Paper Tubes Market – Global Industry Analysis and Deeper Insights | FMI

ByNiranjan karde

In 2021, the paper tubes market expanded tremendously. The study predicts that the market for paper tubes will generate close to US$17,150 Mn in sales in 2031, with a compound annual growth rate (CAGR) of 6.5%.

The wide variety of uses for paper tubes continues to be the main engine of market expansion on a global scale. Paper tubes are used by manufacturers of paper and plastic film to wind large rolls during the manufacturing process, in addition to being used in packaging.

Moreover, it is used in the retail industry to dispense and package tissues, adhesives, foils, and paper rolls. The aforementioned elements will boost demand for paper tubes in the packaging and retail sectors.

Market forecast for paper tubes in Europe

The region’s food and beverage sectors make substantial use of paper tubes. A sizeable portion of Europe’s paper tubes products are also exported. The market for paper tubes in Europe is dominated by the UK, Germany, and France. Due to the booming food and beverage industry, the paper tube market is anticipated to expand significantly throughout the predicted period.

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Cosmetics to the Largest Application of Paper Tubes during the Forecasted Period

Rising disposable income has led the cosmetics industry in emerging economies to grow at a rapid pace. Many cosmetics companies have stated their intention to switch to paper-based packaging.

Amorepacific, for instance, unveiled its latest technology in April 2021 to manufacture in-house paper tubes. L’Oreal has introduced paper tubes in their product packaging as well. The above trends will increase the market share of paper tubes in the Cosmetics segment.

The US and Canada Demand Outlook for Paper Tubes Market

The US and Canada paper tube market is highly fragmented with a large number of players. Manufacturers of paper tubes in the US are looking to include eco-friendly practices in their operations by recovering, reconfiguring, and returning to market the industrial paper tubes and cores.

For instance, Paper Tubes and Cores Corporation recovers used paper tubes and recycles them to create their products. The increasing awareness about planet conservation and sustainability will contribute to the rise in demand for paper tubes in the Packaging industry.

Paper Tubes: Key Players

Some key manufacturers in the Paper Tubes market include 

  • Ace Paper Tubes Corporation
  • Valk Industries Inc
  • SigmaQ
  • Heartland Products LLC
  • Wes-Pac Inc.
  • Rae Products
  • Chonqing Ubo Electrical Equipment Co Ltd.
  • Paper Tubes and Core Corporation
  • Sonoco
  •  Ohio Paper Tube Company
  • H.N. ZAPF GMBH
  • Caraustar Industries
  • Luxpac
  • Royal Paper Products
  • Alpha Packaging Inc.
  • and Jonesville Paper Tube Corp.
  • Others.

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Paper Tubes: Market Segmentation

Based on Type:

  • Spiral wound Paper Tube
  • Convolute or Parallel wound Paper Tube

Based on Application:

  • Food and Beverages
  • Pharmaceuticals
  • Cosmetics
  • Automotive and Electronics
  • Construction
  • Printing and Paper-making
  • Others

Based on Distribution Channel:

  • B2B (Direct sales)
  • B2C (Indirect Sales)
    • Store-based
      • Specialty stores
      • Discount stores
      • Wholesale stores
      • Other retail-based formats
    • Online retail

Based on Region:

  • Europe
  • North America
  • Latin America
  • Asia Pacific
  • Middle East and Africa
  • Oceania

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