Composite Cardboard Tubes Market to Grow at a CAGR of 5.7% through 2026
Verfasser: yogesh on Tuesday, 10 April 2018Manufacturers across industries are focusing on new product development and product enhancement to grab major hold in the global market. Different types of products are being shipped across major revenue pockets in the globe. In addition, manufacturers are focusing on enhancing their visibility through branding and product promotions. This has triggered the use of attractive packaging solutions. The adoption of composite cardboard tubes in packaging luxury and premium products is growing at a higher rate as they offer both safety functionality and appeal. These packaging solutions are widely used owing to the convenience they offer coupled with cost effectiveness.
According to Future Market Insights, the demand for composite cardboard tubes is expected to increase at a steady rate throughout the period of assessment (2017-2026). By the end of the year of assessment, the sale of composite cardboard tubes is expected to reach a value of over US$ 2 Bn.
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