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Tube Packaging Market Growth Prospects, Key Vendors, Future Scenario Forecast 2027

02-16-2021 01:56 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Tube Packaging Market

Tube Packaging Market

Packaging is a system for corralling and protecting a product from damage. It plays a vital role in the safe storage and hygienic handling of a product. Moreover, it provides protection from dust, moisture, and wind. Apart from safeguarding the product, packaging also helps in marketing the product to customers. Elegant packaging design with various color schemes and designs influences the preference of customers.

Aesthetically appealing packaging is meant to reflect the quality of products and hence, serves both as brand promotion and advertising purposes as well. Packaging is of two types, rigid and flexible. Flexible packaging is any package whose shape can be readily changed to suit consumers’ needs such as bags and pouches. Whereas, rigid packaging include boxes, trays, cans, bottles, and pots and is the dominant segment.

On the basis of product type, squeeze tubes dominated the global tube packaging market and contributed over 60.0% in 2017, in terms of volume. Squeeze tube packaging is used in beauty and cosmetics industry for facial creams, face wash, hair dyes, and others.

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In 2017, Europe held the dominant position in the global tube packaging market attributing to the high adoption of small-sized packaging in cosmetics and personal care sectors coupled with its large scale usage in oral care products and toiletry products.

Detailed Segmentation:

Global Tube Packaging Market, By Product Type:
Squeeze Tubes
Twist Tubes
Cartridges
Extruded Tubes
Others

Global Tube Packaging Market, By Material Type:
Aluminum
Plastic
Laminated

Global Tube Packaging Market, By Application:
Oral Care
Beauty & Cosmetics
Food
Healthcare & Pharmaceuticals
Adhesives & Sealants

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Key companies covered as a part of this study includes Albea S.A., Amcor Limited, Essel Propack Limited, Sonoco Products Company, World Wide Packaging Inc., Montebello Packaging Inc., VisiPak, Inc., Intrapac International Corporation, and CCL Industries Inc.

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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.

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