DRUG STORE/PHARMACIES

GLOBAL WET WIPES MARKET (US$ in million) 2019-2029

CAGR (2024 TO 2029): 5.44%

The drug store/pharmacies segment was valued at USD 3,318.2 million in 2023 and is projected to reach USD 4,544.6 million by 2029, with a CAGR of 5.44%. The segment’s growth is driven by the perceived hygiene and effectiveness of wet wipes sold in pharmacies, supported by their medical associations. Pharmacies stock niche and travel-friendly wet wipes, catering to specific needs and encouraging impulse purchases. Additionally, targeted promotions and private-label options enhance sales, especially among senior citizens and those seeking convenience through online orders.