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Collapsible Metal Tubes Market Report 2023-2032: Opportunity Assessment, Growth Strategy, Industry Share And Major Players | Auber Packaging Co., Ltd., CONSTRUCT Packaging, Linhardt, Universal Metal Products, Antilla Propack, PAKET Corporation
Collapsible Metal Tubes Market
The Business Research Company's Collapsible Metal Tubes Global Market Report 2023 identifies increasing concern over plastic packaging as the major driver for the Collapsible Metal Tubes Market's growth in the forecast period. The rising awareness and consumers' preference towards sustainable options along with reducing plastic usage contributed to the growth of the market. For instance, in June 2020, according to a survey report by UN Environment Programme, a Kenya-based environmental authority in the United Nations system, 91% of customers say they are concerned about the problems with plastic trash, and 54% of consumers recycle and turn their plastic garbage into valuable items.
The global collapsible metal tubes market size grew from $1.31 billion in 2022 to $1.4 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The collapsible metal tubes market size is expected to grow to $1.69 billion in 2027 at a CAGR of 4.8%.
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Major competitors in the Collapsible Metal Tubes Market are Auber Packaging Co., Ltd., CONSTRUCT Packaging, Linhardt, Universal Metal Products, Antilla Propack, PAKET Corporation, Albéa, ALLTUB Group, Montebello Packaging, Jiujiang Deshun Adhesives, Almin Extrusion, Perfect Containers Pvt. Ltd., Hubei Xin Ji Pharmaceutical Packaging, D.N. Industries, and Pioneer Group.
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The Collapsible Metal Tubes Market is segmented -
By Product Type: Twist Tubes, Squeeze Tube, Other Product Types
By Closure Type: Fez Cap, Nozzle Cap, Flip Top Cap, Stand Up Cap, Other Closure Types
By End-User: Home Care And Personal Care, Cosmetics, Industrial, Pharmaceutical, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Collapsible Metal Tubes Market.
The Business Research Company's "Global Collapsible Metal Tubes Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Collapsible Metal Tubes Market Include:
1. Executive Summary
2. Collapsible Metal Tubes Market Characteristics
3. Collapsible Metal Tubes Market Trends And Strategies
4. Collapsible Metal Tubes Market - Macro Economic Scenario
5. Collapsible Metal Tubes Market Size And Growth
……
26. Africa Collapsible Metal Tubes Market
27. Collapsible Metal Tubes Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Collapsible Metal Tubes Market
29. Collapsible Metal Tubes Market Future Outlook and Potential Analysis
30. Appendix
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