Chicago, March 11, 2024 (GLOBE NEWSWIRE) — The Global Absorbent Paper Market size is estimated to be USD 135.0 billion in 2023 and projected to reach USD 177.3 billion in 2028, at a CAGR of 5.6%, as per the recent study by MarketsandMarkets™. Increasing demand for surgical drapes and gowns in healthcare sector. Stricter industry regulations, advancing technology, and rising awareness of hygiene and sanitation contribute to the expanding adoption of sophisticated absorbent paper products.
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Browse in-depth TOC on “Absorbent Paper Market”.
68 – Market Data Tables
16 – Figures
210 – Pages
List of Key Players in Absorbent Paper Market:
Kimberly-Clark Corporation (US)
International Paper (US)
Pulp & Paper Products, US)
Georgia-Pacific LLC. (US)
Metso Group (Finland)
Ahlstrom (Finland)
Drivers, Opportunities and Challenges in Absorbent Paper Market
Drivers: Rising hygiene and sanitation awareness
Restraint: Increased competition from alternative materials
Opportunity: Growing healthcare sector, leading to higher demand for surgical drapes and gowns
Challenge: Sustainability concerns related to absorbent paper products
Key Findings of the Study:
The tissue product type is the second fastest growing product type, in terms of value, during the forecast period.
Based on the application, medical paper & sheets application is the third fastest growing application in terms of value in the absorbent paper market.
Based on the end-use industry, the packaging end-use industry is estimated to be the second fastest-growing segment of the absorbent paper market.
North America is the second fastest growing region, in terms of value, …