More than seven billion rolls of toilet paper are sold yearly in the United States. Americans use an average of 23.6 rolls per capita per year.
Likewise, what is the toilet paper industry worth?
The global toilet paper market size was valued at $26.0 billion in 2020 and is anticipated to reach $39.5 billion by 2028, with a CAGR of 5.2% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of $13.4 billion from 2020 to 2028.
Just so, what type of market is toilet paper in? The toilet-paper industry consists of two worlds: the consumer market, the small rolls in your bathroom at home; and the commercial market, the big rolls you use when you’re away from home. Tak: So, it’s schools, it’s office buildings, it’s restaurants, it’s other food service, hotels.
Besides, why toilet paper sales are slowing?
A combination of increased use and stockpiling led to toilet-paper shortages, executives said at the time. Tissue used in office bathrooms and public restrooms is generally built at different plants, and funneled through a different supply chain, than toilet paper sold to consumers at stores.