The Business Research Company’s Hand Towels Global Market Report 2020-30: Covid 19 Implications and Growth. The report covers market size, key players, market share and trends to 2030.
Hand Towels Global Market Report 2020-30: Covid 19 Implications and Growth is one of a series of new reports from The Business Research Company that provide Hand Towels market overviews, analyze and forecast market size and growth for the whole market, Hand Towels market segments and geographies, Hand Towels market trends, Hand Towels market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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The hand towel market consists of sales of hand towel, which is 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,windows, dusting, and cleaning up spills.
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The global hand towel market is expected to grow from $3.4 billion in 2019 to about $5.1 billion in 2020 as there is an increased awareness about hygiene and use of disposables towels due to the Covid-19 pandemic across the globe. People are preferring disposable paper towels over the reusable cloth ones to curb the spread of infection. The market is expected to stabilize and reach $4.4 billion at a CAGR of 7.2% through 2023.
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