The global wrapping tissue market size is expected to reach
USD 1.59 billion by 2025 expanding at a CAGR of 4.0%, according to a new report
by Grand View Research, Inc. Factors driving the market growth include rising
emphasis of manufacturers and resellers on better packaging and increasing
number of e-commerce participants. Moreover, buyers prefer goods packed in
attractive and high-quality packaging, which is likely to boost the demand for
wrapping tissues. Such tissues are used in packaging, making kites, and origami
art.
Moreover, growing consumer interest in arts
and crafts is steering the market. Instagram, Facebook, and other similar
platforms have created a fan following for origami and fancy gift wraps, which
is also driving the product demand. In addition, rapidly expanding fast food
market is contributing to the market growth. The fast food market is an
unorganized sector and runs on minimum possible resources; thus, to decrease
the overall costs, fast food providers prefer wrapping tissues over disposables
for packaging. North America is the largest regional market.
Asia Pacific is expected to be the
fastest-growing market during the forecast period owing to rapid growth in the
manufacturing sector and increasing population in emerging countries. However,
product threat to the environment may hinder market growth to some extent as
these tissues are not recyclable and are often dyed or coated, which makes the
procedure of decomposition complex. As per a recent finding 165 billion
packages are shipped in US each year, which leaves a tremendous amount of waste
including loads of wrapping tissue.
For full research report on Wrapping
Tissue Market visit here:
https://www.grandviewresearch.com/industry-analysis/wrapping-tissue-market
Further key
findings from the study suggest:
- In terms of revenue, virgin pulp product
segment is projected to lead the global market over the forecast years
- Commercial application segment led the
wrapping tissue market in 2018 accounting for a revenue share of around
60%
- Offline distribution channel held the maximum
share in 2018 and will maintain its dominant position in future. However,
online segment is projected to witness the fastest CAGR over the forecast
years
- U.S., Germany, U.K., China, India, Brazil, and
South Africa are the major countries with significant market shares
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/wrapping-tissue-market/request/rs1
Grand
View Research has segmented the global wrapping tissue market on the basis of
product, application, distribution channel, and region:
Wrapping
Tissue Product Outlook (Revenue, USD Million, 2015 - 2025)
- Virgin Pulp
- De-inked Pulp
- Mixed Pulp
Wrapping
Tissue Application Outlook (Revenue, USD Million, 2015 - 2025)
- Commercial
- Residential
Wrapping
Tissue Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
- Offline
- Online
Wrapping
Tissue Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- India
- Central & South
America
- Brazil
- Middle east &
Africa
- South Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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