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Cotton Towel Market Size, Share & Trends Analysis Report By Distribution Channel, By Type (Egyptian, Turkish, Pima, and Blended), By Application (Residential and Commercial), By Regional Outlook and Forecast, 2024 - 2031

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    Report

  • 273 Pages
  • June 2024
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5988768
The Global Cotton Towel Market size is expected to reach $6.4 billion by 2031, rising at a market growth of 5.8% CAGR during the forecast period. In the year 2023, the market attained a volume of 3,90,893.9 thousand units experiencing a growth of 15.2% (2020-2023).

European consumers are known for their strong preference for quality and sustainability, which aligns well with the properties of high-quality cotton towels. The region's focus on environmental sustainability also drives the popularity of organic cotton towels, free from harmful chemicals and produced under eco-friendly conditions. Consequently, the European region would acquire nearly 21% of the total market share by 2031. Also, the Russian market would consume 3.03 million units of Blended cotton towels by 2031.



As people become more informed about the materials used in everyday products, they are increasingly opting for natural fibers such as cotton. As people become more informed about the materials used in everyday products, they are increasingly opting for natural fibers such as cotton. Hence, the growing consumer awareness and preference for natural fibers such as cotton significantly influence the cotton towel market. Additionally, A significant aspect that is boosting demand for high-end, luxurious cotton towel products, particularly in emerging nations, is the growing use of disposable cash. The impact of rising disposable incomes is not limited to Asia. In Latin America, countries like Brazil are also experiencing growth in disposable incomes. Thus, the increase in disposable incomes in emerging economies is a key driver of the growing demand for premium and luxurious cotton towel products.

However, As the primary raw material for these towels, cotton is susceptible to price fluctuations influenced by various factors. International market dynamics further complicate the pricing structure of cotton. The international cotton market is influenced by trade policies, tariffs, and subsidies implemented by major cotton-producing countries. Hence, the cost of raw materials may hinder the market's growth.

Driving and Restraining Factors

Drivers
  • Increasing consumer awareness and preference for natural fibers
  • Rising disposable income in many nations
  • Expansion of the hospitality industry
Restraints
  • Substantial costs of raw material
  • Competition from synthetic fibers
Opportunities
  • Innovations in cotton towel production
  • E-commerce and online retail growth
Challenges
  • Environmental concerns surrounding cotton farming
  • Significant regulatory and trade issues

Distribution Channel Outlook

By distribution channel, the cotton towel market is divided into offline and online. The online segment garnered 27.4% revenue share in the cotton towel market in 2023. In terms of volume, the online segment registered 1,20,755.7 thousand units in 2023. Due to the convenience of Internet shopping, as well as the ability to compare prices, read product reviews, and find a wider assortment of products, the market for cotton towels has expanded significantly.

Type Outlook

Based on type, the cotton towel market is classified into Pima, Egyptian, Turkish, and blended. The Pima segment procured 19.7% revenue share in the cotton towel market in 2023. Pima cotton is known for its long staple fibers, contributing to its softness and durability. Since Pima cotton is mainly farmed in the US, it is frequently a more readily available and marginally more reasonably priced premium choice than Egyptian cotton in Western markets.



Application Outlook

On the basis of application, the cotton towel market is bifurcated into residential and commercial. The commercial segment recorded 27% revenue share in the cotton towel market in 2023. In terms of volume, the commercial segment registered 1,17,315.9 thousand units in 2023. The segment's growth reflects the extensive use of cotton towels in the hospitality, healthcare, and beauty industries. In these sectors, towels are essential for everyday operations, from gyms requiring high absorbency and quick-drying towels to hotels and spas using plush, luxurious towels to enhance the guest experience.

Regional Outlook

Region-wise, the cotton towel market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment procured 46% revenue share in the cotton towel market in 2023. Numerous variables, such as significant consumer buying power, a strong taste for high-end home textiles, and an emphasis on sustainability and quality, are responsible for this market leadership. Asia Pacific consumers tend to value durable and high-quality cotton towels, which align with the region's focus on luxury and comfort in home products.

List of Key Companies Profiled

  • Utopia Deals Inc.
  • Grund America
  • Dunroven House
  • Orahome
  • Welspun India Limited
  • Trident Limited
  • MATTEO LLC
  • Elsatex Group
  • Red Land Cotton
  • Danica Studio

Market Report Segmentation

By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)
  • Offline
  • Online
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
  • Egyptian
  • Turkish
  • Pima
  • Blended
By Application (Volume, Thousand Units, USD Billion, 2020-2031)
  • Residential
  • Commercial
By Geography (Volume, Thousand Units, USD Billion, 2020-2031)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Cotton Towel Market, by Distribution Channel
1.4.2 Global Cotton Towel Market, by Type
1.4.3 Global Cotton Towel Market, by Application
1.4.4 Global Cotton Towel Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Global Cotton Towel Market by Distribution Channel
4.1 Global Offline Market by Region
4.2 Global Online Market by Region
Chapter 5. Global Cotton Towel Market by Type
5.1 Global Egyptian Market by Region
5.2 Global Turkish Market by Region
5.3 Global Pima Market by Region
5.4 Global Blended Market by Region
Chapter 6. Global Cotton Towel Market by Application
6.1 Global Residential Market by Region
6.2 Global Commercial Market by Region
Chapter 7. Global Cotton Towel Market by Region
7.1 North America Cotton Towel Market
7.1.1 North America Cotton Towel Market by Distribution Channel
7.1.1.1 North America Offline Market by Country
7.1.1.2 North America Online Market by Country
7.1.2 North America Cotton Towel Market by Type
7.1.2.1 North America Egyptian Market by Country
7.1.2.2 North America Turkish Market by Country
7.1.2.3 North America Pima Market by Country
7.1.2.4 North America Blended Market by Country
7.1.3 North America Cotton Towel Market by Application
7.1.3.1 North America Residential Market by Country
7.1.3.2 North America Commercial Market by Country
7.1.4 North America Cotton Towel Market by Country
7.1.4.1 US Cotton Towel Market
7.1.4.1.1 US Cotton Towel Market by Distribution Channel
7.1.4.1.2 US Cotton Towel Market by Type
7.1.4.1.3 US Cotton Towel Market by Application
7.1.4.2 Canada Cotton Towel Market
7.1.4.2.1 Canada Cotton Towel Market by Distribution Channel
7.1.4.2.2 Canada Cotton Towel Market by Type
7.1.4.2.3 Canada Cotton Towel Market by Application
7.1.4.3 Mexico Cotton Towel Market
7.1.4.3.1 Mexico Cotton Towel Market by Distribution Channel
7.1.4.3.2 Mexico Cotton Towel Market by Type
7.1.4.3.3 Mexico Cotton Towel Market by Application
7.1.4.4 Rest of North America Cotton Towel Market
7.1.4.4.1 Rest of North America Cotton Towel Market by Distribution Channel
7.1.4.4.2 Rest of North America Cotton Towel Market by Type
7.1.4.4.3 Rest of North America Cotton Towel Market by Application
7.2 Europe Cotton Towel Market
7.2.1 Europe Cotton Towel Market by Distribution Channel
7.2.1.1 Europe Offline Market by Country
7.2.1.2 Europe Online Market by Country
7.2.2 Europe Cotton Towel Market by Type
7.2.2.1 Europe Egyptian Market by Country
7.2.2.2 Europe Turkish Market by Country
7.2.2.3 Europe Pima Market by Country
7.2.2.4 Europe Blended Market by Country
7.2.3 Europe Cotton Towel Market by Application
7.2.3.1 Europe Residential Market by Country
7.2.3.2 Europe Commercial Market by Country
7.2.4 Europe Cotton Towel Market by Country
7.2.4.1 Germany Cotton Towel Market
7.2.4.1.1 Germany Cotton Towel Market by Distribution Channel
7.2.4.1.2 Germany Cotton Towel Market by Type
7.2.4.1.3 Germany Cotton Towel Market by Application
7.2.4.2 UK Cotton Towel Market
7.2.4.2.1 UK Cotton Towel Market by Distribution Channel
7.2.4.2.2 UK Cotton Towel Market by Type
7.2.4.2.3 UK Cotton Towel Market by Application
7.2.4.3 France Cotton Towel Market
7.2.4.3.1 France Cotton Towel Market by Distribution Channel
7.2.4.3.2 France Cotton Towel Market by Type
7.2.4.3.3 France Cotton Towel Market by Application
7.2.4.4 Russia Cotton Towel Market
7.2.4.4.1 Russia Cotton Towel Market by Distribution Channel
7.2.4.4.2 Russia Cotton Towel Market by Type
7.2.4.4.3 Russia Cotton Towel Market by Application
7.2.4.5 Spain Cotton Towel Market
7.2.4.5.1 Spain Cotton Towel Market by Distribution Channel
7.2.4.5.2 Spain Cotton Towel Market by Type
7.2.4.5.3 Spain Cotton Towel Market by Application
7.2.4.6 Italy Cotton Towel Market
7.2.4.6.1 Italy Cotton Towel Market by Distribution Channel
7.2.4.6.2 Italy Cotton Towel Market by Type
7.2.4.6.3 Italy Cotton Towel Market by Application
7.2.4.7 Rest of Europe Cotton Towel Market
7.2.4.7.1 Rest of Europe Cotton Towel Market by Distribution Channel
7.2.4.7.2 Rest of Europe Cotton Towel Market by Type
7.2.4.7.3 Rest of Europe Cotton Towel Market by Application
7.3 Asia Pacific Cotton Towel Market
7.3.1 Asia Pacific Cotton Towel Market by Distribution Channel
7.3.1.1 Asia Pacific Offline Market by Country
7.3.1.2 Asia Pacific Online Market by Country
7.3.2 Asia Pacific Cotton Towel Market by Type
7.3.2.1 Asia Pacific Egyptian Market by Country
7.3.2.2 Asia Pacific Turkish Market by Country
7.3.2.3 Asia Pacific Pima Market by Country
7.3.2.4 Asia Pacific Blended Market by Country
7.3.3 Asia Pacific Cotton Towel Market by Application
7.3.3.1 Asia Pacific Residential Market by Country
7.3.3.2 Asia Pacific Commercial Market by Country
7.3.4 Asia Pacific Cotton Towel Market by Country
7.3.4.1 China Cotton Towel Market
7.3.4.1.1 China Cotton Towel Market by Distribution Channel
7.3.4.1.2 China Cotton Towel Market by Type
7.3.4.1.3 China Cotton Towel Market by Application
7.3.4.2 Japan Cotton Towel Market
7.3.4.2.1 Japan Cotton Towel Market by Distribution Channel
7.3.4.2.2 Japan Cotton Towel Market by Type
7.3.4.2.3 Japan Cotton Towel Market by Application
7.3.4.3 India Cotton Towel Market
7.3.4.3.1 India Cotton Towel Market by Distribution Channel
7.3.4.3.2 India Cotton Towel Market by Type
7.3.4.3.3 India Cotton Towel Market by Application
7.3.4.4 South Korea Cotton Towel Market
7.3.4.4.1 South Korea Cotton Towel Market by Distribution Channel
7.3.4.4.2 South Korea Cotton Towel Market by Type
7.3.4.4.3 South Korea Cotton Towel Market by Application
7.3.4.5 Singapore Cotton Towel Market
7.3.4.5.1 Singapore Cotton Towel Market by Distribution Channel
7.3.4.5.2 Singapore Cotton Towel Market by Type
7.3.4.5.3 Singapore Cotton Towel Market by Application
7.3.4.6 Malaysia Cotton Towel Market
7.3.4.6.1 Malaysia Cotton Towel Market by Distribution Channel
7.3.4.6.2 Malaysia Cotton Towel Market by Type
7.3.4.6.3 Malaysia Cotton Towel Market by Application
7.3.4.7 Rest of Asia Pacific Cotton Towel Market
7.3.4.7.1 Rest of Asia Pacific Cotton Towel Market by Distribution Channel
7.3.4.7.2 Rest of Asia Pacific Cotton Towel Market by Type
7.3.4.7.3 Rest of Asia Pacific Cotton Towel Market by Application
7.4 LAMEA Cotton Towel Market
7.4.1 LAMEA Cotton Towel Market by Distribution Channel
7.4.1.1 LAMEA Offline Market by Country
7.4.1.2 LAMEA Online Market by Country
7.4.2 LAMEA Cotton Towel Market by Type
7.4.2.1 LAMEA Egyptian Market by Country
7.4.2.2 LAMEA Turkish Market by Country
7.4.2.3 LAMEA Pima Market by Country
7.4.2.4 LAMEA Blended Market by Country
7.4.3 LAMEA Cotton Towel Market by Application
7.4.3.1 LAMEA Residential Market by Country
7.4.3.2 LAMEA Commercial Market by Country
7.4.4 LAMEA Cotton Towel Market by Country
7.4.4.1 Brazil Cotton Towel Market
7.4.4.1.1 Brazil Cotton Towel Market by Distribution Channel
7.4.4.1.2 Brazil Cotton Towel Market by Type
7.4.4.1.3 Brazil Cotton Towel Market by Application
7.4.4.2 Argentina Cotton Towel Market
7.4.4.2.1 Argentina Cotton Towel Market by Distribution Channel
7.4.4.2.2 Argentina Cotton Towel Market by Type
7.4.4.2.3 Argentina Cotton Towel Market by Application
7.4.4.3 UAE Cotton Towel Market
7.4.4.3.1 UAE Cotton Towel Market by Distribution Channel
7.4.4.3.2 UAE Cotton Towel Market by Type
7.4.4.3.3 UAE Cotton Towel Market by Application
7.4.4.4 Saudi Arabia Cotton Towel Market
7.4.4.4.1 Saudi Arabia Cotton Towel Market by Distribution Channel
7.4.4.4.2 Saudi Arabia Cotton Towel Market by Type
7.4.4.4.3 Saudi Arabia Cotton Towel Market by Application
7.4.4.5 South Africa Cotton Towel Market
7.4.4.5.1 South Africa Cotton Towel Market by Distribution Channel
7.4.4.5.2 South Africa Cotton Towel Market by Type
7.4.4.5.3 South Africa Cotton Towel Market by Application
7.4.4.6 Nigeria Cotton Towel Market
7.4.4.6.1 Nigeria Cotton Towel Market by Distribution Channel
7.4.4.6.2 Nigeria Cotton Towel Market by Type
7.4.4.6.3 Nigeria Cotton Towel Market by Application
7.4.4.7 Rest of LAMEA Cotton Towel Market
7.4.4.7.1 Rest of LAMEA Cotton Towel Market by Distribution Channel
7.4.4.7.2 Rest of LAMEA Cotton Towel Market by Type
7.4.4.7.3 Rest of LAMEA Cotton Towel Market by Application
Chapter 8. Company Profiles
8.1 Utopia Deals Inc.
8.1.1 Company Overview
8.2 Grund America
8.2.1 Company Overview
8.3 Matteo LLC
8.3.1 Company Overview
8.4 Elsatex Group
8.4.1 Company Overview
8.5 Red Land Cotton
8.5.1 Company Overview
8.6 Danica Studio
8.6.1 Company Overview
8.7 Welspun India Limited
8.7.1 Company Overview
8.8 Trident Limited
8.8.1 Company Overview
8.8.2 Financial Analysis
Chapter 9. Winning Imperatives for Cotton Towel Market

Companies Mentioned

  • Utopia Deals Inc.
  • Grund America
  • Dunroven House
  • Orahome
  • Welspun India Limited
  • Trident Limited
  • MATTEO LLC
  • Elsatex Group
  • Red Land Cotton
  • Danica Studio

Methodology

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