Report

Global Tube Packaging Market Size study, By Type (Laminated, Aluminium, Plastic), By Application (Oral Care, Cosmetics, Food & Beverage, Pharmaceuticals, Cleaning Products, Others) and Regional Forecasts 2021-2027

  • Publish Date: Mar,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Tube Packaging Market is valued at approximately USD 8.91 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.6% over the forecast period 2021-2027. A tube is a foldable package that can be used for viscid liquids such as caulk, & ointments, edible sauces, toothpaste, adhesive, artist's paint, and many others. A tube is a cylindrical, hollow piece with an oval or round shape, which is manufactured by the usage of aluminum, paperboard, plastic, or further metal. Consequentially, tube packaging is more convenient, flexible, extends the shelf life of the product, offers precise dispensing of goods, and also it safeguards products from sunlight, microorganisms, oxygen, and other external sources. Thus, the growing demand for flexible packaging, rising demand for the excellent barrier properties in packaging materials, increasing expenditure on cosmetics & personal care goods. and constant developments in packaging technology are the chief impelling factors for the market growth. According to Deals On Health, women nearly spend USD 313 monthly on beauty products, along the global beauty industry is accounted for USD 511 billion in 2021. Hence, the rising spending by the population on beauty products is further boosting the market demand in the approaching years. However, the execution of stringent government regulations impedes the growth of the market over the forecast period of 2021-2027. Also, the emergence of paper-based tube packaging and the growth of bioplastic-based packaging are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Tube Packaging market study include Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading region across the world in terms of market share owing to the potential growth of the healthcare industry and rising demand for cosmetic and personal care products. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as the growth of the emerging market in countries like South Korea, India, and China, escalating population, as well as rising disposable income would create lucrative growth prospects for the Tube Packaging market across the Asia-Pacific region.


Major market players included in this report are:
Cobey Inc
Oy Nordic AC Ltd.
Runlab Labware Manufacturing Co Ltd
MONTEBELLO PACKAGING
BASCO, Inc
Columbia Analytical Instruments Inc.
Patterson Pump Company
Jiaxing Jinyi Solar Energy Technology Co., Ltd.
Rakhoh Industries Pvt. Ltd.
Goodway Technologies Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Laminated
Aluminum
Plastic
By Application
Oral Care
Cosmetics
Food & Beverage
Pharmaceuticals
Cleaning Products
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Tube Packaging Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


Companies Mentioned

Cobey Inc
Oy Nordic AC Ltd.
Runlab Labware Manufacturing Co Ltd
MONTEBELLO PACKAGING
BASCO, Inc
Columbia Analytical Instruments Inc.
Patterson Pump Company
Jiaxing Jinyi Solar Energy Technology Co., Ltd.
Rakhoh Industries Pvt. Ltd.
Goodway Technologies Corporation