Household Paper Market size is expected to reach USD 55.37 billion by 2028

 Household Paper Industry Overview

The global household paper market size was valued at USD 42.27 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 3.9% from 2022 to 2028.

 

This can be credited to the increasing awareness regarding hygiene and cleanliness among people. Rising health consciousness among consumers regarding infectious allergies and diseases has been a major boosting factor for the industry’s growth. The market has shown significant growth over the last few years owing to increased concerns about cleanliness and hygiene. Additionally, increasing advertence amongst the health-conscious consumers generates an opportunity over the forecast period. Also increased focus on disposable garbage, safe storage of food, and cleanliness of sanitary are some of the prime factors for the growth of household paper products. 

 

Gather more insights about the market drivers, restrains and growth of the Global Household Paper Market

 

The COVID-19 pandemic positively impacted the market owing to the spread of the coronavirus. The demand for household paper gained sudden traction due to the rise in consumption among the people who consider it safer to use during the pandemic due to increased awareness about personal cleanliness and sanitization. Besides, rising awareness about personal hygiene and health due to the spread of the COVID-19 virus is also projected to propel the growth of this market in the coming years.

 

The growing inclination of consumers towards eco-friendly and biodegradable household paper products is propelling the market expansion over the forecast period. Increasing disposable income of the middle-class population and rapid urbanization led to substantial infrastructural developments resulting in the increase in demand for household paper products in future years. Furthermore, an increase in demand for sustainable and eco-friendly household paper products is expected to generate more opportunities in this industry, thus significantly stimulating the growth of the household paper market in the coming years.

 

Increasing investments by the market players to introduce new eco-friendly household paper products are further anticipated to boost the industry sales. However, increasing global warming owing to the rampant cutting of trees for the manufacturing of paper products and intensifying stringent regulations by governments regarding global warming may restrict the market growth during the forecast period.

 

Browse through Grand View Research's Homecare & Décor Industry Research Reports

  • Kids Storage Furniture Market: The global kids storage furniture market size was valued at USD 10.86 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 20.3% from 2023 to 2030.
  • Candle Market: The global candle market size was valued at USD 12.88 billion in 2022 and is expected to register a compound annual growth rate (CAGR) of 5.7% from 2023 to 2030.

 

Key Companies Profile

Some prominent players operating in the global household paper market include:

  • Procter & Gamble (Cascade)
  • Kimberly - Clark
  • Essity
  • Kirkland Signature (Costco)
  • Georgia- Pacific
  • Solaris Paper
  • Seventh Generation
  • Charmin Paper

 

Order a free sample PDF of Household Paper Market Intelligence Study, published by Grand View Research. 

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