Who are the leading market players?
Major players are Chicago Mailing Tube, PTS Manufacturing Co, Heartland Products Group, Darpac P/L, Ace Paper Tube, Smurfit Kappa, Valk Industries Inc, CBT Packaging, Humber Print & Packaging Ltd and Sonoco Products Company.
Which regions dominate the worldwide composite cardboard tube packaging market?
The dominant regions in the global composite cardboard tube packaging market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
What is the outlook for the Latin American market?
Latin America is expected to project sluggish growth in the coming years due to slow economic growth. However, it remains one of the most cost-effective manufacturing sources for North America.
Why are countries like China and India witnessing an increase in demand for composite cardboard tubes?
Countries like China and India are witnessing an increase in demand for composite cardboard tubes due to the growing demand for efficient yet appealing packaging, driven by the expansion of the retail industry and the rising urban middle class.