Enjoy complimentary customisation on priority with our Enterprise License!
The tubes and cores market in North America's share is expected to increase by USD 1.13 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.65%.
This tubes and cores market in North America research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the tubes and cores market in North America segmentation by end-user (paper industry, textile industry, and others) and geography (US, Canada, and Mexico). The tubes and cores market in North America report also offers information on several market vendors, including 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. among others.
Download Report Sample to Unlock the Tubes and Cores Market Size in North America for the Forecast Period and Other Important Statistics
Our researcher studied the historical data for years, with 2021 as the base year and 2022 as the estimated year, and produced drivers, trends, and challenges for the tubes and cores market in North America. During the COVID-19 pandemic, the tubes and cores market in North America demand of has been impacted greatly. A holistic analysis of drivers will help in exact demands and refining marketing strategies to gain a competitive advantage.
Key Tubes and Cores Market in North America Driver
The growing demand for transparent barrier film is one of the key drivers supporting the North American tubes and cores market growth. The food and pharmaceutical industries are among the largest markets for transparent barrier film packaging, as products from these industries require extra protection to maintain their integrity and extend their shelf life. Furthermore, the market share of transparent barrier packaging films is increasing as they are used to manufacture different packaging products. Moreover, consumer food preferences are changing due to the growing awareness of healthy lifestyles. These changes are propelling the demand for high-barrier packaging film that extends the shelf life of food products. Such factors are supporting market growth.
Key Tubes and Cores Market in North America Trend
Increasing M&A activities is one of the key North American tubes and cores market trends contributing to the market growth. The tubes and cores market in North America is fragmented due to the presence of both regional and global players. Therefore, the players in the market in focus are adopting inorganic growth strategies to reduce the competition in the market. Inorganic growth strategies not only help the vendors reduce the competition in the market in focus but also enable the vendors to expand their geographical presence. For instance, in May 2021, the North American recycling business unit of CellMark acquired Paper Tube and Core Corp. Hence, increasing M&A activities will boost market growth during the forecast period.
Key Tubes and Cores Market in North America Challenge
Fluctuation in raw material prices is one of the factors hindering the North American tubes and cores market growth. The high price of kraft paper is adversely affecting the profit margins of tube and core manufacturers, although the price burden is transferred to the end-users. The complete transfer of the burden of raw material prices of tubes and cores by manufacturers to end-users leads to a reduction in the demand for kraft paper as the end-users will look for alternatives such as plastic tubes and cores. Also, vendors operating in the market in focus have been significantly increasing the prices of tubes and cores owing to fluctuations in raw material prices, such as kraft paper and energy prices. This, in turn, will hinder the market growth during the forecast period.
This tubes and cores market in North America analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the tubes and cores market in North America as a part of the global metal and glass containers market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the tubes and cores market in North America during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the North American tubes and cores market encompasses successful business strategies deployed by the key vendors. The North American tubes and cores market is fragmented, and the vendors are deploying growth strategies such as providing innovative products to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
The vendor profiles are designed to help clients improve their market position, and information on production and sustainability along with this report provides a detailed analysis of several leading Companies.
Our report provides extensive information on the value chain analysis for the tubes and cores market in North America, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
To gain further insights on the market contribution of various segments Request a PDF Sample
The tubes and cores market share growth in North America by the paper industry segment will be significant during the forecast period. In the paper industry, tubes and cores are used to wrap diverse types of paper materials such as tissues, newspapers, printing and writing paper, and label materials. Toilet paper, which is a type of tissue paper, is the major contributing product to the paper industry segment.
This report provides an accurate prediction of the contribution of all the segments to the growth of the tubes and cores market size in North America and actionable market insights on the post-COVID-19 impact on each segment.
Tubes and Cores Market Scope in North America |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.65% |
Market growth 2022-2026 |
$1.13 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.57 |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
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. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.