Irving, TX (PRWEB) September 05, 2012
The growing number of working populace in APAC has generated demand for various varieties of sanitary paper products in offices and is expected to further drive growth in the APAC industry. The global industry experienced good growth during the last five years and is expected to continue its growth momentum, reaching approximately US$89billion in 2017 with a CAGR of 4.1% over the next five years (2012-2017).
Lucintel, a leading global management consulting and market research firm, has analyzed the global sanitary and household paper industry and presents its findings in “Global Sanitary and Household Paper Industry 2012-2017:Trend, Profit and Forecast Analysis.”
The global sanitary and household paper industry is consolidated. APAC dominates this industry.Urbanization and better income led to growth in this region. A combination of factors such as demographic conditions, economic conditions, and environmental regulations has a significant impact on the industry dynamics. Environmental regulations and changes in raw materials supply, energy, and transportation cost have an impact on the industry.
Lucintel’s market research indicates that in 2011,the industry witnessed good growth over 2010 due to improved domestic living standards and changing lifestyles, especially in developing countries such as India and China.Employment and disposable income is also increasing at a faster pace, especially in emerging economies such as India and China. This increase in employment and disposable income is likely to lead to the growth of sanitary and household paper industry.
An increase in disposable income and employment drives the sanitary and household paper industry.Population growth and economic growth are anticipated to boost the industry.The industry is expected to face certain challenges posed by the aging population of the US, relatively stable birth rate, increasing competition, volatility in raw material prices, and energy inputs pose challenges for the industry.
This study provides an overview of the global sanitary and household paper industry.The report tracks four geographic regions for the global sanitary and household paper industry.
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