February 03, 2022 09:05 ET | Source: Arizton Advisory and Intelligence Arizton Advisory and Intelligence
Chicago, Feb. 03, 2022 (GLOBE NEWSWIRE) --
The U.S. wipes market size is expected to grow at a CAGR of over 6.5% during the period 2021−2027.
Key Highlights Offered in the Report:
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U.S. Wipes Market – Segmentation
U.S. Wipes Market by Product
U.S. Wipes Market by Type
U.S. Wipes Market by Application
U.S. Wipes Market by Wipe Fabric Technology
U.S. Wipes Market by Distribution Channel
U.S. Wipes Market – Dynamics
Product innovation plays a vital role in gaining consumer attention. With the incorporation of the latest innovative techniques in product segments, various products are being enhanced in terms of designing, composition, and features. This, in turn, has increased the demand for wipes among consumers. The COVID-19 pandemic has increased the demand for wipes exponentially. This has resulted in higher product development among companies to counter and control the outbreak of infectious diseases. Vendors are increasingly emphasizing the changing needs of the hour, the features offered, and the composition of these products. Pre-impregnated disinfecting wipes and ready-to-use disinfecting wipes are gaining widespread use in the domestic and food service industries. With the increasing number of infectious diseases, the use of disinfectant wipes in healthcare centers and hospitals is gaining traction. Easy application and acceptable compliance are expected to increase their use among several end-users.
Key Drivers and Trends fueling Market Growth:
U.S. Wipes Market – Geography
The increasing demand for wipes for multiple purposes such as cleaning and disinfecting across multiple commercial establishments, such as hospitals, restaurants, and hotels, is likely to contribute to the market's growth. Hospitality, household, and healthcare are the key sectors driving the economy of the Southern US region. Hence, these sectors are likely to accelerate the demand for wipes across the region significantly. The Southern region accounts for the highest population in the US. The number of residential housing units is increasing at a rapid pace in major states such as Texas, Florida, Georgia, Carolina, Arizona, and Oklahoma. Therefore, the demand for various types of wipes, such as household, personal care, and others, is expected to grow at a higher CAGR in the region.
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