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Cosmetic Tubes Market Future Outlook 2026 Profiling Major Key Players Albea S.A., Amcor Limited, Essel Propack Ltd., Sonoco Products Company, World Wide Packaging LLC, Montebello Packaging

11-12-2018 11:50 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Cosmetic Tubes

Cosmetic Tubes

A cosmetic tube is a soft container that can be squeezed and utilized for the packing of thick liquids such as creams, lotions, ointment, and toothpaste. It is a hollow structure, both ends of which are treated differently during the manufacturing process. A tube has a round orifice at one end that is closed with the help of a cap.

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Increasing cosmetic sales worldwide is a major growth driver for the market. This coupled with lack of other cost efficient viable packaging technologies has resulted in the large scale adoption of cosmetic tube packaging. Cosmetic tubes can also be used for product promotion purposes. Labeling and printing can be done on the outer covering of the tube. Moreover, low quantity packs of cosmetic products can be easily incorporated by cosmetic tubes. These factors are expected to be major driving factors for growth of global cosmetic tubes market.

Market Outlook

Europe was largest market for cosmetic tubes in 2017. Cosmetic sales in the region were the largest in the world. According to Industry Association Cosmetics Europe, the Europe cosmetic market recorded cosmetic retail sales worth US$ 90 billion in 2017. Western European countries such as Germany, France, the U.K., Spain, and Italy were the major markets for cosmetic tubes in the region.

Asia Pacific is projected to be the fastest growing market for cosmetic tubes over the forecast period. According to Cosmetics Europe, China, India, Japan, and South Korea recorded combined cosmetic sales of US$ 110 billion in 2017. Major players are expected to focus on the Asia Pacific region, due to its high growth potential. Market saturation pertaining to volume sales has been observed in the countries of Europe and North America.

Key Market Players

Major players operating in the global cosmetic tubes market include Albea S.A., Amcor Limited, Essel Propack Ltd., Sonoco Products Company, World Wide Packaging LLC, Montebello Packaging, VisiPak Inc., IntraPac International Corporation, and CCL Industries Inc.

Market Taxonomy

On the basis of product type, the global cosmetic tubes market is segmented into:

Squeeze Tubes
Twist Tubes
Rigid Tubes
Extruded Tubes
Others

On the basis of material type, the global cosmetic tubes market is segmented into:

Aluminum
Plastic
Others

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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