Personal Care Wipes Market Size Is Expected To Reach USD 23.1 Billion, Expanding At A CAGR Of 5.6% By 2025 | Radiant Insights, Inc

Personal Care Wipes Market Size Is Expected To Reach USD 23.1 Billion, Expanding At A CAGR Of 5.6% By 2025 | Radiant Insights, Inc

Radiant Insights, Inc
Radiant Insights has announced the addition of “Personal Care Wipes Market Size, Share & Trends Analysis Report By Product Type (Baby, Facial & Cosmetic, Hand & Body), By Distribution Channel (Supermarket, Convenience Stores, E-commerce), And Segment Forecasts, 2019 – 2025″ Market Research report to their database.

The global personal care wipes market size is expected to reach USD 23.1 billion by 2025, expanding at a CAGR of 5.6%, according to a new report by Radiant Insights, Inc. Several characteristics such as convenience, performance, ease of use, time saving, disposability, safety/regulation, and consumer-centric aesthetics are driving product demand. Moreover, growing population andhygiene awareness are the key factors responsible for the market growth.

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Sudden rise in the infant population, rapid growth in urbanization, high disposable income of female consumers, and surge in hygiene consciousness among consumers are having a positive impact on the market growth. Over the past one decade, various kinds of wipes have been introduced such as intimate, wet, flushable, feminine, and scented owing to their diversified applications. Growing concerns pertaining to beauty among men and women and constant increase in air pollution are also driving the demand for the products.

Convenience and effectiveness of these products have slowly diminished the usage of traditional cleansing means. Facial and hand and body wipes are of various kinds, such as wet, hygienic, intimate, and fragrance. Wet wipes are the perfect solutions in many life situations. They can be used as a cleaning tool frequently during water scarcity and unavailability, which is a serious problem in many countries. Additionally, portability of these variants enables all types of users to easily maintain and raise personal and environmental hygiene standards and eventually reduce the risk of cross contamination.

North America emerged as the largest regional market in 2018 owing to growing demand in hygiene and household applications. In 2018, U.S. was the largest market accounting for 61.0% share due to growing demand by the U.S. population for the products that can provide convenience, save time, and still give the same cleaning result. Cost of raising a baby is high in U.S. as baby diapers and wipes are used frequently when taking care of a baby. Due to scarcity of water in many places of U.S., wipes are often used for the purpose of cleaning in restaurants, hotels, and washrooms, thereby making it the largest market.

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Further key findings from the study suggest:

• In terms of revenue, the baby wipes segment is projected to expand at a CAGR of 5.5% over the forecast period

• Products sold through the convenience stores accounted for 30.4% share of the overall revenue in 2018

• U.S., China, Germany, Brazil, and South Africa are the major countries with the largest market in their respective regions.

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Country: United States