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Unit Dose Tubes Market : Key Growth Factors and Industry Analysis 2016-2026

06-23-2017 12:48 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Unit Dose Tubes Market : Key Growth Factors and Industry Analysis

Unit dose tubes are those tubes which consist of only serving. Such unit dose tubes were primarily manufactured for clinical and pharmaceutical usage so that patient can be administered with the desired drug as per requirement and measurement without any error which can lead to potential harm and death of the patient. Slowly such unit dose tubes packaging has also gain popularity for packaging of cosmetics, adhesive and F&B industries as consumer preferred such packaging as it is very convenient in using, storing compared to large volume single unit packaging.

Market: Drivers & Restraints

The key factor which will drive the unit dose tubes market is pharmaceutical industry which has the highest demand for such unit dose tubes at present and has potential to grow over the forecast period. With pass of the Drug Supply Chain Security Act in 2013—and with the deadline for manufacturers having a unique serial code on each package by November 2017, there has been high demand of unit dose tubes amongst pharmaceutical industries for packaging of specific drugs. According to U.S. government in 2014, there were around 22,000 death in U.S. due to drug abuse, such alarming situation has made pharmaceuticals companies to bent towards unit dose tubes for packaging of certain drug such as opioid based. With unit dose tubes packaging a physician can prescribe such drug only that much which patient must require nothing more. Pharmaceutical companies are also preferring unit dose tubes for packaging of various drug and vitamins for senior age population who with age find it difficult to remember to take drug as prescribe, such unit dose packaging will be helpful in meeting this gap as it will carry required amount of drug for single use and easy to open and tear. Population across globe are rising so as the living space is shrinking, people now are more calculative and particular on spending and selecting on those commodities which they need day to day or for momentarily use. Most of the population in present time look for commodities such as grooming products, toiletries uses and adhesives in unit dose tubes because they just buy it when need arises which can be easily used as much required and no hassle of buying something of larger volume by paying more and then storing it for future usage. Such mindsets among consumers are on rise which will drive the market of unit dose tubes subsequently.

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Considering the increasing convenience which consumers look for and trend such as pay per use unit dose tubes marketing has next to none restraints.

Unit dose tubes Market: Segmentation

The global Unit dose tubes market is segmented on the basis of applications, end users, and region.

On the basis of applications, the global Unit dose tubes market is segmented into:

Pharmaceuticals

Cosmetics

Adhesives

F&B

On the basis of end users, the global Unit dose tubes market is segmented into:

Clinics & Hospitals

Veterinary

Households

Unit dose tubes Market: Regional Outlook

Based on the geographies, global unit dose tubes market is segmented into five key regions -- North America, Latin America, Europe, APAC, and Middle East & Africa. Among the aforementioned regions, North America accounts for significant share of unit dose tubes market, owing to the best of medical facilities established there and pharmaceutical companies which drives the unit dose markets primarily. In countries such as U.S., the various companies such as cosmetics and toiletries use offer products in unit dose tubes for convenience of consumer. North America is followed by Europe for the similar trend alike North America. In APAC region the market of unit dose tubes is booming with increase in population and consumers from this region prefer such packaging for personal care products owing to their change in lifestyle and mindset. In region such as MEA & Latin America the market for unit dose tubes is growing amongst pharmaceutical industries and over the forecast period it has been anticipated unit dose tubes market will grow in other sectors also.

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Unit dose tubes market: Key Players

Some of the major players identified in the unit dose tubes market are, Amcor Limited, LF of America, Reagent Chemical, Unicep, Unette Corporation, Sonic, McKesson Corporation, The Medi-Dose Group, Unit Pack Co., Inc.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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