Paper Core Industry - Regional Synopsis
North America Market Statistics
On the basis of regional analysis, the global paper core market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is poised to account for largest revenue share by 2037, owing to increasing application of paper core in end user industries such as food & beverages, healthcare, consumer durables, building and construction. Moreover, the increasing application of paper core in end user industries such as food & beverages, healthcare, consumer durables, building and construction in this region, is further anticipated to drive the growth of the market in North America.
APAC Market Analysis
On the other hand, the market in Asia Pacific is predicted to grow at the highest rate during the forecast period as a result of increasing demand for paper pulp along with the growing packaging production to ensure low cost, safety and sustainability of packaged products. Additionally, expanding fast-moving consumer goods and e-commerce industries owing to the easy availability of raw material and labor, especially in the countries such as China and India, is further anticipated to raise the demand for paper core in Asia Pacific.
