The Kitchen Towel Global Market Report 2023 by The Business Research Company, provides kitchen towel market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
Learn More On The Kitchen Towel Market:
https://www.thebusinessresearchcompany.com/report/kitchen-towel-global-market-report
According to The Business Research Company’s Kitchen Towel Global Market Report 2023, the market size is expected to grow from$2.43 billion in 2022 to $2.55 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global kitchen towel market is expected to grow to $3.01 billion in 2027 at a CAGR of 4.2%.
Due to the growing lifestyle needs of the rising urban population, demand for high-quality home and personal care products has grown exponentially, thus driving the growth of the kitchen towels market.
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The kitchen towel market is segmented:
1) By Product: Cloth-Based, Paper-Based
2) By End-Use Sector: Commercial, Residentia
3) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Stores, Other Distribution Channel
Private labels offer low-cost manufacturing products that allow them to offer a wide range of products at competitive prices. As a result, they have a superior market penetration that has been affecting the other vendors in the market. Private brands account for nearly 80% of the market in Western Europe. Accrol is the leading supplier to the private label market, which is growing at over 8% year on year. Innovation and constant marketing within this market are of utmost importance. The emerging trends within this segment such as increased absorption, new prints, and environmentally friendly goods have been adopted by private labels.
The kitchen towel market report table of contents includes:
1. Executive Summary
2. Kitchen Towel Market Characteristics
3. Kitchen Towel Market Trends And Strategies
4. Kitchen Towel Market – Macro Economic Scenario
5. Kitchen Towel Market Size And Growth
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26. Africa Kitchen Towel Market
27. Kitchen Towel Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Kitchen Towel Market
29. Kitchen Towel Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Kimberly-Clark Corporation
- Koch Industries, Inc
- Procter & Gamble Corporation
- WEPA Professional GmbH
- Svenska Cellulosa Aktiebolaget
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