What is the Prospect of the Wet Wipes Market?

With the increase of residents' income, the increase of health awareness, the improvement of consumers' quality of life and the development of hygienic habits, the requirements for disposable sanitary products are becoming higher and higher, and Wet Wipes have gradually become people's daily necessities. In addition to ordinary wet wipes for skin cleaning, wet wipes are more popular in the world for disposable surface disinfection wipes, which are not equivalent to ordinary Sanitary Wipes. This kind of surface disinfection wipes mainly acts on the surface of objects, not the human body, and has a wider sterilization spectrum, which can kill bacteria and viruses (hepatitis B, AIDS and other viruses). Domestic use has gradually become popular among many surface disinfection wipes. The disinfection wipes with low-concentration hydrogen peroxide as the disinfecting component are the safest, have very low corrosiveness, and are non-irritating and harmless to the human body. In the field of surface disinfection in Europe and North America, peroxides are a major trend.

The flexible paper industry is still in a stage of relative overcapacity. In recent years, the investment of new capacity has been too concentrated, the pressure of competition has increased, coupled with the stricter national environmental protection requirements, the depreciation of the RMB exchange rate, and the continuous increase in marketing costs, many factors have caused small and medium paper mills to operate With increasing pressure, the industry has entered a reshuffle period. Some of the projects scheduled to be put into production in 2019 are still postponed.
Overcapacity also affects equipment suppliers. Due to the blowout growth of investment in the tissue industry in recent years, many domestic equipment suppliers have been attracted to enter the household paper production and processing equipment manufacturing industries. They are promoting technological progress in the industry and replacing imported products. At the same time, price competition for equipment is becoming increasingly fierce. As the investment peak period for eliminating outdated production capacity in this round is coming to an end, new market demand will gradually fall in the future, and the risk of small and medium equipment suppliers being eliminated will increase.