What is the present valuation and projected CAGR of the hand towel market?
The hand towel market size has grown strongly in recent years. It will grow from $3.06 billion in 2024 to $3.25 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to sanitation awareness, hospitality sector growth, household necessity, industrial and commercial demand, eco-friendly initiatives.
The hand towel market size is expected to see strong growth in the next few years. It will grow to $4.03 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to customization and personalization, innovation in material science, rising health and hygiene concerns, online retail and e-commerce, changing consumer lifestyles. Major trends in the forecast period include smart textiles and iot integration, sustainable and biodegradable materials, designer and fashionable towels, anti-microbial and anti-viral properties, subscription services.
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What key drivers have fueled the hand towel market’s development over the years?
The increasing awareness about hygiene in countries across the world is a key factor driving the growth of the hand towel market. Hygiene and sanitation are essential for preventing and controlling the spread of many dangerous human diseases, including cholera, diarrhea, ebola and recent coronavirus. Regular hand-washing with soap is one of the most effective ways of avoiding or reducing COVID-19 spread without a vaccine or cure. For instance, in May 2023, according to the United Nations International Children’s Emergency Fund, a US-based United Nations agency, in 2022, 3 out of 4 people had access to basic hygiene services. Therefore, the increasing awareness about hygiene across the countries is expected to drive the growth of the hand towel market.
What is the segmentation for the hand towel market?
The hand towel market covered in this report is segmented –
1) By Product Type: Rolled Paper Towels, Boxed Paper Towels, Multifold Paper Towel
2) By Distribution Channel: Super markets And Hyper markets, Convenience Stores, Specialty Stores, Online Channels, Other Distribution Channels
3) By Application: Residential, Commercial
Subsegments:
1) By Rolled Paper Towels: Center-Pull Paper Towels, C-Fold Paper Towels, Roll Paper Towels
2) By Boxed Paper Towels: Standard Boxed Paper Towels, Premium Boxed Paper Towels
3) By Multifold Paper Towels: Z-Fold Paper Towels, M-Fold Paper Towels
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Who are the most influential companies in the hand towel market?
Major companies operating in the hand towel market include Kimberly-Clark Corporation, The Procter & Gamble Company, Svenska Cellulosa Aktiebolaget SCA, Hengan International Group Company Limited, Vinda International Holdings Limited, Asaleo Care Limited, Sofidel S.p.A., Georgia-Pacific LLC, WEPA Group, Metsä Tissue Corporation, CMPC Tissue S.A., KP Tissue Inc., Cascades Inc., Asia Pulp & Paper Group (APP), Towel Depot Inc., Springs Global US Inc., 1888 Mills LLC, J.R. United Industries Inc., Sunvim Group Co. Ltd., Aldar Tissues, EverShine Textile Co. Ltd., Wausau Paper Corp., Nine Space LLC, Santens NV, Towel Manufacturer USA, GM Exports, Dunroven House Inc., QIANXIANG Textile Co. Ltd., Behrens Group, WHR GmbH, Laguna Beach Textile Company, Dock and Bay Ltd., Koch Industries Inc., Covenant Tex Co. Ltd., Trident Limited, Vardhman Textiles Limited
What are the top industry trends projected to impact the hand towel market?
The manufacturers of forest-friendly paper towels are gaining traction. Forest-friendly paper towels are those that are manufactured without cutting down forests. These papers are made from a mixture of bamboo and sugarcane. For instance, Who Gives A Crap, a paper towel manufacturer specializing in environmentally friendly, zero-waste, safe, and plastic-free household products, manufactures environmentally friendly paper kitchen towels that are made of tree-free products and give value for money. They are super durable 2-ply towels that can clean up very well.
What are the major regional insights for the hand towel market, and which region holds the top position?
Asia-Pacific was the largest region in the hand towel market in 2023. North America was the second largest region in the hand towel market. The regions covered in the hand towel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Hand Towel Market Report 2025 Offer?
The hand towel market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A hand towel refers to a rectangular piece of absorbent paper made from tissue paper instead of cloth. Paper towels soak up water because they are loosely woven, which enables water to travel between them even against gravity (capillary effect). Paper towels can be individually packed (as stacks of folded towels or held coiled) or come in rolls. Paper towels have similar purposes to conventional towels, such as drying hands, wiping the hands or face, wiping windows, dusting, and cleaning up spills.
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