Latest News- Tubes And Cores Market: Paper industry is expected to lead the End-user segment during 2025-2029
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The Tubes And Cores Market is expected to grow at a CAGR of 7.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3552.6 million. In the paper industry, waste reduction is a critical business strategy for manufacturers of paper-based products, including tubes and cores. The production and conversion process generates significant waste, making it essential to implement sustainable techniques to minimize environmental impact. One such approach is optimizing the usage of paper rolls in tubes and cores manufacturing. Frequent roll changes can lead to increased wastage and decreased machine efficiency. To address this challenge, manufacturers are adopting advanced technologies, such as automatic roll splicing systems and precision cutting tools, to reduce waste generation and enhance overall productivity. These solutions not only contribute to cost savings but also align with the industry's growing focus on sustainability and eco-friendly practices.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on End-user (Paper industry, Textile industry, Others) Material (Paper, Plastic) Geography (North America, Europe, APAC, South America, Middle East and Africa).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Tubes And Cores Market Research Report
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The Tubes and Cores market encompasses various packaging formats, including tubes and cores, with materials ranging from paper to metal. Eco-conscious alternatives, such as biodegradable pouches and high-quality recycled paper cores, are gaining popularity. Real-time tracking opportunities and sustainable packaging solutions are key trends, driven by the e-commerce sector. Paper cores, a significant segment, offer structural support and stability with lightweight materials, while the textiles and adhesives industries rely on tubes and cores for cylindrical products. Inflation and waste management are critical challenges. Eco-friendly alternatives, such as paper tubes and recyclable materials, are essential to mitigate these issues. Traditional materials, like metal packaging, continue to play a role, but innovation and sustainability are the future.
In the packaging industry, the market for tubes and cores represents a significant segment, with key players focusing on innovation and sustainability. The supply chain for tubes and cores involves various stakeholders, including raw material suppliers, metal container manufacturers using steel, aluminum, and tin, glass container manufacturers utilizing borosilicate, neutral glass, soda-lime-silica glass, treated soda-lime glass, de-alkalized soda-lime glass, and plastic container manufacturers dealing with high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyethylene terephthalate (PET), polypropylene (PP), and polyvinyl chloride (PVC). These inputs undergo rigorous research and development to meet evolving market demands, with a growing emphasis on alternative packaging formats, high-quality recycled paper, biodegradable alternatives, and waste reduction strategies, all while navigating inflationary pressures in the industry. The paper core industry is also a crucial player in this ecosystem, providing sustainable solutions to reduce waste and enhance production efficiency.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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