Global General Purpose Wipes Industry: Market Player, Price, Revenue, Share, Trends and Forecast Until 2022

Posted on 2018-06-05 by Mark Hub in Retail // 0 Comments

Fact.MR

Dublin 2, Ireland, 2018-Jun-05 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of general purpose wipes market. The study is titled as “General Purpose Wipes Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global general purpose wipes market.

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General purpose wipes are ideal for the cleaning and the maintenance in both industrial and institutional settings. With an improving global economy and a spurt in the manufacturing activities all over the world, there is a huge demand for general purpose wipes. The main characteristics of general purpose wipes are that they are easy to use, can be easily disposed and reduce the risk of cross contamination. As the consumers presently are becoming aware of the environmental problems and solid waste generation, manufacturers are making such type of wipes that are biodegradable and can be disposed easily without having an adverse impact on the environment. One of the major drivers contributing to the increased demand of the general purpose wipes is the accelerated pace of industrial manufacturing. Also, in the year 2013, the Environmental Protection Agency of United States declared the solvent contaminated disposable wipes as non-hazardous solid waste, thereby increasing their use and making them competitive against reusable shop towels. Besides their industrial uses, general purpose wipes are also used in healthcare settings and food service industries to prevent infections and cross contaminations.

The global general purpose wipes market is slated to touch a value of nearly US$ 1,450 Mn in the year 2022 and grow at a moderate CAGR during the assessment period.

3 Forecast Highlights on Global General Purpose Wipes Market

1. As per the forecast of Fact.MR, the anti-static wipe segment is slated to touch a value of nearly US$ 160 Mn in the year 2022. This represents a robust CAGR growth during the assessment period of 2017-2022. The anti-static wipe segment is estimated to account for more than one-tenth of the revenue share of the product type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.

2. As per the forecast of Fact.MR, the paper material type segment will reach a value of nearly US$ 300 Mn in the year 2017. This represents a moderate CAGR growth during the forecast period. The paper material type segment is estimated to account for more than one-fourth of the revenue share of the material type segment in the year 2017 end and is expected to gain market share by the end of the year 2022.

3. As per the forecast of Fact.MR, the modern trade segment is slated to reach a value of nearly US$ 475 Mn in 2022. The modern trade segment is expected to gain some market value by the end of the year 2022. The largest share is contributed by the Europe region in the modern trade segment.

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Cloth Material Type Segment to exhibit a CAGR of 4.5% During the Assessment Period

As per the forecast of Fact.MR, the cloth material type segment is slated to touch a figure of nearly US$ 540 Mn in the year 2022. This represents a CAGR of 4.5% during the assessment period from 2017 till the year 2022. This segment is expected to lose market share by the end of the year 2022. The cloth material type segment is expected to account for more than one-third of the revenue share of the material type segment by the year 2017.

Abrasive Surface Wipe Segment Poised to Touch a Value of Nearly US$ 160 Mn in 2022

As per the forecast of Fact.MR, the abrasive surface wipe segment is expected to reach a value of nearly US$ 160 Mn in the year 2022. This represents a moderate CAGR during the forecast period of 2017-2022. Abrasive surface wipe segment is expected to account for more than one-tenth of the revenue share of the product type segment by the year 2017 and is expected to lose market share by the end of the year 2022.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global general purpose wipes market through 2022, which include Johnson & Johnson, Procter & Gamble, Kimberly-Clark, Svenska Cellulosa Aktiebolaget SCA, Unicharm, Burt’s Bees, Cotton Babies Inc., Farlin Infant Product Corporation, First Quality Enterprises, Hengan International Group Company Limited, Himalaya Wellness Drug Company, Pigeon Corporation and Sebapharma GmbH & Co. KG.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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