Intimate Wipes Market Players Contribute Majorly towards Innovative Trends through 2017 to 2022


Posted March 3, 2020 by Basant90

Market Research Report Forecast Based on Global Industry Analysis, Market Size, Share and Upcoming Trends.

 
In a recent business intelligence study, FactMR presents the nitty-gritty of the global intimate wipes market considering 2012-2016 as the historic year and 2017–2022 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting intimate wipes market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.

The global intimate wipes market is prognosticated to increase growth on the back of the rising inclination toward healthy lifestyles and the need to maintain personal hygiene. Introduction of new products with advanced features and more convenience could create a whole lot of opportunities in the global intimate wipes market. Manufacturers are expected to gain traction in the global intimate wipes market with the consumer shift toward time-saving products. Launch of different variants could help them to secure a strong foothold in the global intimate wipes market. On the other hand, the use of natural materials in the manufacture of intimate wipes is anticipated to help players to gain strong demand in the global market.

The intimate wipes market report addresses the below-mentioned queries:

Why are vendors shifting away from traditional methods of manufacturing intimate wipes?
How the global intimate does wipes market looks like in the next five years?
Which end use industry is expected to surpass segment by the end of 2029?
What innovative products are being introduced by the players in the global intimate wipes market?
Which regions are showing the fastest market growth?

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However, the demand in the global intimate wipes market could decline due to increasing knowledge about side effects such as skin rashes. Nevertheless, manufacturers have been keen on using natural materials and high-quality raw materials to reduce the incidence of side effects due to the use of intimate wipes. Moreover, high consumer preference for natural products is expected to work in the favor of manufacturers focusing on the use of natural materials. All of these factors could augur well for the global intimate wipes market.

Fact.MR envisions the global intimate wipes market to post a 4.6% CAGR between 2017 and 2022. Among different types of products offered in the global intimate wipes market, wet wipes could gain a larger share by the end of the said forecast period. They are foreseen to create an absolute revenue opportunity of US$32.8 mn in the global intimate wipes market. Their intimate wipes market could be valued at a US$170.0 mn as it posts a steady CAGR during the course of the forecast period. On the basis of revenue, wet wipes are projected to account for a 68.0% share of the global intimate wipes market.

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By distribution channel, the global intimate wipes market is segregated into different segments, viz. e-commerce, convenience stores, drug stores, modern trade, and other retail formats. Among these distribution channels, modern trade is forecast to stay at the top of the global intimate wipes market in terms of revenue share. It could show an above average CAGR during the forecast period. Currently, it collects a commanding share of 35.0% of the global intimate wipes market.

About FactMR

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Last Updated March 3, 2020