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North American Tube Packaging Market Size, Share, Impressive Industry Growth Report 2027

06-11-2021 11:20 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The North American tube packaging market is estimated to grow at a considerable CAGR of around 7.6% during the forecast period (2021-2027). The tube packaging market in North America mainly driven due to the rising demand for flexible packaging across the cosmetic and personal care industry in the region coupled with the significant application of various types of material such as aluminium, plastics for flexible packaging in the pharmaceutical sector. Most of the face creams and toothpaste are packaged in a plastic tube for the convenience of mass consumers. Additionally, the rising demand for high-end pharmaceutical packaging solution in the region further contributes to the market growth.

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The government regulations for the use of recycled packaging material in the region further provide a significant opportunity to the market. For instance, in February 2019, the American Chemical Council’s Plastics Division proposed a target of 100% use of compostable, recyclable, and reusable and plastics by 2025. These projections by the government are expected to provide ample growth to the plastic tube packaging industry of the region in the future. Apart from this tube packaging have excellent resistance to a vast range of harsh chemicals, including aggressive food products and cleaning solutions. Therefore, significant scope in the food & beverages industry further propels the adoption of tube packaging in the region.

A Full Report of North American Tube Packaging Market is Available at: https://www.omrglobal.com/industry-reports/north-american-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?

North American 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)

North American Tube Packaging Market – Segmentation by Region

United States
Canada

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2. More than 120 countries are for analysis.

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

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For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/north-american-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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