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Bath Towel Market Analysis

  • Report ID: GMI8263
  • Published Date: Feb 2024
  • Report Format: PDF

Bath Towel Market Analysis

Based on material the market is segmented into cotton, bamboo fiber, microfiber, and others including linen, etc. In 2023, the cotton segment notably dominated, holding the largest share of around 60%. This dominance can be attributed to several factors. Cotton towels, including variations like organic cotton, Egyptian cotton, Pima cotton, and Turkish cotton, are favored for their exceptional absorbency, softness, and durability.
 

Organic cotton appeals to environmentally-conscious consumers due to its sustainable cultivation methods, while Egyptian and Pima cotton are renowned for their luxurious feel and long fibers, contributing to superior quality towels. Additionally, cotton towels are widely available, offering consumers a diverse range of designs, sizes, and price points to suit their preferences and budgets.
 

Bath Towel Market Revenue Share, By Size, (2023)

Based on size the bath towel market is segmented into small towels measuring 13” x 13”, medium-sized towels at 16” x 28”, large towels sized 30” x 60”, and extra-large towels measuring 34” x 72”. In the year 2023, the small towel segment emerged as the dominant force, securing the largest market share and generating an revenue of over USD 6.5 billion. This substantial market share can be attributed to the increasing demand for compact and versatile towels, especially in urban living spaces where space optimization is crucial.
 

Additionally, the small towel segment gained popularity due to its convenience in travel, fitness, and other on-the-go activities, making it a preferred choice among consumers seeking practicality without compromising on quality.   
 

Based on the price the bath towel market is segmented into low, medium, and high. In 2023, the low-priced segment emerged as the market leader, capturing over 40% of the total business share. This dominance can be attributed to several factors, including a growing price-conscious consumer base seeking cost-effective options without compromising on quality. Manufacturers within the low segment often employ efficient production methods, economies of scale, and competitive pricing strategies, making their products more accessible to a broader demographic.
 

Moreover, heightened competition and the availability of a wide range of affordable yet durable options contributed to the significant market share held by the low-priced segment, reflecting the dynamic nature of consumer choices in the bath towel industry.
 

Based on the end-use the bath towel market is categorized into residential, commercial, and institutional categories, reflecting diverse consumer needs and preferences. In 2023, the residential segment emerged as the dominant force, capturing a substantial market share of approximately 75%. This commanding presence can be attributed to several factors, including the growing focus on personal hygiene and wellness in households, the increasing number of upscale residential spaces with multiple bathrooms, and a surge in consumer demand for luxurious and aesthetically pleasing bath linens.
 

Based on distribution channel the bath towel market is bifurcated into online channels and offline channels. In 2023, the offline channels emerged as the dominant segment, securing the largest market share, and generating a substantial revenue of approximately USD 7 billion. This notable supremacy of offline channels can be attributed to several factors, including the widespread presence of brick-and-mortar retail stores, which provide consumers with a tangible and immediate purchasing experience. Additionally, consumers often prefer the physical examination of bath towels before making a purchase, emphasizing the importance of in-store shopping.
 

Asia Pacific Bath Towel Market Size, 2021 – 2032, (USD Billion)

The Asia Pacific region commands the largest share of the bath towel market, with a substantial market share of over 40%. This dominance can be attributed to a combination of demographic, economic, and cultural factors that collectively contribute to the region's heightened demand for bath towels. With a burgeoning population and rising disposable incomes, consumers in the Asia Pacific region increasingly prioritize personal hygiene and comfort, driving the demand for quality bath towels.
 

Moreover, the region's rapid urbanization has led to an expansion of modern retail infrastructure, providing consumers with convenient access to a diverse range of bath towels. Cultural practices that emphasize cleanliness and well-being also play a significant role in the high adoption of bath towels in the region.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Bath towel industry size was worth USD 11 billion in 2023 and is projected to expand at over 4.8% CAGR between 2024 and 2032 attributed to the changing consumer lifestyles and surging preference for quick-drying and lightweight towels to enhance convenience.

Cotton bath towel segment accounted for 60% revenue share in 2023 and is anticipated to record substantial growth through 2032 owing to the increasing preference for organic cotton as it appeals to environmentally conscious consumers due to its sustainable cultivation methods.

Asia Pacific held more than 40% revenue share of the bath towel market in 2023 and is estimated to expand at a notable CAGR from 2024-2032 attributed to a combination of demographic, economic, and cultural boosting the demand for bath towels.

Some of the top firms engaged in the market are Elastex Ltd., Iris Hantverk Grace, Kingshore, Looms, Nine Space, Orahome, Springs Global, SUNVIM, Trident Group, Utopia Deals, Venus Group, Welspun, Westpoint Home, and 1888 Mills.

Bath Towel Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 279
  • Countries covered: 23
  • Pages: 150
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