Tuesday, 02 January 2024 12:17 GMT

Wipes Market Expected To Reach $33.2 Billion By 2029, According To Exclusive Report From The Business Research Company


(MENAFN- EIN Presswire) EINPresswire/ -- The wipes market has witnessed robust expansion recently, reflecting a growing consumer focus on hygiene and convenience. As innovations continue to emerge and demand rises across various sectors, this market is set for significant progress in the coming years. Below, we explore the current market size, key growth drivers, regional trends, and other important factors shaping the wipes industry.

Market Size and Growth Outlook in the Wipes Market

The wipes market growth has shown strong momentum, with its value expected to increase from $22.65 billion in 2024 to $24.16 billion in 2025, representing a compound annual growth rate (CAGR) of 6.7%. Looking ahead, this upward trend is projected to continue, with the market reaching $33.2 billion by 2029 at an accelerated CAGR of 8.3%. This expansion is driven by several factors including heightened consumer awareness of hygiene, broader usage of wipes in healthcare and cleanroom sectors, and rising preference for industrial wipes enhanced by technological improvements.

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Emerging Trends Influencing the Wipes Market

Sustainability is becoming a major focus within the wipes market, with companies investing in the use of eco-friendly raw materials to produce biodegradable wipes. There is also a push toward developing reusable wipes to minimize waste and promote environmental responsibility. In addition, innovations involve creating multi-surface wipes designed for frequently touched areas, and disinfecting wipes that capitalize on increased public emphasis on thorough surface cleaning.

Additional trends include the development of toxin-free baby wipes tailored for sensitive newborn skin and pocket-sized antibacterial wipes that offer convenience for on-the-go sanitation. Furthermore, industry players are actively engaging in mergers and acquisitions to diversify their product offerings and strengthen their market presence across various sectors.

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Understanding What Wipes Are
Wipes are typically single-use disposable products or made from materials that can be easily rinsed and sanitized. Their primary function is to clean surfaces, especially in food preparation areas, where they must be stored in sanitizing solutions. They are often utilized as antiseptic fabrics, mainly intended for cleansing skin efficiently and hygienically.

Key Factors Fueling Demand in the Wipes Market
One major contributor to market growth is the increasing demand for specialty and wet wipes. Specialty wipes serve a broad range of uses, from household cleaning to industrial applications such as aerospace. Wet wipes provide multiple benefits including cleansing, hygiene maintenance, and skincare. Their gentle nature makes them particularly suitable for babies, offering a hygienic cleaning solution.

For example, brands like Pigeon manufacture anti-mosquito wet tissues designed to protect babies from harmful insect bites and diseases like malaria and dengue. These wipes are portable and convenient, making them ideal for both infants and adults who require easy sanitization. In addition, companies such as Petkin and Wetnaps offer wet wipes specially formulated for pets, demonstrating the market's expansion into diverse consumer needs. This growing specialty wipes segment is a key driver of overall market growth.

Regional Landscape and Market Distribution for Wipes
In 2024, Asia-Pacific held the largest share of the global wipes market, reflecting strong regional demand. North America followed as the second-largest market. The wipes market report covers a broad geographic scope, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, providing a detailed view of global trends and growth opportunities across these regions.

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