The tubes and cores market share in North America will post an incremental growth of USD 1.13 billion, progressing at a CAGR of 7.65% during the forecast period. The growing demand for transparent barrier film will offer immense growth opportunities to market vendors. The market is fragmented, and the vendors are deploying growth strategies such as low-pricing strategies and strengthening the local customer base to compete in the market.
Technavio’s report on “Tubes and Cores Market in North America by End-user and Geography - Forecast and Analysis 2022-2026” provides a detailed analysis of the prevalent market forces, trends, and challenges likely to impact the market in focus.
The tubes and cores market in North America is segmented by end-user (paper industry, textile industry, and others) and geography (US, Canada, and Mexico).
The growth of the tubes and cores market size in North America in the paper industry segment will be significant during the forecast period. Toilet paper, which is a type of tissue paper, is the major contributing product to the paper industry segment.
The growing demand for transparent barrier film will directly influence the tubes and cores market in North America. In addition, the increasing M&A activities are one of the major tubes and cores market trends in North America that will positively impact the market growth. However, factors such as the fluctuation in raw material prices will hamper the tubes and cores market in North America.
The market is fragmented due to the presence of several players. Some of the major tubes and cores market vendors in North America vendors are Ace Paper Tube, Callenor Co., Cellmark AB, Chicago Mailing Tube Co., Greif Inc., LCH Paper Tube and Core Co., OX Industries Inc., Pacific Paper Tube, Inc., PTS Manufacturing Co., Rae Products and Chemicals Corp, Sonoco Products Co., Transpaco Ltd., Valk Industries Inc., Wes Pac Inc., and Western Container Corp.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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Precise market size estimation during the forecast period 2022-2026.
CAGR of the tubes and cores market in North America forecast during 2022-2026.
Market-level data on units, average selling prices, and values of the tubes and cores market share in North America.
Prediction of the upcoming trends, drivers, and factors that challenge the growth of the tubes and cores market in North America.
Tubes and cores industry growth across North America.