Bamboo Paper Towels Market Size, Share, Growth, and Industry Growth by Type (Rolled Paper Towels, Boxed Paper Towels and Others) By Application (Household, Restaurant, Hotel and Others) and Regional Forecast to 2031

Updated On: 08 April 2024

Bamboo Paper Towels Market REPORT OVERVIEW

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The global bamboo paper towels market size expanded rapidly in 2022. As per our research, the market is expected to generate substantial revenue by 2031, exhibiting a high CAGR during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the bamboo paper towels market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.   

Paper towels manufactured from bamboo are incredibly soft and produced from bamboo trees. Either cotton and bamboo yarns are used to make bamboo paper towels, or bamboo yarn is used alone. Compared to cotton towels and towels made of other materials, they are more environmentally friendly, softer, and more absorbent. These towels also include anti-bacterial, anti-fungal, and anti-microbial properties. This helps keep the towels clean and fresh smelling even after being maintained in a moist environment for days. Also hypoallergenic are bamboo paper towels. By doing this, the skin is kept from becoming irritated and uncomfortable. In addition to being thermoregulators, they shield the skin from damaging UV radiation and improve breathability. Most countries make their own handcrafted bamboo paper towels.

COVID-19 Impact: The Disruption of the Supply Chain Had an Effect on Market Value

The World Health Organization (WHO) has declared a public health emergency as a result of the COVID-19 virus's widespread distribution to almost every nation on earth. The COVID-19 epidemic has a significant negative impact on the expansion of the bamboo paper towel sector. Lockdowns have been imposed as a result of the coronavirus epidemic in a number of countries, disrupting the supply chain. Also, consumer expenditure on furniture and other industrial goods has sharply reduced as a result of the outbreak's slowdown in the world economy. Also, there has been a significant decline in the market for construction services. The spread of pandemics has therefore impeded commercial expansion. 

LATEST TRENDS

"Increasing Need for Eco- Friendly Paper towels Is the Driver of Market Growth "

Bamboo plants are well known for having a favorable impact on the environment since they produce a lot of oxygen. Also, bamboo plants need less water than cotton and timber crops do, which is another difference between the two crops. Bamboo fabric makes for incredibly soft and opulent apparel when employed in clothing production. Cotton paper towels are not as absorbent as bamboo paper towels. They are therefore the most popular option for usage as towels. Paper towels made of bamboo are resistant to pilling and shrinking. They are hence extremely durable. These advantages are anticipated to increase bamboo fiber's use in cotton towel production. This is expected to fuel the market for bamboo paper towels in the near future. 

Bamboo Paper Towels Market Segmentation

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• By Type Analysis

By type, the bamboo paper towels market is segmented into rolled paper towels, boxed paper towels and others.

The rolled paper towels segment will dominate the bamboo paper towels market in the coming years. 

• By Application Analysis

Based on applications, the bamboo paper towels market is household, restaurant, hotel, and others.  

The household use segment will lead the global share through 2031. 

DRIVING FACTORS

"Increasing Consumer Knowledge of the Advantages of Bamboos Would Help the Market Flourish"

The market for bamboo paper towels is expected to develop faster as people become more aware of the advantages of bamboo. Due to benefits including ease of harvesting, low cost, and ease of transportation, rattan and bamboo are becoming more and more popular as alternatives to lumber. They are not only water resistant, but also highly durable. These benefits make bamboo a viable option for bamboo paper towels on the market.

"R&D Activities Should be Increased to Boost Market Growth  "

The industry's growth rate would be boosted by new market opportunities due to the surge in R&D activity. Also, a rise in strategic alliances and the development of new markets would propel the market for bamboo paper towels and provide favorable growth prospects.  

RESTRAINING FACTORS

"Government Restrictions will Prevent the Market from Expanding "

New laws and regulations have been created as a result of the processing of bamboo paper towels' use of potentially harmful chemicals. These kinds of regulations may have a significant effect on the long-term availability, price, and sales of bamboo and its products. Throughout the forecast period, these issues are anticipated to provide a threat to market expansion. Due to resource depletion and a downturn in global economic growth, bamboo expansion will limit the market's rate of expansion. The COVID-19 outbreak's detrimental effects on the supply chain and the high processing costs will constrain the market for bamboo paper towels and impede its rate of expansion.

Bamboo Paper Towels Market REGIONAL INSIGHTS

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"North America to Grow at the Highest Bamboo Paper Towels Market Share During the Forecast Period   "

The market for bamboo paper towels is dominated by North America due to rising environmental consciousness among consumers. Due to its growing population and improved economic situation, the Asia Pacific region is anticipated to experience the highest market growth for bamboo paper towels during the forecast period. This is brought on by the growing level of disposable money in this region and the growing knowledge of the numerous health benefits of bamboo goods. The market's growth rate is also being fueled by the rising adoption rate in emerging markets. 

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio. 

List of Market Players Profiled

• SCC Brands, Inc. (U.S.)
• AM Nolimit Trade (UAE)
• Bambaw (Belgium)
• The Cheeky Panda Limited (UK.)
• Spacewhite (Australia)
• How We Roll (U.S.)
• Who Gives A Crap (Australia)
• Grove Collaborative (U.S.)
• Full Circle (U.S.)
• Bambooee(U.S.)
• Urban Green (U.S.)
• Tree-Free(U.S.)
• NatureZway(U.S.)
• Forest Friendly (India)
• Mighty Bamboo Towels (U.S.)
• Ecoegg (Brazil)

REPORT COVERAGE

The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services, or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes several other factors that have contributed to recent bamboo paper towels market growth in some regions.