Jumbo kraft tubes, also identified as mailing tubes, are paper tubes made up of bleached brown-colored kraft paper. Kraft paper improves the pressure & strength withstanding capacity of jumbo kraft tubes. Additionally, jumbo kraft tubes offer durability, responsible for the surging demand for jumbo kraft tubes worldwide. Moreover, kraft tubes are thinner and exhibit more tear resistance properties. In addition, jumbo kraft tubes are a multipurpose storage option for unframed artwork, blueprints, flex, banners and other promotional material. Additionally, they also beneficial for collecting official large-size documents and any other roll stuff that can't be packed in cardboard boxes.
The demand for plastic caps & three-ply rigid jumbo kraft tubes at the end is anticipated to grow during the forecast period, which is particularly used for a tight fit shield of shipments. The key factor providing to the jumbo kraft tubes market's growth is that they give an attractive packaging appearance to products. Key players of jumbo kraft tubes concentrate on executing advanced technology to enhance their resistance against crushing & bending. The market of jumbo kraft tubes is anticipated to get new impetus, as they also give moisture shield to the stored product. As jumbo kraft tubes are the most recognized form of packaging, their demand is anticipated to grow during the forecast period.
The increasing inclination of consumers towards water treatment, agrochemical & pharmaceuticals due to stringent regulation is triggering the demand for Jumbo Krafts Tubes in recent times. Growing demand for water-soluble fertilizers creates a strong opportunity for the Jumbo kraft tubes market growth.
Increasing demand long-term storage of document and supreme protection is expected to increase the market size
The driving circumstances for the jumbo kraft tubes market are to get long-term storage of documents and supreme protection. Jumbo kraft tubes provide an appealing packaging look that many key players prefer to jumbo kraft tubes for the promotion & branding of their products. Besides this, the boosting factors liable for the growing demand for jumbo kraft tubes are low manufacturing cost & recyclability. Many pulp & paper industries are changing their product portfolios by adding kraft tubes products. The price of kraft paper is slightly more than regular paper. Still, more choice for kraft tubes is being witnessed due to their enhanced protection & strength attributes. The growth of the jumbo kraft tubes market is also being raised due to rising mailing, packaging and shipping applications.
Growing utilization of jumbo kraft tubes in various end-user is expected to boost the market
Jumbo kraft tubes have increased opportunities with dry food packaging and storage of blueprint and other prominent construction & architecture industries and textile industries. Despite the positive outlook, some restrictive factors might slow down the growth of the global jumbo kraft tubes market, such as replacing kraft tubes with fiberboard & cardboard tubes. However, these replacements incur an additional cost of packaging as related to kraft tubes.
Non-recurring purchases, upfront investment and storage space is expected to hinder the market growth
Unlike reusable/returnable cartons such as hard plastic shipping containers, the requirement for new cardboard boxes is ongoing and buying in bulk means paying more upfront to enjoy the long-term benefit is expected to hinder the market growth during the forecast period. The larger product life and not enabling companies to make bulk purchases due to the cost is creating major hindrances in the market. The larger size of the product and limited storage space for the product to be placed at idle times is another cause of restrained growth f the market.
Based on the geography, the jumbo kraft tubes market is segmented into North America, Europe, South America, Asia-Pacific, and Middle East & Africa. The demand for jumbo kraft tubes in the North American market is expected to remain at the dominant position in sales and value generation due to the growing volume of trade and e-commerce in countries such as the U.S.
North America is witnessing a significant growth during the forecast period
Jumbo kraft tubes have broad applications in many end-use industries. Hence, for attractive packaging & storage, jumbo kraft tubes are affirmed worldwide. The North America market is anticipated to generate potential opportunities for jumbo kraft tubes, as many customers are ready to pay more for attractive packaging. Massive urbanization and the growing purchasing power of customers are anticipated to boost the jumbo kraft tubes market in the United States. The Latin America market is also anticipated to grow the prospects of the jumbo kraft tubes market. Mexico & Brazil are developed markets for cardboard packaging. It is anticipated that these markets will showcase profitable opportunities for the jumbo kraft tubes market through improve product portfolios. Emerging markets in the Asia Pacific, such as China, India and Indonesia, are anticipated to boost the jumbo kraft tubes market significantly. The European jumbo kraft tube market is mature, and slow growth is predicted to be observed.
Competitive Landscape
The jumbo kraft tubes market is fragmented with the presence of regional and global players. The competitive contour lies with the increase in the regional company and growing investment in upstream application. Ace Paper Tube, Valk Industries Inc., Western Container Corporation, Chicago mailing Tubes Co., Paper Tubes and Sales, Yazoo Mills Inc., RIDGID Paper Tube Corporation, Pacific Paper Tube, PTS Manufacturing Co., Heartland Products Group LLC are the major player in the packaging market. The major players adopt several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the jumbo kraft tubes market globally.
