Future Market Insights
The global market for tubes and cores is characterized by manufacturers supplying tubes and cores made of materials ranging from paperboard to plastic. Tubes and cores provide inbuilt strength to products that need roll form arrangement. Tubes and cores are used for winding and rewinding of industrial and consumer product such as papers, tapes, tissue papers, aluminum foil, films, yarns etc. Tubes and cores are light weight and are supplied in convenient sizes, with inbuilt resistance to crush. Lightweight and crush resistant property of tubes and cores attract manufactures to pack a variety of products in tubes and cores.
Tubes and Cores Market: Market Dynamics
Extensive use of tubes and core in textile industry is a key driving factor for the global tubes and cores market. Growing demand and application of yarns in manufacturing of textiles has resulted into growing demand for tubes and core used for wrapping and organizing yarns. Tubes and cores provide natural strength to packed products due to which the demand for tubes and cores is expected to witness growth in building and construction market segment. Extensive use of tissue paper for the sanitary purpose and aluminum foils for packing foods, is fueling factor for tubes and cores market. Tubes and cores are also used for packaging tapes, as they provide easy wrapping and unwrapping. It is difficult to check the compressive strength of the tubes and cores used for packaging products. Multinational packaging company Sonoco Product Company introduced radial crush tester that can measure the radial pressure, applied on tubes and cores during the winding process. One of the restraining factor affecting the growth for tubes and cores market, is their sensitivity towards humidity. When tubes and cores are introduced in the humid region, they lose their internal strength. Tubes and cores need areas that are dry, while other packaging product are not affected by the humidity of the climate. With the rising awareness and government norms, manufactures are showing their interest towards ecofriendly packaging solutions. Tubes and cores which are 100% recyclable and produced from waste materials, provides sustainable packaging solution. The global market for tubes and cores is expected to generate substantial opportunity over the forecast period.
Tubes and Core Market: Market Segmentation
The global market for tubes and coresis segmented on the basis of material type, application type and by end use.
On the basis of material type tubes and cores market is segmented as:
On the basis of application type tubes and cores market is segmented as:
Films and tapes
On the basis of end use tubes and cores market is segmented as:
Building & Construction industry
Consumer use and personal care
Tubes and Core Market: Regional Overview
Global tubes and cores market are segmented into seven regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan. Asia Pacific region has high consumption rate of tubes and cores. In North America, manufactures are focusing towards innovating solution, for tubes and cores, so there are upcoming developments seen in forecast period from this region. In Europe region, UK manufacturers are preferring tubes and cores as packaging solution due to its safe, sustainable feature. With the less competition from regional manufactures in MEA, global manufactures have great opportunity to establish their market.
Tubes and Core Market: Competitive Landscape
Some of the key players of tubes and cores market are Alamo Paper Tube Co., Valk Industries, Inc., Sonoco Products Company, Rae Products, LCH Paper Tube and Core Company, Albert Eger GmbH & Co. KG, OX Paper Tube & Core, Inc., Paper Tube & Core, Inc., and Konfida.
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