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The toilet paper has two reasons, but the major one will be stopping now.
The first reason (not the cause of the shortage). I have often said if the SHTF toilet paper would be one of the items I would miss. That if I ever got rich enough to stockpile, one of the items worthy of my list would be toilet paper
as well as lighters, knives, seeds, how to books etc.
the second reason was because assholes were buying it up and then selling by the roll online for as much as 40.00 a roll. One listing in particular had the man holding the roll in his hand (single ply Scott he was asking 40.00 for) and behind him was a mountain of toilet paper/paper towels.
RE: Lockdown situation, personal experience