DUBLIN--(BUSINESS WIRE)--The "Global Cotton Buds Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering.
The global cotton buds market accounted for a volume of 543.75 billion units in 2017, expected to expand at a CAGR of 3.4% from 2018 to 2026.
Factors such as rising population, increasing hygiene awareness, and increasing per capita expenditure of consumers identified as major drivers in the market. However, factors such as increasing awareness on disadvantages of using cotton buds for ear cleaning coupled with rising concern over mitigating marine plastic waste in Europe especially, expected to hamper the overall market growth.
Used cotton buds with plastic spindle are disposed in the toilets that escape through sewage and mix with water bodies making cotton buds as the most pervasive forms of marine pollution, motivating manufacturers to switch from plastic cotton buds to rolled paper cotton buds. For instance, Jhonson & Jhonson, a leading manufacturer of cotton buds is transitioning from plastic to rolled paper cotton buds in half of the world to support the on-going movement against plastic cotton buds in Europe.
Rolled paper and extruded plastics also made their way into the market where rolled paper contained heavy paper gauge over which the cotton swab was rolled. Plastic (extruded ones) gained immense popularity in comparison to rolled paper and wood. In the extruded plastic stick, an extra protective plastic cap can be fixed on the other end of spindle, under the cotton coating. This acts like a cushioning element and protects the stick tip's possible protrusion that can damage the rolled cotton swab.
Factors affecting growth are high rate of urbanization, increasing number of outlet channels and easy availability of product. Furthermore, the manufacturers are diversifying their product range from adult-centric to baby-infant-children centric that helps in growth of sales.
The potential side effects of traditional plastic cotton buds have contributed to rise in demand for organic products. Several manufacturers have already introduced environment friendly cotton buds manufactured from chemical free organic cotton and rolled paper as spindle. Rising environmental concerns, consumer shift towards natural products, and risk associated with the chemically synthesized cotton buds has given rise to the demand for 100% organic cotton buds across the globe.
Key Topics Covered
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Cotton Buds Market, By Material
Chapter 5 Global Cotton Buds Market, By Application
Chapter 6 Global Cotton Buds Market, by Geography
Chapter 7 Company Profiles
7.1 Johnson & Johnson
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