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

02-13-2020 09:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The German polyethylene plastic tube market was valued over $60 million in 2018 and is anticipated to grow at a CAGR of around 7.3% 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.

Request a Free Sample of our Report on German Polyethylene Plastic Tube Market: https://www.omrglobal.com/request-sample/german-polyethylene-plastic-tube-market

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.
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.

A Full Report of German Polyethylene Plastic Tube Market is Available at https://www.omrglobal.com/industry-reports/german-polyethylene-plastic-tube-market

German Polyethylene Plastic Tube Market Segmentation

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

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/german-polyethylene-plastic-tube-market

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. AnuragTiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404

About us:

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.

For More Information, Visit https://www.omrglobal.com/

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