Paper Core Market to Reach US$ 1.8 Bn by 2029, Pushed by Rising Demand for Customized Paper Cores

Mar 18,2020 | Packaging

Paper core is a widely used packaging solution for wrapping applications. Paper cores are used for textiles and processing of paper & polyester on the production floor. These are fibre-based packaging solutions that are sturdy and protective, yet biodegradable. Thus, paper cores are gaining significant traction in textile, construction, and paper processing industries. The penetration of customized paper cores, particularly designed for construction & beverage packaging, is also witnessing substantial increase.

On the back of these factors, the paper core market is expected to witness significant growth during the forecast period, progressing at a healthy CAGR of around 5% from 2019 to 2029.  

“Use of paper and paper-based packaging products reduces the impact on the environment, as well as reduces overall packaging costs. Correspondingly, textile manufacturers in Europe and Asia have extensively benefitted, reporting that over 70% of their packaging material was made from paper and paperboard material. This is anticipated to significantly push the demand for paper core in the years ahead.”

For More Detailed Insights on Paper Core Market

Key Takeaways of Paper Core Market Study

  • Rising demand for customized paper core in textile and paper & polyester industries has encouraged manufactures to focus on personalized paper core on a global level
  • The kraft paper segment is estimated to be account for more than 50% of the global paper core market, owing to growing preference by manufacturers due to its unique features.
  •  The paper & polyester segment, under end-use industry, dominated the paper core market. The demand for paper core in the textile industry is expected to gain traction during the forecast period.
  • The 23 mm- 76 mm segment, by diameter, is expected to dominate the paper core market.
  • Asia is expected to dominate the global paper core market, with an estimated value share of 47% by the year 2029.
paper core market share by region pr

Key players operating in the global paper core market are incorporating 'smart' features in their conventional paper cores. For instance, Paul & Co. offers RFID tags that are integrated with information in the paper core. This enables the company to identify the reel at every point in the processing, storage, and transportation chain. It also helps the company track the paper core at any time of business operations. Moreover, these tags can be used and reused several times.

About the Paper Core Market Report

Future Market Insights, in its new offering, offers an unbiased analysis of the global paper core market, analysing historical demand of 2014-2018 and forecast statistics for 2019-2029. The study unravels growth projections of the paper core market on the basis of material (kraft paper and paperboard), diameter (23 mm- 76 mm, 77 mm - 152 mm, 153 mm - 229 mm, and 230 mm & above), application (winding & re-winding, decoration & specialty paper, hygiene & tissue paper, and printing & coating), and end-use industry (paper & polyester, electronics, textiles, construction, and beverage packaging), across seven major regions.

For additional information, write to the analyst at [email protected]

About Packaging division of FMI

The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Media Contact

Rahul Pandita

Rahul Pandita

Head – Corporate Communications

Abhishek Budholiya

Abhishek Budholiya

Head – Digital Marketing