In a recent published report, Kenneth Research has updated the market report for Paper Canisters Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Paper Canisters Market products.
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By the end of 2050, the world’s population aged 60 years and above is anticipated to reach 2 billion, states the World Health Organization (WHO), in one of its statistics. Additionally, several manufacturers are increasingly showing interest for manufacturing healthy beverages, which is also anticipated to drive the growth of the market in the coming years.
Global Paper Canisters Market is further estimated to grow at a CAGR of 6.3% from 2019 to year 2025. The factor which is encouraging the development of the global paper canisters industry is that, it is savvy and are made in an assortment of shapes including spiral, round and tangled in a wide scope of measurements. The rising interest from producers for striking and astounding marking is one of the key driving component for the development of paper canisters industry. Amazing recyclability of paper canisters is relied upon to catalyze the development in not so distant future. Paper canisters give total insurance against dampness and stickiness. Paper canisters are space effective, however they are appropriate for putting away wires and other such items which require more storage room.
North America is relied upon to lead the global paper canisters industry. It is credited to high extra cash in the district. The comparative pattern is trailed by Western Europe, where the general population have elevated expectations of living. Latin America is relied upon to observe normal development in the global paper canisters industry. Nations in APEJ including India and China are required to observe more than normal development in the paper canisters industry because of developing retail part.
Major market players in Paper Canisters Market are Heartland Products Group, LLC
Multi Packaging Solutions, Yazoo Mills Inc., CBT Packaging, Ace Paper Tube Corp., RIDGID Paper Tube Corporation, Chicago Mailing Tube Co., Visican Ltd., Valk Industries Inc., Sonoco Products Company, Pacific Paper Tube, Darpac P/L, Cactus Corrugated Containers Inc.
Paper Canisters Market Segmentation:
Paper Canisters Market Overview, By Type
*Paperboard
*Cardboard
*Kraft Paper
*Fiberboard
Paper Canisters Market Overview, By Use
*Shipping & postal services
*Industrial goods
*Food & beverage
*Bakery & confectionary
*Automotive
Paper Canisters Market Overview, By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa
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Key points covered in this report:
- The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed.
- The import and export details along with consumption value and production capability of every region is mentioned in the report.
- Porter’s five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth.
- The report provides the clients with the facts and figures about the market on the basis of evaluation of the industry through primary and secondary research methodologies.
- A number of graphs and charts are present in the report that give the clients a clear visual representation of the data and makes it easy to comprehend the report.
Table of Contents
1. Introduction
1.1 Industry Vision
1.2 Limitations
1.3 Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.2. Industry Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Turnover Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary
4. Industry Overview
4.1. Introduction
4.2. Strength
4.3. Weakness
4.4. Opportunities
4.5. Threats
5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Paper Canisters Industry, By Type
6.1. Paperboard
6.2. Cardboard
6.3. Kraft Paper
6.4. Fiberboard
7. Paper Canisters Industry, By Use
7.1. Shipping & postal services
7.2. Industrial goods
7.3. Food & beverage
7.4. Bakery & confectionary
7.5. Automotive
8. Geographical Analysis
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
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