Asia Pacific Beach Towels Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis – by Type (Anti-Microbial and Regular), Material Type (Cotton, Microfiber, Polyester, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)


No. of Pages: 89    |    Report Code: BMIRE00028055    |    Category: Consumer Goods

Asia Pacific Beach Towels Market
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The Asia Pacific beach towels market is expected to grow from US$ 178.84 million in 2022 to US$ 226.45 million by 2028. It is estimated to grow at a CAGR of 4.0% from 2022 to 2028.

Product Innovation Pertaining to Beach Towels is Driving the Asia Pacific Beach Towels Market

Various fabric companies are trying to innovate fabrics used for designing beach towels. Some companies are using recycled fabric to make towels eco-friendly, sand-repellent, antimicrobial, lightweight, and rapidly drying. They are also trying to develop towels that can hold three times their weight in water and are ultra-portable so that a full-sized towel can be folded up to the size of a giant burrito, making it a perfect choice for traveling when space is at a premium. Such rising innovations in fabrics used to manufacture beach towels are anticipated to surge the market growth in the coming years. Some fabrics used in towels allow sand to slip off quickly without getting lodged in fibers like a traditional cotton towel. Manufacturers focus on product innovation to serve their customers better. These beach towels are sand-free, rapidly drying, ultra-absorbent, and compact & lightweight. With such product innovations, manufacturers are expected to expand their reach and gain a competitive edge in Asia Pacific beach towels market.  

 

Asia Pacific Beach Towels Market Overview 

 

The increasing purchasing power, leading to higher expenditure on personal care products is augmenting the Asia Pacific beach towels market. According to the World Bank Organization 2021, the household disposable income of Asia Pacific has been revised to 7.9%. In addition, durability, strength, cost efficiency, water resistance, sand-free, and reasonably low weight are among the features of a beach towels that help boost their sales in the region. Beach towels are preferred as they provide comfort to sit or lie on the beach, protecting from the hot sand. The use of fabrics and personal care products is gaining traction in the region. Transforming lifestyle, growing awareness, and rapidly changing fashion trends led to the adoption of beach towels in the region. Recently, Asian countries such as Indonesia, Maldives, Vietnam, and Malaysia witnessed a boom in the tourism industry. People’s urge to explore new destinations and rising trend of spending vacations at oceans fueled the demand for beach towels across the region. The e-commerce industry is booming and witnessing a dramatic shift as consumers are increasingly preferring online platforms for purchasing essential commodities. As online platforms are most-preferred distribution channels due to their shopping and product delivery convenience, they are driving the demand for beach towels.

 

Asia Pacific Beach Towels Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Beach Towels Market Revenue and Forecast to 2028 (US$ Million)
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Asia Pacific Beach Towels Strategic Insights

Strategic insights for the Asia Pacific Beach Towels provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific Beach Towels Report Scope

Report Attribute Details
Market size in 2022 US$ 178.84 Million
Market Size by 2028 US$ 226.45 Million
Global CAGR (2022 - 2028) 4.0%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Type
  • Anti-Microbial
  • Regular
By Material Type
  • Cotton
  • Microfiber
  • Polyester
By Distribution Channel
  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Retail
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Canningvale Australia Pty Ltd.
  • Dock & Bay Ltd
  • Hatton Textiles International Ltd.
  • Oasis Towels
  • Pendleton Woolen Mills Inc.
  • Qihai Textile Co. Ltd.
  • Sandex Corp
  • Snappy Towels Inc.
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    Asia Pacific Beach Towels Regional Insights

    The geographic scope of the Asia Pacific Beach Towels refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Asia Pacific Beach Towels Market Segmentation    

     

    The Asia Pacific beach towels market is segmented based on type, material type, distribution channel, and country.

     

    Based on type, the Asia Pacific beach towels market is bifurcated into anti-microbial and regular. The regular segment held a larger market share in 2022.

     

    Based on material type, the Asia Pacific beach towels market is segmented into cotton, microfiber, polyester, and others. The cotton segment held the largest market share in 2022.

     

    Based on distribution channel, the Asia Pacific beach towels market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets and hypermarkets segment held the largest market share in 2022.

     

    Based on country, the Asia Pacific beach towels market has been categorized into China, India, Japan, South Korea, Australia, and the Rest of Asia Pacific. Our regional analysis states that China dominated the market in 2022.

     

    Canningvale Australia Pty Ltd., Dock & Bay Ltd, Hatton Textiles International Ltd., Oasis Towels, Pendleton Woolen Mills Inc., Qihai Textile Co. Ltd., Sandex Corp, and Snappy Towels Inc. are the leading companies operating in the Asia Pacific beach towels market.

    The List of Companies - Asia Pacific Beach Towels Market

    1. Canningvale Australia Pty Ltd.
    2. Dock & Bay Ltd
    3. Hatton Textiles International Ltd.
    4. Oasis Towels
    5. Pendleton Woolen Mills Inc.
    6. Qihai Textile Co. Ltd.
    7. Sandex Corp
    8. Snappy Towels Inc.
    Frequently Asked Questions
    How big is the Asia Pacific Beach Towels Market?

    The Asia Pacific Beach Towels Market is valued at US$ 178.84 Million in 2022, it is projected to reach US$ 226.45 Million by 2028.

    What is the CAGR for Asia Pacific Beach Towels Market by (2022 - 2028)?

    As per our report Asia Pacific Beach Towels Market, the market size is valued at US$ 178.84 Million in 2022, projecting it to reach US$ 226.45 Million by 2028. This translates to a CAGR of approximately 4.0% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific Beach Towels Market report typically cover these key segments-

    • Type (Anti-Microbial, Regular)
    • Material Type (Cotton, Microfiber, Polyester)
    • Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail)

    What is the historic period, base year, and forecast period taken for Asia Pacific Beach Towels Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Beach Towels Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Asia Pacific Beach Towels Market?

    The Asia Pacific Beach Towels Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Canningvale Australia Pty Ltd.
  • Dock & Bay Ltd
  • Hatton Textiles International Ltd.
  • Oasis Towels
  • Pendleton Woolen Mills Inc.
  • Qihai Textile Co. Ltd.
  • Sandex Corp
  • Snappy Towels Inc.
  • Who should buy this report?

    The Asia Pacific Beach Towels Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Beach Towels Market value chain can benefit from the information contained in a comprehensive market report.

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