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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
  • 2024-10-03
  • NO OF PAGES
  • CATEGORY
  • Retails & Consumer
The Paper Tubes Market: Overview
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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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

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