Cotton Bud Market Production, Import, Export and Consumption Forecast & Regional Analysis by 2023
29 November 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.
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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.
Based
on the distribution channel, hypermarket & supermarket, retail stores,
online channels, cosmetic stores, and others could classify the market in the
forecast period. The hypermarket & supermarket sector accounted for the
substantial market share of a cotton bud market and is estimated to lead the
overall market in the years to come. The reason could be the easy availability
of product from baby-infant-children centric to adult-centric.
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.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Cotton Bud in these regions, from 2012 to 2023
(forecast), covering
•
North America (United States, Canada and Mexico)
•
Europe (Germany, France, UK, Russia and Italy)
•
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
•
South America (Brazil, Argentina, Columbia)
•
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Cotton Bud market competition by
top manufacturers, with production, price, revenue (value) and market share for
each manufacturer; the top players including
•
Puritan
•
Manward Healthcare
•
Super Brush
•
Xiamen Junkun Medical Healthy Devices
•
Alifax
•
Biosigma
•
F.L. Medical
•
Copan Diagnostics
•
Hubei Qianjiang Kingphar Medical Material Company Ltd..
On the basis of product, this report
displays the production, revenue, price, market share and growth rate of each
type, primarily split into
•
Wood Cotton Bud
•
Paper Cotton Bud
•
Plastic Cotton Bud
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