Global Kitchen Towel Market Overview:
Kitchen towels are towels that utilize in the kitchen that appears to be sufficiently basic and planned to be utilized all around the kitchen, and during quite a few situations which make them generally flexible. The Kitchen towel is generally made from cotton to make them soft and delicate to absorb and enough to withstand rehashed utilization and washings. They are normally very thick and fixed on the closures, giving them greater support. These towels are for multi-functional purposes such as drying hands, keeping the kitchen unblemished, and cleaning dishes, and other kitchen items. The kitchen towel is made from cotton, linen, and microfiber. The benefits provided by these towels are ready for daily use, unbeatable durability, and unbeatable quality for a fair price.
- Increase in demand for high-quality home and personal care products
- Increasing disposable incomes is catalyzing the demand for personal care products
- Inflation in raw material prices
- Forces like demand and supply of raw materials affect costs which impact selling prices when combined with energy and transport costs
- Expansion of product line with the launching massive range of products
- Using advanced technologies, including Through Air Dried (TAD), to produce kitchen towels
- Increasing the use of kitchen towels in the emerging countries
The leading players in the market understand that there is a number of companies present in the market and they are launching the new product line to capture the market share. The leading companies also, with the technology combination make new product launches in the market to avail competitive advantage.
Some of the key players profiled in the report are Kimberly-Clark Corporation (United States), Koch Industries, Inc. (United States), Procter and Gamble Corporation (United States), WEPA Professional GmbH (Germany), Svenska Cellulosa Aktiebolaget (Sweden), Wausau Paper Corp. (Tork US) (United States), Accrol Group Holdings Plc (United Kingdom), Aldar Tissues (Ireland), Rodriquez Pty (Australia) and Towel Depot (United States). Additionally, following companies can also be profiled that are part of our coverage like Renova (Japan), Svenska (Sweden) and WEPO (Switzerland). Analyst at AMA Research see United States Vendors to retain maximum share of Global Kitchen Towel market by 2026. Considering Market by By Distribution Channels, the sub-segment i.e. Supermarkets and Hypermarkets will boost the Kitchen Towel market.
To eliminate the unsightly mess caused by stacks of paper hand towels or soggy linen towels on restroom countertops, Kimberly-Clark Professional has introduced a Kleenex brand premium hand towel in a pop-up box with a water-resistant coating for commercial properties without permanent towel dispensers or for those that need to supplement existing hand towel dispenser capacity.
What Can be Explored with the Kitchen Towel Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Kitchen Towel Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Kitchen Towel
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Kitchen Towel market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Kitchen Towel market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Industrial Associations, Raw Material Suppliers, Supplier Associations, Government Regulatory Bodies and Product Manufacturers.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Kitchen Towel Market?
The Kitchen Towel market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Kitchen Towel Market?
Top performing companies in the Global Kitchen Towel market are Kimberly-Clark Corporation (United States), Koch Industries, Inc. (United States), Procter and Gamble Corporation (United States), WEPA Professional GmbH (Germany), Svenska Cellulosa Aktiebolaget (Sweden), Wausau Paper Corp. (Tork US) (United States), Accrol Group Holdings Plc (United Kingdom), Aldar Tissues (Ireland), Rodriquez Pty (Australia) and Towel Depot (United States), to name a few.
3. What trending factors would impact Kitchen Towel Market growth most?
"Growing lifestyle needs of the rising urban population
" is seen as one of major influencing trends for Kitchen Towel Market during projected period 2020-2026.