Jumbo Kraft Tubes Market Competitor Analysis, Winning Strategies and Growth Drivers 2029
Jumbo kraft tubes, also known as mailing tubes, are paper tubes made up of bleached brown colored kraft paper. Kraft paper enhances the strength and pressure withstanding capacity of jumbo kraft tubes. Additionally, jumbo kraft tubes provide durability, which is responsible for the surging demand for jumbo kraft tubes across the world.
Kraft tubes are thinner and exhibit
more tear resistance properties. Jumbo kraft tubes are a multipurpose storage
option for blueprints, unframed artwork, banners, flex, and other promotional
material. They are also useful for storing official large-size documents and
any other roll material that cannot be packed in cardboard boxes.
The demand for 3 ply rigid jumbo
kraft tubes along with plastic caps at the end is expected to increase during the
forecast period, which are specially used for tight fit protection of
shipments. The key factor contributing to the growth of the jumbo kraft tubes
market is, they give an excellent packaging appearance to products.
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Key players of jumbo kraft tubes are
focusing the implementation of advanced technology for increasing their
resistance against bending and crushing. The market of jumbo kraft tubes is
expected to get new impetus, as they also give moisture protection to the
stored product. As jumbo kraft tubes are the most accepted form of packaging,
their demand is expected to increase during the forecast period.
Jumbo
Kraft Tubes Market: Dynamics
The driving factors for the jumbo
kraft tubes market are to get maximum protection and the long-term storage of
documents. Jumbo kraft tubes give an appealing packaging look, hence, many key
players are giving more preference to jumbo kraft tubes for the branding and
promotion of their products. Besides this, the fueling factors responsible for
the increasing demand for jumbo kraft tubes are recyclability and low
manufacturing cost.
Many paper and pulp industries are
diversifying their product portfolios by adding kraft tubes products. The cost
of kraft paper is slightly more than regular paper. Still, more preference for
kraft tubes is being witnessed, owing to their increased strength and
protection attributes. The growth of the jumbo kraft tubes market is also being
boosted due to increasing shipping, mailing, and packaging applications.
Jumbo kraft tubes have rising
opportunities with dry food packaging, and storage of blueprint and
other important documents of architecture and construction industries and
textile industries.
In spite of the positive outlook,
some restraining factors might slow down the growth of the global jumbo kraft
tubes market, such as the substitution of kraft tubes with cardboard and
fiberboard tubes. However, these substitutes incur an additional cost of
packaging as compared to kraft tubes.
Jumbo
Kraft Tubes Market: Regional Overview
Jumbo kraft tubes have wide
applications in many end-use industries. Hence, for attractive storage and
packaging, jumbo kraft tubes are accepted worldwide. The North America market
is expected to create potential opportunities for jumbo kraft tubes, as many
consumers are willing to pay more for attractive packaging.
Vast urbanization and increasing
purchasing power of consumers are expected to increase the jumbo kraft tubes
market in the United States. The Latin America market is also expected to
increase the prospects of the jumbo kraft tubes market. Brazil and Mexico are
mature markets for cardboard packaging.
It is expected that, these markets
will showcase lucrative opportunities for the jumbo kraft tubes market through
enhance product portfolios. Emerging markets in Asia Pacific such as India,
China, and Indonesia are expected to boost the jumbo kraft tubes market
significantly. The Europe jumbo kraft tube market is mature, and sluggish
growth is projected to be witnessed.
Jumbo
Kraft Tubes Market: Key Players
Key
players in the jumbo kraft tubes market are as follows:
§
Ace Paper Tube
§
Valk Industries Inc.
§
Western Container Corporation
§
Chicago mailing Tubes Co.
§
Paper Tubes and Sales
§
Yazoo Mills Inc.
§
RIDGID Paper Tube Corporation
§
Pacific Paper Tube
The market is dominated by these key
players. However many new start-ups, small-, and medium-scale industries are
contributing to significant revenue generation in the jumbo kraft tubes market.
Jumbo
Kraft Tubes Market: Trends
§
In August 2018, Yazoo Mills Inc.
completed its second manufacturing facility located in Hanover, PA, for
increasing its production capacities of paper tubes and mailing tubes.
The jumbo kraft tubes market report
is a compilation of first-hand information, qualitative and quantitative assessment
by industry analysts, and inputs from industry experts, and industry
participants across the value chain.
The report provides in-depth analysis
of parent market trends, macroeconomic indicators, and governing factors, along
with market attractiveness as per segments. The report also maps the
qualitative impact of various market factors on jumbo kraft tubes market
segments and geographies.
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