The dry electrostatic wipes market expanded at a Y-o-Y growth rate of 10.5% in 2022, up from USD 1.9 Billion in 2021. As of 2022, the market is forecast to reach a valuation of USD 2.1 Billion. Furthermore, from 2022 to 2032, sales are expected to incline at a CAGR of 12.13% to reach USD 6.6 Billion.
| Attribute | Details |
|---|---|
| Anticipated Base Year Value (2021) | USD 1.9 Billion |
| Expected Market Value (2022) | USD 2.1 Billion |
| Projected Forecast Value (2032) | USD 6.6 Billion |
| Global Growth Rate (2022 to 2032) | 12.13% CAGR |
Consumers today are looking for quick and convenient cleaning products that can complete the task of cleaning quickly and efficiently while maintaining high-quality standards. Cleaning products with innovative features and high efficiency have a competitive advantage in the market. To gain a competitive advantage in the market, manufacturers in the household cleaning products market are focusing on introducing novel household cleaning products, such as dry electrostatic wipes.
Dry electrostatic wipes are one example of a cleaning product developed by companies to differentiate themselves from other key players. Dry electrostatic wipes attract dust. They generate an electrostatic charge that attracts dust, dirt, allergens, and hair found on floors and other surfaces. The introduction of novel dry electrostatic wipes with innovative features has benefited the dry electrostatic wipes market in recent years.
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Consumers are looking for products that save time as their lifestyles change. As a result, demand for nonwoven cleaning wipes is rapidly increasing. Companies are increasingly investing in Research and Development activities in order to expand their product portfolio through new product launches. These are some of the factors that will influence the dry electrostatic wipes market's growth in the near future.
Rapid new product development leading to the introduction of task-specific performance features, rapidly growing advanced nonwoven base technology, and frequently changing consumer purchasing habits due to product availability, innovation, and financial considerations are some of the other factors fueling the growth of the dry electrostatic wipes market during the forecast period.
Other important factors that may impede the growth of the dry electrostatic wipes market during the forecast period include the availability of alternatives to dry electrostatic wipes and the high cost of disposable wipes compared to conventional shop towels.
In 2021, the Asia Pacific market was worth USD 1.3 Billion. Because of increased consumer spending and rising middle-class income, Asia Pacific is expected to dominate the Dry Electrostatic Wipes market share region. Large infant populations in India and China, combined with shifting purchasing preferences for premium baby care items, drive up demand for baby sanitary products.
The large concentration of residential living facilities in India, Singapore, and China drives household cleaning and sanitary item consumption even further. India and China, are experiencing rapid economic and industrialization expansion, which will open up new markets for dry electrostatic wipes used in various manufacturing processes.
Because of the growing infrastructural facilities of hotels and hospitality, as well as the region's increasing tourist arrivals, the European region accounts for a sizable share of the market. For example, the World Bank Group estimated that nearly 32 million international tourists visited Austria in the previous year, a 3.5 percent increase over the previous year.
The strong presence of various types of manufacturing plant set-ups in countries such as the United Kingdom, Germany, Spain, and Italy drives the consumption of Dry electrostatic wipes products. Germany is the leading market, with a CAGR of 7.5% projected from 2022 to 2032.
Kimberly-Clark Worldwide, Inc., Chemtronics Company, Electrocomponents PLC, SDI Systems Division, Inc., Pascoes Pty Ltd., Procter Gamble Co., Contec, Inc., and Butler Home Products, LLC are some of the key players in the global dry electrostatic wipes market. Demand for dry electrostatic wipes from electronics manufacturers, medical device manufacturers, and other industries where managing electrostatic charge buildup is critical will rise during the forecast period.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 12.13% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Sales Channel, Packaging, Material, Region |
| Regions Covered | North America; Latin America; Western Europe; Eastern Europe; Asia Pacific Excluding Japan; Japan; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Australia & New Zealand, China, India, ASIAN, South Africa |
| Key Companies Profiled | Kimberly-Clark Worldwide Inc.; Chemtronics Company; Electrocomponents PLC; SDI Systems Division Inc.; Pascoes Pty Ltd.; Procter Gamble Co.; Contec Inc.; Butler Home |
| Customization | Available Upon Request |
FMI projects the global Dry Electrostatic Wipes market to expand at a 5.2% value CAGR by 2032.
Asia Pacific is expected to be the most opportunistic Dry Electrostatic Wipes market.
Kimberly-Clark Worldwide, Inc., Chemtronics Company, Electrocomponents PLC, SDI Systems Division, Inc., Pascoes Pty Ltd., Procter Gamble Co., Contec, Inc., and Butler Home Products are some prominent dry electrostatic wipes manufacturers.
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Dry Electrostatic Wipes Market
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