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The paper towel dispenser market size has the potential to grow by USD 1.06 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by application (commercial and residential) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including American Specialties Inc., Bobrick Washroom Equipment Inc., Cascades Inc., Cintas Corp., Dolphin Solutions Ltd., FRANKE Holding AG, Jaquar Group, KEUCO GmbH & Co. KG, Kimberly-Clark Corp., and Palmer Fixture Co.
The market is fragmented. FRANKE Holding AG, Jaquar Group, KEUCO GmbH & Co. KG, Kimberly-Clark Corp., and Palmer Fixture Co. are some of the major market participants. Although the growing hygiene awareness among consumers will offer immense growth opportunities, the cost-effectiveness of hand dryers against paper towel dispensers will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this paper towel dispenser market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this paper towel dispenser market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
North America will offer several growth opportunities to market vendors during the forecast period. The increasing establishment of new buildings, especially commercial buildings, shopping malls, office buildings, and industries will significantly drive paper towel dispenser market growth in this region over the forecast period.
Almost 38% of the market’s growth will originate from North America during the forecast period. The US is the key market for paper towel dispensers in North America. Market growth in this region will be slower than the growth of the market in South America and MEA.
The paper towel dispenser market share growth by the commercial segment will be faster than the growth of the market by the residential segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the paper towel dispenser market size.
The increasing awareness about hygiene is inducing the demand for tissues in various developing countries such as India. Furthermore, along with international tissue manufacturers, local retail outlets are promoting their private brands, focusing on the benefits of using tissues to maintain personal hygiene. The other factor significantly responsible for the paper towel dispenser market growth is the rising influence of western culture on developing countries, primarily owing to globalization and the increasing consumer income.
The introduction of sensor-based paper towel dispensers is one of the key global paper towel dispenser market trends. Sensor paper towel dispenser automatically rolls out the paper towel when users place their hands in front of the sensor. Companies such as INNOVIA have already introduced INNOVIAWB-159S a smart sensor-based paper towel dispenser. Such innovative products are significantly being installed in commercial and corporate spaces. As a result of such factors, the paper towel dispenser market will register a CAGR of almost 5% during the forecast period.
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendors covered
Appendix
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