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Paper Cones Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

12-15-2017 07:39 AM CET | Associations & Organizations

Press release from: Transparency Market Research

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Paper Cones Market - Global Industry Analysis, Size, Share,

The textile industry is witnessing potential growth across the globe, developing opportunities for various related markets such as textile machinery and packaging. Paper cones market is a market closely dependent on the demand of textile industry in the respective regions. For winding the threads of different materials, the different specification of paper cones is used. The most preferred way of storing the threads is keeping them winded over the cones. This greatly increases the ease in handling of textiles and also protects the threads from getting messed up. Due to increasing demand for textile products, the demand of paper cones is anticipated to constitute a large market size expanding at a considerable rate.

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Paper Cones Market Dynamics

The preference of textile industry to store and transport the threads in winded form over the paper cones has several reasons such as taper provided in the cone. The paper cones can be axially hinged at a place in the cloth manufacturing machine. The machine intakes the thread at a very high speed and rotates the cone and during this process, the taper allows the easy and unhindered unwrapping of the thread. Other than this, the paper cones are completely biodegradable and require low manufacturing capital. When the cones are empty and to be stored, the paper cones are strong enough to be stacked one partially into another to form short piles for a higher number of cones and consume low space in storage due to taper. These features of the paper cones have driven the market. On the other hand, the paper cones are getting replaced in the textile industry by the plastic cones as the plastic cones can be used for much the longer time period than paper cones. Also, the usage of biodegradable and recyclable plastics is rising in various industries to minimize the application of paper products and protect the environment from deforestation. The various replacements available in the world has restrained the paper cones market.

Paper Cones Market Segmentation

The paper cones market can be segmented on the basis of the type of the cone as

Tight bong paper cones
Jumbo paper cones
Yarn paper cones

The paper cones market can be segmented on the basis of the number of plies as

Single Ply
Multiple ply

The paper cones market can be segmented on the basis of the taper of the cone as

Up to 3o taper
3o to 5o taper
Above 5o taper

The paper cones market can be segmented on the basis of the geographical regions as

North America
Latin America
Western Europe
Eastern Europe
Middle East & Africa (MEA)
Asia Pacific excluding Japan (APEJ)
Japan

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Paper Cones Market Regional Outlook

Large availability of the green land in the developing countries of Asia Pacific along with the huge demand of textiles due to huge population has created largest opportunity in the region, which has been recognized by a major population and encouraged a large number of small manufacturers of paper cones to emerge. Thus, Asia Pacific seems to be the largest producer as well as largest consumer of paper cones. Although, the Western European and North American regions are expected to provide a considerable market to paper cones, while anticipated to witness a drop in growth due to replacement by plastic materials. MEA and Latin America regions have textile demand expanding at a high pace, indicating rapid growth in these regions due to the high availability of green land in Africa and Latin America.

Paper Cones Market Key Players

Some of the key players of the paper cones market are

K.U. Sodalamuthu and Co. Pvt. Ltd.
Royal Paper Products
Sunny Texcone India (P) Ltd
Mandahar Mills Pvt. Ltd.
Pacific Cones
Tubettificio Senese Srl
Yasar Group
Conitex Sonoco N.V
Favretto SRL
Jaalouk & Co.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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