Market Overview-

According to fortune Business Insights The global   toilet paper market   size was USD 26.14 billion in 2019 and is projected to reach USD 49.91 billion by 2032, exhibiting a CAGR of 5.14% during the forecast period.

How Did We Create This Report?

Various insights present in the report were derived from extensive primary and secondary research. Our expert advisors and analysts used quantitative and industry-wide market projection methodologies and customer insights tools to make authentic data available to the clients. The report also provides an uncluttered evaluation of projections and estimations on the market dynamics.

A list of all the renowned toilet paper producers operating in the global market:

• Procter & Gamble Co. (Cincinnati, U.S.)
• Kimberly-Clark (Dallas, U.S.)
• Essity AB (Stockholm, Sweden)
• Georgia-Pacific LLC (Atlanta, U.S.)
• Hengan Group (Jinjiang, China)
• Sofidel Group (Porcari, Italy)
• Kruger Inc. (Montreal, Canada)
• Empresas CMPC S.A (Santiago, Chile)
• WEPA Hygieneprodukte GmbH (Arnsberg, Germany)
• Unilever (London, U.K.)

Drivers & Restraints-

Rising Working-class Population to Spur Demand

The rising trend of travel and tourism is expected to broaden the hospitality industry worldwide. The demand for toilet paper in restaurants, resorts, and hotels is growing rapidly on account of the increasing hygiene requirements. Apart from that, the surging working-class population will further raise the usage of this product in corporate sectors and offices. For instance, the U.S. Census Bureau’s data on Country Business Pattern revealed that the total number of establishments was 7,860,674 in 2017. It reached 7,912,405 in 2018. These factors are set to propel the toilet paper market growth in the coming years. However, the rising popularity of bidet toilets may hamper growth by limiting demand.

Segment-

Household Segment to Grow Rapidly Stoked by Rising Number of Nuclear Families

Based on application, the household segment generated 60.16% in terms of the toilet paper market share in 2019. This growth is attributable to the increasing usage of toilet paper in homes as it is considered to be an essential daily use commodity. Besides, the surging trend of living alone, as well as the rising number of nuclear families in urban areas would aid growth of this segment.

Regional Analysis-

Surging Number of Hospitality Facilities to Favor Growth in Europe

Geographically, Asia Pacific earned USD 9.55 billion in 2019 in terms of revenue. Though the per capita toilet paper usage is relatively lower in this region, the rapid industrialization and urbanization would result in the development of improved restrooms, thereby leading to rising demand.

North America, on the other hand, is anticipated to grow significantly backed by the rising spending power of people residing in Canada and the U.S. Europe is set to show rising usage of toilet paper because of the increasing number of hospitality facilities in the region.

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Competitive Landscape-

Key Players Focus on Investing in Development of New Production Facilities

The market for toilet paper houses a large number of manufacturers that are mainly aiming to invest hefty amounts of money in developing new production facilities. They are doing so to increase their production capacities and to cater to the rising demand worldwide. Below are the two latest industry developments:

• September 2020 : Andritz AG bagged a new order from Guangdong Hengan Paper Co., Ltd. to provide four tissue machines to its mill situated in China. It will be used to produce premium-quality handkerchief, toilet, facial, and napkin tissue made out of virgin market pulp.
• April 2019 : Naheola mill will be getting an investment of approximately USD 120 million for developing new roll storage and tissue machine building. This will help the company to enhance its bath tissue business.

Market Overview:

According to Fortune Business Insights   global  Disposable Razor Blades Market  size was USD 3.39 billion in 2019 and is projected to reach USD 5.45 billion by 2032, exhibiting a CAGR of 3.84% during the forecast period. The rising shift towards greener disposable razors will have an excellent impact on the market, states Fortune Business Insights, in a report, titled “ Disposable Razor and Blade Market Size, Share & Industry Analysis, By Blade Count (1 & 2 Blades, 3 & 4 Blades, and 5 & More Blades), End-User (Men and Women), Distribution Channel (Hypermarkets, Online, and Others), and Regional Forecast, 2020-2027.”  The market size stood at USD 3.39 billion in 2019.

The Report Lists the Key Companies in the disposable razor blades market:

• Procter & Gamble Co. (Ohio, U.S.)
• BIC Group (Paris, France)
• Super-Max Group (Dubai, UAE)
• Edgewell Personal Care (Shelton, U.S.)
• Kai Group (Tokyo, Japan)
• LORD International Co. (Alexandria, Egypt)
• DORCO CO, LTD. (Seoul, South Korea)
• Kaili Group (Ningbo, China)
• Laroch co. (Shuaiba, Kuwait)
• Perio Inc. (Dublin, U.S.)

Market Driver :

Prominence of Handy Razor Blades to Improve Market Prospects

The growing popularity of non-refillable razors in long or short journeys will spur opportunities for the market. For instance, as per the report Award Catalogue 2020 of BEYONDPLASTIC, about 5,000 billion disposable razors are used per year globally.  The convenience of non-refillable razors makes it a preferable choice while traveling. The advantages of the razer include multiple usages of the same blade. The growing awareness regarding non-refillable razors can bolster the healthy growth of the market. For example, the Wilkinson Sword’s products including fixed cartridge razor blades range are allowed in handbags while traveling to foreign countries, making it a preferred choice among travelers. Hence, the increasing demand for such razor blades will augur well for the market.

Inhibited Demand for Razor Blades to Restraint Market Amid Coronavirus

The shifting fashion trends have negatively impacted the global market during coronavirus. For instance, the trend of keeping long beards has reduced the demand for razors. Moreover, the decline in razor blade sales owing to work from culture, which does not mandate proper grooming. Procter & Gamble reported decreased net sales by 2% to US$ 6.1 billion in the fiscal year 2020 in the grooming segment. Besides, slashed shaving needs have further retarded the expansion of the market. Nevertheless, the rising disposable income and awareness about grooming will certainly create openings for the market in the near future.

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Regional Analysis :

Increased Purchasing Power of Consumers to Boost Market in Europe

The market in Europe stood at USD 1.14 billion in 2019 and is expected to remain dominant during the forecast period. The growth in the region is attributed to the high purchasing power of consumers for premium and branded non-refillable razors. For instance, BIC group which is ranked number two in the global one-piece razors market produces around 2.6 billion shavers along with 4.9 billion blades every year to serve the needs of the consumers. The surge in travelers can contribute positively to the market in Europe. As per the Tourism Statistics released in January 2020 by Eurostat, in 2018 at least one personal tourism trip was taken by about 64% of the residents of the EU. The market in Asia Pacific is expected to hold a significant share in the market owing to the rising demand for razor blades in countries such as China, Japan, and India. The inflated demand for low-cost disposable razors will propel the growth of the market in the region.

Key Development :

August 2019:  Gillette and Gillette Venus announced its collaboration with TerraCycle, a leading organization in recycling. Under this partnership, all razor blades, as well as disposable razors of these brands, will be recycled.

Market Overview:

According to Fortune Business Insights North America is the third largest region in the global cosmetics market. It is projected to record a CAGR of 6.02% during the forecast period. The global  North America Cosmetics Market  is projected to grow from USD 335.95 billion in 2024 to USD 556.21 billion by 2032. 

North America is witnessing a robust increase in the adoption of a wide range of cosmetic products to enhance their physical appearance. This scenario has prompted top market players to invest heavily in R&D projects to introduce novel and advanced cosmetics. For example, in October 2022, L'Oréal U.S.A. announced an investment of USD 140 million to build a new research & innovation center of around 250,000 square-foot in Newark, New Jersey. This new center is expected to conduct research on scientific fields such as beauty tech and green science and bring innovations to hair, skin, and beauty products. As people are becoming more interested in buying anti-aging products to reverse the signs of early aging, companies are trying to create various technologies and formulations to cater to this ever-growing demand. These aspects will strengthen the North America cosmetics market growth.

Fortune Business Insights™ displays this information in a report titled, "North America Cosmetics Market, 2023-2030."

LIST OF LEADING ORGANIZATIONS PROFILED IN THE REPORT

• L'Oréal S.A. (France)
• Unilever plc (U.K.)
• The Procter & Gamble Company (U.S.)
• The Estée Lauder Companies Inc. (U.S.)
• Beiersdorf AG (Germany)
• Shiseido Co., Ltd. (Japan)
• Coty Inc. (U.S.)
• Kao Corporation (Japan)
• Johnson & Johnson Services, Inc. (U.S.)
• Amorepacific Corporation (South Korea)

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Segments:

In terms of category, the market is divided into hair care, skin care, makeup, and others.

Based on gender, the market is bifurcated into men and women.

In terms of distribution channel, the market is segmented into specialty stores, hypermarkets/supermarkets, online channels, and others.

This report on the North America cosmetics market covers the following countries/regions – the U.S., Canada, and Mexico.

Report Coverage:

The report offers a wide range of qualitative and quantitative insights about the industry. The report also provides a detailed analysis of the regional market size & growth rate for all possible segments in the industry. It expands on the most recent market trends & dynamics, competitive landscape, and forecast. Various top insights are displayed in the report including new product launches, an overview of the regulatory scenario in key countries, top industry developments – mergers, acquisitions & partnerships, and the effect of COVID-19 on the market.

Drivers and Restraints:

Greater Focus on R&D by Key Market Players to Accelerate Market Growth

More companies are increasing their focus on R&D programs and activities to speed up the production of a wide variety of new cosmetic products. Many manufacturers are developing products, such as creams, lotions, and gels, that are compatible with their customers’ hair and skin, thereby augmenting the market progress in the coming years. More men and women are purchasing skincare and makeup products, further accelerating the market development.

However, the high costs associated with cosmetic products and their adverse side effects are expected to restrain the market growth during the forecast period.

Competitive Landscape:

L’Oréal S.A., the Estée Lauder Companies Inc., Procter & Gamble Co., Unilever, Kao Corporation, Johnson & Johnson, Inc., Beiersdorf AG, Coty Inc., and Shiseido Co., Ltd. are the top participants in the North America market. These companies are increasing their investments in research & development programs to speed up the process of launching new products and receiving approvals for these solutions. They are also focusing on expanding their distribution networks and product portfolios to solidify their position in the market. These firms are entering strategic collaborations and partnerships to expand their regional presence and increase their North America cosmetics market share.

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Key Industry Development:

February 2023:  Sephora Canada announced the rollout of DTC beauty brand Glossier’s products. The Glossier lineup of products includes makeup, skincare, and fragrances available online on Sephora.ca, the Sephora App, and offline channels. Glossier also opened its 7,000 sq. ft. flagship store in Manhattan in SoHo’s Spring Street, New York.

Market Overview:

According to Fortune Business Insights   Global  MICE Market  size was valued at USD 1,051.41 billion in 2024. The market is projected to grow from USD 1,148.35 billion in 2025 to USD 2,269.16 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 10.22% over the forecast period.   

MICE (Meetings, Incentives, Conferences, and Exhibitions) focuses on organizing and managing events for academic, professional, business, and cultural purposes. It integrates travel and event services for groups of all sizes. Globalization has fueled this market by boosting business opportunities, international outreach, and business tourism.

Fortune Business Insights™  provides this information in its research report, titled  “MICE   Market, 2025-2032”.

List of Key Players Mentioned in the Report:

• ITA Group (U.S.)
• Flight Centre Travel Group Limited (Australia)
• Freeman (U.S.)
• Meetings and Incentives Worldwide, Inc. (U.S.)
• Conference Care (U.K.)
• One10, LLC (U.S.)
• BCD Meetings & Events (U.S.)
• Creative Group, Inc. (U.S.)
• Access (U.S.)
• CWT Meetings & Events (U.S.)

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Segmentation:

Meetings Segment Dominate, Driven by Rising Corporate Events Globally

  In terms of event type, the market is fragmented into meetings, incentives, conventions, and exhibitions. The meetings segment captures the leading MICE market share, driven by rising corporate events worldwide. These one-day gatherings, held in hotel conference rooms, focusing on organizational planning, strategy, and goal setting. Common types include general, board, supplier, and annual business meetings.

Accommodation Segment   Lead On Account of its Key Role In Ensuring the Smooth Conduct Of Events

As per service type, market is classified into accommodation, transportation, food & beverages, event management, and others. MICE-oriented amenities make the accommodation segment dominant in the market, with hotels targeting business travelers who spend more on stays. To ensure year-round demand, hotel chains provide discounted rates during off-seasons, boosting occupancy and revenue stability.

In terms of region, the market is categorized into Europe, North America, the Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

The research report offers a comprehensive market analysis, covering the competitive landscape, company profiles, key drivers, restraints, and opportunities. It also provides insights into market trends and key industry developments contributing to recent growth. It also highlights key players, product launches, and the impact of COVID-19 on the growth of the market.

Drivers and Restraints:

Technological Advancements to Enhance Efficiency and Customer Satisfaction to Boost Market Growth

The MICE industry benefits from technological advancements that enhance efficiency and attendee satisfaction. Event management software simplifies operations, managing tasks like registration, ticketing, and logistics on a single platform. These innovations save time, minimize errors, and improve profitability. Security technologies also monitor crowds and detect threats, ensuring safe and seamless events.

Political instability, including wars, terrorism, and geopolitical tensions, reduces tourist footfall and disrupts corporate event organization, hindering MICE market growth.

Regional Insights:

Europe Dominate the Market Owing to Growing Number of Corporate Events

Europe leads the global MICE market due to the growing number of corporate events and exhibitions. The region emphasizes sustainable tourism, with two-thirds of industry players integrating Corporate Sustainable Responsibility (CSR) into their programs. Germany and the U.K. lead the market with high corporate event activity.

Driven by sectors such as advanced manufacturing and financial services, North America captures the key share of the market with top-tier cities such as Toronto and Las Vegas offering world-class venues. Luxury event services, exemplified by Vancouver’s Shangri-La and Fairmont Hotel, enhance the region's appeal for high-end events.

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Competitive Landscape-

Key Players Focus on Innovations to Gain Competitive Edge

The global MICE market is highly competitive, with key players such as ITA Group and Freeman leveraging technology, innovation, partnerships, and expansions to maintain an edge. Strong marketing and promotional strategies are also crucial for building brand awareness.

Key Industry Development:

September 2024 –  Yatra Online Limited, an Indian travel & tourism company, announced a 100% stake acquisition in Globe All India Services Ltd., an Indian travel agency, to become a market leader in India’s business travel and corporate event management sectors.

Market Overview:

According to Fortune Business Insights   Outdoor Furniture Market   size was valued at USD 53.27 billion in 2024. The market is projected to grow from USD 56.00 billion in 2025 to USD 81.44 billion by 2032, exhibiting a CAGR of 5.50% during the forecast period. 

Outdoor furniture is mainly used to bring comfort and cosiness to outdoor settings. It is usually designed to withstand severe climatic conditions such as heat, cold temperatures, and rain. It is multi-functional and needs low maintenance and brings a charm to spaces such as lawns, gardens, and backyards of homes. Increasing urbanization and growing living standards of people have encouraged manufacturers to design furniture as per latest fashion and luxury trends thus aiding market proliferation.This information is provided by   Fortune Business Insights , in its report titled, “ Outdoor Furniture Market, 2023-2030 .”

List of Key Players Mentioned in the Report:

• IKEA (Netherlands)
• Brown Jordan Co. (U.S.)
• Gloster Furniture (U.S.)
• Aura Global Furniture (India)
• Kettal Group (Spain)
• Woodard Furniture (U.S.)
• Royal Botania (Belgium)
• Ashley Furniture Industries, Inc. (U.S.)
• Kimball International (U.S.)
• Bernhardt Furniture Company Inc. (U.S.)

Segmentation:

Tables Segment to Lead Stoked by Rising Remote Working Population

As per product type, the market is split into tables, chairs, dining sets, and others. Among these, the tables segment is expected to dominate the market due to rising prevalence of remote working conditions that boosted the demand for tables across households. Moreover, tables are portable, spacious, and compact and enable users to work from common spaces with ease this aiding segment expansion.

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Wood Segment to Dominate Owing to Durability and Waterproof Nature

According to material type, the global market is divided into wood, metal, plastic, and others. Among these, the wood segment captured the largest outdoor furniture market share in 2022 backed its low maintenance requirements and high durability. Moreover, some wood varieties such as teakwood, cedar, mahogany, and acacia wood are waterproof and possess insect repellent properties making them the ideal choice for crafting essential furnishing items for outdoor use thus aiding segment growth.

Residential Segment to Hold Major Share Due to Growing Disposable Income

Based on end user, the market is bifurcated into residential and commercial. Among these, the residential segment led the market in 2022 owing to rising disposable income and surging demand for lawn and balcony fixtures for homes. Additionally, rising consumer focus on home renovation and modification will also contribute to segment expansion in the upcoming years.

Geographically, the market is segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Report Coverage:

The report entails valuable insights into:

• Major growth drivers, restraining factors, opportunities, and potential challenges for the market
• Regional and segmental developments
• List of major industry players
• Key strategies adopted by the market players
• Recent industry developments including product launches, partnerships, mergers, and acquisitions

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Drivers and Restraints:

Rising Number of Rooftop Restaurants and Hotels to Propel Market Proliferation

Rising urbanization and growing purchasing power of the population have increased expenditure on recreation activities such as dining in rooftop restaurants and bars. This, in turn, aided outdoor furniture market growth as product demand from hospitality sector increased.  Moreover, the common areas in hotels and restaurants have ample spaces for seating and can be furnished to increase seating capacity. Growing investments in decorative furnishings for garden spaces have aided market proliferation.

On the other hand, the high cost of raw materials such as wood and metal will act as a challenge for businesses operating in this domain.

Regional Insights:

Asia Pacific to Capture Significant Share Due to Expansion of Real Estate Sector

Asia Pacific held the dominant market share in 2022 owing to the growing number of construction projects and growth of the real estate industry. This, in turn, is contributing to regional market growth. Moreover, easy availability of a wide range of upholstery items and easy access to various international and domestic furnishing brands online has attributed to market proliferation in this region.

North America market is slated to grow significantly in the forthcoming years backed by presence of leading upholstery manufacturers such as Sunset West U.S., Brown Jordan, and Gabriella White LLC. Changing consumer inclination and growing disposable income have escalated the demand for chairs for lawns and outdoor settings.

Europe market is projected to grow substantially in the forthcoming years backed by launch of premium furnishing collections for decorating outdoor spaces. The high number of gardens and lawns in the region have generated demand for benches and chairs for outdoor seating thus attributing to market growth in this region.

Competitive Landscape:

Unveiling of New Stores by Leading Players to Propel Market Augmentation

Industry leaders in this domain are making several moves to strengthen their positioning and expand customer base to gain a competitive advantage over new entrants. One such move is opening new stores to make their products accessible to a wider customer base. For instance, in December 2022, Brown Jordan Co., inaugurated its new Manhattan flagship showroom in the New York Design Center at 200 Lexington Avenue. The newly opened showroom will help customers to explore the wide range of cutting-edge finishes, designs, and fabrics of outdoor furniture.

Key Industry Development:

March 2023:  SICIS s.r.l. has launched its outdoor furniture products in India, which are available through Tessera India. The launch will help the company in increasing its customer base along with its product portfolio in India.