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UK Tube Packaging Market Size, Growth Analysis Report, Forecast to 2021-2027

06-09-2021 12:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The UK tube packaging market is estimated to grow at a considerable CAGR of around 6.6% during the forecast period (2021-2027). The pivotal factor that contributes to the market growth in the country is the significant demand for recycled packaging solution in various industries due to government initiatives. The government is also actively working to reduce plastic waste and increase recycling activities. In March 2020, the government of UK announced a tax of $260 (£200) per ton on virgin plastic in the 2020 budget. The tax will be applied from April 2022 to the plastic packaging which does not contain at least 30% recycled plastic. The tax will be applied from April 2022 to both plastics, which are manufactured in UK or imported from any other country. The tax rate and limit of 30% recycled plastic will continuously remain in review by the government and may change to fulfil the aim of promoting recycled plastic packaging.



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There is a significant rise in the adoption of personal care products and a growing trend for portable, compact, attractive, and inexpensive packaging solutions, which is propelling the growth of the tube packaging market in the country. The packaging and labelling of cosmetic tubes portray the quality of the product and is regarded as one of the important determinants in its market appeal. Along with this, the increasing sales of trial packs of branded and expensive cosmetics products in the form of use-and-throw plastic tubes of 10-50 ml is further supporting the market growth across the globe. This includes the celebrity-owned brands along with the top global cosmetics companies, such as L’Oréal and Lakme.



A Full Report of UK Tube Packaging Market is Available at: https://www.omrglobal.com/industry-reports/uk-tube-packaging-market

Key questions addressed by the report

What is the market growth rate during the forecast period?
Which segment/region dominates the market in the base year?
Which segment/region will project the fastest growth in the market during the forecast period?
How COVID-19 will impact the market growth in 2020 and the coming years?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected region/segment

o Recommendations

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

UK Tube Packaging Market – Segmentation

By Material Type

Laminated Tubes
Aluminum Tubes
Plastic Tubes
Others( Paper)

By Vertical

Cosmetics and Oral Care
Food & Beverages
Pharmaceutical
Others (Cleaning Products)

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

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

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
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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