Report overview
Due to the COVID-19 pandemic, the global Towels market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2023-2030. Fully considering the economic change by this health crisis, the Europe Towels market is estimated at US$ million in 2023, while the United States and China are forecast to reach US$ million and US$ million by 2030, respectively. The proportion of the United States is % in 2023, while Chinese percentage is %, and it is predicted that China market share will reach % in 2030, trailing a CAGR of % through the analysis period. As for the Europe Towels landscape, Germany is projected to reach US$ million by 2030. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Premium Towels accounting for % of the Towels global market in 2022, is projected to value US$ million by 2030, growing at a revised % CAGR from 2023 to 2030. While Household segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2030.
The global major manufacturers of Towels include PVH, LVMH, Welspun, Trident Group, 1888 Mills, Loftex, Grace, WestPoint Home and SUNVIM, etc. In terms of revenue, the global 3 largest players have a % market share of Towels in 2022.
This report focuses on Towels volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Towels market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Towels Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2018 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Premium Towels
Mid-market Towels
Low-market Towels
Segment by Application
Household
Hotel
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
PVH
LVMH
Welspun
Trident Group
1888 Mills
Loftex
Grace
WestPoint Home
SUNVIM
Sanli
Kingshore
Springs Global
Avanti Linens
Uchino
Canasin
EverShine
Venus Group
QiQi Textile
Noman Group
Alok Industrie
Mtcline
American Textile Systems
Mission
