Paper Canisters Market: Overview
The purpose of packaging is not just to protect and prevent product from damaging. In addition to these functions, packaging also serves the purpose of promotion and marketing. Paper canisters are cylindrical shaped solutions which are appealing yet protective product for packaging. Paper canisters are suitable for various products, offer superior packaging solutions for gifts, premium and promotional products. Products such as liquor, wines and other luxury products prefer this packaging, as paper canisters enhance shelf appeal. Paper canisters offers a proper combination of preservation, containment and reusability. Paper canisters are specialized packaging solution consists of a cylindrical tube-shaped body made of paper, sealed with plastic or tin plate at base. Paper canisters have been adopted by various food & beverage manufacturers for their high end products and branding & promotions. Paper canisters find useful applications in industries including consumer goods, food & beverages, personal care & cosmetics, and various others.
Paper Canisters Market: Dynamics
The factor which is facilitating the growth of the global paper canisters market is that it is cost-effective and are manufactured in a variety of shapes including spiral, round and convoluted in a wide range of dimensions. The rising demand from manufacturers for striking and remarkable branding is one of the key driving factor for the growth of paper canisters market. Excellent recyclability of paper canisters is expected to catalyze the growth in near future. Paper canisters provide complete protection against moisture and humidity. Paper canisters are space efficient, though they are suitable for storing wires and other such products which require more storage space. These factors are expected to drive the growth of the global paper canisters market during the forecast period. Paper canisters hold an edge over cardboard boxes of the same capacity as paper canisters consume less material for their manufacturing. Also, paper canisters are tough to crush, durable, and robust which put them ahead as a packaging solution for logistics and shipping. These factors are expected to catalyze the growth of the global paper canisters market during the forecast period. The factor which might hamper the growth of paper canisters market is the use of plastic tubes. Overall, the global paper canisters market is expected to witness a positive outlook during the forecast period.
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Paper Canisters Market: Segmentation
Globally, the paper canisters market has been segmented on the basis of material type, inside diameter, and end use region:
On the basis of material type, the global paper canisters market has been segmented as: Paperboard Cardboard Kraft Paper Fiberboard
On the basis of inside diameter, the global paper canisters market has been segmented as: Below 1.5” 5” – 3” 3” – 4.5” 5” & above
On the basis of end use, the global Paper Canisters market has been segmented as: Food & beverage Bakery & confectionary Automotive Shipping & postal services Industrial goods Others
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On the basis of region, the global Paper Canisters market is segmented as – North America Latin America Western Europe Eastern Europe Asia Pacific excluding Japan Middle East & Africa Japan
North America is expected to lead the global paper canisters market. It is attributed to high disposable income in the region. The similar trend is followed by Western Europe, where the people have high standards of living. Latin America is expected to witness average growth in the global paper canisters market. Countries in APEJ including India and China are expected to witness more than average growth in the paper canisters market due to growing retail sector.
Paper Canisters Market: Key Players
Few of the leading players operating in the global Paper Canisters market are – Multi Packaging Solutions Yazoo Mills Inc. Ace Paper Tube Corp. Sonoco Products Company Pacific Paper Tube RIDGID Paper Tube Corporation CBT Packaging Chicago Mailing Tube Co. Heartland Products Group, LLC Darpac P/L Valk Industries, Inc. Cactus Corrugated Containers Inc. Visican Ltd.
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Report Highlights: A detailed overview of parent market Changing market dynamics in the industry In-depth market segmentation Historical, current, and projected market size regarding volume and value Recent industry trends and developments Competitive landscape Strategies for key players and products offered Potential and niche segments, geographical regions exhibiting promising growth A neutral perspective on market performance Must-have information for market players to sustain and enhance their market footprint
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