Disposable Shower Caps Market Anticipated to Witness High Growth Owing to Increased Urban Population
Disposable Shower Caps Market |
The disposable shower caps market has witnessed significant growth over the past few years owing to the rising urban population worldwide. Disposable shower caps are made from thin polyfilms and used as hygiene barriers to protect hair from water during showering across hotels, spas, and gyms. The growing health and hygiene consciousness among individuals has boosted the demand for disposable shower caps across various end-use sectors. In addition, the proliferation of hotels and gyms in tier I and tier II cities has surged the consumption of disposable shower caps. The global disposable shower caps market is estimated to be valued at US$ 560.13 Bn in 2024 and is expected to exhibit a CAGR of 18% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Disposable Shower Caps Market Demand are Tamarind Global, Cox & Kings, SOTC, Thomas Cook, Red Fox Hotel, Le Passage to India, Blank Canvas, Envent Worldwide, Orange County Resorts & Hotels, The Park Hotels, Radisson Hotel Group, Hyatt Hotels Corporation, Hilton, Kuoni India, ITDC, Ferns N Petals, Wedniksha, The Leela Palaces, Hotels and Resorts, ITC Hotels, Marriott International. Tamarind Global is the prominent player with strong operations across India.
Increasing health awareness and rising demand for personal hygiene products have opened significant opportunities in disposable shower caps market. The demand is expected to witness an uptick in gyms, salons and medical facilities. Further, international tourist arrivals have been consistently rising in various countries fueling opportunities in hospitality establishments.
Key players have been focusing on global expansion to leverage opportunities arising from growing need of disposable shower caps worldwide. Companies are strengthening their presence in Asian and European countries through partnerships, mergers and acquisitions.
Market drivers: The rising trend of hotel bookings via online travel portals and mobile apps is a major market driver. Easy accessibility and hassle-free booking experience offered by OTAs is promoting tourism worldwide. In addition, the growing working-class population opting for gym memberships is surging the demand for hygienic disposable shower caps across fitness centers.
Market restraints: High price competition owing to the presence of local and private label players poses challenges to established brands. In addition, imposition of stringent government regulations pertaining to usage of plastic restricts disposable shower caps market growth to some extent.
Segment Analysis
The disposable shower caps market experiences high demand for the polyethylene (PE) material segment. PE shower caps are lightweight, durable, and waterproof. Their low manufacturing cost makes them highly affordable. As a result, PE shower caps account for around 60% of the total disposable shower caps market share.
The non-woven material segment is another dominating sub-segment. Non-woven shower caps are made using polypropylene and other fibers. They are easy to produce, making them cost-effective. Moreover, non-woven caps are highly absorbent and can hold more water than PE caps. They also come in varied styles, colors and designs. This increasing the sales for non-woven shower caps.
Global Analysis
The Asia Pacific region dominates the global disposable shower caps market in terms of size. Rapid industrialization and urbanization in countries like China and India have boosted demand from the hospitality sector. Furthermore, the expanding middle-class population with increased disposable incomes favors market growth. Heavy investments by major players to strengthen distribution channels across Asia have also propelled the regional market.
North America is another lucrative market for disposable shower caps. Increased health awareness and focus on hygiene are driving demand. The presence of leading manufacturers and availability of multiple product varieties further support the regional market expansion. Moreover, high spending ability of consumers on personal care and hotel amenities augments the North America disposable shower caps industry.
Get more insights on Disposable Shower Caps Market
Comments
Post a Comment