Over the past few years, the application of wipes has expanded from personal cleaning to household cleaning to specialty cleaning. The consumption of wipes for medical cleaning and disinfection, patient care, baby care, and personal daily cleaning has been growing steadily. As a result, this has a direct impact on the production and sales of high-speed wet wipes machine will see rapid development. From 2009 to 2015, the global wet wipes consumption market size grew from USD 10.29 billion to USD 13.42 billion. The global wet wipes and wipes market will grow at a CAGR of nearly 6% from 2015 to 2019. Accordingly, it is estimated that the global wet wipes market size will reach approximately USD 17 billion in 2019.
The global wet wipes consumer market presents significant regional and differentiated growth opportunities. In 2014, the populations of North America and Europe were 354 million and 738 million respectively, accounting for 15.6% of the world’s total population, and occupying more than 75% of the global wet wipes market. The European and American markets are the main markets for global wet wipes consumption, and this pattern will not be fundamentally changed in the short term. With the gradual growth of China’s wet wipes market, the future of the Asia-Pacific region will continue to maintain the growth trend, so also long ago the production of high-speed wet wipes machine business.
Wet wipes as a 2000 before and after entering China’s “oddball products”, although the penetration rate of wet wipes in the domestic market is low, still in the incubation period before the high-speed growth, but showed an accelerated growth momentum.
From 2012 to 2016, China’s wet wipes consumption increased from 15.11 billion tablets to 39.3 billion tablets, with a compound annual growth rate of 26.99%, and the market size expanded from 1.54 billion yuan to 3.85 billion yuan, with a compound annual growth rate of 25.74%. It is expected that the consumption of wet wipes will reach 46.68 billion tablets in 2018, and the market size will reach 5.57 billion yuan. With the improvement of Chinese residents’ consumption level and personal health concept, the further escalation of aging, and the gradual implementation of the “comprehensive two-child” policy, the market for high-speed wet wipes machines in China will further develop.
As the income of Chinese residents increases year by year, the middle class, young people, white-collar groups continue to grow, the lifestyle has undergone significant changes. The consumption structure has been upgraded from survival consumption to development consumption, from traditional consumption to new types of consumption, and the concept of healthy cleaning has been upgraded. With the subsequent upgrading, this has become an important macro basis for the rapid growth of China’s wet wipes market. Therefore, it is expected that the future growth rate of China’s high-speed wet wipes machine market will continue to be at the forefront of the world, and the share of the global wet wipes market is expected to increase year by year.
Although the penetration rate of wet wipes in the domestic market is low and the categories are relatively small, the high-speed wet wipes machine market has not been fully launched, and there is still a lot of room for development. However, based on the existing capacity of the international market and the future potential of the domestic market, the wet wipes industry has been investing in mergers and acquisitions are increasingly active, companies out of the market trial stage to strengthen the capacity layout and upgrade. The next few years will be the period of domestic wet wipes production capacity gradually construction and release. China’s wet wipes market will continue to develop rapidly, China will become the world’s important production base for wet wipes.
From the point of view of the types of wipes, personal cleaning wipes, household cleaning wipes, professional wipes, environmental protection wipes will face good development opportunities.
With the development of good personal hygiene habits, wipes have become an indispensable item when people go out and inconveniently wash their hands. We are choosing wipes at the same time also need to look at the production of wipes of the enterprise is recognized as a large enterprise.
