Handkerchief Market Share, Demand, Top Players, Industry Size, Future Growth By 2029

The global handkerchief market size is predicted to register impeccable growth in the forthcoming years. Handkerchiefs are commonly used by people for hygiene purposes and also for decoration purposes in festive events and weddings. They are available in several colors and sizes globally. The rising product demand due to the increasing numbers of restaurant chains is anticipated to augment market growth. Fortune Business InsightsTMhas presented this information in its upcoming report titled, “Handkerchief Market, 2022-2029”. The increasing consumer awareness of maintaining cleanliness and personal hygiene is expected to strengthen the market expansion significantly.

COVID-19 Impact-

The demand for personal hygiene products such as tissues, handkerchiefs, napkins, and others significantly surged during the pandemic. Handkerchiefs can be washed and reused, which has been a growth stimulant for the market. Though the market experienced hindrance due to supply chain disruptions and raw material shortages, the intensifying need of maintaining personal hygiene has potentially uplifted the demand for handkerchiefs. The market is likely to prosper as the market bolsters its logistical and production operations.

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Fortune Business Insights™ lists out all the handkerchief market companies that are presently striving to reduce the impact of the Covid-19 pandemic on the market:

  • Kruger Inc.
  • Georgia-Pacific LLC
  • Sofidel Group
  • C&S Paper Co.
  • Svenska Cellulosa AB
  • Vinda International Holdings Limited
  • WEPA Group
  • Hengan Group
  • Kimberly-Clark Corporation
  • Procter & Gamble Company

Report Coverage-

  • It includes information on vital growth opportunities in the market.
  • It covers an analysis of the COVID-19 pandemic’s impact on the market.
  • It offers information on various market segment and sub-segments. It covers information on the key strategies adopted by major market players to garner growth and uptick their market positions.
  • It assesses the factors driving and restraining the market’s expansion.

Drivers & Restraints-

Increasing Numbers of Restaurant Chains to Fuel Market Expansion

The rising consumer awareness towards cleanliness and hygiene is likely to be the major factor boosting the global handkerchief market growth. They can be used to dry hands before and after meals or clean dirt and wipe sweat from body and face. These factors surge handkerchief adoption amongst individuals who prefer maintaining hygiene and freshness. Restaurant chains highly demand handkerchiefs and the rising numbers of restaurant chains are expected to boost the market growth in the coming years. Further, handkerchiefs are used as gift-giving items on formal occasions and birthdays. The transforming gifting trends are likely to create lucrative growth opportunities for the market players.

However, skin rash cases from low-quality products may hamper market growth during the forecast period.

Regional Insights-

Asia Pacific to Exhibit Highest Growth Due to Presence of Major Market Players

Asia Pacific is predicted to bestride the global handkerchief market growth during the forecast period. The presence of major companies including Motta Handkerchiefs, Blooming Nakanishi, and Kamawanu in India, China, and South Korea is anticipated to foster market growth in the region. Furthermore, the high imports of textile items in Japan are expected to complement market growth in Asia Pacific. The growing popularity of western-style silk and cotton-based hankies amongst Japanese consumers is likely to flourish in market growth in Asia Pacific.

North America is anticipated to garner immense growth in the coming years. The evolving fashion trends, coupled with the launch of custom-tailored hankies to cater to the rising customized apparels demand is expected to boost market growth in North America.

Segmentation-

On the basis of material type, the market is divided into silk, cotton, and others. On the basis of end-user, the market is trifurcated into kids, women, and men. On the basis of distribution channel, the market is bifurcated into offline and online. Geographically, the market is classified into South America, Asia Pacific, Europe, North America, and the Middle East & Africa.

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Handkerchief Market Size Highlights of the Report:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the Handkerchief market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Handkerchief market

The Global Handkerchief Market Research/Analysis Report Contains Answers to your following questions:

  • Which Manufacturing Technology is used for Handkerchief? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Handkerchief Market? What are Their Company Profile, Their Product Information, and Contact Information?
  • What Was Global Market Status of Handkerchief Market? What Was Capacity, Production Value, Cost and PROFIT of Handkerchief Market?
  • What Is Current Market Status of Handkerchief Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Handkerchief Market Trends by Taking Applications and Types in Consideration?
  • What Are Projections of Global Handkerchief Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • What Is Handkerchief Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Handkerchief Industry? What are Global Handkerchief Analysis Results? What Are Global Handkerchief Development Trends?
  • What Are Market Dynamics of Handkerchief Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Handkerchief Industry?

Competitive Landscape-

Key Players Introduce New Products to Attract Market Growth

The major market players adopt ingenious strategies, including expansions, acquisitions, contracts, mergers, partnerships, collaborations, and others, to magnify their global reach. They conduct extensive research and development activities to launch new products. For instance, Cartiere Carrara acquired Carind SRL and CRC SRL in January 2020 to expand its global presence in the sanitary products industry.

Key Industry Developments-

  • April 2021: Gapet, a custom-tailored handkerchied was launched by Adi Banne Women Wing in Arunachal Pradesh to revive traditional attire.

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