Press release
European Polyethylene Plastic Tube Market: Size, Share and Forecast 2019-2025
The European polyethylene plastic tube market was $217 million in 2018 and is anticipated to grow at a CAGR of 6.4% during the forecast period. Polyethylene is one of the most popular types of plastics mostly used in the packaging industry. Poly tubing is also FDA approved for use in food and beverage applications. Polyethylene tubing products provide efficient, clean fluid handling capabilities for hospitals, research laboratories, food and beverage manufacturers, agriculture, and more.Request a Free Sample of our Report on European Polyethylene Plastic Tube Market: https://www.omrglobal.com/request-sample/european-polyethylene-plastic-tube-market
Moreover, in February 2019, the American Chemical Council's Plastics Division and the European Union (EU) had announced the target of 100% use of recyclable, reusable and compostable plastics by 2025 and 2040 respectively in their regions. These regulations are expected to shape the plastic tube packaging industry of the region in the future.
The European polyethylene plastic tube market growth 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, in many countries, plastic is banned due to its environmental effects and fluctuation in prices of raw materials which is expected to hinder the growth of the market.
The report analyzes the European polyethylene plastic tube market on the basis of end-user into pharmaceutical, cosmetic, oral care, and others. Cosmetics industry dominated the market in 2018 and is further estimated to dominate the market over the forecast period. Furthermore, the market consists of several players that are operating and providing plastic tubes across the globe.
A Full Report of European Polyethylene Plastic Tube Market is Available at https://www.omrglobal.com/industry-reports/european-polyethylene-plastic-tube-market
European Polyethylene Plastic Tube Market Segmentation
By End-User
o Pharmaceutical
o Cosmetic
o Oral Care
o Others (Food & Beverages)
Regional Analysis
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
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
For More Customized Data, Request for Report Customization @https://www.omrglobal.com/report-customization/european-polyethylene-plastic-tube-market
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Contact Person: Mr. AnuragTiwari
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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