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Tube Packaging Market -Trending Opportunities 2018-2026 | Industry Players- include D Technopack, Worldwide Packaging Inc, Visipak, Unicep Packaging, Huhtamaki OYJ, Sonoco Packaging Company, Montebello Packaging, M&H Plastics

11-18-2018 10:41 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Prognosis

Global Tube Packaging Market Highlights
Global Tube Packaging market is accounted for $6.75 billion in 2017 and is expected to reach $14.12 billion by 2026 growing at a CAGR of 8.5% during the forecast period. Advancements in packaging technology, demand for excellent barrier properties and growth in the cosmetics & toiletries sector are some of the key factors driving the market growth. However, banned raw material cost and availability of substitutes are factors hampering the market growth.

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A tube is a unfilled structure, both ends of which are treated in a different way during the manufacturing process and filling. A tube has a round orifice at one end that is closed with the help of a cap. The orifice can be shaped in many different ways, for instance, plastic nozzles that of varied styles and lengths. Tube packaging contains no germs due to the high temperatures during the production process. As it is possible to coat the inside of a tube with special coatings, the tube does not react with its contents.

Top Players:
Some of the key players profiled in the Tube Packaging market include D Technopack Ltd, Worldwide Packaging Inc, Visipak, Unicep Packaging, Huhtamaki OYJ, Sonoco Packaging Company, Montebello Packaging, M&H Plastics, Intrapac International Corporation, Auber Packaging Solutions, Hoffmann Neopac AG, Essel Propack Ltd, Alltube Group, Ctl Packaging, Constantia Flexibles, CCL Packaging, Albea Group, Amcor Ltd, Unette Corporation and Viva Group.

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Market Segmentation:
On basis of material type, laminated segment held considerable market share due to increasing demand for packaging with outstanding barrier protection, which is necessary for packaging pharmaceutical products. By Geography, Europe acquired the largest market share during the forecast period due to its large-scale use in a variety of healthcare and toiletry products. However, due to technological developments in this region, the market is now growing in the European countries. Moreover, Asia -Pacific market is growing at a huge pace in emerging markets of the region such as China, India, and Japan. The reason for the market is the increasing middle-class population of the region and increasing incomes, which drive the demand for easy and safe packaging.

Material Types Covered:
• Plastic Tubes
• Aluminium Tubes
• Laminated Tubes
• Other Material Types

Types Covered:
• Twist Tubes
• Squeeze Tubes
• Rigid tubes
• Extruded tubes
• Other Types

End Users Covered:
• Sports
• Pharmaceuticals
• Food & Beverages
• Cosmetics & Oral Care
• Cleaning Products
• Other End Users

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMarkPvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

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