Towels Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Hand Towel, Bath Towel); Material (Cotton, Polyester, Others); Distribution Channel (Hypermarkets and Supermarkets, Specialty Stores, Online Retail, Others) and Geography

Report Code: TIPRE00023764 | No. of Pages: 150 | Category: Consumer Goods | Status: Upcoming

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MARKET OVERVIEW

A towel is a piece of absorbent fabric used to dry or wipe a body or a surface. It draws moisture through direct contact. Several types of fabric towels are used in households, including hand towels, bath towels, Bathrobes, and kitchen towels. At the beach, people use beach towels. It is easily available in hypermarkets & supermarkets, specialty stores, online retail. Most towels are made of cotton and polyester.

MARKET SCOPE

The "Global Towels Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the towels market with detailed market segmentation by type, material, distribution channel, and geography. The report provides key statistics on the market status of the leading towels market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

    - Based on type, the global towels market is segmented into hand towel and bath towel.
    - Based on material, the global towels market is segmented into cotton, polyester, and others.
    - Based on distribution channel, the global towels market is segmented into hypermarkets & supermarkets, specialty stores, online retail, and others.

MARKET DYNAMICS
Drivers:

    - Growing awareness, consumers are spending huge amounts of money on health and skin care, especially urban consumers where the adoption of shower gel is much higher.
    - Growing consuming class and the increase in spending power of people in Asia Pacific.
    - Rapidly changing fashion trends, and increasing awareness about hygiene.
    - Changing lifestyle, rising brand consciousness.

Restraints:

    - Rise in labor cost.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The towels market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the towels market in these regions.

IMPACT OF COVID-19 ON TOWELS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.



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MARKET PLAYERS


The report covers key developments in the towels market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from towels market are anticipated to lucrative growth opportunities in the future with the rising demand for towels in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the towels market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

    - Regal Towel Collection
    - Noman Group
    - Welspun
    - Dunroven House
    - Trident Group
    - Sunvim
    - Elsatex Ltd
    - Iris Hantverk
    - Danica Studio
    - American Textile Systems
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Towels Market - By Type
1.3.2 Towels Market - By Material
1.3.3 Towels Market - By Distribution Channel
1.3.4 Towels Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. TOWELS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. TOWELS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. TOWELS MARKET - GLOBAL MARKET ANALYSIS
6.1. TOWELS - GLOBAL MARKET OVERVIEW
6.2. TOWELS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. TOWELS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. HAND TOWEL
7.3.1. Overview
7.3.2. Hand Towel Market Forecast and Analysis
7.4. BATH TOWEL
7.4.1. Overview
7.4.2. Bath Towel Market Forecast and Analysis
8. TOWELS MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
8.1. OVERVIEW
8.2. MATERIAL MARKET FORECASTS AND ANALYSIS
8.3. COTTON
8.3.1. Overview
8.3.2. Cotton Market Forecast and Analysis
8.4. POLYESTER
8.4.1. Overview
8.4.2. Polyester Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. TOWELS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
9.1. OVERVIEW
9.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
9.3. HYPERMARKETS AND SUPERMARKETS
9.3.1. Overview
9.3.2. Hypermarkets and Supermarkets Market Forecast and Analysis
9.4. SPECIALTY STORES
9.4.1. Overview
9.4.2. Specialty Stores Market Forecast and Analysis
9.5. ONLINE RETAIL
9.5.1. Overview
9.5.2. Online Retail Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis

10. TOWELS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Towels Market Overview
10.1.2 North America Towels Market Forecasts and Analysis
10.1.3 North America Towels Market Forecasts and Analysis - By Type
10.1.4 North America Towels Market Forecasts and Analysis - By Material
10.1.5 North America Towels Market Forecasts and Analysis - By Distribution Channel
10.1.6 North America Towels Market Forecasts and Analysis - By Countries
10.1.6.1 United States Towels Market
10.1.6.1.1 United States Towels Market by Type
10.1.6.1.2 United States Towels Market by Material
10.1.6.1.3 United States Towels Market by Distribution Channel
10.1.6.2 Canada Towels Market
10.1.6.2.1 Canada Towels Market by Type
10.1.6.2.2 Canada Towels Market by Material
10.1.6.2.3 Canada Towels Market by Distribution Channel
10.1.6.3 Mexico Towels Market
10.1.6.3.1 Mexico Towels Market by Type
10.1.6.3.2 Mexico Towels Market by Material
10.1.6.3.3 Mexico Towels Market by Distribution Channel
10.2. EUROPE
10.2.1 Europe Towels Market Overview
10.2.2 Europe Towels Market Forecasts and Analysis
10.2.3 Europe Towels Market Forecasts and Analysis - By Type
10.2.4 Europe Towels Market Forecasts and Analysis - By Material
10.2.5 Europe Towels Market Forecasts and Analysis - By Distribution Channel
10.2.6 Europe Towels Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Towels Market
10.2.6.1.1 Germany Towels Market by Type
10.2.6.1.2 Germany Towels Market by Material
10.2.6.1.3 Germany Towels Market by Distribution Channel
10.2.6.2 France Towels Market
10.2.6.2.1 France Towels Market by Type
10.2.6.2.2 France Towels Market by Material
10.2.6.2.3 France Towels Market by Distribution Channel
10.2.6.3 Italy Towels Market
10.2.6.3.1 Italy Towels Market by Type
10.2.6.3.2 Italy Towels Market by Material
10.2.6.3.3 Italy Towels Market by Distribution Channel
10.2.6.4 United Kingdom Towels Market
10.2.6.4.1 United Kingdom Towels Market by Type
10.2.6.4.2 United Kingdom Towels Market by Material
10.2.6.4.3 United Kingdom Towels Market by Distribution Channel
10.2.6.5 Russia Towels Market
10.2.6.5.1 Russia Towels Market by Type
10.2.6.5.2 Russia Towels Market by Material
10.2.6.5.3 Russia Towels Market by Distribution Channel
10.2.6.6 Rest of Europe Towels Market
10.2.6.6.1 Rest of Europe Towels Market by Type
10.2.6.6.2 Rest of Europe Towels Market by Material
10.2.6.6.3 Rest of Europe Towels Market by Distribution Channel
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Towels Market Overview
10.3.2 Asia-Pacific Towels Market Forecasts and Analysis
10.3.3 Asia-Pacific Towels Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Towels Market Forecasts and Analysis - By Material
10.3.5 Asia-Pacific Towels Market Forecasts and Analysis - By Distribution Channel
10.3.6 Asia-Pacific Towels Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Towels Market
10.3.6.1.1 Australia Towels Market by Type
10.3.6.1.2 Australia Towels Market by Material
10.3.6.1.3 Australia Towels Market by Distribution Channel
10.3.6.2 China Towels Market
10.3.6.2.1 China Towels Market by Type
10.3.6.2.2 China Towels Market by Material
10.3.6.2.3 China Towels Market by Distribution Channel
10.3.6.3 India Towels Market
10.3.6.3.1 India Towels Market by Type
10.3.6.3.2 India Towels Market by Material
10.3.6.3.3 India Towels Market by Distribution Channel
10.3.6.4 Japan Towels Market
10.3.6.4.1 Japan Towels Market by Type
10.3.6.4.2 Japan Towels Market by Material
10.3.6.4.3 Japan Towels Market by Distribution Channel
10.3.6.5 South Korea Towels Market
10.3.6.5.1 South Korea Towels Market by Type
10.3.6.5.2 South Korea Towels Market by Material
10.3.6.5.3 South Korea Towels Market by Distribution Channel
10.3.6.6 Rest of Asia-Pacific Towels Market
10.3.6.6.1 Rest of Asia-Pacific Towels Market by Type
10.3.6.6.2 Rest of Asia-Pacific Towels Market by Material
10.3.6.6.3 Rest of Asia-Pacific Towels Market by Distribution Channel
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Towels Market Overview
10.4.2 Middle East and Africa Towels Market Forecasts and Analysis
10.4.3 Middle East and Africa Towels Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Towels Market Forecasts and Analysis - By Material
10.4.5 Middle East and Africa Towels Market Forecasts and Analysis - By Distribution Channel
10.4.6 Middle East and Africa Towels Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Towels Market
10.4.6.1.1 South Africa Towels Market by Type
10.4.6.1.2 South Africa Towels Market by Material
10.4.6.1.3 South Africa Towels Market by Distribution Channel
10.4.6.2 Saudi Arabia Towels Market
10.4.6.2.1 Saudi Arabia Towels Market by Type
10.4.6.2.2 Saudi Arabia Towels Market by Material
10.4.6.2.3 Saudi Arabia Towels Market by Distribution Channel
10.4.6.3 U.A.E Towels Market
10.4.6.3.1 U.A.E Towels Market by Type
10.4.6.3.2 U.A.E Towels Market by Material
10.4.6.3.3 U.A.E Towels Market by Distribution Channel
10.4.6.4 Rest of Middle East and Africa Towels Market
10.4.6.4.1 Rest of Middle East and Africa Towels Market by Type
10.4.6.4.2 Rest of Middle East and Africa Towels Market by Material
10.4.6.4.3 Rest of Middle East and Africa Towels Market by Distribution Channel
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Towels Market Overview
10.5.2 South and Central America Towels Market Forecasts and Analysis
10.5.3 South and Central America Towels Market Forecasts and Analysis - By Type
10.5.4 South and Central America Towels Market Forecasts and Analysis - By Material
10.5.5 South and Central America Towels Market Forecasts and Analysis - By Distribution Channel
10.5.6 South and Central America Towels Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Towels Market
10.5.6.1.1 Brazil Towels Market by Type
10.5.6.1.2 Brazil Towels Market by Material
10.5.6.1.3 Brazil Towels Market by Distribution Channel
10.5.6.2 Argentina Towels Market
10.5.6.2.1 Argentina Towels Market by Type
10.5.6.2.2 Argentina Towels Market by Material
10.5.6.2.3 Argentina Towels Market by Distribution Channel
10.5.6.3 Rest of South and Central America Towels Market
10.5.6.3.1 Rest of South and Central America Towels Market by Type
10.5.6.3.2 Rest of South and Central America Towels Market by Material
10.5.6.3.3 Rest of South and Central America Towels Market by Distribution Channel

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. TOWELS MARKET, KEY COMPANY PROFILES
12.1. REGAL TOWEL COLLECTION
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. NOMAN GROUP
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. WELSPUN
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. DUNROVEN HOUSE
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. TRIDENT GROUP
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. SUNVIM
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. ELSATEX LTD
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. IRIS HANTVERK
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. DANICA STUDIO
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. AMERICAN TEXTILE SYSTEMS
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. Regal Towel Collection
2. Noman Group
3. Welspun
4. Dunroven House
5. Trident Group
6. Sunvim
7. Elsatex Ltd
8. Iris Hantverk
9. Danica Studio
10. American Textile Systems
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