Paper cores are strong cardboard tubes or cylinders which are used in fabric, adhesive, electrical, paper product and converting industries as a sturdy base around which to wind materials for storage or distribution. Depending on the intended use of the tubes, paper cores can be made from heavy-duty thick cardboard for industries such as fabric and electrical, whereas for toilet paper or paper towels, the cores can be made from thinner, less durable cardboard or paper.
Paper core market depends on packaging industry. It is used in many industries for winding a rewinding the product, such as aluminium foil packaging, polyester film, kraft paper, duplex paper, textiles and many more. It is projected to grow at a CAGR of 4.2% from 2015 to 2020. So paper core demand directly depends upon the demand of above listed products. Entrepreneurs who invest in this project will be successful.
Few Indian major players are as under
· Agrashakti Paper Mills Pvt. Ltd.
· Aryan Paper Mills Ltd.
· Astron Paper & Board Mill Ltd.
· Balkrishna Paper Mills Ltd.
· Fiesta Papers Pvt. Ltd.
· Goodwill Team Papers Ltd.
· Greenland Paper Mills Ltd.