Tissues Ltd.
  • Kimberly-Clark Corporation
  • Koch Industries, Inc.
  • Renova Group
  • Rodriquez Pty. Ltd.
  • The Procter & Gamble Company
  • Towel Depot Inc.
  • Wausau Paper Corp.,
  • WEPA Professional GmbH
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown
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