Global Paper Cone Market is Expected to Grow at 5.6% in the Forecast Period of 2020 to 2027

The paper cone business will relinquish an approximated estimate of USD 10,074.79 million by 2027 while designating this germination at a pace of 5.60% for the prediction years of 2020 to 2027 with factors such as increasing demand in textile industries in various regions.

Paper cone market has shown an exceptional penetration in countries such as China, Germany and the U.S. because of the growing usage of paper cone for holding the threads and yarn in textile industries. In developing countries, the use of compostable and biodegradable paper cone is creating opportunity for the global paper cone market.

Paper Cone Market Scenario

According to Data Bridge Market Research, the market for paper cone in Asia-Pacific region has the highest market share followed by Europe and North America. Market leader is Conitex Sonoco (a subsidiary of Sonoco Products Company) which accounts an estimated market share of approximately 28% to 32% in the global paper cone market..

  • In May 2019, Sonoco Products Company announced the acquisition of Corenso Holdings America, Inc. The Corenso Holdings America (CHA) is engaged in the recycled paperboard (URB) and high- cores utilized in the paper, packaging, tape and specialty sectors. This development has helped the company to increase the revenue in near future.

Paper Cone MarketTrends Impacting the Market

Now the question is which other regions Conitex Sonoco (a subsidiary of Sonoco Products Company), Saroja Texcone and Pacific Cones. are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific paper cone market and the market leaders targeting China and India to be their next revenue pockets for 2020.

The paper cone market is becoming more competitive every year with companies such as Conitex Sonoco (a subsidiary of Sonoco Products Company), Saroja Texcone and Pacific Cones as they are the market leaders for paper cone. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the paper cone market.

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Paper Cone Market Development

  • In 2019, Tubettificio Senese S.r.L. company has participated in ITMA (Textile & Garment Technology Exhibition) in Barcelona. This development has helped the company to show case its product which will increase the revenue in future.

Scope of the Paper Cone Market

Global paper cone market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Hong-Kong, Taiwan, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, and rest of Middle East & Africa.

  • All country based analysis of paper cone market is further analysed based on further segmentation. On the basis of type, the market is segmented into tight bong paper cone, jumbo paper cone, yarn paper cone, printed paper cone, bobbins, textile paper cone, wax paper cone, conical paper cone, construction cone, plain paper cone and others. On the basis of number of piles, the market is segmented into single ply and multiple ply. On the basis of taper of the cone, the market is segmented into upto 30 taper, 30 to 50 taper and above 50 taper. On the basis of size, the market is segmented into 1-degree 51-minutes cone, 3-degree 51-minutes cone, 5-degree 57-minutes cone, 3-degree 30-minutes cone, 6-degree 20-minutes cone, 9-degree 51-minutes cone, 9-degree 36-minutes cone, 7-degree 22-minutes cone and others. On the basis of distribution channel, the market is segmented into direct sales/B2B, specialist retailers, convenience stores, supermarkets/hypermarkets, e-commerce and others. On the basis of end-user, the market is segmented into textile, construction and others.

To know more about the study

Key Pointers Covered in Paper Cone Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Market Key Vendors and Disruptors Study
  • Market Supply Chain Competiveness
  • Market Value Chain Analysis

Key Market Competitors Covered in the Report

  • Conitex Sonoco (a subsidiary of Sonoco Products Company)
  • Jaalouk & Co.
  • Tubettificio Senese S.r.L.
  • Sunnytexcone India (P) Ltd
  • Savio Texcone Private Limited
  • Bharath Paper Conversions
  • Pacific Cones
  • Saroja Texcone
  • Yaşar Group
  • Royal Paper

Above are the key players covered in the report, to know about more and exhaustive list of paper cone companies’, contact us

Research Methodology: Global Paper Cone Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Textile and Construction industries
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others

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