German Plastic Tube Market: Size, Share and Forecast 2019-2025

The German plastic tube market was $93 million in 2018 and is anticipated to grow at a CAGR of 7.8% during the forecast period. The growth of the market is attributed to the integration of printing and design technology by plastic tube manufacturers that enhance the packaging capabilities and have strong economic prospects. Advanced packaging technology has allowed companies to introduce innovation in products rather than adhere to traditional packaging methods. Many companies, therefore, adopt sustainable and intelligent innovation in their product designs. The consumption of plastic tubes is increasing due to several benefits of plastic tubes such as ease of use, portability, and convenience. However, ban on the use of plastics due to its environmental effects and fluctuation in prices of raw materials can hinder the growth of the market.

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Well-developed plastic industry scenario in the country is also estimated to fuel the country's market growth. According to the Germany Trade and Invest (GTAI), in 2016, the country had the highest demand for plastic in Europe with 25% of 50 million tons. It is the most preferred FDI destination for plastic industries as out of 768 projects projected related to plastic in Europe during 2012-2017, 20% were of Germany. The country has a significant number of plastic machine manufacturers, plastics and rubber recycling players along with the application industries. Moreover, the aforementioned society also mentioned that there were more than 3,350 companies related to plastic out of which around 2,900 are related to plastic processing, 250 to plastic machinery and 200 to plastic production in 2016.

The report analyzes the German plastic tube market on the basis of type and end-user. Based on type, the market is classified into polyethylene, polypropylene, polyamides, and others. Polyethylene type of plastic pipe led the market in 2018 and is further estimated to follow the same trend over the forecast period. Based on end-user, the market is segmented into pharmaceutical, cosmetic, oral care, and others. Furthermore, the market consists of several players that are operating and providing plastic tubes across the globe.

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German Plastic Tube Market- Segmentation

By Type

o Polyethylene
o Polypropylene
o Polyamides
o Others (Ethyl Vinyl Alcohol Polymer (EVOH))

By End-User

o Pharmaceutical
o Cosmetic
o Oral Care
o Others (Food & Beverages)

Company Profiles

o Albea Services S.A.S.
o Berry Global, Inc.
o CCL Industries Corp.
o Cope Plastics, Inc.
o CTL - TH Packaging
o EsselPropack, Ltd.
o Freelin-Wade Co.
o GSH Industries, Inc.
o Hoffmann Neopac AG
o Huhtam kiOyj
o Lakeland Plastics, Inc.
o LeRoy Plastics, Inc

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