Plastic Tube Packaging Market 2018-2023 | Competitive Landscape By Amcor, Albea, CCL Industries, Sonoco, Sinclair & Rush, Huhtamaki, World Wide Packaging, Unette Co.

Plastic Tube Packaging Market: By Type (Squeeze, Extruded, Twist and Others), By Application (Personal Care, Pharmaceuticals, Food, Others) and by Region - Forecast To 2023

Market research future published a half cooked research report on global plastic tube packaging market. The global market for global plastic tube packaging market is expected to grow at ~6.02% CAGR.

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Market Highlights

The global plastic tube packaging market is dynamic and is expected to witness high growth over the forecast period. The growth of the market is influenced by the long-term air quality and climate goals. Some of the key driving factors of the tube packaging market are significant growth in packaging industries coupled with innovative packaging and excellent barrier properties. The increasing adoption of lightweight rigid plastics is one of the key drivers propelling the growth of this market in the coming years. Lightweight packaging is becoming increasingly popular among the consumers as it helps in the significant reduction of transportation and carriage costs, leading to increased profits. Moreover, the mindset of end-users towards sustainable packaging plays an important role in the growth of the plastic tube packaging market. The cosmetics and oral care segment are anticipated to witness a huge growth in the future due to improved lifestyle globally, followed by pharmaceutical segment. The growing demand from the pharmaceutical industry has been instrumental in fuelling the overall growth of the plastic tube packaging market. The pharmaceutical packaging plays a major role in bringing down diseases by protecting the drugs from direct light, moisture, and damage while handling. Plastic tubes are mostly used in pharmaceutical because they have lower cost, lightweight, flexible, and unbreakable. The most commonly used material in plastic tube packaging is polyethylene. According to IMS Market Prognosis, the global spending on medicine for the year 2011 accounted for USD 956 billion and is estimated to reach USD 1,175-1,205 billion in 2016. The pharmaceutical sector accounted for 20% of spending on medicine in 2011 and is estimated to account for 30% in 2016.

Some of the key players in the global plastic tube packaging market includes Amcor Ltd. (Australia), Albea Group (Luxembourg), CCL Industries (Canada), Sonoco Products Company (U.S.), Sinclair & Rush, Inc. (U.S.), Essel Propack Ltd (India), Huhtamaki (Finland), Montebello Packaging (Canada), World Wide Packaging LLC (U.S.), Unette Corporation (U.S.) and others.

Extensive research in this market has brought to light that expansion is the key strategy adopted by the major players in the global plastic tube packaging market. This strategy is widely adopted to spread their geographical presence and achieve operational efficiencies.

Market Research Analysis:

The development of new and diversified technologies is creating opportunities within the packaging industry. Increasing demand for airless tubes across the globe and the availability of high-quality printing at a low-cost are driving the global plastic tube packaging market growth. Recent market trends show a very high growth rate for the flexible packaging industry, driving the global plastic tube packaging market. Very strict and stringent regulatory rules along with high competition from substitute products are restraining the market. The rapid growth rate of the cosmetics and toiletries market in the developing countries is an attractive investment opportunity in the global tube packaging market. Plastic tube demand in beauty is largely defined by Facial moisturizers and cleansers, toothpaste consumption. While future growth may primarily come from Asia and Latin America where the category expands in line with rising modern retail outlets, pack sizing strategies will be key in driving sales across the globe. Geographically, the global tube packaging market is significantly large in Europe and North America due to increasing per capita income and consumer spending. Moreover, Asia Pacific is expected to be the fastest growing segment.

The global plastic tube packaging market is expected to grow at ~6.02% CAGR during the forecast period 2017-2023.

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Scope of the report

This study provides an overview of the global Plastic Tube Packaging market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Plastic Tube Packaging market by its product and region.

By Type

• Squeeze
• Extruded
• Twist
• Rigid Tubes
• Others

By Type

• Personal Care
• Pharmaceuticals
• Food
• Consumer Goods
• Others

By Region

• North America
• Asia Pacific
• Europe
• Rest of the World

Scope of Report

The report for Global Plastic Tube Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table Of Contents

1 Executive Summary

2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model

3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis

Continued......

List Of Tables

Table 1 Global Plastic Tube Packaging Market: By Region, 2017-2023
Table 2 North America Plastic Tube Packaging Market: By Country, 2017-2023
Table 3 Europe Plastic Tube Packaging Market: By Country, 2017-2023
Table 4 Asia Pacific Plastic Tube Packaging Market: By Country, 2017-2023
Table 5 RoW Plastic Tube Packaging Market: By Country, 2017-2023
Table 6 Global Plastic Tube Packaging Market, By Type, By Regions, 2017-2023
Table 7 North America Plastic Tube Packaging Market, By Type, By Country, 2017-2023
Table 8 Europe Plastic Tube Packaging Market, By Type, By Country, 2017-2023

Continued......

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