Global Folded Tissues Market Sales to Increase 1.4X by 2030 end

The folded tissues market has been witnessing a moderate growth rate over the past 5 years on the back of price pressure, heightened competition, trending premiumisation of brands & private labels across the regions. The overall sales of folded tissues was pegged at more than US$ ~45.1 Bn in 2019 and is anticipated to grow 1.4x times over the forecast period (2020-2030). The novel coronavirus pandemic has created a huge supply-demand gap of folded tissues due to heightening demand for health and hygiene products coupled with complete lockdown in potential coronavirus hotspots.

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Furthermore, increasing number of household buyers and per capita consumption of folded tissues has presented market entry opportunities to several domestic players. These players are now offering cost effective products to attract potential consumers. Based on the aforementioned factors, the global folded tissues market is projected to play a pivotal role for new revenue streams and amplified profit margins across the value chain.

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Global Folded Tissues Market: In-Depth Assessment on Key Segments

The global folded tissues market is segmented on the basis of fold, pricing range, application, end use, distribution channel, and region.

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The global folded tissues market is poised to witness a positive u-shaped growth curve between 2019 and 2022 and expected to witness a significant demand during this period owing to ongoing COVID-19 pandemic. Premiumisation of private labels and brands and emerging trends across the retail & consumer goods sector is anticipated to highly impact the demand of hygiene products such folded tissues in coming years, says a Fact.MR analyst.

Industry Giants on Path to Find Collaborative Value Addition, Says Fact.MR

The global folded tissues market includes some of the key industry giants, but tier 2 and other players have also maintained their customer base and operating margins at regional and domestic levels. Tier 1 players, such as Kimberly-Clark Corporation, Essity Aktiebolag, and Procter & Gamble Co. cater to around two-fifths of the total demand in worldwide folded tissues industry.

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Currently, industry frontrunners and niche players are focusing on obviating some of the key challenges such as fierce competition, collaboration with local players, and supply chain disruptions to retain market hegemony and gain organic growth rate in coming years.

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