Handkerchief Market

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Handkerchief Market Revenue Drivers, Growth
Opportunities, Value Chain Analysis and COVID-19
Impact Insights, 2028
The global handkerchief market size was valued
at USD 9.68 billion in 2020 and is expected
to expand at a CAGR of 4.8 from 2021 to
2028
The global Handkerchief Market research report
provides complete insights on industry scope,
trends, regional estimates, key application,
competitive landscape and financial performance
of prominent players. It also offers ready
data-driven answers to several industry-level
questions. This study enables numerous
opportunities for the market players to invest in
research and development. Market Overview The
global handkerchief market size is expected to
reach USD 14.05 billion by 2028, according to a
new report by Million Insights. It is expected to
expand at a CAGR of 4.8 from 2021 to 2028.
Consumers increased preference for personal care
products, coupled with the rising demand for
environment-friendly products, will drive the
market. Increased use of handkerchiefs among
men and women for multiple purposes, such
as hygienic and fashion, will drive the
market globally. In the last few decades,
handkerchiefs have been largely replaced by
facial tissues. However, the growing
awareness among consumers about
environment-friendly products helps them realize
facial tissues have adverse effects on the
environment as they are not recyclable. These
factors have led to a shift in consumers
preferences toward handkerchiefs as they are
reusable and durable. The growth of the
middle-class population, rise in disposable
income, and increased spending on fashionable
and trendy products will drive the market in the
years to come. The product plays a vital role for
anyones personal hygienic purposes, such as
wiping the face or hand or blowing ones nose. It
is an important tool in everybodys life as it is
used to dry the wash hands, clean the running
nose, and dumb away forehead moisture.
Handkerchiefs made of cotton or silk
materials have high acceptance among
consumers.
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-demo Manufacturing companies are launching new
products by considering consumers choice
preferences and are coming up with a variety of
design patterns and sizes to attract a large
number of consumers across the world. The
availability of top brands and
consumers inclination toward trendy
products make handkerchiefs an essential tool
for every individual. Product Type
Insights The cotton segment held the largest
share of more than 60.0 in 2020. Cotton products
have high demand in the global market as they
have high absorption power, high durability, and
are light in weight, making them a favorite among
users. There are a variety of cotton used to make
handkerchiefs like sateen cotton, organic cotton
sateen, cotton lawn, and cotton poplin. The silk
segment is estimated to register the fastest
growth rate of 5.2 from 2021 to 2028. Silk is
softer in touch, good for human skin, and most
hypoallergenic of all the fabrics. Silk hankies
are widely used as a pocket square as they
are used as a decorative accessory in a
suit pocket. The easy availability of top
brands in a variety of design patterns and
increasing demand for pocket squares will drive
the segment in the years to come. Regional
Insights Asia Pacific held the largest share of
over 38.0 in 2020. Handkerchiefs have growing
demand from this region as it holds the worlds
largest number of people. China, India, and Japan
are the major contributors to the regional market
growth as these countries hold a larger working
population, which are well aware of hygiene and
fashionable accessories. North America is
projected to expand at the fastest CAGR of 5.3
from 2021 to 2028. The presence of a number of
global players in this region, increased use of
square pockets as a decorative accessory, the
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• growing demand for eco-friendly products,
  the availability of the product in a
  variety of patterns, and increased use of the
  product for hygiene purpose will drive the market
  in this region.
• List of Key Players of Handkerchief Market
• Kamawanu
• Libeco
• Gucci
• Ralph Lauren
• Louis Vuitton
• Dior
• Levi Strauss Co.
• Selected
• Adidas
• Nike
• Versace
• The Dapper Tie
• Ted Baker
• Chanel
• Prada

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