Press release
US Plastic Tube Market 2019-2025: Industry Analysis, Trends, Growth, Opportunities, and Forecast
The US plastic tube market was $354 million in 2018 and is anticipated to grow at a substantial rate of 5.9% during the forecast period. The plastic tube is highly suitable for the purpose of packaging of semi-liquid pharma products as they are isolated from the chemicals and do not react with the chemicals of the packaging. Therefore, the increased demand for gel and lotion packing is a major factor for increasing the use of plastic tubes in the pharmaceutical packaging market in the US. Moreover, in February 2019, the American Chemical Council’s Plastics Division and the European Union (EU) had announced the target of 100% use of recyclable, reusable and compostable plastics by 2025 and 2040 respectively in their regions. These regulations are expected to shape the plastic tube packaging industry of the country in the future.(Get 15% Discount on Buying this Report)
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The US plastic pipe market growth 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. 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, in many countries, plastic is banned due to its environmental effects and fluctuation in prices of raw materials which is expected to hinder the growth of the market.
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Market Segmentation
US Plastic Tube Market by Type
• Polyethylene
• Polypropylene
• Polyamides
• Others (Ethyl Vinyl Alcohol Polymer (EVOH))
US Plastic Tube Market by End-User
• Pharmaceutical
• Cosmetic
• Oral Care
• Others (Food & Beverages)
Company Profiles
• Albea Services S.A.S.
• Berry Global, Inc.
• CCL Industries Corp.
• Cope Plastics, Inc.
• CTL - TH Packaging
• Essel Propack, Ltd.
• Freelin-Wade Co.
• GSH Industries, Inc.
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Contact Person: Mr. Anurag Tiwari
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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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