Report : Asia-Pacific Wipes Market Forecast to 2027 - Covid-19 Impact and Regional Analysis by Type (Baby Wipes, Facial Wipes, Moist Flushable Wipes, Household Wipes, and Others); Distribution Channel (Supermarket and Hypermarket, Convenience Stores, Online, and Others)
Boom in personal care industryto drive AsiaPacific wipes market at CAGR of 13.8%
According to the latest study on “Asia-Pacific Wipes Market Forecast to 2030 – Covid-19 Impact and Analysis- by Type (Baby Wipes, Facial Wipes, Moist Flushable Wipes, Household Wipes, and Others); Distribution Channel (Supermarket and Hypermarket, Convenience Stores, Online, and Others), and Country,”The Asia-Pacific Wipes market is accounted to US$ 3,073.9Mn in 2018 and is expected to grow at a CAGR of 13.8%during 2019–2030, to account to US$ 13,961.1Mn by 2030. The report provides understanding on the key driving factors pertaining to the market growth and highlights the prominent players in the market along with their developments.
Wipesare small moist cloth pieces that are used for cleaning surfaces. Wipes serves a number of personal and household purposes. Baby wipes, makeup removal wipes, cooling wipes, perfume wipes, body wipes, medical wipes, general cleaning wipes, pet wipes, intimate wipes, deodorant wipes, nail polish removal wipes, and antibacterial wipes are among various types of wipes that are commercially available for use. These wipes used for light rubbing or friction wiping to remove dirt or liquid from the surface. They benefit by facilitating a convenient way of maintaining personal hygiene. Using wipes is quicker and easier than the alternative of dispensing a liquid and using another cloth or paper towel to clean or remove dust. High disposable income and rising purchasing power are the factors enabling consumers to spend more on personal care products. Also, the growth of personal industries in developed and developing regions propels the demand for personal care products such as facial and baby wipes. Moreover, rising concerns related to personal hygiene and increasing influence of social media, as well as other promotional media, have increased consumer awareness about health and hygiene products. This has significantly driven the demand for personal care products,including baby wipes, facial wipes, moist flushable wipes, and household wipes.
However, Wipesare small moist cloth pieces that are used for cleaning surfaces. Wipes serves a number of personal and household purposes. Baby wipes, makeup removal wipes, cooling wipes, perfume wipes, body wipes, medical wipes, general cleaning wipes, pet wipes, intimate wipes, deodorant wipes, nail polish removal wipes, and antibacterial wipes are among various types of wipes that are commercially available for use. These wipes used for light rubbing or friction wiping to remove dirt or liquid from the surface. They benefit by facilitating a convenient way of maintaining personal hygiene. Using wipes is quicker and easier than the alternative of dispensing a liquid and using another cloth or paper towel to clean or remove dust. High disposable income and rising purchasing power are the factors enabling consumers to spend more on personal care products. Also, the growth of personal industries in developed and developing regions propels the demand for personal care products such as facial andbaby wipes. Moreover, rising concerns related to personal hygiene and increasing influence of social media, as well as other promotional media, have increased consumer awareness about health and hygiene products. This has significantly driven the demand for personal care products,including baby wipes, facial wipes, moist flushable wipes, and household wipes..
Recently, the World Health Organization (WHO) has announced the outbreak of COVID-19, the novel form of a disease caused by the virus SARS-CoV-2, as a pandemic. This outbreak started in December 2019 in Wuhan, China, and later, it turned into pandemic, causing thousands of deaths worldwide. Disinfectant wipes are mainly used in the medical sector, hotels and restaurants, schools, and colleges for disinfecting the surfaces. Thus, disinfectant wipes and sanitizers are used on a large scale as a precautionary measure to fight against this pandemic. As of March 2020, China, Italy, Iran, Spain, republic of Korea, France, Germany, and the US are among the worst affected countries in terms confirmed cases and reported deaths. The pandemic has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. China is the global hub of manufacturing and largest raw material supplier for various industries. The lockdown of various plants and factories in China is affecting the global supply chains and negatively impacting the manufacturing and delivery schedules, and sales of various goods in different regions, including Asia Pacific. The consumer goods industry is one of the major industries in Asia Pacific suffering serious consequences in the form of supply chain disruptions, technology events cancellations, office shutdowns, etc.The COVID-19 is anticipated to result in the loss of more than US$ 3 billion lives in AsiaPacific during the overall period of this pandemic. The consequence and impact would worsen depending on the spread of the virus. The governments of various countries in AsiaPacific are taking possible initiatives to reduce its effect by enforcing lockdowns, which is however impacting their revenues generated through various markets.
The AsiaPacific wipes market is concentrated with several well-established players. A few of the key players in this market includeareReckitt Benckiser Group Plc., Procter & Gamble, The Clorox Company, ContacInc., Diamond Wipes International Inc., DuPont de Nemours, Inc., Rockline Industries Inc., Kimberly-Clark Corporation, Nice-Pak Products, Inc., and S.C. Johnson & Son.
Asia-Pacific Wipes Market Revenue and Forecast to 2027
The report segments the Asia-Pacific wipesmarket as follows:
Wipes Market, by Type
- Baby Wipes
- Facial Wipes
- Moist Flushable Wipes
- Household Wipes
- Others
WipesMarket, by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Asia-Pacific WipesMarket – By Country
- China
- Australia
- India
- Japan
- South Korea
- Rest of APAC
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