Paper Towels Market Growth - Global Industry Growth and Forecast – 2027
Market Forecast In 2019, the Global Paper Towels Market Growth was valued at USD 8.95 Billion . It is expected to record a CAGR of 5.3% between 2020 and 2026. The global demand for Paper Towels Market Growth has increased in the last couple of years. Rising awareness regarding personal hygiene has been one of the key factors for the growth of the Paper Towels Market Growth. Paper towels are biodegradable and recyclable. They are more convenient as compared to plastics and fabrics and are widely used both in the residential as well as the commercial & institutional sectors. Additionally, their easy availability, low cost, and better hygiene as compared to fabrics, are some of the other key factors that are increasing the consumers’ preference for paper towels over conventional material. Furthermore, rapid urbanization, rising income levels, and improved standards of living, especially in the emerging economies, have boosted the demand for paper towels from the residential segme