Market revenue in 2022 | USD 27,072.3 million |
Market revenue in 2030 | USD 36,555.5 million |
Growth rate | 3.8% (CAGR from 2022 to 2030) |
Largest segment | Household/disinfectant/cleaning wipes |
Fastest growing segment | Intimate Wipes |
Historical data covered | 2017 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Baby Wipes, Facial & Cosmetic Wipes, Hand & Body Wipes, Intimate Wipes, Flushable Wet Wipe, Household/Disinfectant/Cleaning Wipes |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wet wipes market will help companies and investors design strategic landscapes.
Household/disinfectant/cleaning wipes was the largest segment with a revenue share of 28.92% in 2022. Horizon Databook has segmented the Global wet wipes market based on baby wipes, facial & cosmetic wipes, hand & body wipes, intimate wipes, flushable wet wipe, household/disinfectant/cleaning wipes covering the revenue growth of each sub-segment from 2017 to 2030.
The increasing spending capability of consumers due to a rise in disposable income is a major factor triggering the growth of the wet wipes market. One of the major reasons for this growth is the increase in the number of working women, which in turn, has led to a rise in disposable income primarily in the emerging economies of Asia Pacific, Central & South America, and the Middle East & Africa.
Furthermore, increased disposable income has led to high spending on baby care products. Working females spend a large part of their income on personal care and grooming. Thus, the growing participation of women in the workforce in developing regions such as Asia Pacific and the Middle East and Africa has been widening the growth opportunity for wet wipes. Rising awareness regarding personal hygiene.
Horizon Databook provides a detailed overview of global-level data and insights on the Global wet wipes market , including forecasts for subscribers. This global databook contains high-level insights into Global wet wipes market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Type | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
North America | 5,586.6 | 5,992.8 | 6,205.0 | 10,854.0 | 9,655.7 | 9,783.0 | 9,941.3 | 10,134.7 | 10,375.1 | 10,647.1 | 10,967.3 | 11,339.6 | 11,753.7 | 12,238.8 | 2.8% |
Europe | 3,395.1 | 3,656.6 | 3,801.6 | 6,677.4 | 5,965.2 | 6,069.6 | 6,194.4 | 6,342.7 | 6,522.0 | 6,723.2 | 6,957.1 | 7,226.7 | 7,525.9 | 7,874.1 | 3.3% |
Asia Pacific | 4,758.8 | 5,212.2 | 5,510.0 | 9,839.9 | 8,936.2 | 9,242.5 | 9,587.0 | 9,976.1 | 10,424.1 | 10,918.3 | 11,478.7 | 12,112.8 | 12,813.6 | 13,616.9 | 5.0% |
Latin America | 403.4 | 441.3 | 465.9 | 830.9 | 753.7 | 778.6 | 806.6 | 838.4 | 875.0 | 915.5 | 961.4 | 1,013.4 | 1,070.9 | 1,136.9 | 4.9% |
MEA | 636.6 | 692.8 | 727.8 | 1,291.6 | 1,165.9 | 1,198.6 | 1,236.0 | 1,278.7 | 1,328.5 | 1,383.7 | 1,446.7 | 1,518.4 | 1,597.6 | 1,688.9 | 4.4% |
Overall | 14,780.6 | 15,995.6 | 16,710.4 | 29,493.8 | 26,476.6 | 27,072.3 | 27,765.3 | 28,570.5 | 29,524.8 | 30,587.7 | 31,811.2 | 33,210.8 | 34,761.8 | 36,555.5 | 3.8% |
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