Global paper cone market is expected to grow with the CAGR of 5.6% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Global paper cone market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in global paper cone market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.
For instance,
- In May 2019, Conitex Sonoco (a subsidiary of Sonoco Products Company) announced the acquisition of the Corenso Holdings America, Inc. The Corenso Holdings America (CHA) is engaged in recycled paperboard (URB) and high- cores utilized in the paper, packaging, tape and specialty sectors. This development has helped the company to increase the production capacity which will increase the revenue in near future.
Conitex Sonoco (a subsidiary of Sonoco Products Company), is the dominating player in global paper cone market. The other key players existing in the market includes Jaalouk & Co, Tubettificio Senese S.r.L., Sunnytexcone India (P) Ltd, FAVRETTO, Savio Texcone Private Limited, Bharath Paper Conversions, Pacific Cones, Saroja Texcone, Yaşar Group, MANDAHAR GROUP OF COMPANIES, Royal Paper, JTS GROUP OF COMPANIES, Zhejiang eTernal Silicone and Plastic Co., Ltd, and NEW TOYO (VIETNAM) (A Subsidiary Of New Toyo International Holdings Ltd).
Conitex Sonoco (A Subsidiary of Sonoco Products Company):
Conitex Sonoco (a subsidiary of Sonoco Products Company), headquartered in North Carolina, U.S. which was founded in 1982. The company is engaged in cost effective and innovative packaging solutions in paperboards, textile carriers, FIBC bags and corrugated pallets. The company provides textile packaging, flexible packaging, paper, pallets, adhesives and packaging products out of which market focused category is textile packaging.
For instance,
- In October 2018, Conitex Sonoco (a subsidiary of Sonoco Products Company) has announced to acquire the 70% stake in the Conitex Sonoco. This development has helped the company to increase its revenue in near future.
The company has wide global presence across North America, South America, Asia-Pacific and Europe.
Saroja Texcone:
Saroja Texcone, headquartered in Uttar Pradesh, India, was founded in year 2010. The company is engaged in the manufacturing of cardboard cones, conical paper cones and kraft paper cones which are manufactured from best quality of raw materials and advanced machinery. The company offers wide range of product categories such as cardboard cones, printed paper cones, kraft paper cones, solid paper cones, textile paper cones, waxed paper cones, yarn winding cones, paper cones, waxed bolt box, paper cones for textile industry, yarn paper cones, textile paper tube, packaging paper tube, recycled paper tube, paper core tube and new items under which the market focused categories are cardboard cones, printed paper cones, kraft paper cones, solid paper cones, textile paper cones, waxed paper cones, yarn winding cones, paper cones, waxed bolt box, paper cones for textile industry and yarn paper cones. The company has its presence in India.
Pacific Cones:
Pacific Cones, headquartered in Uttar Pradesh, India was established in 2013. The company is a manufacturer, provider and merchant of a superior quality array of textile paper cones, cardboard cones, wrapping paper cones, written paper cones, waxed paper cones and paper tubes. The company has wide range of product categories such as textile paper cones, cardboard cones, kraft paper cones, printed paper cones, waxed paper cones. The company has its presence in India.
