Tissue paper market

1. Frenzy Buying Due to Covid-19 Pandemic Leads to Significant Gap in Demand and Supply in Tissue Paper Market Tissue paper can be made of recycled paper pulp or paper recycled with no bleaching or acid processing of the paper. The resulting material is more absorbent than most commercial papers. Tissue is also available in many colors and styles to complement any decor. Tissue paper is very absorbent, allowing it to absorb liquids and solids without being damaged. Because it can be used over again, tissue paper is very economical. Many manufacturers are making their products with recycled paper pulp because it does not cause harm to nature and the environment. In addition, paper pulp is more biodegradable than paper from trees. Market Dynamics Increasing number of housing units is expected to propel growth of the global tissue paper market over the forecast period. For instance, according to The U.S. Census Bureau and the U.S. Department of Housing and Urban Development, in 2019, an estimated 1.290 million housing units were started in the U.S., witnessing an increase of 3.2% compared to 2018.  Decline in the hotel & lodging sector is expected to hinder growth of the global tissue paper market. For instance, according to Oxford Economics, the U.S. hotel & lodging sector is expected to witness 50% revenue decline (projected) for entirety of 2020. Among regions, North America is expected to witness significant gap in supply and demand, thereby adversely impacting growth of the tissue paper market. For instance, in November 2020, Walmart reported short supply of toilet paper and cleaning supplies at some stores. Read More@https://cmiorientedblogexplorer.blogspot.com/2021/04/frenzy-buying-due-to-covid- 19-pandemic.html