The global wrapping tissues market, valued at US$ 1.38 billion in 2021, is projected to grow at a year-over-year rate of 4.3%, reaching US$ 1.44 billion in 2022. Looking ahead, the market is expected to maintain a compound annual growth rate (CAGR) of 4.1% from 2022 to 2032, ultimately achieving a valuation of US$ 2.15 billion by 2032.
Apart from customers showing interest in arts and craft, there is an utmost need for efficiently delivering products ordered via e-Commerce platforms, thereby making it inevitable to have packaging of good quality. The other factor contributing over here is attractive packaging, which is bound to enchant the customers.
On the other hand, wrapping tissues do not prove to be environmentally-friendly as they are coated or dried, which does render the decomposition procedure pretty complex. This factor may hamper the wrapping tissues market. As such, the key participants are trying hard to bring out the eco-friendly wrapping tissues. Barring this factor, the wrapping tissues market is expected to keep the cash registers ringing in the near future.
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Virgin pulp holds the largest market share. It’s actually a mixture of water and cellulose fibers and could be produced mechanically as well as chemically. The other reason behind virgin pulp being increasingly used is that the other two types – mixed pulp and de-inked pulp result in degradation of fiber with every cycle. After 4-6 recycling processes, fibers end up being so short and weak that they do not serve the purpose thereafter.
Companies like NASHVILLE WRAPS, IndiaMART InterMESH Ltd., and Alibaba.com are making an entry into the market with the objective of targeting retailers. There would thus be no stoppage to wrapping tissues market going forward.
Future Market Insights has entailed these facets with future perspectives in its latest market study entitled ‘Wrapping Tissues Market’. The team of analysts and consultants is there to execute through its 360-degree view in primary, secondary, and tertiary modes of research.
Key Takeaways from Wrapping Tissues Market
- North America holds the largest market share due to fierce competition amongst the packaging vendors. The consumers are showing more interest in arts and crafts. For instance – origami (one of the ancient art forms) has picked up pace amongst the art enthusiasts. The other application areas include hamper baskets, boxes, and gift bags.
- Europe stands second on this count and the status quo is expected to remain the same even going forward. Plus, Italy is known for its paper art forms.
- The Asia-Pacific is expected to grow on a substantial note in the wrapping tissues market in the forecast period. This could be attributed to customers preferring ec0-friendly art products.
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Competitive Tissues
- Cascades, in September 2019, did acquire assets of Orchid Paper Products. This acquisition would be helping the company in strengthening the geographical and operational position in this field.
- Cartiere Carrara, in January 2020, did acquire Carind S.r.l as well as CRC S.r.l, who are known for manufacturing sanitary products like napkins, hand towels, and toilet papers. Cartiere benefited from this acquisition through globalization and brand expansion.
- SCA, in December 2020, did announce that it started raising cost of bleached softwood sulfate pulp to US$ 960 per ton all over the Europe for addressing the demand for pulp in several markets.
- KP Tissue Inc., in February 2021, entered into partnership with Kruger Products L.P for starting their manufacturing facility at Sherbrooke. The product manufactured is TAD tissue machine with investment close to US$ 240 Million.
- Georgia-Pacific, in September 2020, did announce that it had started accepting mixed paper bales containing single-use PE-(polyethylene-) coated paper cups at recycled paper mills in Green Bay (Wisconsin) and Muskogee (Oklahoma). This came with a 2-year partnership with FPI (Foodservice Packaging Institute) and collaboration with NextGen Consortium.
How does the Report wrap up?
- The research study is based on base paper (wrapping tissues from virgin pulp, wrapping tissues from de-inked pulp, and wrapping tissues from mixed pulp), by distribution channel (wrapping tissues sales through store based retail and wrapping tissues sales through e-Commerce), and by end-use (wrapping tissues for commercial use and wrapping tissues for residential use).
- With growing demand for wrapping tissues in packaging, making kites, origami, and various other creative pursuits, the global wrapping tissues market is likely to grow exponentially in the near future.
Key Segments Covered in the Wrapping Tissues Market Study
Wrapping Tissues Market by Base Paper:
- Wrapping Tissues from Virgin Pulp
- Wrapping Tissues from De-inked Pulp
- Wrapping Tissues from Mixed Pulp
Wrapping Tissues Market by Distribution Channel:
- Wrapping Tissues Sales through Store Based Retail
- Wrapping Tissues Sales through E-Commerce
Wrapping Tissues Market by End Use:
- Wrapping Tissues for Commercial Use
- Wrapping Tissues for Residential Use
Wrapping Tissues Market by Region:
- North America Wrapping Tissues Market
- Latin America Wrapping Tissues Market
- Europe Wrapping Tissues Market
- Asia Pacific Wrapping Tissues Market
- Middle East and Africa Wrapping Tissues Market
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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