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Yahoo
08-07-2025
- Business
- Yahoo
Growing Attention Towards Green Solutions, Shift Towards Advanced Solutions, Concerns About Hygiene and Sanitation
The global Professional Hygiene Market, valued at USD 17.80 billion in 2024, is projected to grow at a 5.84% CAGR, reaching USD 25.02 billion by 2030, driven by increased hygiene awareness and government support. Tissue & napkins dominate the product segment with an 80% share, while hospitality is the top application sector. The online distribution channel is set for a 7% growth rate, and North America leads the market share with notable growth in APAC. Trends include green hygiene solutions and advanced technologies like IoT-connected cleaning devices. Key players like Essity and Kimberly-Clark continue to drive market dynamics. Professional Hygiene Market Dublin, July 08, 2025 (GLOBE NEWSWIRE) -- The "Professional Hygiene Market - Focused Insights 2021-2030" report has been added to Professional Hygiene Market was valued at USD 17.80 billion in 2024, and is projected to reach USD 25.02 billion by 2030, rising at a CAGR of 5.84% The global professional hygiene market report consists of exclusive data on 50 vendors. The market is characterized by high market concentration and high competition among players. The present scenario is driving vendors to alter and refine their unique value propositions to achieve a strong market presence. The market is prone to the threat of infiltration by low-quality products. The major vendors in the market continually compete for the leading position, with occasional spurts of competition from other local vendors. The market is characterized by the presence of diversified global, regional, and domestic vendors. Regional vendors are estimated to find it increasingly difficult to compete with these global players, as international players expand their market footprint. The future of the global professional hygiene market will rely on new product features, such as eco-friendly and sustainable products and natural-ingredient-based product developments. PROFESSIONAL HYGIENE MARKET TRENDS & DRIVERS Growing Attention Towards Green Professional Hygiene SolutionsGreen professional hygiene is a rapidly emerging trend in the market. It refers to hygiene and cleaning practices that prioritize both human health and environmental sustainability. Environmental sustainability is a rapidly growing concern across every industry, including the healthcare industry. Environmental consciousness and sustainability have become a central part of the professional hygiene industry. With the growing pressure to reduce carbon footprints, several industries are embracing eco-friendly cleaning and hygiene solutions, meeting Environmental, Social, and Governance (ESG) Criteria, and adopting Corporate Social Responsibility (CSR) practices. This new shift protects the environment as well as appeals to eco-conscious consumers, offering a competitive Towards Advanced Professional Hygiene SolutionsThe hygiene sectors are running faster with technologies and modern techniques than ever before. The importance of advanced professional hygiene technologies and techniques is well-recognized nowadays, as the growing global movements of goods and people have been uncannily exposed to an array of health issues, creating significant demand for advanced cleaning solutions in professional hygiene. As more businesses and organizations look for ways to improve their digital hygiene infrastructure, they are expected to heavily invest in internet-connected cleaning devices in their public spaces. For instance, smart bathrooms and associated hygiene solutions are an emerging trend in the professional hygiene market. In addition, automatic soap dispenser segments are connecting IoT (Internet of Things) devices to their products, providing a sanitary no-touch experience without any spillage of water and soap About Hygiene and SanitationSince the COVID-19 pandemic, public awareness about the essence of hygiene and sanitation has undergone a huge transformation. The same concern about hygiene was reported at various workplaces. Professional hygiene has become an essential part of healthcare, transport, corporate offices, and several other occupational areas. Essity, one of the leading market players, reported that concern about office hygiene and cleanliness has risen. Changes in behaviour and attitude among employees about the workplace and cleanliness are becoming a major factor in enhancing productivity. According to the Essity survey 2022, more than 84% of the US-based employees demand enhanced hygiene and sanitation practices at the workplace. Also, the Essity presentation stated that more than 1.5 million employees are infected at workplaces in the U.S. Government Support for Professional HygieneThe growing concern about public health has led government organizations across the world to increase their focus on public health and economic well-being. By implementing and promoting hygiene practices, government authorities aim to reduce the spread of infectious diseases, improve overall health, and boost productivity. The US government supports professional hygiene practices through agencies like the Centers for Disease Control and Prevention (CDC) and the Occupational Safety and Health Administration (OSHA). These organizations set standards for professional hygiene and provide training programs. In 2024, OSHA reported that the US Department of Labor awarded around $12.7 million to almost 100+ nonprofits nationwide to fund training and education initiatives designed to create safer workplaces. GEOGRAPHICAL ANALYSISNorth America dominates and holds the largest global professional hygiene market share, with the U.S. contributing to the highest revenue share in 2024, as it is the largest economy in the region. Furthermore, North America has witnessed the highest healthcare expenditure on hygiene and cleaning solutions and services. The demand for professional hygiene solutions is significantly high in North America, due to the significant concern about health and hygiene, employees' attention towards safe and clean work places, and presence of several supportive policies as well as organization that are promoting hygiene practices at workplaces are boost the significant demand for professional hygiene solutions. According to the Interclean company article 2025, the US and Canadian healthcare settings are increasing attention towards preventing healthcare-associated infection and improving patient and health workers' health, increasing demand for professional hygiene region shows prominent growth, with the fastest-growing CAGR of 7.01% during the forecast period. APAC emerges as a rapidly evolving region for professional hygiene solutions, propelled by its diverse economies, growing urbanization, and rapidly expanding access to cleaning and hygiene solutions and services. In 2021, the WHO reported that hand hygiene practices were widely promoted across the region for a range of businesses operating across the region. Hand hygiene practices have now become mainstream for workplaces, communities, and marketplaces. In APAC, China, Japan, and India are the leading countries contributing significantly to the regional market addition, India has witnessed rapid market growth due to the increasing awareness and acceptance of professional hygiene practices across private and public entities, rising government support, and mandatory guidelines, creating lucrative opportunities for market growth in TAKEAWAYS By Product: In 2024, the tissue & napkins segment accounted for the largest market share of around 80%. By Application: The hospitality segment holds the largest global professional hygiene market share. By Distribution Channel: The online segment shows the highest growth of 7% during the forecast period. By Geography: North America dominates the global professional hygiene market share, and APAC shows the highest growth of 7.01% in the global market during the forecast period. Growth Factor: The global professional hygiene market is set to grow due to the rising concerns about hygiene and sanitation, and growing government support for professional hygiene. RECENT VENDORS ACTIVITIES In 2025, Intercare Limited and Kimberly-Clark Professional made a partnership to revolutionize hygiene standards in Middle East countries, such as Oman, Qatar, and the UAE. In 2024, Essity, one of the leading companies in professional hygiene, completes the divestment of its entire holding of shares in Vinda International Holding Limited. With this divestment, Essity will retain a presence in Asian markets and Vinda through the continued licensing of Essity's brands. In 2024, WEPA Hygieneprodukte, a leading company in hygiene, successfully acquired Star Tissue UK. Star Tissue UK was a pioneer in hygiene paper and will operate under the name of "WEPA Professional UK and will further its position in the professional hygiene market. KEY QUESTIONS ANSWERED What is the growth rate of the global professional hygiene market? What are the factors driving the global professional hygiene market growth? How big is the global professional hygiene market? Which product type will dominate the global professional hygiene market growth? Which region will have the highest growth in the global professional hygiene market? Key Attributes: Report Attribute Details No. of Pages 140 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $17.8 Billion Forecasted Market Value (USD) by 2030 $25.02 Billion Compound Annual Growth Rate 5.8% Regions Covered Global Key Vendors Cascades Pro Essity Aktiebolag Kimberly-Clark Koch Industries Reckitt Benckiser Group Other Prominent Vendors Ableman International American Specialties Askon Hygiene Products Betco Corporation Best Sanitizers Inc Bobrick Washroom Equipment Brightwell Dosing Bradley Systems BRIGHT PANCAR Christeyns Cipla Cleenol Group Contec. Inc Dreumex Ecolab Euronics EcoHydra Technologies Fluid Energy Group GOJO Industries G9 Chemicals Hokwang Industries Himalaya Global Holdings Hi-Genie Intercare JVD Kutol Kiilto Lion Corporation Nice-Pak Products Pal International PAUL HARTMANN Prevest DenPro Limted SC Johnson & Son SOFIDEL STERIS Stryker Sklar Surgical Instruments Safetec Serchem Vi-John Vectair WEPA Hygieneprodukte Whiteley Zep Zoono Group SEGMENTATION & FORECAST By Product Tissue & Napkins Soap & Sanitizers Wiping & Cleaning By Application Hospitality Commercial Public Interest Healthcare Industrial By Distribution Channels Offline Online By Geography North America US Canada Europe Germany France Spain Italy UK APAC China Japan India Australia South Korea Latin America Brazil Mexico Argentina Middle East & Africa UAE Saudi Arabia South Africa For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Professional Hygiene Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
16-06-2025
- Business
- Yahoo
How Cadence Bank, Kimberly-Clark, And Robert Half Can Put Cash In Your Pocket
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Cadence Bank, Kimberly-Clark, and Robert Half have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 5%. Cadence Bank (NYSE:CADE) provides commercial banking and financial services in the U.S. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Cadence Bank has raised its dividends every year for the last 12 years. In its most recent dividend hike announcement on Jan. 22, its board increased the quarterly payout by 10% to $0.275 per share, equaling an annual figure of $1.10 per share. More recently, in its dividend announcement on April 23, the company maintained the payout at the same level. Currently, the dividend yield on the stock is 3.50%. Cadence Bank's annual revenue as of Dec. 31 stood at $1.79 billion. In its Q1 2025 earnings release on April 21, the company posted revenues of $448.54 million, below the consensus estimate of $451.05 million, while EPS of $0.71 beat the consensus of $0.64. Is Cadence Bank gaining or losing market support? Check out this article by Benzinga to learn more. Trending: Invest Where It Hurts — And Help Millions Heal: Kimberly-Clark Corp. (NASDAQ:KMB) manufactures and markets personal care products internationally. It has increased its dividends consecutively for the last 53 years. As per its most recent dividend hike announcement on Jan. 28, the company raised the quarterly payout by 3.3% to $1.26 per share, equal to an annual figure of $5.04. More recently, in its dividend announcement on May 1, the company maintained the payout at the same level. The dividend yield is 3.79%. Kimberly-Clark's annual revenue as of March 31 stood at $19.75 billion. In the company's Q1 2025 earnings release on April 22, it posted revenues of $4.84 billion, missing the consensus estimate of $4.88 billion, while EPS of $1.93 came in above the consensus of $1.89. , Robert Half Inc. (NYSE:RHI) provides talent solutions and business consulting services in the U.S. and internationally. Robert Half raised its dividends every year for the last 20 years. In its most recent dividend hike announcement on Feb. 12, the company's board increased the quarterly payout from $0.53 to $0.59 per share, which is equal to an annual figure of $2.36 per share. More recently, in its dividend announcement on May 1, the company maintained the payout at the same level. Currently, the dividend yield on the stock stands at 5.27%. The company's annual revenue as of March 31 stood at $5.67 billion. In its Q1 2025 earnings release on April 23, the company posted revenues of $1.35 billion and EPS of $0.17, both coming in below the consensus estimates. Cadence Bank, Kimberly-Clark, and Robert Half are good choices for investors seeking reliable passive income. Their dividend yields of around 3% to 5% and long history of consistent hikes make them attractive to income-focused investors. Check out this article by Benzinga for three more stocks offering high dividend yields. Read Next: Maximize saving for your retirement and cut down on taxes: . If there was a new fund backed by Jeff Bezos offering a ? Image: Shutterstock This article How Cadence Bank, Kimberly-Clark, And Robert Half Can Put Cash In Your Pocket originally appeared on Sign in to access your portfolio
Yahoo
10-06-2025
- Business
- Yahoo
Warren officials considering forming Joint Economic District with nearby township
WARREN, Ohio (WKBN) — The City of Warren is exploring a new way to boost economic development by partnering with a nearby township to create a Joint Economic District. The move could pave the way for major improvements in the area, all with an eye toward a major player — Kimberly-Clark, which announced it will build a manufacturing plant in Warren last month. Ohio Laws allow municipalities and townships to join forces and identify prime property for development and even tax themselves to fund improvements. In Warren's case, the city would serve as the municipal partner, supplying water and sewer services, while the district itself would do things like road work, powerline relocations and building new access roads for truck traffic. 'The JED is obviously a creature of statute, and it allows for municipalities and neighboring townships or township to work together where one has something and the other lacks it, and you kind of come together for this purpose,' said Warren Law Director Enzo Cantalamessa. City officials say Kimberly-Clark expects the project to take two to two-and-a-half years to complete, making the partnership a key step in delivering the infrastructure and services necessary for the company's expansion. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Fibre2Fashion
09-06-2025
- Business
- Fibre2Fashion
Brazil's Suzano & Kimberly-Clark unveil global tissue partnership
Suzano, the world's largest pulp producer, and Kimberly-Clark, a global leader in the consumer staples industry, announced the creation of a US$3.4 billion joint venture focused on the manufacture, marketing and distribution of consumer and professional tissue products, such as toilet paper, napkins, paper towels and facial tissues in over 70 countries. Suzano will acquire a 51 percent interest in the new entity, with Kimberly-Clark holding a 49 percent interest. Suzano will pay Kimberly-Clark US$1.734 billion in cash for its 51 percent stake at the closing of the transaction, subject to certain customary post-closing purchase price adjustments. Closing of the transaction is contingent on, among other things, approval by regulatory and other governmental authorities, fulfillment of customary conditions precedent for transactions of this nature, and completion by Kimberly-Clark of a corporate reorganization of its Consumer Tissue and Professional business unit. The transaction is expected to close in mid-2026 and involves approximately 9,000 employees. Suzano and Kimberly-Clark are forming a $3.4 billion joint venture to produce and market tissue products in over 70 countries. Suzano will acquire a 51 per cent stake for $1.734 billion. The venture includes 22 plants with 1 million tonnes annual capacity and 40+ brands. Closing is expected mid-2026. Suzano will hold majority control and has a call option to buy the remaining 49 per cent. The new business will be a company incorporated in the Netherlands and will include 22 manufacturing facilities located in 14 countries across Europe, Asia, including Southeast Asia, the Middle East, South America, Central America, Africa, and Oceania. Collectively, these facilities have an installed capacity to produce approximately 1 million tonnes of tissue a year. The assets to be included in the new joint venture generated net sales in 2024 of approximately US$3.3 billion. Kimberly-Clark will retain its consumer tissue and professional businesses in the United States and its interests in existing joint ventures in Mexico, South Korea and Bahrain, among other countries. Beto Abreu, CEO of Suzano, said: 'This new company brings together two global players that are leaders in their respective markets, with complementary capabilities that combine Suzano's industrial expertise and operational management efficiency with Kimberly-Clark's know-how in brand management, marketing and commercialization of both regional and global brands, as well as its extensive experience in managing operations across multiple regions worldwide. 'Both companies share strong organizational cultures rooted in innovation and sustainability. We look forward to combining great talent, good assets, and tremendous brands that are trusted by consumers.' Marcos Assumpção, CFO of Suzano , said: "This transaction reflects Suzano's disciplined approach to capital allocation with value creation and fully in line with our financial policy. Moreover, the partnership with Kimberly-Clark ensures business operational continuity and an alignment towards operational efficiency opportunities, mitigating risks typically encountered during international expansion." Mike Hsu, Chairman and Chief Executive Officer at Kimberly-Clark , said: 'This transaction represents a powerful step forward in Kimberly-Clark's transformation journey. We are pleased to enter into a strategic partnership with Suzano, a leader in its field, and we look forward to working closely together to deliver on the significant opportunities ahead for our International Family Care and Professional Business.' More than 40 regional brands of Kimberly-Clark´s International Family Care and Professional portfolio will be transferred into the joint venture, that will also enter into a long-term license with the new company for use of its global brands, including Kleenex, Scott, Cottonelle, WypAll, Viva, and Kimberly-Clark Professional. The transaction is aligned with Suzano's long-term strategy of value-accretive growth with financial discipline, focusing on scalable businesses where the company can leverage its strength in operational efficiency. Suzano is currently a leading player in toilet paper in Brazil, following the 2023 acquisition of Kimberly-Clark's Brazilian tissue assets and brands. Suzano is also in the process of building a new R$650 million (approximately US$115 million) tissue paper mill at its site in Aracruz in the state of Espírito Santo, which will add 60,000 tonnes of annual capacity to the company's Consumer Goods Business Unit. Luis Bueno, Executive Vice President of Consumer Goods and Corporate Affairs at Suzano , said: "We have an excellent understanding of Kimberly-Clark ´s culture and internal processes, thanks to our 2023 acquisition of the Brazilian tissue business. We have already been able to achieve significant efficiency gains in these operations, which we are confident can be replicated in other regions. 'Our ability to achieve this goal is intrinsically tied to the tremendous quality of the talent within Kimberly-Clark ´s team, who have helped develop and grow iconic, innovative and trusted brands that are a part of the everyday lives of hundreds of millions of people around the world.' At closing of the transaction, Suzano and Kimberly-Clark will enter into a joint venture agreement establishing certain rights and obligations related to the management, control, operation, shareholding, and other matters concerning the joint venture. It will have a Board of Directors with five members, three of whom will be appointed by Suzano and two of whom will be appointed by Kimberly-Clark. The Transaction also includes a call option for Suzano to acquire Kimberly-Clark's 49% interest in the new company. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (RM)
Yahoo
06-06-2025
- Business
- Yahoo
Kimberly-Clark, Suzano form $3.4B tissue joint venture
This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Kleenex tissue maker Kimberly-Clark and pulp producer Suzano are forming a $3.4 billion global consumer and professional tissue joint venture in an effort to bolster their long-term growth strategies, the companies announced Thursday. Suzano has agreed to pay the tissue manufacturer $1.7 billion to acquire 51% of the new entity, which will be based in the Netherlands. The deal includes 9,000 employees and 22 manufacturing facilities across Europe, Asia, the Middle East, South and Central America, Africa and Oceania. Kimberly-Clark will own the remaining 49% and retain its consumer and professional entities in the United States, as well as existing joint ventures in Mexico, South Korea and Bahrain, among other countries. The transaction is expected to close in mid-2026. The joint venture is part of Kimberly-Clark's long-term growth strategy introduced last year, Chairman and CEO Mike Hsu said in a statement. The plan aims to save the company more than $3 billion through improved productivity and accelerate the growth of its brands and businesses, particularly its North America and international personal care segments. More than 40 of Kimberly-Clark's regional brands under its international family care and professional portfolio will be transferred into the joint venture. Additionally, Suzano plans to enter a long-term license with the new company for the use of global brands, including Kleenex, Scott, Cottonelle, WypAll, Viva and Kimberly-Clark Professional, the Brazil-based pulp producer said in its press release. The deal follows Suzano's acquisition of Kimberly-Clark's Brazilian tissue assets and brands in 2023, the paper maker said in its release. The pending transaction aligns with Suzano's long-term cost-effective and growth strategy that's focused on scalable businesses where it can strengthen its operational efficiency. Once the deal closes, approximately two-thirds of Kimberly-Clark's net revenues will come from its personal care categories, progressing its long-term growth, profitability and returns on investment, according to the tissue maker's press release. The joint venture is expected to reduce Kimberly-Clark's exposure to volatile input costs, improving the company's ability to deliver expected and deliverable margins and profitability over time. Kimberly-Clark anticipates $300 million in additional costs from tariffs this year, Hsu said in his remarks during an April earnings call. The majority of products sold in the U.S. are sourced and domestically produced, Kimberly-Clark CFO Nelson Urdaneta said in the earnings call. In terms of raw materials and finished goods, the company's exposure to China, Mexico and Canada was around or less than 10% of its total cost of goods. 'If we factor in all of our raw materials and finished goods imports for our US business, 80% of our total costs in the U.S. are U.S.-based, so only 20% of our U.S. costs are exposed to tariffs,' Urdaneta said. The volatile tariff backdrop is affecting Kimberly-Clark on three fronts. The 145% duty on China drives about two-thirds of the $300 million, Urdaneta said. The U.S.'s reciprocal tariffs account for 10% and retaliatory tariffs from other countries represent 25% of the impact costs, he added. The company is working fast to mitigate the costs, Urdaneta said. Still, he added that Kimberly-Clark is in a much better position to handle many of these headwinds. 'You can't solve that overnight because we're having to reaccommodate some of the elements of our supply chain, and we intend to already be able to address about a third of the impact this year,' Urdaneta said. 'Now it'll take us through 2026 to pretty much be able to address the whole element in a consistent manner based on what's been enacted today.' The joint venture is one of many actions Kimberly-Clark has taken to make progress on its strategy and alleviate tariff costs. Last month, the Scott paper towel maker announced plans to invest more than $2 billion over the next five years in its North America segment, expanding its U.S. manufacturing capacity and modernizing its supply chain. Recommended Reading Kimberly-Clark to invest over $2B in US operations
