Wipes Market was worth US$ xx million in 2020, and it is estimated to reach a valuation of US$ xx million by the end of 2025, growing at a considerable CAGR.
Wipe means cleaning the surface by rubbing something on the surface. Wipes, also known as towels or towel wallets, or in certain circumstances wet wipes are small plastic or damp cloths that fold for comfort and are individually wrapped. Wet wipes are used for cleaning purposes, such as personal hygiene and household cleaning.
Recent Developments in Wipes Market:
July 2018: Betz & Betz LLC announced the launch of a unique cloth with the product name "CleanBuds". CleanBuds can be used to remove dust, wax or other dirty particles from headphones and Bluetooth listening devices.
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July 2018: Mother Sparsh launched the first organic baby wipes in India. These wipes are made of 100% vegetable fabric, are dermatologically tested and are soft for baby skin.
The Wipes has witnessed rapid growth in recent years worldwide. Some of the key characteristics of products that affect market growth are cost, convenience, hygiene, performance, ease of use, time savings, disposables, safety regulation, and consumer-centered aesthetics.
The wipes are paper, tissue paper or non-woven materials that are used to rub lightly or to remove dirt or liquids from the surface. Wipes are used to remove dust particles, fluids and clean the surroundings. With the increase in the adoption of wipes in industrial and consumer applications, together with modernization and increased customer awareness, the demand for wipes is expected to increase significantly worldwide. Wipes meet requirements remarkably due to the convenience provided by many applications. For example, the use of household cleaning wipes gives you a much faster and easier option than dispensing liquid detergent with a cleaning product such as a mop, thus reducing the manual effort and the time required to complete the task. There is another reason for a higher demand for wipes due to modernization and more significant concern about cross-contamination by infections acquired in hospitals. Harmful food bacteria, such as E. coli, have promoted the sale of disinfectant wipes in health centers, commercial spaces, manufacturing plants and throughout the home. Wipes are mainly used to reduce the need for water and save time.
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All these benefits resulted in increasing sales in the global wipes market.
Meanwhile, by using non-biodegradable materials to make disposable wipes, they are under the scrutiny of an environmentalist. Many countries with strict policies and environmental protection standards have begun to demand products of biological origin.
Wipes from all over the world market are segmented according to criteria such as the type of product, application, materials and cleaning tools.
By Type of Product: The global wipes market has been divided into disposable wipes and non-disposable wipes. The disposable wipe segment currently dominates the market and is expected to remain the most popular variety of products during the forecast period of the report, representing an annual compound rate of 6.1%. Despite being the most popular sector, the use of non-biodegradable materials for the manufacture of disposable wipes is under the radar of environmental protectors, and countries with strict environmental protection standards increasingly demand biologically based products. To maintain their strength in these local markets, the companies are innovating its products using recycled fibers, natural ingredients, and biodegradable materials.
By Material: The global wipes market is separated as woven and non-woven.
By Cleaning Tools: The global wipes business is divided into sourcing pads, scrubbers and sponges, brooms and mops, and cleaning brushes.
By applications of the wipes, the furniture sector has the largest market share in 2018, with an increase in the number of wipes and other cleaning products users for household cleaning and hygiene purposes.
From a geographical perspective, this report examines the global wipe market in regions such as North America, Latin America, Europe, Asia Pacific and the Middle East and Africa.
The North American and European markets are highly established and profitable, and there are several vital suppliers in the wipes market. In the review period, these regional markets represented more than half of the global share, even if it represented only a small part of the world's population. The Asia-Pacific market occupied the dominant role in terms of revenue and was valued at US$ 9314.1 million in the same year. The demand for wipes is predicted to remain stable in the Asia-Pacific region in the coming years due to factors such as a rapid increase in the urban environment, the fast pace of development in the industrial sector and an increase in disposable income.
Johnson & Son is growing in demand for organic products without side effects on the skin and wipes without chemicals.
C. Johnson & Son
Procter & Gamble
I. du Pont de Nemours and Company
Reckitt Benckiser Group plc
Asia Pacific Fortuna Sari
Nice-Pak and Robinson Healthcare Limited