Cotton Bud Market Challenges, Growth Opportunities, and Research Report
07 June 2019, Global cotton bud market is expected to grow at a significant CAGR in the upcoming period as the
scope and its applications are rising enormously across the globe. A cotton bud
is also termed as “cotton swabs” that comprise one or two small wads of cotton
wrapped around one or both ends of a short rod made of plastic, wood, or rolled
paper. It is exclusively used in cosmetics application, cleaning, medical
settings, and crafts and arts. They are very absorbent, so used in conjunction
with a cleaning solution to clean components or remove epoxies. They are
available from lint-free and low-lint to double-header.
The factors that are playing a major
role in the growth of the market are the easy availability, cost-efficient, the
rising awareness regarding hygiene, and the growing population. However, the
rising awareness regarding the adverse effects of using cotton buds for
cleaning ears may restrain the overall market growth in the years to come.
Cotton bud market is segmented based on material type, application,
distribution channel, and region.
Extruded plastics, wood, rolled paper, and other material
types could be explored in the market in the forecast period. The market could
be categorized based on applications like auxiliary nursing, sanitary, babies,
cosmetic, commercial use, and others that could be explored in the cotton bud
in the forecast period. The baby’s application accounted for the substantial
market share of a cotton bud and is estimated to lead the overall market in the
years to come.
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| Cotton Bud Market |
Globally, North America accounted for the substantial
market share of a cotton bud industry and is estimated to lead the overall
market in the years to come. The reason behind the overall market growth could
be the presence of multiple channels, the growing demand for organic cotton
buds, the presence of key manufacturers in the region, and the high capacity of
expenditure. The United States is a major consumer of cotton bud in this
region.
Europe and the Asia Pacific are also estimated to have a
positive influence on future growth. Europe is the second largest region with
significant market share. However, Asia Pacific is estimated to grow at the
highest CAGR in the forecast period. The developing countries like India and
China are the major consumers of cotton bud in this region. The key players of
the cotton bud market are Alkaloid, Jhonson & Jhonson’s, Helenvita, Chicco,
Tulip, Unilever, Pigeon, Becutan, and Sanyo. These players are concentrating on
inorganic growth to sustain themselves amidst fierce competition.
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