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European Tube Packaging Market Trends | Segmentation, Outlook, Industry Report to 2021-2027

06-11-2021 11:12 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The European tube packaging market is estimated to grow at a considerable CAGR of around 6.8% during the forecast period (2021-2027). Some of the major companies operating in the region include Albea Services S.A.S., MPack Poland sp. z o.o. sp.k., Scandolara S.p.A., C.T.L. Packaging, Hoffmann Neopac AG, HuhtamäkiOyj, Linhardt GmbH & Co KG and others. Albea Services S.A.S. is a French company that produces printed laminate tubes for the oral care and personal care sector. The company is significantly focusing on a sustainable solution for the plastic tube market. In November 2019, the company announced that its Greenleaf 2 tube has passed successfully the two tests set by the Association of Plastic Recyclers to assess recycling-readiness.

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These tests ensure that packaging that includes Greenleaf tube is recyclable and compatible with HDPE bottle recycling streams. Therefore, ready to join an efficient recycling process. Hoffmann Neopac AG, a Swiss company has opened its new manufacturing unit in Wilson, NC, the US with an annual capacity of 80 million tubes. The Finish company, HuhtamäkiOyj has acquired three companies in recent periods across the globe which include Laminor SA of Brazil in January 2020, Everest Flexibles (Pty) Ltd., of South Africa in December 2019 and Mohan Mutha Polytech Private Limited (MMPPL) of India in September 2019.

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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?

European Tube Packaging Market – Segmentation

By Material Type

Laminated Tubes
Aluminum Tubes
Plastic Tubes
Others( Paper)

By Vertical

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

European Tube Packaging Market – Segmentation by Region

Rest of Europe

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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
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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