Global Paper Towel Dispenser Market 2017-2021
About Paper Towel Dispenser
Tissue paper is a lightweight paper, which has become an essential commodity of daily life. The tissue paper industry is broadly classified into two categories: at home, which is also known as consumer tissue; and away from home (AfH). The at home segment comprises of tissues that are used for domestic purposes, whereas the away from home segment comprises of tissues that are used for commercial and industrial purposes, such as hotels, restaurants, hospitals, and institutions. The away from home segment includes paper towels, toilet paper, napkins, facial tissue, dispensers, and tissue products that are used in working environments. The increase in demand for tissue paper and the increase in awareness of washroom hygiene will increase the demand for paper towel dispensers globally.
Technavio’s analysts forecast the global paper towel dispenser market to grow at a CAGR of 3.61% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global paper towel dispenser market for 2017-2021. To calculate the market size, the report considers the revenue generated from the worldwide retail sales of hand paper towel dispensers.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Paper Towel Dispenser Market 2017-2021
Technavio recognizes the following companies as the key players in the global paper towel dispenser market: Kimberly-Clark and SCA
Other Prominent Vendors in the market are: Franke, Bobrick Washroom Equipment, Georgia-Pacific, San Jamar, American Specialties, Cintas, Dolphin Solutions, Palmer Fixture, Jaquar, and Cascades.
Commenting on the report, an analyst from Technavio’s team said: “There has been an increase in the number of hand paper towel dispenser manufacturers. Both local and international manufacturers are introducing various products, thus giving many options to users. Hence, to distinguish their products, manufacturers are coming up with various variations. For instance, manufacturers have introduced hand paper towel dispensers with anti-bacterial coatings. Since, the c-fold paper towel gives out more towels than required, manufacturers have developed dispensers that use paper towel rolls instead. This type of dispenser dispenses only the required amount of paper towel thus, leading to lesser wastage of tissues. Additionally, since it cheaper to buy paper towel rolls with high capacity, users are demanding dispensers that can hold high capacity paper towels.”
According to the report, the increase in awareness about hygiene among consumers is one of the key drivers for the increase in demand for tissues globally. The various benefits offered by tissues in diverse purposes are the primary cause of their use by high numbers of hygiene-conscious consumers. Governments and large organizations are acting and promoting self-hygiene practices and increasing awareness about maintaining hygienic surroundings, especially in developing countries. These actions increase the acceptance of such hygiene products among consumers, which will help in the growing adoption of hygienic products in developing countries in the future. Similarly, the role of women is also changing, which leads to an increase in demand for hygiene products. To reach consumers, major vendors are marketing and promoting their products to create awareness among consumers, which is also increasing hygiene awareness. Thus, the increase in demand for hygiene products due to the increase in hygiene awareness has increased the demand for tissues and thus, has led to an increase in demand for paper towel dispensers globally.
Further, the report states that the paper and pulp industry is one of the largest contributors to global warming. Many countries worldwide have taken initiatives to invest in green technologies that have lesser negative impact on the environment. Though the use of paper is discouraged among private and government offices and public places in many economies, the consumption of paper has been increasing at a high rate worldwide. Though the market for hand dryers is growing significantly, paper towels are still the popular choice among end-users. On average, in the US, an office employee uses 2,400-3,000 paper towels at work in a year. Approximately 17 trees are cut down and over 20,000 gallons of water is consumed to produce 1 metric ton of paper towels. Further, paper towels add up to huge waste. For instance, discarded paper towels amount to about 254 million metric tons of trash every year in the US.
Kimberly-Clark SCA, Franke, Bobrick Washroom Equipment, Georgia-Pacific, San Jamar, American Specialties, Cintas, Dolphin Solutions, Palmer Fixture, Jaquar, Cascades.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook