Paper Tubes Market to Surge with 6.5% CAGR, Projected to Hit US$ 20.7 Billion by 2034 | Fact.MR Report
The paper tube market is poised for significant disruption, as emerging technologies and trends transform the industry’s competitive landscape.
Rockville, MD , Sept. 18, 2024 (GLOBE NEWSWIRE) — According to Fact.MR, The global
Paper Tubes Industry News:
- Greif successfully acquired Ipackchem in March 2024. Ipackchem is a 35-year-old global pioneer in the design and production of cutting-edge, high-performance rigid barrier packaging products with unwavering quality and service.
- Sonoco Products Company purchased RTS Packaging, LLC and one WestRock paper factory in Chattanooga, Tennessee in September 2023 from joint venture partner WestRock. Sonoco’s packaging solutions made entirely of recycled fiber will be strengthened and expanded by the acquisition, which was announced on November 9, 2022.
- Smurfit Kappa spent US$ 22 million in its production facilities in Obaly Štúrovo, Slovakia, and the Czech Republic in November 2022. Modern machinery underwent a significant renovation at the two sites in order to boost capacity and satisfy the increased demand from customers for paper-based packaging solutions.
More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the global paper tube market, presenting historical data for 2019 to 2023 and forecast statistics for 2024 to 2034.
The study reveals essential insights on the basis of material type (paperboard, kraft paper, others (composites and fiberboards)), product type (spiral wound, parallel wound), shape (cylindrical, square, oval, hexagonal, triangular, others), application (packaging, forming & construction, insulating & dampening, spacing, supporting & holding, winding & carrying), end-use industry (food & beverage, consumer goods / retail, construction, healthcare & pharmaceuticals, cosmetics, automotive, electronics, textile and printing, others), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia and ASEAN, Oceania, Middle East & Africa).
Segmentation of Paper Tubes Industry Research:
Paper Tubes Market by Material Type :
- Paperboard
- Kraft Paper
- Others (composites and fiberboards)
Paper Tubes Market by Product Type :
- Spiral Wound
- Parallel Wound
Paper Tubes Market by Shape :
- Cylindrical
- Square
- Oval
- Hexagonal
- Triangular
- Other
Paper Tubes Market by Application :
- Packaging
- Forming & Construction
- Insulating & Dampening
- Spacing
- Supporting & Holding
- Winding & Carrying
Paper Tubes Market by End-Use Industry :
- Food & Beverage
- Consumer Goods / Retail
- Construction
- Healthcare & Pharmaceuticals
- Cosmetics
- Automotive
- Electronics
- Textile and Printing
- Others
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