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Report Overview
The global cotton towel market size is assessed to grow at a CAGR of 5.40% in the forecast period of 2024-2032. The market growth is being driven by increasing health consciousness, expansion of the hospitality sector, and rising demand for premium cotton towels.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Market Share by Application
Households, by application, account for a significant share in the cotton towel market due to the multiple uses of cotton towels in households. Cotton towels are used for bathing purposes, in kitchens, and for swimming and other water activities. Cotton is a breathable material and cotton towels are capable of drawing moisture through direct contact and are more durable which is leading to their increasing demand across households. The rising popularity of visually pleasing cotton towels to match different décor styles and user preferences is further augmenting the market for cotton towels.
Market Share by Region
At a regional level, the Asia Pacific holds a sizable share of the global cotton towel market, driven by the large population in countries in the region and increasing demand for cotton towels in households and commercial applications. Rapid expansion of the hospitality sector and rising investments in healthcare infrastructure are surging the demand for cotton towels across various countries in the region.
The extensive production of cotton and textiles in countries such as China, are also helping the growth of the market for cotton towels in the Asia Pacific. Climatic conditions in countries like China and India favour the production of cotton which is supported by availability of a skilled labour force, thereby increasing the manufacturing of cotton towels.
Cotton Towel Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is expected to grow at a CAGR of 5.40% in the forecast period of 2024-2032.
The major market drivers include rising disposable income, growing population, and increasing awareness regarding health and hygiene among people.
The key cotton towel market trends include rising demand for eco-friendly cotton towels, expansion of the hospitality sector, and rising demand for premium cotton towels.
The major regional markets for cotton towels are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various product types in the market for cotton towels are Pima cotton towels, Egyptian cotton towels, and Turkish cotton towels, among others.
The significant applications of cotton towels in the market are households and commercial.
The primary distribution channels for cotton towels are offline and online.
The key market players, according to the report, are Covenant Tex Co., Ltd, Oasis Towels, 1888 Mills, LLC, Kapatex s.r.o, Ozan Premium Home, New Pig Corporation, and Impel International, among others.
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