Paper Core Market Worth to Outgrow by USD 1.6 BN BY 2026
Posted On June 30, 2020
According to the research report by Value Market Research, the Global Paper Core Market is likely to grow from USD 1.1 BN in 2019 to USD 1.6 BN by 2026 with a CAGR of 4.5% during the year 2020-2026. Paper cores can be described as sturdy cardboard cylinders or tubes made up of wood pulp fibres. These robust cardboard tubes are widely used in adhesive, fabric, electrical and other industries as a strong base, where the material is wound around it for distribution or storage. The combination of wood pulp fibres with various adhesives gives more strength to the paper core by making it water and heat resistant. Paper cores are manufactured with various combinations of thickness, length, and diameter to give solid support from inside to the outside product role. Plastic tapes and metal foils are securely wound around the paper cores, while paper cores can also support shipping tubes or plastic tubes. Paper cores save place by storing electric wires or other similar material in a limited place.
The factors that are driving the global paper core market include various application benefits of paper cores and their cost-effectiveness. Moreover, paper cores are highly versatile in fabrication, reusable, recyclable, and environment friendly. These factors are further contributing to the global market. A COVID-19 pandemic may cause some adverse effects on the global paper core market as the pandemic has disturbed the supply chain to a great extent.
The detailed research study "Global Paper Core Market Report By Thickness (Less than 8mm, 8-16mm, 16-20mm, 20mm and above), By Application (Beverages Packaging, Paper Industry, Textiles, Adhesive Tapes, Metal Industry, Foil Industry, Construction, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2019-2026" assists in understanding the market dynamics with qualitative as well as quantitative data. The contents of the report talks about historic data along with throwing light on the future opportunities of the paper core market.
By thickness the paper core market is divided into less than 8mm, 8-16mm, 16-20mm, 20mm and above. On the basis of application the paper core market is divided into beverages packaging, paper industry, textiles, adhesive tapes, metal industry, foil industry, construction, others.
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa are the regions covered in the report. This geographical section of the report highlights the share of the revenue/volume spread globally.
The Report Segments Global Paper Core Market -
- Less than 8mm
- 20mm and above
- Beverages Packaging
- Paper Industry
- Adhesive Tapes
- Metal Industry
- Foil Industry
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Phu Tung Paper Trading and Manufacturing Co., Ltd., DAE - DO PAPER TUBE VIETNAM CO., LTD., Thanh Cong Paper Tube Co., Ltd., Huynh De Joint Stock Company, Gia Quan Industry Co., Ltd., Kim Phu Vinh Production Service Co., Ltd., Paul and Co., Sonoco Alcore, Kunert Group, Smurfit Kappa, Other.
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