Paper Tube Market Size, Industry Analysis Report By Type (Spiral Wound Paper Tube, Convolute Or Parallel Wound Paper Tube), By Application (Food And Beverages, Pharmaceutics, Cosmetic, Automotive And Electronics, Construction, Printing And Paper-Making), By Distribution Channel (B2B (Direct Sales), B2C), By Enterprise Size (Large Enterprises, Small And Medium Enterprises), By End-User (Financial Services, Government, Healthcare, Media And Entertainment, Retail, Transportation And Logistics, Travel) & Region – Forecast
- PUBLISHED ON
- 22/12/2022
- NO OF PAGES
- CATEGORY
- Retails & Consumer
The Paper Tubes Market is valued at around USD 7235.95 million in 2022 and is expected to reach USD 17,150 million by 2030, registering a CAGR of 6.5% over the forecast period. Paper tubes are made by winding together layers of paper or paperboard to form sturdy, hollow, and typically cylindrical shapes. Adhesives are used to laminate or bond the paper layers together. During manufacturing, the number of layers wrapped can affect the tube's wall thickness. Paper cores, paperboard tubes, paper cans, fibre drums, fibre tubes, paper tubing, wound tubes, composite cans, core-board tubes, and cardboard tubes are additional names for paper tubes. Although it is used frequently throughout the world, ""cardboard tube"" is a misnomer. Three kraft layers make up cardboard, with a corrugated layer in the middle.
The Paper Tubes Market - Growth Factor
Leading packaging manufacturers are implementing eco-friendly procedures as a means of reducing their carbon footprint. Demand is also largely influenced by the strict regulatory reforms that have been implemented in many countries to reduce the use of plastic. Additionally, the use of paper tubes in the packaging of foods, oral care items, cosmetics, educational certificates, retail goods, and other items has increased due to end-user preferences for biodegradable materials like paper. The future of the paper tube market will be impacted by changing trends in the packaging and warehousing sector. For smart inventory management, service providers have started implementing cutting-edge tools and technologies like IoT (Internet of Things) and predictive analysis.
The Paper Tubes Market – Market Trends
• The cosmetics industry is expanding quickly in emerging economies as a result of rising disposable income.
• Many cosmetics companies have announced their plans to switch to packaging made of paper. For example, Amorepacific unveiled its most recent technology in April 2021 to produce paper tubes internally. Paper tubes have been added to L'Oreal's product packaging.
• The market share of paper tubes in the cosmetics sector will grow as a result of the aforementioned trends.
• The demand for paper tubes is being fuelled by the cosmetics and construction industries' rapid expansion. People who live in cities are more likely to favour new and innovative products, and their spending patterns reflect higher spending on eco-friendly and cutting-edge goods.
• Cardboard, recycled paper, and water-resistant/waterproof cardboard are all products made from wood pulp that are used to make paper tubes. Paper tubes are economical because their raw materials are widely accessible and versatile.
The Paper Tubes Market – Segmentation
The Paper Tubes Market fragrance concentrates market has been sub-classified into type, application, distribution channel.
On the basis of type, the Paper Tubes Market is bifurcated into:
• Spiral wound paper tube
• Convolute or parallel wound paper tube
• Others
On the basis of application, the market is segmented into:
• Food and beverages
• Pharmaceutics
• Cosmetic
• Automotive and electronics
• Construction
• Printing and paper-making
• Others
On the basis of distribution channel, the market is segmented into:
• B2B (Direct sales)
• B2C (Indirect sales)- store based, online retail.
• Others
On the basis of enterprise size, the market is segmented into:
• Large enterprises
• Small and medium enterprises
• Others
On the basis of end-user, the market is segmented into:
• Financial services
• Government
• Healthcare
• Media and entertainment
• Retail
• Transportation and logistics
• Travel
• Others
The Paper Tubes Market –Regional Analysis
Europe dominated the global Paper Tubes Market, the region's food and beverage industries make extensive 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 during the predicted period. The need for paper tubes will rise as consumers become more environmentally conscious.
The Paper Tubes Market – Key Market players
Global key players of Paper Tubes Market include Ace Paper Tubes Corporation, Alpha Packaging Inc. Caraustar Industries, Carvan Products, Chonqing Ubo Electrical, Equipment Co Ltd., Custom Paper Tubes, Excel Tubes & Cones, H.N. ZAPF GMBH, Heartland Products LLC, Jonesville Paper Tube Corp, Luxpac, National Paper Tube Industries, Ohio Paper Tube Company, Paper Tube Co., Paper Tubes and Core Corporation, Rae Products, Royal Paper Products, Shree Umiya Paper Tubes, SigmaQ, Sonoco, Valk Industries Inc , and Wes-Pac Inc., and others.
Report scope
Global Paper Tubes Market: Historical Years- 2018-2021
Global Paper Tubes Market: Forecast Years- 2022-2030
Global Paper Tubes Market 2022- USD 7235.95 million
Global Paper Tubes Market 2030- USD 17,150 million
Global Paper Tubes Market CAGR- 6.5%"
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