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The wet tissue and wipes market are predicted to register a CAGR of 5.3% during the 2019 to 2025 forecast period. A market research report predicts USD 23,058.6 million valuation of the market by 2025. The growth is anticipated to be supported by the growing demand from companies across many industries. Based on the report, the presence of many untapped opportunities across the market will drive growth in the market in the coming years till 2025. However, the easy availability of alternative products will negatively affect the wet tissue and wipes market’s growth. The increasing preferences for cheaper alternative solutions are anticipated to be another factor which could turn out to be a threat to companies during 2019 to 2025.
The market report based on primary and secondary data reveals that technology and end-user segments will witness a healthy growth till 2025. While the increasing demand from various industry verticals will support the market during the forecast period and the presence of untapped market opportunities will also help the market globally, the growth could be affected by the fluctuating raw material prices which could hinder business activities. The growing demand for alternatives is also expected to be responsible for stalled market growth till 2025.
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