- Paper cones are widely used as winding supports in textile manufacturing, particularly in the spinning and yarn processing segments
- The rising environmental concerns and regulatory pressure to reduce plastic usage are accelerating the adoption of paper-based alternatives across industrial applications
- U.S. paper cone market captured the largest revenue share of 79.2% in 2024, fuelled by its strong textile production base and high emphasis on sustainability in industrial packaging
- Canada is expected to witness the highest compound annual growth rate (CAGR) in the North America paper cone market due to country's commitment to sustainability, government-led initiatives to reduce plastic use, and the expansion of small and medium-scale textile operations
- The yarn paper cone segment accounted for the largest market revenue share in 2024, driven by its extensive use in the textile industry for winding and storing various types of yarn. These cones are preferred for their durability, cost-effectiveness, and compatibility with high-speed winding machines across spinning mills
