Kimberly-Clark - statistics & facts
Company overview
Kimberly-Clark has experienced a stable level of revenue in the past decade, generating over 20 billion U.S. dollars in 2023. The company has three major business segments: personal care, consumer tissue, and Kimberly-Clark professional. The largest of these by far is the personal care segment, which accounted for more than half of Kimberly-Clark’s overall revenue in 2023. In the same period, the K-C-Professional segment made around three billion U.S. dollars in net sales. Some of Kimberly-Clark’s brands, such as Andrex and Scottex, have been fixtures especially in American households and reached an almost iconic status. Although there are dozens of facial tissue brands on the market, Kleenex is consistently on top of the list of American consumers' favorite household and personal care brands.Market overview
The value of the U.S. beauty and personal care market amounted to nearly 98 billion U.S. dollars in 2023. By comparison, in the same year, the Chinese market generated around 67 billion U.S. dollars in revenue. The United States is also the country with the highest number of personal care products manufacturers, amounting to over 160 as of March 2023. Meanwhile, the tissue and hygiene paper market generated almost 47 billion U.S. dollars in revenue in the United States in 2023 alone, making it the second biggest market for tissue paper worldwide.Consumers worldwide consider many personal care and hygiene products as "everyday essentials". Tissue papers, diapers, and sanitary pads are, in fact, used by many people on an almost daily basis. It does then not come as a surprise that forecasts show that growth for this market will not stop anytime soon.