The global cotton swabs market is anticipated to grow at CAGR of 4.7% during the forecast period (2022-2028). A cotton swab also known as cotton buds is a handheld item that consists of small wads of cotton wrapped at both ends of the stick made from various materials including plastic, paper, and wood. The major factor attributing to the growth of the global cotton swabs market is the increasing use of cotton swabs in hospitals and testing centers due to increasing COVID-19 cases across the globe. According to the COVID-19 Dashboard statistics provided by the World Health Organization (WHO), the estimated number of confirmed cases of COVID-19 was around 509 million by April 2022. The recorded number of mortality is around 6.23 million across the globe by April 2022. Thus, increasing the demand for cotton swabs for testing.
The use of cotton swabs is also increasing at home due to several beauty benefits provided by cotton swabs. The benefits include applying spot makeup, removal of makeup residuals, contouring the nose, fixing nail paint mistakes, and many others. Thus, propelling the growth of the global cotton swabs market.
Some major players in the market include Johnson & Johnson Pvt. Ltd., Unilever, Corman S.p.A., Daiso Industries Co. Ltd., and Tesco, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.
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Few Recent Developments-
- In March 2021, Roche diagnostics expanded its COVId-19 portfolio by launching its rapid antigen nasal test kit for diagnosing SARS-CoV-2 infection in the United Kingdom. The test kit will include a cotton swab for nasal insertion and will support the healthcare systems of the United Kingdom.
- In June 2020, UNCL Health launched new 3D printed cotton swabs in South California. The new cotton swabs can be used for testing purposes for diagnosing COVID-19.
- In April 2020, U.S Cotton, a Cleveland-based cotton production company got approval from USFDA for its Q-tip type polyester swabs. The approval for the new swab is given to maximize the production of swabs due to increasing COVID-19 cases.
- In September 2019, Johnson & Johnson Pvt. Ltd. made a strategic decision of shifting its production from plastic-based cotton swabs to paper-based cotton swabs. The company made this decision in order to reduce marine pollution that is caused due to usage of plastic-based cotton swabs.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-
- Johnson & Johnson Pvt. Ltd., Unilever, Corman S.p.A., Daiso Industries Co. Ltd., Tesco, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Cotton Swabs Market Report by Segment
By Type
- Paper
- Plastic
- Wood
By Application
- Home Use
- Spa & Salons
- Hospitals
- Others
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Scope of the Report
The research study analyzes the Global Cotton Swabs industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Cotton Swabs Market Report
1. What was the Global Cotton Swabs Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Cotton Swabs Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Cotton Swabs Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Cotton Swabs market.
- The market share of the Global Cotton Swabs market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Cotton Swabs market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Cotton Swabs market.
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