Compressed Tablet Towel Market: Introduction
- Compressed tablet towel also known as miniature towel is a fiber towel which is reduced into a smaller shape and size, making it easy to carry and use. When water is added over a tablet the towel expands and regains its original shape. Most commonly the towel’s size after expanding could be 30*30 cm. This towel is ecofriendly and disposable and usually made of cotton. Compressed tablet towels are used in hotels, restaurants, beauty salons, cafes, etc. It is expected that the compressed tablet towel market will witness growth during the forecast period.
Key Drivers and Opportunities of the Global Compressed Tablet Towel Market
- Rise in popularity of fine dining throughout the worldwide as well as the expanding number of restaurants and hotels, are major drivers of the global compressed tablet towel market. Moreover, rise in standard of living as a result of increase in disposable income of consumers, mostly in developing countries such as China, and India, is expected to increase the demand for compressed tablet towels.
- Global warming and changing weather conditions have led to increase in several diseases. This rise in diseases has increased awareness about health and hygiene among consumers. Consumers are shifting toward clean and hygienic lifestyles. Consumers will require hygienic products to practice such habits. This will help to propel the demand for compressed tablet towels.
- Compressed tablet towels are mostly made from cotton which is soft, enables moisture absorption, is alcohol free, and suitable for sensitive skin. Moreover, compressed tablet towels are lightweight, compact, portable, and ease to use. These factors will help to drive the growth of the global compressed tablet towel market during the forecast period
Restraints of the Global Compressed Tablet Towel Market
- Compressed tablet towels are commonly manufactured from cotton. Heavy rains and other natural disasters reduce the quality of cotton which results in high fluctuation in the price of cotton. These factors are likely to impact the growth of the compressed tablet towel market during the forecast period.
Asia Pacific to Hold Major Share of the Global Compressed Tablet Towel Market
- In terms of region, the global compressed tablet towel market can be divided into North America, Europe, Asia Pacific, Middle & East Africa, and South America.
- Asia Pacific is expected to hold a major share of the market during the forecast period as construction of restaurants, hotels and spas have increased rapidly. Moreover, countries in Asia Pacific such as China and India, have huge population. Rising standard of living of this population is expected to further contribute significantly to the demand for compressed tablet towels from the region during the forecast period.
Key Players Operating in the Global Compressed Tablet Towel Market
The global compressed tablet towel market is highly fragmented, with a number of small and medium scale companies operating in local and regional markets. Online marketing, and multichannel distribution and sale are major strategies of industry participants.
Major players operating in the global compressed tablet towel market includes:
- Hangzhou Linan Huasheng Daily Necessities Co., Ltd
- Qingdao Green Konka Food Co., Ltd
- Wysi Wipes
- Swaroop Industry
- Hangzhou Gspmed Medical Appliances Co., Ltd.
Global Compressed Tablet Towel Market: Research Scope
Global Compressed Tablet Towel Market, by Price
Global Compressed Tablet Towel Market, by End-user
- Hotels and Restaurants
- Spas and Beauty Salons
- Other (Cafes, etc.)
Global Compressed Tablet Towel Market, by Distribution Channel
- E- commerce Websites
- Company Owned Websites
- Hypermarket & Supermarket
- Specialty Stores
- Other Retail Stores
Global Compressed Tablet Towel Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America