Global Crimped End Mailing Tubes Market - 2021-2028
|出版日期||內容資訊||英文 180 Pages
|全球壓接端郵寄管市場：2021-2028 Global Crimped End Mailing Tubes Market - 2021-2028|
|出版日期: 2021年08月20日||內容資訊: 英文 180 Pages||
Crimped End Mailing Tubes Market Overview
Crimped end mailing tubes are also identified as snap lock tubes. These tubes are made up of either recycled pulp or wood pulp. Crimped end mailing tubes are utilized for multipurpose and are especially utilized for the transportation, mailing, or storage of blueprints, posters, art and other fragile business mailing applications. Moreover, the demand for crimped end mailing tubes is rising, as this is a lightweight packaging solution.
The market growth for crimped end mailing tubes is increasing exponentially due to their benefits during transit, such as resistance to crushing and bending. Manufacturers are using advanced technologies for growing the strength and robustness of mailing tubes. In addition, the market is highly competitive, and many new players are entering this market owing to cost-effective manufacturing and rising demand for crimped end mailing tubes. The easy unloading and loading structure of crimped end mailing tubes raise their reusability, and hence, it is expected to increase the market significantly during the forecast period.
The global crimped end mailing tubes market is estimated to reach US$ YY million by 2028 from the recorded market size of worth US$ YY million in 2020, growing at a CAGR of YY% during the forecast period (2021-2028).
Crimped End Mailing Tubes Market Dynamics
The increasing inclination of consumers towards its unique properties is triggering the demand for crimped end mailing tubes in recent times. Growing demand for maximum protection and long-term storage creates a strong opportunity for the crimped end mailing tubes market growth.
Increasing demand for crimped end mailing tubes product due to its unique properties is expected to drive the market growth
The growing demand due to its properties of easiness, lightweight and sturdiness in usage, the prevalence of product for maximum protection as well as long-time storage of documents, rising application in the food industry, the introduction of cost-effective manufacturing will be expected to increase the growth of the crimped end mailing tube market during the forecast period. The global food market was the highest revenue was generated in China at a value of US$ 1.29 trillion in 2020. The U.S. and India had the next highest revenues at US$ 959.89 billion and US$ 588.7 billion.
Maximum protection and long-term storage in crimped end mailing tubes is expected to boost the market growth
The boosting factor for this market is maximum protection and long-term storage of documents. Crimped end mailing tubes include almost 42% recycled content and 30% post-consumer material. Lucrative opportunities are being observed in various end-use industries, which contributes to the rising growth of the crimped end mailing tubes market from the past few years. For instance, these tubes store medical specimens and chemicals in the healthcare and pharmaceutical industries. These tubes are utilized for the storage of tool kits in industries. A few food industries are also utilizing these tubes for storing dry and confectionery products.
Increasing demand for alternative products is expected to hinder the market growth
Despite many positive aspects, a few hindering factors are expected to slow down the crimped end mailing tubes market growth. Paper tubes can be substituted as they have less resistance to wrinkling and tear due to caused impacts. Moreover, paperboard tube packaging is cost-effective, allowing increasing preference among consumers. In addition, the primary factor facilitating the growth of the global paperboard tubes packaging market is the demand from manufacturers for great and striking branding.
Crimped End Mailing Tubes Market Segment Analysis
By end-user, the market is segmented into food, cosmetic and personal care, building and construction, fashion design and jewelry and others.
Food, cosmetics & personal care is dominating the crimped end mailing tube market during the forecast period. The application of CEM tubes in the food, cosmetics and personal care sector increases significantly compared to other end-use industries. The adoption rate of CEM tubes in this sector is anticipated to grow at a meteoric rate of over 8% during the forecast period. Additionally, as per the research conducted on the usage of CEM tubes in various industries, the sale of CEM tubes in the cosmetics and personal care sector is poised to reach a notable valuation by the end of the forecast period.
In 2019, the global food packaging market value was determined to be worth approx. US$ 305 billion and is expected to grow at a significant CAGR during the forecast period. Moreover, in 2017, the global cosmetic bottle packaging market value was approx. US$ 6.5 billion and is forecasted to reach US$ 8.3 billion by 2023.
Crimped End Mailing Tubes Market Geographical Analysis
Based on the geography, the crimped end mailing tubes market is segmented into North America, Europe, South America, Asia-Pacific, and Middle East & Africa. The demand for crimped end mailing tubes in the North American market is expected to remain at the dominant position in sales and value generation due to the growing volume of trade and e-commerce in countries such as the U.S.
North America is dominating the crimped end mailing tubes market during the forecast period
North America dominates the global crimped end mailing tube market due to the growing purchasing power of the people and increasing demand for the attractive packaging of the product. Moreover, the North American market is expected to create potential opportunities for the crimped end mailing tubes market, as a rise in sales is being witnessed due to the attractive packaging of products. In addition, the increasing purchasing power of consumers in the U.S. is resulting in more growth possibilities for the crimped end mailing tubes market. The Latin American market also shows increasing prospects for the crimped end mailing tubes market. APAC region is expected to hold the largest growth rate due to the growing demand in emerging economies such as India, China and Indonesia. Mexico and Brazil are the growing markets for crimped end mailing tubes; emerging markets in the Asia Pacific, such as India, China, and Indonesia, are expected to boost this market. The European market is mature, and sluggish growth is being witnessed. Crimped end mailing tubes are easy and fast to close and do not need tape for sealing. Hence, to save packaging time, the demand for crimped end mailing tubes increases in many countries.
Crimped End Mailing Tubes Market Competitive Landscape
The crimped end mailing tubes market is fragmented with the presence of regional and global players. The competitive contour lies with the increase in the regional company and growing investment in upstream application. Yazoo Mills Inc., Pacific Paper Tube, RIDGID Paper Tube Corporation, Heartland Products Group LLC, Paper Tubes and Sales, Chicago mailing Tubes Co., CardBoarBoxes4U, Valk Industries Inc., Western Container Corporation, Ace Paper Tube are the major player in the packaging market. The major players adopt several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the crimped end mailing tubes market globally.
Yazoo Mills Inc.
Overview: The company mailing tubes are spirally wound and made with 100% recycled paperboard. This combination of top-quality sturdy and materials construction protects your products during shipping and gives consumers great unboxing expertise. Choose from more than 65 dimensions of mailing tubes that are in stock and ready to ship - or take the brand to the next level by adding liners, special sizing, logos, colors and other customization options.
Custom-made to your specifications
48-hour turnaround time.
No minimum order.
Cost-effective & convenient
Durability & high-quality
Fits customer needs
The global crimped end mailing tubes market report would provide access to an approx. 69 market data table, 66 figures and 180 pages.
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