Overview and Scope
Consumer products-paper, plastics, rubber, wood, and textiles refer to finished goods purchased by individuals or households for their own consumption. Consumer products-paper, plastics, rubber, wood, and textiles are used by buyers for consumption and are not for resale.
Sizing and Forecast
The consumer products – paper, plastics, rubber, wood and textile market size has grown strongly in recent years. It will grow from $62.69 billion in 2023 to $66.21 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to global urbanization, smart home adoption, e-commerce growth, consumer lifestyle changes, obsolescence and upgrades, product miniaturization, environmental considerations..
The consumer products – paper, plastics, rubber, wood and textile market size is expected to see strong growth in the next few years. It will grow to $85.94 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to sustainability and circular economy, electric vehicles and charging infrastructure, cybersecurity concerns, subscription services, customization and personalization.. Major trends in the forecast period include advancements in wearable technology, integration of artificial intelligence (ai), 5g connectivity in consumer devices, expansion of the internet of things (iot), flexible and foldable displays..
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Segmentation & Regional Insights
The consumer products – paper, plastics, rubber, wood and textile market covered in this report is segmented –
1) By Product Type: Wood Products, Paper Products, Plastic and Rubber Products, Furniture
2) By Distribution Channel: Online, Offline
3) By Application: Construction, Manufacture, Industry, Other Applications
Asia-Pacific was the largest region in the consumer products – paper, plastics, rubber, wood and textile market in 2023. The regions covered in the consumer products – paper, plastics, rubber, wood and textile market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rising growth of the clothing industry is expected to boost the growth of consumer products-paper, plastics, rubber, wood, and textiles market going forward. The clothing industry refers to all companies that are involved in designing, producing, and selling clothing. Clothes are made from textiles such as cotton, silk, denim, flannel, hemp, and other materials, hence rising growth of the textile industry is expected to boost the market. For instance, according to the UK Fashion and Textile Association, a UK-based association, the fashion and textile industry contributes almost $21.73bn (£20bn ) to the UK economy. Therefore, the rising growth of the clothing industry is driving the growth of consumer products-paper, plastics, rubber, wood, and textiles market.
Key Industry Players
Major companies operating in the consumer products—paper, plastics, rubber, wood, and textiles market are focusing on innovative technologies such as sustainable coated paper technology to drive revenues in their market. Sustainable coated paper technology is environmentally friendly and ecologically responsible method and material used in the production of coated paper. For instance, in May 2021, Dunn Paper Company, a US-based company specializing in the manufacturing of specialty papers launched BiOrigin. BiOrigin uses the barrier and containment technology, the fluorocarbon-free product platform, which is devoid of styrene and chromium. The product uses bio-based coatings to meet certification standards for renewability, recyclability, and compostability and it is a specialty paper that is bio-based free and PFAS-free. BiOrigin is a plastic substitute manufactured from renewable resources that is intended to provide improved functionality for a far safer and more environmentally friendly packaging option.
The consumer products – paper, plastics, rubber, wood and textile market report table of contents includes:
1. Executive Summary
2. Consumer Products – Paper, Plastics, Rubber, Wood And Textile Market Characteristics
3. Consumer Products – Paper, Plastics, Rubber, Wood And Textile Market Trends And Strategies
4. Consumer Products – Paper, Plastics, Rubber, Wood And Textile Market – Macro Economic Scenario
5. Global Consumer Products – Paper, Plastics, Rubber, Wood And Textile Market Size and Growth
…
31. Global Consumer Products – Paper, Plastics, Rubber, Wood And Textile Market Competitive Benchmarking
32. Global Consumer Products – Paper, Plastics, Rubber, Wood And Textile Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Consumer Products – Paper, Plastics, Rubber, Wood And Textile Market
34. Consumer Products – Paper, Plastics, Rubber, Wood And Textile Market Future Outlook and Potential Analysis
35. Appendix
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