The global wipes
market possesses a competitive vendor landscape. Key players
within the market are focusing largely on innovation and development
of their product portfolio, according to a recent research report by
Transparency Market Research (TMR). In order to survive competition,
players are also anticipated to strive for geographical expansion and
to achieve this most of them are participating in mergers and
acquisitions, partnerships, and collaborations. Leading players
within the market are strategically tapping on emerging economies.
Some of the leading players within the global wipes market are: S. C.
Johnson & Son, Kimberly-Clark Corporation, Procter & Gamble,
E.I. du Pont de Nemours, and PT. Asia Pacific Fortuna Sari.
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According to TMR,
the global wipes market will be worth US$44,580.7 by 2025, expanding
at a CAGR of 4.1% between 2017 and 2025. On the basis of application,
the household sector is leading and is anticipated to be worth
US$44,580.7 by 2025. By geography, Asia Pacific will be a promising
market for wipes. It is currently leading and is anticipated to
continue to do so for the rest of the forecast period. Rapid
industrialization and urbanization are some of the factors attributed
to the growth of the Asia Pacific wipes market. By product type, the
demand for disposable wipes will be greater than non-disposable
wipes. The disposable wipes segment is estimated to exhibit a 6.1
CAGR between 2017 and 2025.
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Report TOC @
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