Latin America Wet Wipes Market Size & Outlook, 2022-2030
The wet wipes market in Latin America is expected to reach a projected revenue of US$ 1,136.9 million by 2030. A compound annual growth rate of 4.8% is expected of Latin America wet wipes market from 2023 to 2030.
The Latin America wet wipes market generated a revenue of USD 778.6 million in 2022.
The market is expected to grow at a CAGR of 4.8% from 2023 to 2030.
In terms of segment, household/disinfectant/cleaning wipes was the largest revenue generating type in 2022.
Intimate Wipes is the most lucrative type segment registering the fastest growth during the forecast period.
Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
Market revenue in 2022
USD 778.6 million
Market revenue in 2030
USD 1,136.9 million
Growth rate
4.8% (CAGR from 2022 to 2030)
Largest segment
Household/disinfectant/cleaning wipes
Fastest growing segment
Intimate Wipes
Historical data covered
2017 - 2021
Base year for estimation
2022
Forecast period covered
2023 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Baby Wipes, Facial & Cosmetic Wipes, Hand & Body Wipes, Intimate Wipes, Flushable Wet Wipe, Household/Disinfectant/Cleaning Wipes
Key market players worldwide
Clorox Co, Kimberly-Clark Corp, Reckitt Benckiser Group PLC, Unilever PLC, Johnson & Johnson, The Honest Co Inc, Procter & Gamble Co, Himalaya Wellness, Wipesplus
Other key industry trends
In terms of revenue, Latin America region accounted for 2.9% of the global wet wipes market in 2022.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 13,616.9 million by 2030.
All major countries in this region, including Brazil are experiencing a rise in per capita consumption of cosmetics and personal hygiene products, which is expected to drive market growth. The growing consciousness about cleanliness among men as well as women has boosted the demand for wipes.
Also, a rise in the disposable incomes of people is expected to have a positive influence on the market. Wipes have come as a relief to people who are managing hectic day-to-day lives because of work pressures and the responsibility of children.
The rising number of women in the workforce and increased spending on hygiene are key factors contributing to the growth of this product segment. The employment rate of women in the region has grown significantly in the last decade.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Wet Wipes Market Outlook will help companies and investors design strategic landscapes.
Household/Disinfectant/Cleaning Wipes was the largest segment with a revenue share of 29.81% in 2022.
Horizon Databook has segmented the Latin America wet wipes market based on baby wipes, facial & cosmetic wipes, hand & body wipes, intimate wipes, flushable wet wipe, household/disinfectant/cleaning wipes covering the revenue growth of each sub-segment from 2017 to 2030.
All major countries in this region, including Brazil are experiencing a rise in per capita consumption of cosmetics and personal hygiene products, which is expected to drive market growth. The growing consciousness about cleanliness among men as well as women has boosted the demand for wipes.
Also, a rise in the disposable incomes of people is expected to have a positive influence on the market. Wipes have come as a relief to people who are managing hectic day-to-day lives because of work pressures and the responsibility of children.
The rising number of women in the workforce and increased spending on hygiene are key factors contributing to the growth of this product segment. The employment rate of women in the region has grown significantly in the last decade.
Latin America Wet Wipes Market Type Outlook (Revenue, USD Million , 2017-2030)
Baby Wipes
Facial & Cosmetic Wipes
Hand & Body Wipes
Intimate Wipes
Flushable Wet Wipe
Household/Disinfectant/Cleaning Wipes
Others
Latin America Wet Wipes Market Material Outlook (Revenue, USD Million , 2017-2030)
Non-Woven
Woven
Latin America Wet Wipes Market Distribution Channel Outlook (Revenue, USD Million , 2017-2030)
Supermarkets & Hypermarkets
Convenience Stores
Pharmacies and Drug Stores
E-commerce
Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Wet Wipes Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Wet Wipes Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.