Global Paper Cone Market, By Type (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, Others), Number of Piles (Single Ply, Multiple Ply), Taper of The Cone (Upto 30 Taper, 30 To 50 Taper, Above 50 Taper), Size (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, Others), Distribution Channel (Direct Sales/B2B, Specialist Retailers, Convenience Stores, Supermarkets/Hypermarkets, E-Commerce, Others), End-User (Textile, Construction, Others),– Industry Trends and Forecast to 2029
Market Analysis and Size
The textile industry is experiencing high growth overall the globe and creating several opportunities for the many correlated market like textile machinery and packaging. The paper cone market is driven by the growing demand for paper cones in yarn in the textile sector globally for the past few years. Rising awareness among consumers about using sustainable raw materials and avoid using environmentally damaging raw materials like plastic creates vast opportunities for the paper cone market.
Data Bridge Market Research analyses that the paper cone market was valued at USD 0.34 billion in 2021 and is expected to reach USD 0.52 billion by 2029, registering a CAGR of 5.36 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
2022 to 2029
2020 (Customizable to 2014 - 2019)
Revenue in USD Billion, Volumes in Units, Pricing in USD
Type (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, Others), Number of Piles (Single Ply, Multiple Ply), Taper of The Cone (Upto 30 Taper, 30 To 50 Taper, Above 50 Taper), Size (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, Others), Distribution Channel (Direct Sales/B2B, Specialist Retailers, Convenience Stores, Supermarkets/Hypermarkets, E-Commerce, Others), End-User (Textile, Construction, Others)
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Players Covered
Conitex Sonoco (US), Tubettificio Senese S.r.L (Italy), Sunnytexcone India (P) Ltd (India), Savio Texcone Private Limited (India), FAVRETTO (Italy), Bharath Paper Conversions (India), Saroja Texcone (India), Pacific Cones (India), MANDAHAR GROUP OF COMPANIES (Pakistan), Royal Paper (Germany), ZHEJIANG ETERNAL SILICONE AND PLASTIC CO., LTD, (China), New Toyo International Holdings Ltd (Singapore), Sonoco Products Company (US), Jaalouk & Co (UK), Yasar Group (Turkey)
A paper cone is a variety of yarn carrier with a narrowing end. There are basically available in eight main size variations in which including: 1-degree 51-minute cones. 3-degree 51-minute cones. 5-degree 57-minute cones. The raw materials which is used for the production of paper cones include tapioca flour, dextrin starch, and millboard. The prime processes which is involved for the manufacturing of paper cone are pattern cutting, drying, embossing, edge grinding, and gluing, winding, nosing and base cutting.
Paper Cone Market Dynamics
- Demand in spinning mills
The paper cone is generally is used for wrapping yarn in spinning mills. The Yarn which has wrapped on paper cones is put in the polythene packs and sold by spinning mills to several customers globally. The rise in demand in spinning mills are expected to drive the paper cone market growth rate.
- Environmental concern
Increasing concerns about waste generation, with augmented demand for environment friendly packaging materials, are anticipated to have a positive impact on the paper cone market. Furthermore, increasing public awareness about eco-friendly packaging and growing environmental concerns are some other factors which are expected to drive the papers market's rapid growth.
- Growing demand in textile industry
Paper cones are mainly used in the textile industry for wrapping thread. The sewing thread is wound on paper cones which is use in sewing machines. Paper cones are daily consumable items in textile industry. The higher demand of paper cone in textile industry are expected to increase the market growth rate.
The rising environmental concerns due to increase in non-biodegradable plastic cone have been favored on the use of paper cone across the globe. Due to this overall paper cone sales in the region are increasing. Moreover, increasing consumer awareness of health issues has driven the use of paper cone as a reusable and more hygienic alternative to plastic cones. New advancements in technology in textile industry is also the major reason which are anticipated to witness a positive growth during the upcoming years.
Paper cone easy wear out and tear out characteristics which obstruct the growth of the paper cone market. The negative impact of COVID-19 outbreak on high price of raw materials, manufacturing unit and supply chain and will act as market restraint and further challenge the growth rate of the paper cone. Inability to carry heavy goods and unavailability of handle support in paper cone are the major restrains that will hinder the market's growth rate.
This paper cone market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the paper cone market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Paper Cone Market
The outbreak of covid-19 has affected several economies but on the packaging industry has a mixed impact due to different demand in different industries. The global lockdown has brought about numerous challenges, threatening the survival of many industries such as the textile industry. The paper cone manufacturers supply products to weaving and paper mills, spinning, pump set units and any other sector which needs packaging material to protect the product edges. Due to lockdown, the paper mills have hiked their raw material prices. The availability of labour and the shortage of raw material severely obstructing the paper cone market's growth.
Global Paper Cone Market Scope
The paper cone market is segmented on the basis of type, number of piles, taper of the cone, size, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Tight Bong Paper Cone
- Jumbo Paper Cone
- Yarn Paper Cone
- Printed Paper Cone
- Textile Paper Cone
- Wax Paper Cone
- Conical Paper Cone
- Construction Cone
- Plain Paper Cone
Number of Piles
- Single Ply
- Multiple Ply
Taper of the Cone
- Upto 30 Taper
- 30 To 50 Taper
- Above 50 Taper
- 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
- Direct Sales/B2B
- Specialist Retailers
- Convenience Stores
Paper Cone Market Regional Analysis/Insights
The paper cone market is analysed and market size insights and trends are provided by country, type, number of piles, taper of the cone, size, distribution channel and end-user as referenced above.
The countries covered in the paper cone market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Asia-Pacific dominates the paper cone market in terms of market share during the forecast period. This is due to the increasing demand for paper cone in this region. The Asia-Pacific region leads the paper cone market, with China leading because of growing business awareness and expansion and awareness among the customers in this region.
During the projected period, North America is anticipated to be the fastest developing region due to growing the use of paper cone in end use products in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Paper Cone Market Share Analysis
The paper cone market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to paper cone market.
Some of the major players operating in the paper cone market are:
- Conitex Sonoco (US)
- Tubettificio Senese S.r.L (Italy)
- Sunnytexcone India (P) Ltd (India)
- Savio Texcone Private Limited (India)
- FAVRETTO (Italy)
- Bharath Paper Conversions (India)
- Saroja Texcone (India)
- Pacific Cones (India)
- MANDAHAR GROUP OF COMPANIES (Pakistan)
- Royal Paper (Germany)
- ZHEJIANG ETERNAL SILICONE AND PLASTIC CO., LTD, (China)
- New Toyo International Holdings Ltd (Singapore)
- Sonoco Products Company (US)
- Jaalouk & Co (UK)
- Yasar Group (Turkey)