Europe Tissue and Hygiene Paper Market Is Estimated To Witness High Growth
The Europe Tissue and Hygiene Paper market is estimated to be valued at US$ 50.55 Bn in 2021 and is expected to exhibit a CAGR of 1.62% over the forecast period (2022-2030), as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The Europe Tissue and Hygiene Paper market primarily includes products such as tissue paper, sanitary napkins, diapers, and wipes, which are used for personal hygiene and household purposes. These products are essential for maintaining cleanliness and preventing the spread of diseases. The increasing population and growing awareness about personal hygiene are driving the demand for tissue and hygiene paper products in Europe. Moreover, the rise in disposable income and changing lifestyle preferences are further contributing to market growth. The market offers a wide range of products with various functionalities, including anti-bacterial, soothing, and moisturizing properties, which cater to the specific needs of consumers.
Key Takeaways:
The Europe Tissue and Hygiene Paper market is expected to witness moderate growth, exhibiting a CAGR of 1.62% over the forecast period of 2022-2030, due to the increasing awareness about hygiene and the presence of key players. Europe is the fastest-growing and dominating region in the market, driven by the high disposable income of consumers, strict hygiene regulations, and advanced healthcare infrastructure. Key players operating in the Europe Tissue and Hygiene Paper market include Sofidel Group, Kimberly-Clark Corporation, WEPA Industrie Holding SE, Metsä Group, Industrie Cartarie Tronchetti SpA, Lucart SpA, Essity AB, Renova, Procter & Gamble, Cartiere Carrara SpA, Industrie Celtex SpA, Johnson & Johnson Services Inc., Ontex Group, Tosama D.O.O, and Drylock Technologies NV. These companies have a strong market presence, established brand reputation, and are continuously investing in research and development to enhance their product portfolio.
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