Tube has a cylindrical and hollow container made of plastic or aluminum. Furthermore, the product is used to store viscous liquids but not limiting to adhesives, ointment and toothpaste. These containers are customized with crimping, printing, punching and others. Fabricating the tubes ensures functional excellence and unique packaging.
Significant rise in the packaging sector paired is driving the tube packaging market worldwide. Furthermore, sudden rise in the packaging technique in different sectors have also contributed to the growth of the market. Economic meltdown as well as price volatility associated with the raw have hampered the growth of the market. In additional, the changing customer preference and their inclination towards sustainable and eco-friendly packaging among other are expected to create greater opportunities.
The world tube packaging market is segmented based on type, material type, application and geography. The types assessed in the market research report are twist tube and squeeze tube. Besides this, the application covered during the study includes consumer goods, cosmetics and oral care, pharmaceuticals and food & beverage. The material type analyzed in the report are plastic tubes, laminated tubes and aluminum tubes. Regions such as North America, Europe, Asia -Pacific and LAMEA.
The key market players active in the tube packaging market include Worldwide Packaging, Sonoco Products Company, Unette Corporation, Essel Propack, Montebello Packaging, Visipak, Albea Group, Huhtamaki OYJ and Amcor Limited.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS